Global Energy & Commodities Consortium Collaborate

A consortium of leading energy and commodities market participants has collaborated to execute the first-ever Responsibly Sourced Gas (RSG) supply agreement to use the Xpansiv Digital Fuels Registry™ to validate and register the gas’s origin, energy content and methane intensity, all derived from independent data sources.

Macquarie Energy Canada, Ltd. a wholly owned subsidiary of Macquarie Group will supply Québec’s leading natural gas distributor Énergir with natural gas from Pacific Canbriam Energy, a certified producer under the Equitable Origin EO100TM Standard for Responsible Energy Development. The physical natural gas will be bundled with Digital Natural Gas (DNG™), a registered digital asset derived from real-time production data as defined by Xpansiv’s Digital Fuels Program. The registered DNG attributes are recorded in an immutable digital certificate, enabling the owner to retire and claim the digital asset to meet ESG goals.

Read more…