JERA Co. Inc. has announced that its subsidiary, JERA Cross, has formed a strategic partnership with Flexidao, a Barcelona-based company specialising in clean energy management. This partnership will pilot a renewable energy data management technology that tracks and certifies renewable energy consumption on an hourly basis, aligning with the international standards set by EnergyTag.
The Greenhouse Gas Protocol revision proposal has highlighted the need for precise management of renewable energy sources. This has led to an increased focus on “hourly matching,” which aligns electricity consumption with generation on an hourly basis. JERA has been active in promoting the tracking and certification of 24/7 carbon-free energy, including renewable energy.
Through the partnership with Flexidao, JERA Cross will use blockchain-based technology to track the type of power source and the time of power generation hourly. This will provide clients with real-time visibility of electricity, enhancing transparency as they pursue decarbonisation and support their corporate GX efforts.
Takao Miki, president & CEO of JERA Cross, stated, “Collaboration with Flexidao, renowned for 24/7 CFE tracking, will enable us to offer valuable services to progressive clients, significantly advancing CO2 reduction initiatives.”
Flexidao’s CEO, Simone Accornero, added, “This trial can serve as a model for hourly tracking of renewable energy sources in Japan. We hope our partnership with JERA Cross will drive significant advancements in Japan’s renewable energy sector.”
EnergyTag, an independent non-profit organisation, promotes a global standard for 24/7 carbon-free electricity, ensuring that electricity consumption aligns with the supply of renewable and green energy hourly.
The Greenhouse Gas Protocol’s revision proposal includes over 70 suggestions, with “hourly matching” being a key focus. This initiative aims to provide 100 percent of electricity from CO2 zero-emission sources, as outlined in the Ministry of Economy, Trade and Industry’s guidelines for retail electricity sales.
For more information visit www.jera.co.jp
