Clean Energy Trade Standard
Powerex Corp. is excited to announce that it has adopted a Clean Energy Trade Standard as of January 1, 2021.
The new standard reflects Powerex’s commitment to transparently demonstrate that all of its clean electricity sales from the BC Hydro system represent 100% clean surplus supply. With the adoption of this new standard, Powerex’s customers have assurance that Powerex’s clean wholesale electricity deliveries from the BC Hydro system are being provided in a manner that does not increase carbon emissions elsewhere in the western grid.
In support of this effort, Powerex has developed a white paper describing the challenges to decarbonizing the western grid, and how its Clean Energy Trade Standard helps achieve this important objective. This paper details the robust framework that will provide accountability for all imports and exports to and from the BC Hydro system, while also recognizing domestic generation sources and native load service. Powerex will post the white paper in Q1 2021 and looks forward to serving its customers under this ambitious new standard.
Powerex will continue to transact in a wide range of other standard and custom wholesale electricity products, reliably meeting the evolving needs of its customers throughout the western grid. Powerex will also continue its practice of limiting its purchases from specific resources to clean and low-emitting resources.
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