IEEE standard on hydro/wind credits coming


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IEEE P1595 Standard establishes a global method to measure and verify CO2 reductions from wind power and small hydro, enabling credible carbon credits, emissions trading, and grid baseline assessment using Canadian project protocols.

 

A Closer Look

An IEEE framework to quantify, verify, and validate CO2 reductions from wind and small hydro for emissions trading.

  • Quantifies real, measurable, verifiable CO2 reductions
  • Applies to wind power and small hydro projects
  • Uses Natural Resources Canada project protocols

 

The IEEE has begun work on a standard that will help hydro- and wind-power projects calculate greenhouse gas (GHG) emission credits.

 

The standard, IEEE P1595, "Standard for Quantifying Greenhouse Gas Emission Credits from Small Hydro and Wind Power Projects, and for Grid Baseline Conditions," will establish an internationally acceptable basis for measuring, evaluating and quantifying the eligible, real, measurable, verifiable, and unique reduction in CO2 emissions attributable to the specific generation technologies of wind power and small hydro, for use in evolving emissions trading markets around the globe.

In addition, the standard will help provide an answer to the generic question, how can one country or jurisdiction to a greenhouse gas emissions trade be assured and satisfied that it is getting real and true value for a purchased GHG emissions credit via emerging carbon currency mechanisms from another country or jurisdiction.

The standard will use Project Protocols for Wind Power; Small Hydro and Grid Baseline established by Natural Resources Canada, aligned with advances in low-carbon power technology today and beyond, as its seed documents.

IEEE P1595 is sponsored by the Energy Development & Power Generation committee of the IEEE Power & Energy Society, and its work complements initiatives by organizations cutting greenhouse gases worldwide and across sectors.

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