Slides and Recording from Q1 OpenEAC Alliance Meeting

On Thursday, the OpenEAC Alliance convened for its quarterly meeting. The meeting featured an update on methodology structure, the relationship to M&V plans, and showing proof of methodology execution alongside Energy Attribute Certificates. Below is the summary as recorded by our AI notetaker. The slides and a link to the actual recording are below:

Slides
Recording (passcode: f@ZBJ#L8)

Meeting Summary

Overview

The OpenEAC Alliance Quarterly Call, led by McGee Young, provided an overview of the alliance's progress since its launch nine months ago, highlighting its mission to develop Measurement and Verification (M&V) methodologies for hourly decarbonization accounting. Key points included an exploration of the alliance's structure focused on creating accessible resources and replicable documentation, the methodology implementation process that ensures inclusivity and auditable execution, and a detailed example of an electrification project's M&V plan using the NREL Res stock Load shape option. The meeting concluded with a Q&A session that addressed governance concerns, transparency, and future plans for expanding methodologies, alongside designated action items for collaboration with stakeholders engaged in traditional carbon markets and organizing working groups for specialized methodology areas.

Notes

🏗️ Introduction and Background (00:04 - 08:14)

McGee Young introduces the OpenEAC Alliance

Launched 9 months ago in May 2024

Purpose: Develop M&V methodologies for hourly decarbonization accounting

Addressing challenges in moving from annual to hourly savings calculations

Incorporating carbon into output mix

📊 OpenEAC Alliance Structure and Goals (08:14 - 20:23)

Develop new methodologies and refine existing ones

Create replicable methodology documents for M&V plans

Provide resources for collaboration on methodology development

Keep resources open and accessible, not behind paywalls

Hosted on Substack for easy communication

Bias towards action to get the initiative off the ground

🔍 Methodology Implementation Process (20:23 - 35:16)

Methodologies designed to be inclusive of various measurement approaches

M&V plan plays a large role in implementing methodologies

M&V plan acts as a contract between parties

Methodology, M&V plan, and software implementation create a full lifecycle audit trail

Execution of M&V plan should be in code and auditable

Intermediate outputs and statistical measures should be included for verification

🔢 Example: Electrification Project M&V (35:17 - 50:45)

Walkthrough of methodology implementation for an electrification project

Use of NREL ResStock Load shape option

Detailed steps from methodology to M&V plan to savings calculations

Demonstration of WEATS (WattCarbon Energy Attribute Tracking System)

Example of EAC generation and associated metadata

❓ Q&A Session (50:45 - 01:02:06)