English translation of KoSIF’s Korean content — the Korean version is the authoritative source.
The Korea Sustainability Investing Forum (secretariat of the CDP Korea Committee) held the 2026 CDP Korea Conference on March 10 at the Ambassador Seoul Pullman Hotel. Centered on the theme of Transition, stakeholders from business, finance, and policy gathered to discuss how to put the shift to a low-carbon economy into practice.
Breakout Session C addressed Real-Time Renewable Energy Matching: Global Trends and Korea’s Response. The session reviewed Granular Certificate (GC) standards developed and promoted by EnergyTag, the criteria set out by 24/7 carbon-free energy (CFE), and real-time matching cases from major Asia-Pacific markets, and discussed how Korean companies and institutions can respond as the world moves from annual to hourly matching.
The keynote, “From Annual to Hourly
Matching - Granular Certificates (GCs) and the Future of Clean Energy
Procurement,” was delivered by Shailesh
Telang, Head of Asia-Pacific at EnergyTag (formerly responsible for CDP
RE100 technical guidance).
Telang described hourly certification not
as a narrow rule change but as a structural shift across energy markets. Annual
matching, he argued, does not reflect when electricity is actually generated
and consumed, which limits credibility. Global power markets have operated at
sub-hourly intervals for years, so energy certification systems need to catch
up.
He also noted that solar-plus-storage
models that supply clean power around the clock are already commercial
overseas, and that hourly matching can create economic incentives for storage.
EnergyTag has been involved in designing hourly matching criteria for the EU
Carbon Border Adjustment Mechanism (CBAM), GHG Protocol Scope 2, and clean
hydrogen rules in the U.S. and Europe (IRA 45V, RFNBO). Unlike RE100, which
spread through voluntary corporate participation, he said real-time matching is
more likely to spread through regulation, and its impact on companies may be
larger.
The panel was moderated by Taehan Kim, Director, Korea Sustainability
Investing Forum, and explored the feasibility and challenges of hourly
matching in Korea’s power market. Panelists discussed changing demand from
global companies, international standard-setting, readiness of domestic
infrastructure, and on-the-ground applicability.
Rachel
Swiatek, Senior Manager, Climate Group 24/7 Carbon-Free Coalition, introduced Climate Group’s 24/7 Carbon-Free Energy (CFE)
initiative and shared progress by major global companies such as Google and
Microsoft. Leading multinationals, she said, are moving beyond annual matching
toward aligning clean generation with actual electricity use every hour.
Dr.
Yohan Choi, Korea Institute of Industrial Technology, an ISO 14064 expert, outlined cooperation between ISO and the GHG
Protocol to strengthen standard alignment, and current ISO 14064 revision
discussions. He noted that same-grid, same-hour granular matching is being
discussed as a way to strengthen market-based methods, and that companies and
other stakeholders need to learn and take positions.
Sein
Moon, Manager, Korea Electric Power Corporation (KEPCO), stressed that real-time matching is not a partial upgrade of
existing rules but a shift toward a more technology-neutral and transparent
next-generation energy certification system. He described KEPCO’s
blockchain-based real-time matching pilot, which uses nationwide metering
infrastructure and precise data collection and settlement systems to test and
refine requirements for hourly certification.
Minyoung Song, Director, Good News Energy, said technical implementation of real-time matching is already feasible. He shared Good News Energy’s VOLT Registry work in Vietnam, which supports annual and monthly matching today while building hourly matching into the design. His key point: “You do not need 100% from day one. Disclosing where you are today and showing a path to improve is the most realistic starting point.”
Killian Daly, Executive Director (EnergyTag), who also spoke in a shared session, had earlier shared investor statements and shareholder resolutions that raise the bar on energy procurement quality. In the panel he framed real-time matching as a tool for system cost reduction and demand response, and noted that many utilities worldwide already offer hourly certificates.
The session showed that real-time matching
is no longer only an experiment for a few leading companies. It is being
institutionalized amid shifts in global regulation and market standards. Korea
likewise needs proactive responses across the power market, certification
systems, and corporate renewable procurement strategies.