News
Re(source) Partners with The Solar Club and UtilityNet
Re(source) Energy partners with UtilityNet and The Solar Club to expand a community-centric carbon offset payment platform
February 13, 2024
What is The Grid Factor?
The Electricity Grid Displacement Factor (EGDF) or the grid factor measures how much carbon dioxide emissions are being produced by the electricity grid.
It’s like a score – higher means there is more electricity produced by fossil-fuels flowing through the grid than electricity produced by zero-emission power plants. We multiply this score by the amount of electricity your solar PV system produces in order to calculate the emissions reductions and turn them into carbon offsets. The Alberta Emission Offset System (AEOS) uses fixed scores that are updated every year.
So, if the EGDF is high, your solar electricity production reduces a high amount of carbon dioxide emissions and will result in more carbon offsets.
If it is lower, your solar electricity production reduces less emissions and will result in fewer carbon offsets.
However, if you sign up with Re(source), your solar PV system will use the grid factor during the year it becomes a part of Re(source) for its entire term. So, signing up sooner will result in significantly higher carbon offset payments.
The table below shows the published EGDF for the Alberta electric grid from 2024 to 2029.
Vintage
Electricity Grid Displacement Factor with line loss applied (tCO2e/MWh)
2024
0.5226
2025
0.4907
2026
0.4588
2027
0.4271
2028
0.3952
2029
0.3633
Related
Blog
Should I sell carbon credits from my solar panels in Alberta?
You have two main options when it comes to your solar PV system’s carbon credits. You can either keep or sell them. Keep Your Carbon Credits Giving up ownership of your system’s carbon offsets means the buyer pays you to reduce carbon dioxide emissions on the electric grid. You are
January 24, 2024
Blog
What if the government shuts down carbon pricing (the carbon tax)? Axe the Tax
In Alberta, the carbon pricing schedule is written into legislation at the provincial and federal level so it would require the repeal of both the Greenhouse Gas Pollution Pricing Act (GGPPA) and Emissions Management and Climate Resilience Act (EMCRA) for the value of Alberta offset credits to equal to zero. The Technology Innovation and Emissions Reduction Regulation (TIER), of
January 23, 2024