🌿 GreenogyAus · Emissions Reduction Fund · Proof of Concept
ERF Proof of Concept:
GreenogyAus ACCU Coin
(GAC) System
Verified CO₂ reductions through renewable energy + EV charging infrastructure.
A combined model that generates 27,880 tonnes of CO₂ abatement annually — translating to
27,880 ACCUs and $1.1M+ AUD in carbon revenue under Australia's Emissions Reduction Fund.
Submitted for review by:
Clean Energy Regulator
ARENA
CEFC
Institutional Investors
Voluntary Carbon Markets
27,880t
Total CO₂ abated annually
(combined model)
255t
EV charging abatement
(10,000 EVs × UltraHub)
27,625t
Household solar abatement
(5,000 EHC capsule homes)
27,880
ACCUs generated p.a.
(1,000 GACs = 1 ACCU)
$1.115M
Annual ACCU revenue
at $40/ACCU (AUD)
$0.0415
GAC price per kg CO₂
(benchmarked to ACCU)
Section 2 — The Science
Combined CO₂ Reduction Model
Both components use the same abatement formula: Activity Volume × Average Generation × (Grid Emissions Factor − Clean Source Factor).
Numbers below are conservative PoC targets — not peak projections.
⚡ Component A — EV Charging (UltraHub Transport Sector)
10,000 EVs × 30 kWh avg charge × (0.90 grid factor − 0.05 renewable factor)
= 10,000 × 30 × 0.85
= 255,000 kg CO₂e
= 255 tonnes CO₂e per year
Annual abatement — EV charging
255 tCO₂e
☀️ Component B — Household Solar (EHC Capsule Homes)
5,000 homes × 6,500 kWh avg annual generation × (0.90 grid factor − 0.05 solar factor)
= 5,000 × 6,500 × 0.85
= 27,625,000 kg CO₂e
= 27,625 tonnes CO₂e per year
Annual abatement — household solar
27,625 tCO₂e
🌿 Combined Total
255 (EV) + 27,625 (Solar) = 27,880 tonnes CO₂e per year
Total annual CO₂ abatement
27,880 tCO₂e
Abatement Scale Comparison
* EV component scales significantly with hub rollout — Gold Coast Phase 1 baseline only
Petrol Lifecycle Emissions Reference
The ERF calculates displacement value — the CO₂ that would have been emitted under the baseline (grid + petrol). For EV charging calculations, petrol displacement includes the full lifecycle: extraction → refining → transport → combustion.
| Source / Fuel |
Emissions Factor |
Basis |
Used In |
| Petrol (lifecycle) |
3.9 – 4.6 kg CO₂/litre |
Extraction + refining + transport + combustion (Well-to-Wheel) |
EV displacement baseline |
| Coal power generation |
1.1 – 1.7 kg CO₂/kWh |
Average black/brown coal grid factor |
Grid emissions reference |
| Gas power generation |
0.5 – 0.75 kg CO₂/kWh |
Combined cycle / open cycle gas turbine |
Grid emissions reference |
| Australian NEM (mixed grid) |
~0.90 kg CO₂/kWh |
~1.175 kg average; PoC uses 0.90 conservative figure |
Both components — primary factor |
| Clean renewable source (solar/wind) |
0.05 kg CO₂/kWh |
Lifecycle manufacturing + O&M embodied emissions only |
Both components — clean source factor |
Section 3 — Token System
GAC System Explained
GreenogyAus ACCU Coin (GAC) is the internal unit of account for the GreenogyAus ecosystem. One GAC represents exactly 1 kg of CO₂ reduced or avoided. GACs are tracked in real-time via blockchain, then aggregated at the 1,000-unit threshold to generate a CER-registered ACCU.
Event
EV charge or solar kWh generation
→
1 GAC
= 1 kg CO₂e reduced
(blockchain tracked)
→
1,000 GACs
Threshold for ACCU aggregation
→
1 ACCU
= 1 tonne CO₂e
ERF compliant, CER registered
→
$40
Market value
(AUD, current floor)
PoC Activity Metrics Table
| Activity Type |
Unit of Measure |
Volume per Event |
Abatement Factor |
GACs Generated |
ACCU Equivalence |
| ⚡ EV ChargingUltraHub station |
Per full charge |
50 kWh |
0.85 kg CO₂/kWh |
42.5 GACs |
~0.0425 ACCU |
| ☀️ Household SolarEHC capsule home |
Per month |
650 kWh |
0.85 kg CO₂/kWh |
552.5 GACs |
~0.5525 ACCU |
| 🧺 Laundromat SolarCommercial UltraHub tenant |
Per month |
300 kWh |
0.85 kg CO₂/kWh |
255 GACs |
~0.255 ACCU |
| 🚗 Car Wash SolarCommercial UltraHub tenant |
Per month |
100 kWh |
0.85 kg CO₂/kWh |
85 GACs |
~0.085 ACCU |
| Total Annual GACs (full PoC) |
27,880,000 GACs |
27,880 ACCUs |
Annual ACCU Revenue
Total CO₂ abated annually
27,880,000 kg (27,880 tonnes)
Conversion: GACs → ACCUs (1,000 GAC per ACCU)
27,880 ACCUs
ACCU spot price (conservative floor)
$40.00 AUD / ACCU
EV component (255 ACCUs × $40)
$10,200 AUD
Solar/household component (27,625 ACCUs × $40)
$1,105,000 AUD
Total Annual Carbon Revenue
$1,115,200 AUD
At $40/ACCU conservative floor. Voluntary market range: $35–55. Government Safeguard Mechanism price corridor may provide upside. GAC price benchmarked at $0.0415 per kg CO₂.
Section 4 — Regulatory Framework
ERF Methodology Alignment
The GreenogyAus system qualifies under multiple ERF methodologies simultaneously.
This dual-registration strategy maximises ACCU issuance, reduces regulatory risk, and ensures the full abatement portfolio is captured under CER-approved frameworks.
🚗
Primary
Transport Sector Emissions Reduction Methodology 2021
Applies to all EV charging events at UltraHub stations. Covers displacement of petrol and diesel consumption through electric vehicle operation powered by renewable energy. Requires metering of kWh delivered per vehicle.
🏭
Secondary
Industrial & Commercial Demand Management Methodology 2015
Covers solar generation at commercial UltraHub sites (laundromats, car washes, business tenants). Addresses avoided grid consumption at non-residential premises through on-site renewable generation.
♻️
Supplementary
Avoided Emissions from Incremental Improvements (Carbon Credit Conversion)
Provides the GAC → ACCU conversion pathway. Supports the internal tokenisation framework where 1,000 granular kg-level credits aggregate into a CER-tradeable 1-tonne ACCU. Satisfies additionality requirements.
⚡
Supplementary
Energy Efficiency Project Methodology 2020
Applies to HUB-level energy optimisation — IoT load balancing, demand response, smart switching between solar primary and grid backup. Captures efficiency-driven abatement beyond generation alone.
CER Administered
ERF Act 2011 Compliant
Safeguard Mechanism Eligible
Dual Methodology Registration
Voluntary Market Eligible
Section 5 — Infrastructure
UltraHub Infrastructure
The UltraHub model inverts the conventional grid relationship.
Rather than drawing from the NEM as primary source and treating renewables as a supplement,
UltraHub deploys solar and battery storage as the primary energy source —
the traditional electricity grid becomes backup only.
This full-displacement architecture attracts significantly higher ACCU rates under the Transport Sector methodology.
🏗️
Traditional Grid Model
- NEM grid electricity = primary source (~0.90 kg CO₂/kWh)
- Renewables supplement (offsets marginal fraction)
- EV charging draws fossil-heavy baseline power
- Carbon credits limited to marginal displacement only
- Electricity company = essential, non-replaceable infrastructure
⚡
UltraHub Renewable-First Model
- On-site solar + battery = primary energy source
- NEM grid connection = backup only (emergency coverage)
- EV charging from clean generation (0.05 kg CO₂/kWh lifecycle)
- Full displacement of 0.85 kg CO₂/kWh per event
- Electricity companies reduced to infrastructure backup role
🌏
Gold Coast — Phase 1
First UltraHub deployment. Gold Coast serves as the primary PoC site for all three abatement streams: EV charging, residential EHC solar, and commercial tenant solar. Data collected here forms the CER baseline documentation.
🏙️
Melbourne / Sydney — Phase 2
Urban expansion post-Gold Coast validation. Higher EV density in Melbourne and Sydney multiplies the transport sector component significantly. Phase 2 is projected to scale EV abatement 10× on the PoC baseline.
📡
IoT + Blockchain Monitoring
Every charging event and solar kWh generation is logged in real-time via IoT-enabled smart meters. Data is written to a blockchain ledger creating tamper-proof, auditable records for CER reporting. GAC issuance is automated on verified data ingestion.
Section 6 — Compliance
Compliance & Reporting
All ACCU claims will be supported by auditable, real-time data meeting CER reporting standards.
Additionality documentation demonstrates that the GreenogyAus model goes beyond standard practice,
qualifying under the ERF's voluntary additionality test.
📋
Annual CER Reporting
Full annual reports submitted to the Clean Energy Regulator covering:
- Total kWh generated per site and source
- GAC ledger reconciliation (kg → ACCUs)
- IoT data audit trail with timestamps
- Variance analysis vs prior year
✅
Additionality Documentation
Demonstrates that abatement is
voluntary and
exceeds standard practice:
- Baseline comparisons vs NEM grid average
- Evidence of renewable-first vs grid-first architecture
- Financial additionality: carbon revenue enables the project
🌐
International Standards
Aligned with global voluntary carbon market standards:
- VCS — Verra Verified Carbon Standard
- Gold Standard — SDG-aligned certification
- ICROA — ICROA Code of Best Practice
🔒
Tamper-Proof Records
Blockchain-based data architecture ensures:
- Immutable GAC issuance events
- Cryptographically signed meter readings
- Third-party verifiable audit trail
- No single point of manipulation
Section 7 — Market Access
International Carbon Trading
GACs are designed to be tradeable on voluntary carbon markets alongside or independent of formal ACCU registration.
Australian-origin carbon credits command a premium positioning in international markets due to strong regulatory oversight and biodiversity co-benefits.
ClimateTrade
Blockchain marketplace
$35–45
AUD per ACCU equivalent
Verra Registry
VCS verified credits
$25–40
USD per tonne CO₂e
AirCarbon Exchange
Singapore exchange (ACX)
$30–50
USD per tonne CO₂e
Australian ACCU Market
CER spot + secondary
$40–55
AUD per ACCU
🇦🇺
Australian-Origin Premium
Credits generated within Australia's ERF framework carry inherent regulatory credibility. Australian ACCUs are backed by the Clean Energy Regulator — a government body — providing institutional investor confidence unavailable from project-level voluntary credits in other markets.
💱
GAC Pricing Benchmark
The GAC price is benchmarked to the ACCU market:
$0.0415 per kg CO₂e (GAC)
= $41.50 per tonne CO₂e
= $41.50 per ACCU (1,000 GAC threshold)
This enables micro-trading of carbon reduction events — any entity can purchase fractional carbon offsets without waiting for ACCU aggregation.
Section 8 — Execution Plan
12-Week PoC Roadmap
🔗 Blockchain Infrastructure + Smart Contracts
- Deploy GAC token smart contract on Ethereum/Polygon (ERC-20 compatible)
- Implement IoT data ingestion pipeline (MQTT → event bus → chain)
- Smart contract logic: GAC minting on verified kWh event, 1,000:1 ACCU aggregation trigger
- Security audit: third-party review of contract logic and data signing
- Gold Coast site instrumentation: smart meter API integration
📱 App Prototype + Impact Dashboard
- Build GreenogyAus user-facing app: GAC balance, live abatement tracker, ACCU count
- Household dashboard: per-home solar generation, GACs earned, cumulative CO₂ offset
- UltraHub operator portal: per-station EV charging data, GAC issuance log
- CER-ready reporting module: annual summary auto-generation
- Real-time map: Gold Coast Phase 1 site monitoring overlay
🧪 Data Simulation, Testing + Demo Preparation
- 12-month data simulation: model all 27,880 tCO₂e across simulated sites
- ACCU generation walkthrough: end-to-end demonstration from IoT event → GAC → ACCU
- Independent data verification: engage third-party auditor to validate methodology
- CER pre-submission briefing: prepare methodology alignment document for Clean Energy Regulator
- Investor demo preparation: recorded walkthrough + live dashboard demo environment
| Week | Milestone | Deliverable | Status |
|---|
| 4 | Blockchain Live | GAC smart contract deployed to testnet; IoT pipeline functional | Planned |
| 6 | App Alpha | Household + operator dashboards with simulated data | Planned |
| 8 | CER Reporting Module | Auto-generated annual report matching CER template | Planned |
| 10 | Simulation Complete | Full 12-month data simulation validated against formula | Planned |
| 12 | PoC Demonstration | Live demo environment; investor-ready materials; CER briefing scheduled | Planned |
Section 9 — Capital Strategy
Funding Targets
The PoC phase requires capital to deploy blockchain infrastructure, instrument Gold Coast sites, and build the regulatory submission package. The following funding pathways are being pursued in parallel.
Government
ARENA — Australian Renewable Energy Agency
Targeting ARENA's Deployment Funding pathway for innovative renewable energy projects with commercial merit. UltraHub's primary-renewable architecture aligns with ARENA's focus on grid-scale displacement technology.
Government
State Innovation Funds
QLD Innovation Fund and VIC State Government clean energy grants. Gold Coast PoC site qualifies as a regionally significant renewable infrastructure pilot.
Corporate
Corporate EV Fleet Partnerships
Fleet operators (logistics, ride-share, government fleet) contribute to infrastructure deployment in exchange for preferential GAC pricing and branded sustainability reporting. First-mover EV fleet partners co-fund site build.
Government
CEFC — Clean Energy Finance Corporation
CEFC's Debt Finance facility for renewable energy infrastructure with revenue model. The $1.1M+ ACCU revenue projection supports debt serviceability analysis for infrastructure loan funding.
Investors
Private Impact Investors
Carbon-focused family offices and impact investors. GAC tokenisation enables novel fractional ownership structure — investors hold GAC inventory which appreciates with ACCU market prices.
Carbon Markets
Forward ACCU Sale
Pre-sell a portion of Year 1 ACCU production at a discount to current spot price to anchor operational capital. Forward contracts de-risk the PoC phase and provide verifiable commercial commitment to CER.
Ready to Review
27,880 Tonnes.
Science-backed. ERF-ready.
This PoC document is prepared for submission to the Clean Energy Regulator, ARENA, and CEFC.
All calculations reference CER-approved methodology inputs. Full data room available under NDA.