What we're reading

GHG Protocol and ISO to merge into a single carbon accounting standard, as Scope 2 consultation results land

• On 29 July, the GHG Protocol announced it will combine its corporate standards (Scope 1, 2, 3 and Actions and Market Instruments) with ISO's 14064-1 into a single, co-branded global standard, with an integrated public consultation planned for Q2 2027. This is a key milestone under the COP30 Action Agenda for harmonising global carbon accounting.
• Alongside the merger news, GHGP published the results of its Scope 2 public consultation: nearly 1,100 responses from 56 countries, showing broad support for improving the accuracy, comparability and integrity of electricity emissions accounting, though views differ sharply on how to get there. We’ll be publishing our take on it soon.
• GHGP also released preliminary feedback on its Actions and Market Instruments (AMI) workstream, which will now be developed in sync with Scope 2. The proposal on the table is a "multi-statement" reporting approach: separate disclosure of physical emissions, market-based emissions (from certificates and other market instruments), and a GHG impact statement using consequential methods. Public feedback showed strong support for this three-part structure.
• These developments are further strengthening the role of the Scope 2 accounting framework. As the overall standard becomes more rigorous, hourly matching has a crucial and well-evidenced role to play. Keeping market-based accounting as a distinct segment preserves the reporting space where hourly EAC matching performs. As you’ll read below, this is becoming more of a standard even beyond the GHGP.
• Read the announcement here.

EnergyTag launches "About Time", a living dashboard for round-the-clock clean power

• EnergyTag launched About Time, a public dashboard tracking the global transition to round-the-clock carbon-free energy: policies, hybrid PPAs, hourly product suppliers, case studies, research and media, all in one place.
• The dashboard illustrates the shift towards hourly traceability and highlight global progress. It is still in beta, but is intended to give standard-setters and buyers an evidence base showing that the policy, supply chains and procurement models for hourly tracking already exist and are scaling. Explore the dashboard here.Annual certificates can let a buyer claim 100% clean power while still relying on fossil generation for two-thirds of the hours in the day, a gap that only closes once wind, solar and batteries are combined.

Green-e formalises hourly certification with new Time-Based and Time-Matched products

• Green-e, the Center for Resource Solutions' certification programme, has formally launched two new hourly product types after a long build-up: Time-Based, where suppliers provide verified hourly generation data for customers to match themselves, and Time-Matched, where the hourly matching is verified by Green-e.
• Time-Matched is the more significant of the two: it brings the same independent verification that underpins Green-e's traditional annual certification to hourly claims, reducing risk for early movers in a still nascent market. Read the announcement here.

ENGIE structures its 24/7 offering into two tiers, and lands a real-world case study

• ENGIE has structured its 24/7 carbon-free energy offering in two commercial paths: Access 24/7, an entry point for small and mid-sized buyers built on existing supply contracts and local hourly production data, and Premium 24/7, aimed at large consumers (such as data centres) who combine supply contracts with long-term PPAs to bring new renewable and flexibility capacity onto the grid.
• The framing is useful beyond ENGIE's own book: it's a clear illustration of how suppliers are starting to segment hourly matching by customer ambition and readiness, rather than offering a single one-size-fits-all product.
• That segmentation showed up in practice this month: Aker BioMarine signed a 24/7 renewable energy agreement with ENGIE for its Houston facility, reaching around 90% hourly matching through site-specific RECs tied to named renewable projects, including the Impact Solar Project in Lamar County, Texas.
• Read the approach piece here and the Aker BioMarine case study here.

Xpansiv issues Texas's first hourly RECs

• Xpansiv's North American Renewables Registry (NAR) issued the first hourly RECs ever recorded in Texas, covering two solar projects totalling more than 600MW.
• The registry's hourly upgrade was backed by the LevelTen Registry Acceleration Fund, the same programme funding hourly infrastructure upgrades across other registries globally.
• Read the announcement here.

What we're writing

SBTi's Corporate Net Zero Standard v2: what it means for hourly matching

• Our analysis of the newly published CNZS v2 breaks down what has changed for Scope 2 electricity requirements, what it means in practice for utilities and suppliers, and why we see this as a pivotal moment for the market.
• Read our take here & catch up on our webinar here.

CRS webinar on hourly clean energy utility products, with SMUD and Granular Energy

• We took part in "A Utility Playbook for Hourly Clean Energy Products", a webinar hosted by the Center for Resource Solutions alongside SMUD. Catch the replay here.