OSPS 2024 - Deploying the first Hourly EAC Market for Distributed Energy Resources

This presentation was recorded at the Open Sustainability Policy Summit in Washington, DC. It was presented by McGee Young of Wattcarbon.
Abstract: In the summer of 2023, WattCarbon launched the first market for hourly EACs sourced from Distributed Energy Resources. 1,000 MWh of rooftop solar from West Virginia, 1,000 MWh of demand response from California, and 1,000 tons of CO2 from heat pump installations were procured from DER project developers on behalf of dozens of individual and corporate buyers. Advance market commitments allowed these project developers to deploy new projects that promised to reduce emissions in the most carbon intensive parts of the built environment. Learn how WattCarbon managed the challenges of tracking EACs at the watt-hour and navigating complicated carbon accounting rules introduced by distributed energy resources.
The Open Sustainability Policy Summit was hosted by the Johns Hopkins University Whiting School of Engineering, May 2-3, 2024.