Steps for ensuring data accuracy:
Regulatory improvements and open data initiatives should work towards enhancing data access and quality.
Options for data management:
Suppliers should track and report clean energy with the highest accuracy and precision possible, using granular EACs where suitable and referring to the EnergyTag standard.
A. Contractual Guarantees
supplier and buyer co-establish a commitment to a minimum % threshold of hourly CFE matching
B. Pricing Mechanisms
bonus for supplier when % threshold of hourly CFE matching exceeded; discount for buyer when % not met
C. Allocating Risks and Rewards
buyer and supplier agree to a transaction that balances affordability, risk aversion and risk appetite for both
D. Performance Reviews
regular meetings to discuss trends, challenges, opportunities and best practices to increase hourly matching
allowing adjustments and adaptations to accommodate changing conditions or unforeseen challenges