How can Corporates achieve sustainability?
Many organizations are actively committing to combat climate change by incorporating renewables at the heart of their operations.
At Nvalue, we are determined to support you in this energy transition.
There are two primary ways for an organization to procure renewable energy:
- By installing production systems, often solar, directly on their sites.
- By choosing to purchase renewable energy from external sources.
Most organizations opt for off-site purchasing, using one of the two most common methods:
- Signing long-term contracts, better known as Power Purchase Agreements (PPAs)
- Acquiring unbundled Energy Attribute Certificates (EACs).
Both of these options are aligned with international carbon accounting standards, enabling organizations to meet their renewable energy usage goals.
Energy Attribute Certificates are referred to as “Guarantees of Origins” (GOs) in Europe or “Renewable Energy Certificates” (RECs) in the United States. They provide a legitimate and reliable framework for tracking and claiming renewable energy consumption. Holding an EAC generated by a renewable energy installation – wind, solar, or hydroelectric – grants the holder the right to claim the environmental benefits associated with that energy production. In the below graph, you can see the world map of EACs.
How do EACs help you meet your sustainable development goals?
Every Energy Attribute Certificate certifies that 1 MWh of energy has been produced by a specific renewable plant – in a given country, and injected into the grid.
EACs meet the Scope 2 requirements of the GHG Protocol. They are also recognized by the Carbon Disclosure Project (CDP) and the RE100 as valid tools for reporting renewable energy consumption.
Although the names associated with Energy Attribute Certificates (EACs) vary from country to country, their collective impact remains the same in promoting the use of renewable energies. The map below shows the EACs by country.
Make a lasting commitment to renewable energies with Nvalue
Nvalue is one of the leading suppliers of EACs worldwide. With over 16 years of experience with deep supply relationships, we deliver millions of certificates each year.
Our team of seasoned professionals is equipped to assist organizations of all sizes in achieving their Scope 2 emission reduction goals, whether through the acquisition of Guarantees of Origin (GO) in Europe, Renewable Energy Certificates (RECs) in North America, Renewable Energy Guarantees of Origin (REGO) in the United Kingdom, or International Renewable Energy Certificates (I-RECs) in other countries.
As a provider of turnkey solutions, we streamline the entire process for you. From acquisition to validation, including the required certification, cancellation, and documentation, ensuring a smooth and efficient experience. Reach out to discover how we can help you.