Perform, Achieve and Trade (PAT)

Perform, Achieve, and Trade (PAT) is an energy efficiency initiative where large energy-consuming companies are incentivized to reduce their energy use. Companies that exceed specified energy reduction targets can sell their excess savings as credits to other companies that fall short. This trading system encourages continuous improvement in energy efficiency, helping to lower overall energy consumption and reduce environmental impact. Essentially, PAT promotes a market-driven approach where firms are rewarded for conserving energy, fostering a culture of sustainable resource management within industries.