MRV

Measurement, Reporting & Verification

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In California, the state offers generous credits for electric vehicles (EVs) to use clean energy.

This means that there is also a high level of certification and verification that the LCFS program participants are required to comply with.  One of these standards  is called Low Carbon Fuel Standard (LCFS) reporting.

The Power Ledger platform supports LCFS reporting requirements as well as any other globally-recognized decarbonization or renewable scheme. 

TraceX MRV platform features will track charging and discharging of renewable energy from EV chargers, automating the quarterly reporting to CARB.

How does MRV work?

Power Ledger onboards a utility’s eligible generation and meter data from EV chargers. It maintains a current asset list and status, tracks relevant data and provides a live interface that can be accessed by Utility’s authorized employees. to view LCFS status in real time.

Automated Reporting

Automated Reporting

No more spreadsheets and hours spent on manual reconciliation

Enhanced auditability

Creates an immutable record of transactions for guaranteed verification of LCFS eligible generation.

CARB format

Data is presented in the CARB approved format

Getting started

Our LCFS management platform automates CARB reporting. Here’s what you need to get started:

Step 1

Discuss your current LCFS process with our team.

Step 2

Onboard your meters to Power Ledger’s LCFS management platform. 

Step 3

Automated and timely reports to CARB that reflect your registered assets in real time. 

Work with us

Could an agile energy market help you?
Contact your local representative to find out more.

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