Energy Attribute Certificates (EACs) offer a means of formal documentation and tracking for the production, distribution, and consumption of renewable energy. They are also known as Green Energy Certificates, or International Renewable Energy Certificates (IRECs).
The International Renewable Energy Agency (IRENA), recommends that local governments may "support an effective system for issuing and tracking of energy attribute certificates, enabling companies to make credible renewable electricity use claims. An energy attribute scheme is crucial to support renewable electricity sourcing whether through PPAs, utility purchases, unbundled certificates, or direct investment in self-generation."
EnergyLab is working to develop stakeholder understanding related to EACs. In particular, regarding the benefits of accounting for electricity consumption from renewable sources.