LGCs as a pathway to sustainability for commercial energy buyers

LGCs as a pathway to sustainability for commercial energy buyers

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If you’re an Australian commercial energy buyer, no doubt you’re getting serious about your sustainability objectives, be it net-zero, 100% renewables or similar, by a date in the not-too-distant future (and if not, you should be!). We work with a lot of organisations in this space, and while the conversation often starts around opportunities for power purchase agreements (PPA), there are a lot of options to meet these objectives, including directly procuring LGCs. How does this work? Let’s go through it. LGCs can be purchased to offset a business’s direct carbon emissions, or scope 2 emissions. They can also be used to offset downstream or supply-chain electricity consumption, or scope 3 emissions. For example, transport, travel or in the case of a local council – streetlights. Read more: https://www.renewableenergyhub.com.au/news/20-11-2020
Renewable Energy HubRenewable Energy Hub is an independent renewable energy procurement specialist for large Australian commercial, industrial, and government energy buyers. We are the consulting arm of TFS Australia, the leading broker of wholesale energy and environmental market products in Australia for almost two decades - part of the global Tradition located in 29 countries worldwide.  Backed by ARENA, we offer unparalleled energy market expertise and extensive services across renewable energy market scoping, project evaluation and procurement. Our team combines expert knowledge of the wholesale and retail energy markets with in-depth renewable energy development and project finance experience.   Our services include energy procurement, market advisory and consulting, acquisition and project finance.    We work closely with our customers to provide solutions to the complexities of renewable energy sourcing through power purchase agreements (PPA), retail electricity arrangements and Renewable Energy Certificate procurement.   

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