All you need to know about contractual instruments for buying solar/RE power, understanding i-REC and RE100.
Unlock Scope 2 emissions accounting jargon with our comprehensive video lecture series, designed for sustainability professionals, ESG analysts, and corporate sustainability/energy managers. This course delves into the market-based approach to Scope 2 emissions, focusing on key instruments like Energy Attribute Certificates (EACs), International Renewable Energy Certificates (I-RECs), Power Purchase Agreements (PPAs-physical and virtual), RE100 criteria, and the role of Energy Exchanges in renewable energy purchases.
What you’ll learn
- Understanding what are Energy attribute certificates? For corporate sustainability professionals to identify right renewable procurement strategy for them..
- Understanding bundled vs unbundled electricity, REC(Renewable Energy Certificates), i-REC, Guarantees of Origin, Power Purchase Agreement, Open Access etc..
- Understanding mandatory requirements of GHG protocol as per Scope-2 guidance- for market based mechanism..
- Understand from case study, how to calculate the emissions in different cases?.
- Understand RE100 acceptance criteria for EAC (Energy attribute certificates)..
- Understand how energy trading works by example of Indian energy exchange..
- Enabling corporate companies to make decisions related to RE purchase, in-line with GHG programme like RE100, SBTi, CDP,etc..
Course Content
- Introduction –> 2 lectures • 16min.
- Energy Attribute Certificates. –> 4 lectures • 1hr 7min.
- Implementation –> 7 lectures • 1hr 8min.
Requirements
Unlock Scope 2 emissions accounting jargon with our comprehensive video lecture series, designed for sustainability professionals, ESG analysts, and corporate sustainability/energy managers. This course delves into the market-based approach to Scope 2 emissions, focusing on key instruments like Energy Attribute Certificates (EACs), International Renewable Energy Certificates (I-RECs), Power Purchase Agreements (PPAs-physical and virtual), RE100 criteria, and the role of Energy Exchanges in renewable energy purchases.
Key Learning Outcomes:
- Understand market-based and location-based Scope 2 accounting methods as per the GHG Protocol Scope 2 Guidance.
- Explore the applications of EACs, including RECs, GOs, and I-RECs, in verifying renewable energy claims.
- Learn how to use PPAs (physical, virtual), i-RECs/RECs/GOs/TIGRs to achieve RE100 and the Science-Based Targets initiative (SBTi) compliance.
- Understand Energy Exchanges and their impact on corporate renewable energy sourcing strategies.
- Helps corporate sustainability teams to enter into the correct type of RE instrument(bundled/unbundled) and align their scope-2 emissions with decarbonization.
- This course also talks about the existence of RECs at the global level.
- Equip yourself with the knowledge to enhance carbon accounting, ESG reporting, and sustainable energy procurement.
Who should take up this course:
This course is ideal for:
- Sustainability consultants, accountants, EHS professionals, auditors, corporate sustainability professionals looking to transition into corporate roles.
- Professionals transitioning into roles with ESG reporting and data gathering responsibilities.
- IT professionals building products on sustainability.