- Power and Renewable Energy Certificate (REC) price hedge
Power markets can be extremely volatile and companies can insulate themselves against market risk exposure. As demand for Renewable Energy attributes increases and supply remains constrained, businesses are increasingly looking to lock-in longer term certificate purchases to avoid sharp prices rises in the future.
- Cost and climate risk reduction
Renewable Energy solutions can help you to meet the requirements of increasing environmental regulation and reporting, as well as protect against increasing fossil fuel prices and carbon taxes. PPAs can for example offer a long-term price stability which is good for planning and investment.
- Sustainability/additionality claims
As well as reducing your carbon emissions, Renewable Energy solutions have environmental and social benefits. Stakeholders increasing want to see that the power you source is ‘green’, and specifically, adding new green electrons to the grid.
- Brand appeal and climate leadership
Consumers and other stakeholders are increasingly demanding climate action. With Renewable Energy solutions, you can signal your sustainability leadership among your peers and among leading businesses from other sectors. A defined strategy for renewable energy will ultimately make your brand more appealing and support the future viable sustainable growth of your business.
- Make strides towards your net zero ambition
Greening your energy is key to reducing your CO2 emissions. Whether through green tariffs, RECs, or Corporate Power Purchase Agreements (PPAs), making energy your priority focus now will pay dividends in the long-term and help drive the transition to a low-carbon future. A strategy for Renewable Energy is critical to your company’s net zero ambition.
Click here to kickstart your renewable energy journey today.
