Greenpower accredited renewable energy pilot for businesses
The National GreenPower Accreditation Program (GreenPower) has launched the Corporate Direct pilot for large organisations to trial easy and direct access to accredited renewable energy.
Tim Stock, Chair of the GreenPower Steering Group said this product pilot makes renewable energy accreditation simpler, cheaper and more transparent for large energy users including corporations, councils and high energy users like large manufacturers.
"Large energy users have asked for a GreenPower product that they can manage themselves and that reflects that many corporates are directly buying renewable energy from solar and wind farms," Mr Stock said.
GreenPower Corporate Direct enables participants to directly surrender renewable energy certificates through GreenPower, making government-accredited renewable energy more attractive than ever for organisations that are using large amounts of renewable energy.
"GreenPower will publish the origin of renewable energy purchases surrendered through Corporate Direct and include them in its rigorous auditing process.
"This provides an additional level of transparency and builds trust in Australian businesses' renewable energy commitments.
"Corporate Direct is an attractive option for big users that want to support the transition to a clean and affordable electricity system in Australia. It integrates well with international frameworks like the Paris Agreement", Mr Stock said.
Businesses are increasingly committing to reducing the emissions from their operations to achieve net-zero emissions as soon as possible in alignment with the Paris Agreement.
Large energy users are sourcing renewable energy and renewable energy certificates directly from energy generators or certificate wholesale markets. To claim that the energy used is renewable, these must be retired from the market, avoiding double counting.
GreenPower is recognised nationally and internationally as net-zero renewable energy by organisations such as NABERS, B Corp, RE100 and ClimateActive.
GreenPower is Australia's principle voluntary renewable energy program that provides accreditation and auditing of renewable energy purchases. Corporate Direct will be available as a pilot until December 2022, becoming available permanently subject to demand. More information can be found at GreenPower Corporate Direct