What is the lifecycle of an EAC once it’s in the registry?
In order to register an EAC, the renewable energy operator has to apply to the EAC Register. Once that’s approved, they’ll receive an EAC for every MWh that is produced. The EAC Authority then goes through a verification process, prior to adding the EAC to the registry and issuing a certificate. After an EAC is […]
- In order to register an EAC, the renewable energy operator has to apply to the EAC Register. Once that’s approved, they’ll receive an EAC for every MWh that is produced. The EAC Authority then goes through a verification process, prior to adding the EAC to the registry and issuing a certificate.
- After an EAC is registered, the EACs have a maximum life cycle that varies for different certificates and markets, and there are a couple of things that can be done—one, the EAC can be transferred, or purchased, by a buyer, and two, the EAC can be canceled, expired, or withdrawn, and deleted from the registry. Both of these actions will effectively retire the EAC as it can no longer be sold from the registry.
