Info
Info

World’s first validated and registered Carbon Offset Project for EV Chargers announced

News
Info

SCS Global Services (SCS), Electrify America and Verra announced the first-ever validation of a carbon offset project under a new methodology for electric vehicle (EV) charging systems. Electrify America's achievement (for its direct current (DC) fast chargers) came last month after successful validation and registration of the project's design under the internationally recognised Verified Carbon Standard (VCS) by third-party verification firm SCS.

Under the project plan validation, SCS confirmed that Electrify America's EV charging stations adhere to a rigorous new methodology describing how charging stations should be able to reduce CO2 emissions compared to the baseline case - fueling and driving gasoline-powered vehicles. Once completed, the project will undergo verification of these CO2emissions reductions in order to be eligible to receive Verified Carbon Units or VCUs (the carbon credits issued under the Verified Carbon Standard). The credits can be sold on the voluntary carbon market to companies or entities that want to offset their emissions towards carbon neutrality by purchasing credits directly associated within the transportation sector.

Electrify America is on track to meet its targets of achieving validation and verification for its first 400-plus charging stations early next year which will include VCUs from 2019 and 2020 in 48 states, excluding California and Oregon which have compliance marketplaces.

Electrify America has more than 430 DC Fast Charging stations operational across the US today and is expected to have approximately 800 total charging stations with about 3,500 DC fast chargers operational by December 2021. The validated project incorporates more than 200 of these EV charging stations across the US and will include additional locations for verification that were not in operation during the validation phase.

“We are excited to implement this project, which will directly reduce the impact of fossil fuels on our environment and simultaneously open up opportunities for growth in the electric vehicle industry by way of more attractive investment economics,” said Wayne Killen, Director of Infrastructure Planning and Business Development at Electrify America. “Being among the first stakeholders to develop this methodology for electric vehicle chargers, we hope that it will be a turning point for others investing in charging infrastructure to leverage the methodology and actively deploy more charging stations throughout the nation, facilitating the use and adoption of more electric vehicles on the road.”

The methodology used to calculate the carbon emissions offset by this project is first-of-its-kind and is approved for use under the VCS Program, which is operated by Verra, a non-profit organization that develops and manages standards for climate action and sustainable development; the project has also been independently assessed by SCS. The methodology, entitled ‘VM0038, Methodology for Electric Vehicle Charging Systems v1.0', was pioneered by the Electric Vehicle Charging Carbon Coalition (EVCCC), of which Electrify America was a founding member. The EVCCC was led by Sue Hall, the CEO of the Climate Neutral Business Network, and was recognized in 2019 with a Climate Leadership Award for its innovative partnership approach in developing VM0038.

“We are proud to have our project validated by SCS Global Services and registered with Verra,” said Killen. “SCS is one of the world's premier third-party verifiers, ensuring thoroughness in design and confirming the validity of our process of obtaining carbon credits for the charging stations. Having the project registered with the VCS Program gives us the confidence that it has undergone a rigorous and credible assessment.”

Validation of the project included SCS's assessment of the project's conformance to the VM0038 methodology and to the Verified Carbon Standard (VCS) rules, as well as an evaluation of the likelihood that the methods and procedures will generate the predicted GHG emissions reductions once implemented.

“Congratulations to Electrify America on its success in having this widely anticipated project validated under the new electric vehicle infrastructure methodology,” said Letty B. Brown, Programme Manager of GHG verification at SCS. “This innovative methodology will be an important stepping stone in incentivising electrification of vehicles and stemming climate change by improving the business case for charging infrastructure investment.”

“It's great to see the successful registration of the first Electric Vehicle (EV) charging station project that can generate carbon credits under the VCS Program,” said David Antonioli, CEO of Verra who manages the Verified Carbon Standard (VCS) Programme. “The transportation sector is a huge source of GHG emissions and this project is an important step towards providing climate finance for the underlying infrastructure needed to get more EVs on the road, and thus achieving emission reductions at scale.”


The Latest News, Brought To You By
World’s first validated and registered Carbon Offset Project for EV Chargers announced
Modified on Wednesday 22nd July 2020
Find all articles related to:
World’s first validated and registered Carbon Offset Project for EV Chargers announced
TaaS Technology Magazine
Info
World’s First Validated And Registered Carbon Offset Project For EV Chargers Announced
200 Tesco Stores Across UK Now Equipped With Free Charge Points
Former VP At Tesla, Chris Porritt, Joins Rimac Automobili As CTO
Autotalks And Applied Information Partner To Help Emergency Vehicles Arrive Faster
JuiceBar Introduces New Line Of Flexible EV Chargers
Production Of The Volkswagen E-Crafter Begins In Września, Poland
Audi Researching Bidirectional Charging Technology
BMW Group Plant Munich Gears Up For Fully-electric Future
Ford Introduces The All-electric Mustang Mach-E 1400
EAV Launches New ECargo Chassis Cab Platform
Onto Takes Delivery Of The First Units Of Their 1,100 Order Of The All-electric Renault ZOEs
Continental Wins Further Serial Orders For Intelligent Antennas And 5G Connectivity
Volkswagen Launches Its New Charging Service We Charge
BYD’s Flagship Han EV Series Officially Goes On Sale
Beep And Local Motors Announce Strategic Partnership To Deploy Autonomous, Electric Shuttles
Mercedes-Benz EQS To Sport A Range Of 700 Kms
Kia And CODE42.ai Jointly Invest In New Start-up Offering EV Mobility Services
FEV Launches New Solutions For High Voltage Battery Testing
Mobileye Starts Testing Self-driving Vehicles In Germany
HumanDrive’s Scenario-Based Testing Spurs Standardisation, Simplification And Automation In CAV Testing, Says HORIBA MIRA
UK Based AFF Launches New Mobile EV Charging Service
Production Of High-tech Components For The BMW INEXT Starts In Landshut
Mercedes-Benz AG Creates A New Unit For Its Drive System Competences: “Mercedes-Benz Drive Systems”
Xpeng Motors Announces $500 Million Series C+ Financing
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info
{taasPodcastNotification}