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Global Green Resources

Global Green Resources

Global Green Resources
Society is demanding that companies, both public and private, serve a social purpose, the Global Green Resources will seek projects and/or create partnerships to create and market the “Green Energy Attributes” of renewable and clean energy production.
 
Renewable energy credits (RECs), are how renewable power is purchased and managed. One REC equals one megawatt-hour of power. When renewable energy is produced there are actually two components to the generation; the kilowatts of electricity produced and the environmental attributes of the electricity – the “claim” of green energy. RECs represent the attribute of energy produced from a renewable energy facility and are used like a “green” currency in the marketplace. 
 
The Global Green Resources intends to create a utility token that will represent generated REC credits and trade on the Blockchain.  Since all electricity generated flows into the electric grid, it is impossible to distinguish which electrons are “green” and which are not. Tied to the Blockchain, the Global Green Resources token will allow utilities and end-users to buy and track electricity from renewable sources with internet enabled metering so consumers can purchase RECs derived from renewable energy.
 

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