Close Menu
  • Crypto News
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Trending

Here’s When Bitcoin Bull Market Could Come Into Question, According to Analyst Benjamin Cowen

July 7, 2025

XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

July 7, 2025

Here’s why Circle’s CPN could be a threat to XRP price

July 7, 2025
5 Countries Where Crypto Is Tax-Free in 2025 (And Still Legal)

5 Countries Where Crypto Is Tax-Free in 2025 (And Still Legal)

July 7, 2025

Mine BTC with XRP via RICH Miner’s cloud mining platform

July 7, 2025
Facebook X (Twitter) Instagram
  • Advertise
en English
nl Nederlandsen Englishfr Françaisde Deutschit Italianoru Русскийes Españolzh-CN 简体中文hi हिन्दीja 日本語
Crypto Observer
  • Crypto News

    XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

    July 7, 2025

    Ethereum Eyes 16.7M Gas Cap Under Vitalik Buterin’s New Proposal

    July 7, 2025

    Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target

    July 7, 2025

    BioMatrix Surpasses 5 Million Verified Users, Setting New Standards for Real Human Engagement in Web3

    July 7, 2025

    Ethereum Breaks Higher With Conviction: No Signs Of A Breakdown Yet

    July 7, 2025
  • Markets
  • Bitcoin
  • Ethereum
  • XRP
  • Altcoins
  • Technology
  • More
    • Crypto Prices – Latest from BTC, ETH & XRP
    • NFT
    • DeFi
Facebook X (Twitter) Instagram
Crypto Observer
Home » Technology » Hedera and EDF Electrify the Future of Renewable Energy Certificates
Technology

Hedera and EDF Electrify the Future of Renewable Energy Certificates

Crypto Observer StaffBy Crypto Observer StaffNovember 30, 2023No Comments4 Mins Read
Facebook Twitter Pinterest Reddit Telegram Email LinkedIn Tumblr
Share
Facebook Twitter LinkedIn Pinterest Email

  • Automation of Renewable Energy Certificate transactions drives global sustainability.
  • The collaboration between EDF, REDEX and Rekursive Labs sets a transparent standard in renewable energy.

In a significant milestone for the energy industry, Électricité de France (EDF), a world leader in electricity production and the largest generator of renewable energy in Europe, has joined forces with REDEX and Rekursive Labs in a groundbreaking project.

This effort, backed by a proof-of-concept (POC) analysis, uses Hedera’s distributed ledger technology (DLT) to automate Renewable Energy Certificate (RECs) transactions, marking a new chapter in the quest for efficiency, transparency and sustainability in the $19 billion renewable energy certificate market.

Commitment to a Sustainable Future

At the heart of this collaboration is a shared vision of a greener and more sustainable future. EDF, with its expertise in renewable energy and electric vehicle charging, finds itself as the ideal partner for this initiative. The company is committed to sustainability and sees Distributed Ledger Technology (DLT) as the perfect tool to drive positive change in the renewable energy sector.

🌍🔌 @EDFofficiel, a global electricity giant, just powered up on #Hedera! They’ve partnered with REDEX and Rekursive Labs to revolutionize renewable energy certificates management. 🌞⚡

Hedera’s tech + open-source Guardian platform = a greener, more efficient #ReFi market! 🌿 pic.twitter.com/B7EszTDCWf

— Collin Brown (@CollinBrownXRP) November 29, 2023

Successful Demonstration in Singapore

The project has materialized at EDF’s MASERA microgrid demonstrator in Singapore, where the automatic redemption of tokenizedRECs at electric vehicle charging stations has been achieved .

The initiative involved collecting data from a variety of sources, from solar panels to generators and energy storage systems. This data was compared in near-real time with the energy consumption of electric vehicle chargers, ensuring an accurate match between certified green energy use and actual consumption at charging stations.

Addressing Environmental Emergencies

Zhaotan Xiao, CEO at REDEX, highlights the urgency created by the European Union’s Carbon-Based Emissions Adjustment Assessment (CBAM), highlighting how tokenization offers a simpler and more scalable architecture for tracking environmental attributes in global supply chains.

Recommended for you

• Bitcoin Giant DCG and Genesis Global Settle Lawsuit with $275 Million Repayment Plan• Cardano’s Battle for $0.38: Where Will ADA Price Head Next?• LUNC Skyrockets 15% as Bitcoin Breaks Key Barrier – Terra Classic Shines

This solution not only simplifies the calculation and tracking of the carbon footprint of commercial goods, but also lays the foundation for monitoring various environmental attributes in products from their origin to the end consumer.

Technology Integration Vision

Jason Loh, co-founder and Chief Commercial Officer of Rekursive Labs, stresses the importance of incorporating renewable energy certificate (REC) technology into all renewable energy production and consumption systems. By utilizing Web3technologies and processes , organizations can track renewable energy consumption throughout the entire supply and production chain, ensuring transparency and integrity.

Hedera: The Ideal Platform

The Hedera Network stands out as the ideal medium for this POC due to its speed, scalability, enterprise focus and Guardian’s open infrastructure. The Hedera Network offers fast and cost-effective transactions, making it the perfect choice for real-time REC redemptions compared to other distributed ledger technologies (DLTs). In addition, Hedera’s commitment to its carbon-negative status aligns perfectly with the goal of promoting a global movement towards sustainable energy production.

Standard for Sustainability

The collaboration between EDF, REDEX and Rekursive Labs supported by Hedera marks a significant step forward in automating and improving traceability in the renewable energy certificate market. This project not only drives the adoption of renewable energy efficiently, but also sets a standard for transparency and sustainability in energy production and consumption globally. In a world increasingly focused on sustainability, these initiatives are essential for a greener and more equitable future.



Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

5 Countries Where Crypto Is Tax-Free in 2025 (And Still Legal)

5 Countries Where Crypto Is Tax-Free in 2025 (And Still Legal)

July 7, 2025

Tennis players criticize AI technology used by Wimbledon

July 7, 2025

Plume Network Brings Real-World Yield to TRON’s Global Payment Ecosystem via SkyLink Integration

July 7, 2025

Decent Labs Launches Tokenization Platform for U.S. Startups

July 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Top Posts

Here’s When Bitcoin Bull Market Could Come Into Question, According to Analyst Benjamin Cowen

July 7, 2025

XRP Could Hit $35 If It Captures A Quarter Of Remittance Market By 2029

July 7, 2025

Here’s why Circle’s CPN could be a threat to XRP price

July 7, 2025
Advertisement
Demo

Crypto Observer is your one-stop website for the latest crypto news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram
Crypto News

Ethereum Eyes 16.7M Gas Cap Under Vitalik Buterin’s New Proposal

July 7, 2025

Bitcoin To Repeat Parabolic Phase From 2017 And 2021? Here’s The Target

July 7, 2025

BioMatrix Surpasses 5 Million Verified Users, Setting New Standards for Real Human Engagement in Web3

July 7, 2025
Get Informed

Subscribe to Updates

Get the latest crypto news and updates directly to your inbox.

Facebook X (Twitter)
  • Privacy Policy
  • Terms of use
  • Advertise with us | Publishing
  • Contact us
  • Crypto News – Press release
  • Newsletter sign up
  • Markets
  • Altcoins
  • Bitcoin
  • Crypto News
  • DeFi
  • Ethereum
  • Technology
  • Blockchain
  • AI
  • NFT
  • Thanks for joining us
© 2025 Crypto Observer. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.