What do we mean by Renewable Energy traceability?

What do we mean by Renewable Energy traceability?


what do we mean when we say that FlexiDAO tracks renewable energy are we tracking during electrons flow into your
house? well not really FlexiDAO tracks renewable energy
from its origin what do we mean by that well when green energy is produced from
renewable assets such as solar wind or hydro this energy is injected into the
grids and mixed with the rest of electrons therefore green electrons
don’t really exist for physical reasons the way that energy retailers solve this
problem is by a financial instrument called energy attribute certificates
energy attribute certificates prove that one unit of a green energy has been
injected to the grid now the problem is that energy attribute certificates do
not have an expiry date longer than a certain period of time typically one
year therefore if you’re a consumer and you’re consuming hundred percent green
energy in a tariff and not at night during winter you might be just having a
certificate allocated from another type from another type of energy in another
moment of the year therefore that is not really reducing carbon emissions and at
that particular moment you’re not a hundred percent cream what FlexiDAO out
does is essentially ensuring that there’s a renewable energy asset
close to you in a certain location that is uniquely assigned to your consumption
in real-time therefore ensuring the direct traceability of consumption of
energy by its origin to prove car true carbon emission avoidance

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