Master program · Risk, Controls & Surveillance

Issue the attribute. Track the claim. Retire it credibly.

Master energy attribute markets end to end: RECs, Guarantees of Origin and I-RECs, issuance and registry operations, tracking and transfer, matching and cancellation, hourly versus annual claims, corporate PPAs and the trading and control questions that decide whether a green claim survives audit.

REC · GO · I-REC · Registries · Matching · Retirement · Claims & assurance

Enquire about this programme See the 130 chapters

130 chapters · 12 modules · Python + SQL labs · one continuous case · end-to-end capstone

How it is built

Cumulative, not modular

Chapter 130 should be impossible to complete properly without the artefacts built in the chapters before it. The programme follows one continuous fictional firm, NorthStar Energy Trading, so relationships between trades, positions, agreements, exposures and decisions accumulate rather than reset.

The learning chain

Generation → Issuance → Registry → Transfer → Trading → Matching → Cancellation → Claim → Disclosure → Assurance

The technical build

Generation register → Issuance model → Registry ledger → Transfer engine → Matching engine → Retirement tracker → Claim calculator → Attribute platform

NorthStar Energy Trading is a fictional firm created for teaching. It does not describe any real company, person or investigation.

Curriculum

12 modules · 130 chapters

M0 Energy Attribute Market Primer Ch 1–8 · 8 chapters

Establish the mental model

What an Energy Attribute Trading Desk Actually Does
Why Electricity Needs Attribute Certificates
Energy vs Environmental Attribute
REC vs GO vs I-REC(E)
Bundled vs Unbundled Certificates
Compliance vs Voluntary Markets
Certificate Lifecycle
NorthStar Renewable Attributes Operating Model

M1 Certificate Fundamentals & Attribute Data Ch 9–20 · 12 chapters

Understand exactly what is being traded

The 1 MWh Certificate Unit
Generation Technology Attribute
Production Device
Generation Vintage
Facility Vintage
Geographic Attribute
Ownership and Attribute Rights
Certificate Serial Numbers
Certificate Status
Expiry and Validity
Renewable Attributes vs Carbon Offsets
NorthStar Certificate Golden Record

M2 European Guarantees of Origin & EECS Ch 21–34 · 14 chapters

Build European GO expertise

European Guarantee of Origin Architecture
Renewable Energy Directive Article 19
Association of Issuing Bodies
EECS Rules
GO Production Device Registration
Metering and Issuance
GO Transfer
Cross-Border GO Transfer
GO Cancellation
GO Expiry
Residual Mix
European GO Pricing
GO Trading Case
NorthStar European GO Engine

M3 U.S. Renewable Energy Certificate Markets Ch 35–48 · 14 chapters

Separate voluntary RECs from compliance instruments

U.S. REC Market Architecture
Renewable Portfolio Standards
Voluntary REC Markets
REC Eligibility
REC Tracking Systems
REC Issuance
REC Transfer
REC Retirement
Solar Renewable Energy Certificates
Compliance REC Pricing
Voluntary REC Pricing
Bundled PPA RECs
Unbundled REC Trading
NorthStar U.S. REC Portfolio

M4 I-REC(E) & International Attribute Markets Ch 49–60 · 12 chapters

Operate beyond Europe and North America

International Attribute Tracking Architecture
I-TRACK Foundation
I-REC(E) Product Code
Local Issuers
Production Device Registration
I-REC(E) Issuance
I-REC(E) Transfer
Redemption
Country and Market Boundaries
International Certificate Pricing
Multi-Country Corporate Procurement
NorthStar International EAC Engine

M5 Registry Operations & Certificate Lifecycle Ch 61–74 · 14 chapters

Run the operational engine behind trading

Why Registry Operations Matter
Registry Account Structure
Certificate Issuance Workflow
Transfer Workflow
Cancellation, Retirement and Redemption Terminology
Inventory Position
Certificate Reservation
Registry Settlement
Certificate Reconciliation
Expiry Management
Registry Access Controls
Operational Incident Management
Evidence Pack
NorthStar Registry Operations Platform

M6 Certificate Trading, Pricing & Portfolio Management Ch 75–88 · 14 chapters

Move from operations into actual trading

Certificate Trading Market Structure
Certificate Trade Capture
Spot Certificate Trading
Forward Certificate Trading
Bid/Offer and Market Liquidity
Vintage Spreads
Technology Spreads
Geographic Spreads
Project-Specific Premiums
Certificate Forward Curves
Certificate Mark-to-Market
Portfolio Netting
Trading P&L Explain
NorthStar EAC Trading Book

M7 Corporate Procurement, Matching & Renewable Claims Ch 89–102 · 14 chapters

Connect trading inventory to actual consumer claims

Corporate Renewable Electricity Procurement
Consumption Data
Annual Matching
Vintage Matching
Geographic Matching
Technology Requirements
Retirement on Behalf of Customers
Renewable Electricity Claims
Double Counting
Residual Mix and Unclaimed Electricity
GHG Protocol Scope 2
Scope 2 Quality Criteria
Corporate Claims Evidence Pack
NorthStar Corporate Matching Engine

M8 PPAs, Green Tariffs & Advanced Matching Ch 103–112 · 10 chapters

Move beyond annual unbundled certificates

Certificates in PPAs
PPA Attribute Delivery
Green Tariffs and Supplier Products
Portfolio Procurement
Hourly Energy Attribute Data
24/7 Matching Fundamentals
Hourly Matching Algorithm
Storage and Temporal Shifting
Granular Certificate Portfolio Optimization
NorthStar 24/7 Pilot

M9 Market Risk, Operational Risk & Controls Ch 113–120 · 8 chapters

Control an attribute trading business

Certificate Market Risk
Volume Risk
Eligibility Risk
Registry Settlement Risk
Counterparty Risk
Fraud & Duplicate Claim Controls
Expiry and Inventory Risk
NorthStar EAC Control Framework

M10 ETRM, Data & Certificate Technology Ch 121–126 · 6 chapters

Industrialize the business

EAC Canonical Data Model
ETRM Certificate Trade Capture
Registry Integration
Position & Inventory Engine
Pricing & Matching Services
Building the NorthStar EAC Platform

M11 NorthStar Renewable Attributes Crisis Capstone Ch 127–130 · 4 chapters

Trade, deliver and defend a global renewable portfolio

The Global Procurement Mandate
Trading & Registry Problems Emerge
Reoptimize the Portfolio
Renewable Attributes Committee Defence

How it is delivered

Three ways to take Renewable Energy Certificates, Guarantees of Origin & Energy Attribute Trading

Self-paced is a document-and-media programme with lifetime access - no live sessions. Cohort and enterprise add live instructor-led training. Mentorship is not offered in any tier.
Feature	Self-paced	Cohort	Enterprise
Format	Written chapters, video explainers and podcasts	Everything in self-paced, plus scheduled live sessions	Everything in cohort, delivered privately to your team
Live sessions	None	Scheduled, instructor-led	Scheduled, instructor-led, private
Mentorship	Not offered	Not offered	Not offered
Access	Lifetime	Lifetime	Lifetime for every enrolled seat
Pace	Entirely your own	Guided schedule with a peer group	Agreed with your desk
Tailoring	Fixed curriculum	Fixed curriculum	Sequenced to your markets, systems and governance
Best for	Individuals learning around a job	Individuals who want structure and deadlines	Desks building the same capability together

For individuals

Get the programme guide

The full chapter list, what each module covers, and how the tiers compare - sent to your inbox as a PDF.

For teams

Run this for my desk

Private delivery for your desk, sequenced to your markets and systems. Tell us the team and we will scope it.

Run this for my desk

Bring this to your team

Download the full curriculum, or talk to us about running it for a desk or a control function.

See the whole track