Energy Accounting System

Abstract

The present invention relates to managing and certifying energy transactions in an energy accounting system. The present invention provides a framework for receiving energies, organizing, and accounting energy-related transactions of the received energies through a general ledger and a chart of accounts. The present invention further enables tracking of the received energies through cryptographic certificates that are further convertible into exchangeable cryptographic artifacts for trading the energies. The present invention provides an ontology engine that normalizes energy-associated terminology to enable compliance with standardized terminology. A reporting manager generates detailed reports, for example, reports for Sustainable Development Goals (SDG) compliance, carbon net-zero assessments, and other sustainability metrics.

CPC Classifications