The Granular Certificate (GC) Trading Alliance, spearheaded by LevelTen Energy in partnership with AES, Constellation, Google, and Microsoft, has joined forces to develop a pivotal solution in collaboration with ICE to reduce carbon emissions in the power grid.
Key takeaways:
- The Alliance is developing a trading platform for hourly CFE, with robust transaction infrastructure allowing market participants to trade and manage settlement and deliveries.
- Platform development is structured to align with GC standards.
- The platform will drive price transparency into the value of carbon-free resources based on time and location.
- This is a shared solution for all energy market participants: CFE generators, energy buyers, and financiers.
Next steps:
- Continue building the GC trading platform.
- Encourage energy market participants to use the solution actively.
- Promote clean energy availability through the platform.
- Continue to foster industry collaborations to shape the future of energy markets.
