Real-time renewable energy credits

Abstract

A system is provided for matching real-time renewable resource credits with energy loads. The system generates real-time renewable energy credits (“RECs”) in real time with one or more attributes. A real-time REC is evidence of production of a base amount of electricity with attributes that may include actual time of production, location of production, and power type. When a supplier generates a base amount of electricity using renewable energy, the supplier is issued a real-time REC indicating actual time and production location. A consumer may purchase the real-time REC from that supplier based on matching the consumer's consumption to the real-time REC, make a claim, and then retire the real-time REC. As a result of this matching of production and consumption based on actual time and location, suppliers of electricity generated using renewable energy may be incentivized to build renewable energy plants near consumers, resulting in less pollution and less loss of energy during transmission.

Dependencies are inferred from the claim text.