Exploring the Future of Canada’s EV Market 

SRECTrade recently participated in the EV Charging Expo held in Toronto, showcasing the dynamic strides being made in the electric vehicle (EV) sector across Canada. The event was a unique opportunity to connect with industry leaders, engage in thought-provoking discussions, and explore innovative solutions that are shaping the future of sustainable transportation. 

Building Strong Connections 

Our team had the privilege of meeting with several of our key clients, deepening existing partnerships and exploring new avenues for collaboration. The positive sentiment surrounding Canada’s EV market was palpable, bolstered by a stable political environment under the current liberal government. These conversations reaffirmed that the drive toward cleaner energy and electrification is gaining significant momentum in Canada. 

Unlocking Value in EV Charging 

Through insightful discussions, we delved into how EV Charging infrastructure can deliver greater value for stakeholders. Specifically, we explored opportunities provided by the Canadian Clean Fuel Regulation and British Columbia’s Low Carbon Fuel Standard, both of which promise to incentivize cleaner energy solutions while supporting the growth of EV adoption. These frameworks offer exciting possibilities for customers to maximize the impact of their charging stations and contribute to Canada’s environmental goals. 

Learning from Industry Leaders 

Our representatives, Janet, Patrick, and Gustavo, attended a variety of industry-specific presentations that highlighted how fleets are deploying EV Charging solutions across Canada. The sessions provided valuable insights into the challenges and successes of electrification, offering actionable ideas and strategies that could be applied to our own operations and partnerships. 

Looking Ahead 

The EV Charging Expo in Toronto was a remarkable event that underscored the innovation, enthusiasm, and commitment driving the transition to cleaner transportation in Canada. As we continue to support our clients and expand our presence in the EV market, we are excited to bring the insights gained from this event into our work. Together, we can drive forward the vision of a sustainable and electrified future. 

Stay tuned for more updates as we continue to explore opportunities within the EV Charging landscape and beyond! 

What You Need to Know About the Latest Developments

The California Air Resources Board (CARB) has taken a significant step forward in its pursuit of clean energy and sustainability by resubmitting the Low Carbon Fuel Standard (LCFS) Proposed Amendments to the Office of Administrative Law (OAL) on May 16th. This move sets the stage for potential changes that could impact a variety of stakeholders, from industry professionals to environmental advocates.

The Timeline

The OAL now has until June 27th to make a final determination on the resubmitted LCFS-rulemaking package. CARB has made a special request to accelerate the implementation timeline to July 1st. This urgency highlights the importance CARB places on advancing its agenda to reduce carbon emissions.

Key Implications

If the amendments are approved, they will bring several notable changes, including adjustments aimed at stabilizing credit prices in the LCFS market. However, this expedited timeline also means that other notable changes, such as the reduction in the Energy Efficiency Ratio (EER) for forklifts, may come into effect sooner than some stakeholders anticipated.

For those closely watching this process, the stakes are high. An approval from OAL would pave the way for these amendments to be enacted, potentially invigorating the clean energy market. On the other hand, a rejection would deal a significant blow to the momentum CARB has built around this initiative.

What This Means for You

As we await OAL’s decision, it’s essential for stakeholders to remain prepared for either outcome. The pending rulemaking represents a pivotal moment in California’s push for a greener future, and its implications will likely ripple across industries and markets. If enacted, these amendments could serve as a catalyst for innovation and progress in the fight against climate change.

At the end of the day, the fate of these amendments is still uncertain. We’ll continue to monitor the situation closely and keep you updated on any developments as they unfold.

Stay Connected

For more updates on this and other sustainability initiatives, be sure to follow our blog and subscribe to our newsletter. Together, we can navigate these changes and contribute to a cleaner, more sustainable future.

Review updates on the CARB Website

Highlights from Our Team’s Experience at the Advanced Clean Transportation Conference in Anaheim

The Advanced Clean Transportation (ACT) Expo in Anaheim has once again proven to be a keystone event for the clean transportation industry. This year, our team—Patrick, Gustavo, and Nuru—had the privilege of attending the conference and experiencing firsthand the innovations and momentum shaping the future of sustainable fleets.

A Gathering of Industry Leaders

The ACT Expo brought together thousands of attendees, encompassing a diverse range of stakeholders, including fleet operators, equipment manufacturers, software developers, and regulators. The sheer scale of the conference was a testament to the growing commitment across industries to advance clean transportation solutions.

Game-Changing Innovations on Display

One of the highlights of the event was the showcase of cutting-edge technologies and equipment. Among the standout exhibits was the latest offering from Volvo, which showcased its commitment to sustainable fleet innovation. The emphasis on semis and long-haul trucking underscored the critical role these vehicles play in transforming the transportation and logistics sectors.

Real-World Insights from Active Fleets

What set this year’s ACT Expo apart was the active participation of fleet operators who shared practical insights from real-world scenarios. These presentations offered a deep dive into the successes and challenges they’ve faced, providing invaluable lessons for others in the industry. It was an inspiring reminder of the importance of collaboration and knowledge-sharing to drive progress.

The Road Ahead

The sentiment at the conference was clear: the clean transportation industry is in it for the long haul—both figuratively and literally. With technology and fuel solutions readily available, and total cost of ownership reaching price parity with traditional options, the time for widespread adoption is now. The ACT Expo served as a vital platform for spreading awareness and ensuring that stakeholders have the information they need to take decisive action.

Our team left the ACT Expo with a renewed sense of purpose and a wealth of knowledge to share. Events like this underscore the importance of coming together as an industry to accelerate the transition to a cleaner, more sustainable transportation future. Stay tuned for more updates as we continue to apply these insights to our work!

On April 4^th, California Air Resources Board (CARB) published the latest revisions to the proposed amendments to the Low Carbon Fuel Standard (LCFS). These changes are required after the Office of Administrative Law (OAL) rejected the latest submission from CARB of the updated regulation.

Timeline and Process

CARB was required to revise the language in the proposed LCFS amendments due to a lack of clarity on how certain updates would be implemented. The revisions were published on April 4th, 2021, well ahead of the deadline, demonstrating CARB’s commitment to completing the amendment process efficiently. Public comments on the proposed changes are due by April 21^st

Once public comments are received, CARB will prepare a response and submit the revised amendments to the Office of Administrative Law (OAL) for consideration. The OAL has 30 days to review and either adopt or reject the amendments, focusing solely on the technical clarity of the language, not the issues or political viewpoints regarding the LCFS

CARB has not yet made a statement on when the proposed changes, specifically the amended Carbon Intensity (CI) targets, will go into effect. If the OAL approves the amendments, the new CI score could be applied to 2025 credits and deficits.

Key Changes in the Updated Proposed Amendments

1. OEMs and Base Credits: CARB has removed the proposal for the Executive Officer to direct a portion of base credits to Original Equipment Manufacturers (OEMs) following a specified regulatory trigger. Instead, base credits will be allocated to Electrical Distribution Utilities (EDUs), with a portion of these credit proceeds allocated to a Clean Fuel Reward to increase grants for Medium-Duty Vehicles (MDVs) and Heavy-Duty Vehicles (HDVs)
2. EV Usage Metering: The metering of electric vehicle (EV) usage must meet 5% accuracy and show that calibration specifications are being followed. If there are no calibration specs from the manufacturer, the credit generator must develop reasonable methods for proving accuracy in their monitoring plan, which will be used by the third-party verifier during the verification process. This requirement affects all EV chargers and forklift meters, with verification requirements for electricity starting in 2026
3. Hydrogen Refueling Infrastructure: Several beneficial revisions have been made to the hydrogen refueling infrastructure crediting, including removing a cost cap and changing the formula for calculating infrastructure credits

Additional Details

Metering for Forklifts: No change in the latest update. California will require metering for all material handling equipment, including forklifts, starting on January 1st, 2026. This requirement ensures that actual energy usage is accurately measured and reported.

Verification Requirements: No change in the latest update. Verification of metering accuracy will be required for all EV chargers and forklift meters. This involves third-party verification to ensure compliance with the specified accuracy standard.

Change to Credit Ownership for Transport Refrigeration Units (eTRUs): No change in the latest update. The right to generate credits for charging eTRUs has changed so that the owner of the facility where the eTRU charger is located can claim the credits.

Multi-Family Rules for EV Chargers: No change in the latest update. Commercial EV Charger owners at multi-family housing units will now be able to claim credits for their charging. For the owner of the EV Charger to claim the LCFS credits, the EV chargers at the multi-family residence cannot be limited to serving dedicated or reserved parking spaces.

Useful Links

• Rulemaking website
• Notice of most recent revision and summary of modifications:  

Please feel free to reach out to SRECTrade with any questions you have on the updates to the LCFS.

Understanding the Requirements and Solutions 

As the demand for measuring energy consumption increases, particularly with the need to participate in the California Low Carbon Fuel Standard (LCFS), it has become imperative to explore advanced metering solutions. This blog post delves into the intricacies of AC metering for forklifts, offering insights into compliance and best practices. 

Why AC Metering Matters 

Forklift chargers primarily rely on three-phase power, which necessitates accurate measurement of energy consumption. To achieve this, a current transformer is required for each phase to monitor the current effectively. This precision is crucial for adhering to regulatory requirements and optimizing energy usage. 

Types of Meters and Their Capabilities 

The market offers a variety of meters, each with distinct capabilities: 

• Multi-Item Meters: Meters like the eGauge can handle the metering of multiple items through a single device, making them ideal for comprehensive energy monitoring. 

• Single-Item Meters: Other meters, such as the EKM, are designed to meter one item per device, providing focused and precise measurements. 

Voltage References

For each deployed meter, it’s required to have voltage references to measure the voltage accurately and power the meter. This step ensures the reliability and consistency of the data collected, which is crucial for making informed decisions about energy management. 

Optimizing Metering Solutions 

The most efficient metering strategy involves metering multiple forklift chargers at a single point: 

• Single Point Metering: If an electrical panel serves multiple forklifts exclusively, it’s possible to meter at a single point within the panel. This approach simplifies the process and reduces costs. 

• Branch Circuit Metering: When other items share the electrical panel with forklift chargers, each branch circuit with a charger must be metered individually. While this method provides detailed data, it can be more expensive. 

Cost Considerations 

Individually metering each forklift charger can become prohibitively expensive. Therefore, assessing the specific needs and configuration of your facility is crucial in choosing the most cost-effective metering solution. 

Turn-Key Metering Solutions 

For those seeking bespoke solutions, Anvil Monitor offers comprehensive services to deploy custom AC metering systems. Their expertise ensures that your metering setup is tailored to your unique requirements, providing accurate and reliable data. 

Next Steps

Reach out to your account executive at SRECTrade to learn more about how to implement effective AC metering solutions for your forklifts and stay compliant with the LCFS requirements. 

The timeline below will help you prepare for these upcoming changes: 

SREC Forklift Metering Customer Timeline:  

• Q1 – 2025: Review metering options for your specific fleet  

• Q2 – 2025: Install pilot project and/or make technology decision  

• Q3 – 2025: Purchase and install metering solution   

• Q4 – 2025: Ensure metering is reporting accurately and operating as expected 

Please reach out to your SRECTrade account executive with any questions.   

Simple Forklift Charging Monitoring with Real-time Analytics and Easy Installation 

Are you looking for the most cost-effective way to monetize your forklift charging while contributing to clean energy initiatives? Anvil Monitor’s Remote Energy Monitors (REM) offer the perfect solution. By leveraging cutting-edge technology, Anvil Monitor enables businesses to track, report, and capitalize on energy usage from electric forklift charging, unlocking new revenue opportunities through clean fuel program incentives. 

Anvil Monitor 

At Anvil Monitor, their mission is to deliver advanced monitoring solutions that track energy usage from forklift charging, enabling participation in clean fuel programs. Anvil’s REM technology allows companies to monitor and report electric forklift energy usage effortlessly, unlocking new revenue streams through incentives offered by clean fuel programs. 

Eligible Markets 

Anvil Monitor’s REM technology can benefit businesses across various regions with clean fuel programs, including: 

• California: Low Carbon Fuel Standard (LCFS) 

• Oregon: Clean Fuels Program (CFP) 

• Washington: Clean Fuel Standard (CFS) 

• Canada: Clean Fuel Regulation (CFR) 

REM Highlights 

Anvil Remote Energy Monitors offer several key features that make them indispensable for businesses aiming to optimize their energy usage and participate in clean fuel programs: 

• Seamless Installation: Quick and simple installation of Anvil REMs ensures minimal disruption to your operations. 

• Real-time Analytics: Monitor energy usage in real-time and report it for clean fuel programs with ease. 

• Live Cloud Platform: Access your data anywhere through our intuitive web-based dashboard. 

• Warranty: A one-year manufacturer warranty from the date of delivery ensures peace of mind. 

Technical Specifications 

Anvil’s REM technology is designed to track the energy (in kWh) used by each registered electric vehicle from the DC side of the forklift charger. Here are the key technical specifications: 

• Wi-Fi: 802.11b/g/n 

• Range: up to 200 meters (CLOS) 

• Sensing & Operating Voltage: 10-80+VDC 

• Current Sensing Range: 400A 

• Size: L 3.64in x W 2.36in x H 1.10in (similar to the size of a deck of cards) 

Timeline for Implementation 

To ensure a smooth transition and optimal results, we provide a detailed implementation timeline: 

• Q2-2025: Implement a pilot project to verify energy consumption and test the product if necessary 

• Q3-2025: Order and install REMs 

• Q4-2025: Verify REMs are operational and troubleshoot as needed 

• Q1-2026: Report energy usage and earn revenue! 

Deadline to have monitoring installed: January 1, 2026 

Next Steps 

Anvil Monitor’s REM technology is poised to revolutionize forklift charging, offering businesses a seamless solution to monitor energy usage and participate in clean fuel programs. By implementing REMs, companies can unlock new revenue opportunities while contributing to a cleaner, more sustainable future. 

Stay tuned for more updates and ensure your company is ready for the upcoming changes in clean fuel regulations. Reach out to us at sales@anvilmonitor.com and visit their website at www.anvilmonitor.com for more information. 

How Technological Advancements Can Ease Compliance 

The California Low Carbon Fuel Standard (LCFS) program aims to reduce greenhouse gas emissions, and to continue benefiting from forklifts, businesses must now monitor their energy usage. Forklift fleets, a crucial part of many industries, can benefit significantly from smart charging solutions to meet these requirements. 

Advantages of Smart Batteries and Chargers 

Smart batteries and chargers offer a range of benefits, including energy monitoring, efficiency, and remote data reporting. With technological advancements, upgrading to these new batteries and chargers can provide accurate energy usage data, essential for compliance with LCFS. 

Efficiency and Data Reporting 

Modern smart chargers, such as ECOTec, are designed to be more efficient than traditional chargers. They offer options to push data to the cloud, allowing remote monitoring of energy consumption. This feature is particularly useful for businesses aiming to keep LCFS dollars flowing. 

Upgrading Your Equipment 

While upgrading to new equipment can be costly, it is a worthwhile investment for businesses planning to enhance their fleets. Smart chargers and lithium batteries provide a robust solution for both efficient charging and comprehensive energy usage reporting. By connecting these devices to the internet, businesses can easily pull and analyze energy data. 

Telematics for Forklifts 

If you’re already considering telematics for your fleet, then it offers a practical solution for tracking energy usage. Some technology allows for real-time monitoring and reporting, ensuring that businesses can comply with LCFS requirements without significant financial investment. 

Next Steps 

Smart charging solutions, whether through new batteries or chargers or telematics, provide an effective way to meet the California LCFS program’s energy monitoring requirements. By adopting these technologies, businesses can ensure they continue to benefit from the program while contributing to the reduction of greenhouse gas emissions. 

The timeline below will help you prepare for these upcoming changes: 

SREC Forklift Metering Customer Timeline:  

• Q1 – 2025: Review metering options for your specific fleet  

• Q2 – 2025: Install pilot project and/or make technology decision  

• Q3 – 2025: Purchase and install metering solution   

• Q4 – 2025: Ensure metering is reporting accurately and operating as expected 

Consider upgrading your fleet or integrating smart technology to keep your LCFS dollars flowing. Please reach out to your SRECTrade account executive with any questions.  

Introduction: The California Air Resources Board (CARB) has recently issued a notice regarding the disapproval of amendments to the Low Carbon Fuel Standard (LCFS) Regulation by the Office of Administrative Law (OAL). This decision has significant implications for market participants and the public. In this blog post, we will provide an overview of the notice, its impact on the market, and the next steps for CARB.

Overview of the Notice: On February 18, 2025, the OAL disapproved the amendments to the LCFS Regulation that CARB had approved for adoption at a hearing on November 8, 2024[1]. The OAL identified inconsistencies with the clarity standard in Government Code section 11349(c) as the reason for the disapproval[1]. CARB plans to address these concerns and resubmit the amendments within 120 days[1].

Impact on the Market: The disapproval of the LCFS amendments has already had a noticeable impact on the market. According to recent reports, the market experienced a significant drop, with prices falling by $17. This decline reflects the uncertainty and potential challenges that market participants may face as CARB works to address the issues raised by the OAL.

Next Steps for CARB:CARB will continue to implement the current version of the LCFS Regulation, which has been in effect since July 2020, while addressing the concerns raised by the OAL[1]. CARB staff plan to rewrite and resubmit the amendments, incorporating any necessary grammatical and non-substantial changes[1]. Any substantive modifications will be released for public comment, ensuring transparency and stakeholder engagement throughout the process[1].

Conclusion: The recent notice from CARB highlights the ongoing efforts to refine and improve the LCFS Regulation. While the disapproval of the amendments presents challenges, it also provides an opportunity for CARB to address concerns and strengthen the regulation. We will continue to monitor the situation and provide updates as more information becomes available. It is unclear at this point if it will effect the implementation for the 2025 CI Changes.

Call to Action: If you have any questions or need assistance, please feel free to contact our team at SRECTrade.

References

[1] Information Regarding Low Carbon Fuel Standard Regulation Updates