Introduction to the Green-e Renewable Energy Standard for Singapore

Center for Resource Solutions (CRS) just released the Green-e Renewable Energy Standard for Singapore, which details the requirements and standards for Green-e certification of renewable electricity sales and consumption in Singapore. The new standard defines eligible renewable resources, requirements for customer disclosure and transparency, and use of renewable energy tracking systems. With the release of this standard, large buyers and clean energy sellers in Singapore can apply for Green-e certification of their retail renewable electricity and energy attribute certificates (“EACs”). This country-specific standard is the first one launched outside North America.

This webinar walks through the key goals, requirements, and uses of the Standard.

It was held on Tue, Dec 12, 2017 at 9:00 AM–10:00 AM CET (4:00 PM SGT, Midnight PST, 3:00 AM EST)

Transcript

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2. Webinar Agenda 1. About Center for Resource Solutions and Green-e 2. Goals and Uses of the Standard 3. Standard Development 4. Standard Criteria 5. How to Get Involved
3. Center for Resource Solutions (CRS) creates policy and market solutions to advance sustainable energy. § Policy expertise § Expert assistance on tracking systems and electricity markets § Renewable energy and carbon offset certification § Education and white papers § Annual Renewable Energy Markets Conference https://resource-solutions.org/
4. Certification Programs
5. What is Green-e Energy Certification? Consumer protection, quality criteria, ecolabel for voluntary RE sales and consumption § Program participants are sellers and buyers of RE § Certification standard for transactions and use § Code of Conduct for marketing and claims § Annual verification of sales / use and marketing
6. Green-e is Not… § An environmental attribute certificate (EAC) § EACs are contractual tradable instruments to track the generation and use of renewable electricity § Called RECs or GOs in some markets § An EAC tracking system § A carbon offset § A generator certification § Green-e does have generator eligibility rules § A renewable energy / EAC buyer, seller or broker
7. Why Voluntary Purchasing? § Use renewable electricity in place of traditional sources § Use your money to support your values § Save money with some purchase types § Corporate reporting / commitments § Scope 2 GHG emissions § Qualify for other programs like LEED, Cradle-to-Cradle
8. Why Green-e Certification? Reduce risk and provide purchasing assurances § Enable and accelerate RE use, market growth § Standards for quality and impact § Verification of RE sales and claims § Consumer disclosure, marketing and sales review § Support for multiple purchasing types (electricity programs; EACs; PPAs; on-site…) § Market confidence for long-term growth
9. Green-e Certified Sales by Customer Type – Canada / US
10. Retail Customers Purchasing Green-e Certified – Canada / US
11. § Demand from large commercial customers that area also purchasing in other countries § Electricity market restructuring to finish in late 2018 § No RPS / FIT, but the Government would like to see 1GW of solar after 2020, voluntary market can help Global purchasing and recognition programs § Opens opportunities elsewhere in Asia as well § Other standards / programs exist that could use Green- e criteria and verification for their RE points Why Singapore?
12. § Social: Consumers can make an informed choice, feel empowered, gain trust in green purchasing and ecolabels, seek other green products. § Environmental: New capacity to meet voluntary demand, leading to fewer power plant emissions § Economic: Electricity sector seen as more stable and attracts more investment Goals for Singapore Certification
13. § Rules for certified sales and use of renewables § REC sellers, electricity retailers, self-use § Likely large self-use customers initially § All contestable customers could buy certified § Procurement through PPAs, on-site, short- or long-term contracts Use of the Standard
14. Green-e Framework for Renewable Energy Certification Canada / U.S. Standard Standard for Singapore Future Regional Standards
15. § Consultation with group of local experts / orgs § Staff research and outreach, needs assessment § Experience in North America and CRS policy work § Two stakeholder consultation periods, resulting in revisions and further outreach § Green-e Governance Board: independent review and final vote Standard Development
16. § New Date – 2014; moves to 15 years eventually § Vintage – 21-month period or less § Resource types – solar, wind geothermal only § Generated and used in Singapore § May be interest in regional standard and/or imports from outside at some point Standard Criteria
17. § No double counting or double claiming § Not counted toward certain RE / carbon support policies § SolarNova program § Use approved tracking system § Two are under review against the Framework Standard Criteria
18. § Provides premium quality assurance for RE use § Distinguish RE use from others’ § Represents international best practice and local stakeholder needs § Counts towards Scope 2, CDP, RE100 reporting § Supports developing market Benefits of Certification in Singapore
19. • Review the Standard for Singapore • Code of Conduct under development • Open to input based on experiences with Can/US Code • Contact me with questions about the Standard • Contact Chip Wood with questions about participation, contracts, etc. How to Get Involved
20. www.green-e.org/Singapore Standard: alex.pennock@resource-solutions.org Participation: chip.wood@resource-solutions.org Learn More