Nuclear energy certificates gain momentum in the US as hourly tracking is debated

Data center energy demand has been cited as driving tech companies to work toward reopening closed nuclear facilities and committing to using new nuclear energy technologies in the future as part of their clean energy commitments.

Katherine Doyle, senior vice president of registry solutions at Xpansiv, a multi-registry, multi-asset portfolio management system and market data service provider, told Platts that due to Xpansiv’s clients’ needs, they developed an hourly REC tracking capability in their North American Renewables Registry and, more recently, “launched online trading and OTC transaction settlement” for the Environmental Fuel and Energy Credits (EFEC) market.

A trader told Platts that there is some interest in nuclear EACs or ZECs outside of the Power-Purchase Agreements space, and mentioned LevelTen’s auction of granular certificates, among which Type 2 GC could come from nuclear or hydro. Additionally, he cited the EFEC launch, scheduled for December.