Objectives

The PEC Alliance aims to transform renewable energy procurement and carbon accounting by achieving these objectives:

1. Develop and Maintain the PEC Standard

   1. Develop a robust methodology combining hourly Energy Attribute Certificates (EACs) with marginal avoided emissions to quantify the carbon impact of energy entering the grid accurately.

2. Operate the PEC Registry with Integrity and Transparency

   1. Maintain a transparent, accountable registry governed by PECA and regularly update the PEC Standard to reflect technological and regulatory changes.

3. Establish Global Emissions Data Selection Process

   1. Develop a global method for selecting emissions data providers and factors for consistent carbon impact assessment.

4. Publish the Emissions Matching Standard

   1. Provide guidelines for using the avoided emissions of PECs to accurately match energy buyers' induced emissions to support sustainability goals and accurate impact-based reporting.

5. Align with Industry Standards

   1. Ensure PEC standards align with the EnergyTag Standard and the GHG Protocol to enhance adoption.

6. Promote Education and Awareness

   1. Increase awareness and provide educational resources on PEC benefits among stakeholders.

7. Foster Collaboration and Innovation

   1. Encourage industry collaboration to drive innovation in carbon accounting and emissions reduction.

   2. Facilitate knowledge sharing through working groups, webinars, and industry events.

8. Facilitate Regulatory Acceptance

   1. Align the PEC methodology with international standards and regulatory frameworks for global adoption.

9. Promote Stakeholder Engagement

   1. Engage diverse stakeholders in the methodology development process, including technology developers, regulatory agencies, clean energy buyers, and environmental groups.