Solving A Maze Of Clean Energy Certificates?

Here's one of the most straightforward descriptions of renewable energy certificates I have read in a while: 

“When a renewable-power plant generates a unit of electricity today, a meter spits out data that gets logged in a spreadsheet. The spreadsheet is then sent to a registry provider, where the data gets entered into a new system and a certificate is created. A second set of intermediaries brokers deals between buyers and sellers of these certificates, and yet another party verifies the certificates after they are purchased.”

Sounds complicated? That's because the system IS incredibly complicated and requires lots of efforts from different parties. It’s also inefficient and prone to fraud.

A new system based on blockchain, suggests the author of this article, could perhaps replace our current approach to tracking the production of clean energy. 

What if networks of peers (electricity producers and consumers, connected via the electricity grid) could depend on shared sets of data? How many doors for innovation would that open? Would the new technology allow for future transactions among prosumers? Definitely a great read!