INDUSTRY WATCH
WE ARE DELIGHTED TO LAUNCH THE REGULATORY POLICY FOR CLEAN ENERGY CERTIFICATES TO SUPPORT THE OVERALL INTEGRITY OF MEASURING , REPORTING AND ACCREDITATION REQUIREMENTS FOR THE ISSUANCE AND MANAGEMENT OF SUCH CERTIFICATES .
The Abu Dhabi Department of Energy ( DoE ) has launched a Regulatory Policy for clean energy certificates as part of its commitment to drive the transition to a sustainable decarbonised energy sector and marking a foundational step to establish a market for trading renewable and nuclear energy attributes in the emirate . within the Emirate of Abu Dhabi while I-REC Standard is responsible for providing a single central registry platform , the I-REC Registry , where records of the full lifecycle of ownership and use of the issued Clean Energy Certificates are held and maintained . It records all trading transactions , verifies claims , and ensures there is no Clean Energy Certificate double counting .
According to the DoE , the policy sets out the regulations and principles for implementing a clean energy certificates scheme in Abu Dhabi , as a measure to help reduce the carbon footprint associated with power generation while providing a reliable accreditation system that caters to the growing appetite among corporate businesses and households to contribute to the fight against climate change .
Since electricity generated from clean energy sources is indistinguishable from that produced by any other source , such an attribute tracking system is required to validate electricity providers ’ and consumers ’ claims of using low or zero-emissions electricity , thereby reducing their carbon footprint .
In order to support credible clean energy usage and delivery claims , the DoE has designed the Clean Energy Certificates scheme based on the internationally recognised attribute tracking system for renewable energy certificates developed by the International Renewable Energy Certificate Standard Foundation ( I-REC Standard ). An agreement has been signed between both parties , appointing DoE as the accredited I-REC local issuer for the Emirate of Abu Dhabi .
Emirates Water and Electricity Company ( EWEC ) will act as a Single Registrant for the electricity injected into the grid from DoE licensed generation entities . EWEC will ensure that all generation plants producing clean energy in Abu Dhabi are listed in the I-REC Registry . Businesses or consumers who wish to obtain a clean energy certificate can act as Participants , opening an account in the I-REC Registry platform . The certificates are issued by DoE in units of 1 MW / h upon receiving a request from the Single Registrant . The participants can then purchase certificates and allocate beneficiaries .
Eng . Mohamed Bin Jarsh Al Falasi , said : “ With heightened alerts about the impacts of climate change and an increased commitment to environment protection by customers and major companies who
Four key parties have been identified as key enablers for implementing Abu Dhabi ’ s Clean Energy Certificates scheme . The DoE is the ‘ Issuer ’, the entity formally authorised to issue Clean Energy Certificates
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