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Wattcarbon

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WattCarbon Company Research Report



Company Overview



  • Name: WattCarbon

  • Mission: No information is available.

  • Founded By: No information is available.

  • Key People: McGee Young (CEO)

  • Headquarters: No information is available.

  • Number of Employees: No information is available.

  • Revenue: No information is available.

  • Known For: WattCarbon is known primarily for its efforts in the clean energy sector, focusing on connecting corporate partners with project developers to drive investment and accelerate deployment of distributed clean energy resources.


Products



OpenEAC Exchange


  • Description: An open exchange for purchasing clean energy certificates aimed at reducing carbon emissions by supporting local projects.

  • Key Features:

  • Connects buyers with local suppliers.

  • Allows purchase of energy attribute certificates that reflect actual carbon savings.

  • Provides verified and auditable data for sustainability goals.

  • Ensures transparency with energy attribute certificates (EACs) tracked to the hour.


WEATS Pro


  • Description: A decarbonization management tool leveraging the WEATS Registry for certifying EACs including energy and carbon impacts.

  • Key Features:

  • Provides an auditable system of record to track energy data and carbon impacts.

  • Enables detailed carbon accounting and assignment of EACs to projects and accounts.

  • Seamless API integration for data accessibility and extensibility.


vPPA Financing


  • Description: Virtual Power Purchase Agreement financing to unlock new clean energy projects and reduce barriers for distributed energy resources.

  • Key Features:

  • Leverages balance sheets to reduce project finance costs.

  • Customizable to suit various goals like location, emissions, or social impact.


Recent Developments



  • New Products Launched:

  • Introduction of the OpenEAC Exchange as a marketplace for clean energy certificate transactions, promoting transparency and verifiability in carbon impact.


  • New Features Added:

  • Expansion of WEATS into a more comprehensive decarbonization management tool, making it scalable for various energy projects and programs.


  • New Partnerships:

  • Collaboration with Shovels to enhance heat pump deployment toward US climate goals.

  • Involvement of companies like BlocPower and Gemini Energy to bring distributed clean energy projects to underserved communities.


Transaction and Activity Highlights



  • EAC Activity:

  • Recent transactions in the WEATS Registry include transfer of 999.25 kWh from WattCarbon to Boerum Hill Design LLC and retirement of energy attribute certificates by Nathaniel Meierpolys.

  • Total EACs: 3.79 billion EACs.

  • Average Price Per Tonne: $86.13.

  • Total Assets Registered: 987.


Additional Information



  • WEATS Registry: Acts as a system of record for distributed energy resources, facilitating the tracking and certification of energy savings and carbon impacts.


  • Industry Recognition:

  • Featured in various publications like Cipher, Utility Dive, and Canary Media highlighting the growing significance of adopting clean energy technologies.


This report provides an overview of WattCarbon’s offerings and recent advancements. The information compiled is focused on identifying the key aspects and strategic initiatives of the company.