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The Role of Registries in Renewable Energy Markets: Insights from Xpansiv’s CEO
John Melby, CEO of Xpansiv, joined The Green Insider Podcast to discuss his background in energy deregulation and policy work, as well as Xpansiv’s role in renewable energy markets.
- Importance of Registries:
- Explained the role of registries in tracking and verifying renewable energy production and consumption
- Detailed the evolution of the renewable energy credit market over the past 25 years
- Renewable Energy Certificates:
- Described registries as essential systems for tracking renewable energy production and consumption
- Explained how certificates are bought, sold, and retired within the registry
- Market Evolution:
- Discussed the growth of the renewable energy credit market driven by policy, voluntary users, and emerging tech companies
- Noted the expected increase in data centers’ share of the global energy load from 5% to 15% by 2028
- Emphasized the role of certificates in achieving net-zero emissions
- Predicted rapid growth in international renewable energy credit markets with a 26% CAGR by 2031
- Xpansiv’s Initiatives:
- Supporting grid-scale battery infrastructure
- Connecting new generators to the grid
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