Scope-2 Market-Based, Eac, I-Rec,Ppas,Re100,Energy Exchange.

All you need to know about contractual instruments for buying solar/RE power, understanding i-REC and RE100.

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.

Requirements

The learner should have understanding of concept of carbon accounting, organization and operational boundaries, IPCC, UNFCCC and requirement of calculating carbon footprints.

My first course on decoding GHG emissions for beginners covers them all. Learners may opt to complete that first and then coming to this course.

Description

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.

Overview

Section 1: Introduction

Lecture 1 Introduction: revisiting location & market based.

Lecture 2 Reference of GHG Protocol guidance standard.

Section 2: Energy Attribute Certificates.

Lecture 3 What are EACs(Energy Attribute Certificates)? Bundled vs Unbundled Electricity.

Lecture 4 What is called a physical power purchase agreement and open access power?

Lecture 5 What does wheeling, banking, cross subsidy charges and group captive power mean?

Lecture 6 All about REC, i-REC, GO, TIGR, energy exchange.

Section 3: Implementation

Lecture 7 Calculation of market-based electricity using case of net metering and self gen.

Lecture 8 Calculation of market-based by case of PPA and REC purchase.

Lecture 9 Quality criteria (vintage requirement) and mandatory GHG protocol asks.

Lecture 10 vPPA: Virtual Power Purchase Agreement and RE100 critieria.

Lecture 11 How i-REC certificate looks like?

Lecture 12 Common FAQs to understand.

Lecture 13 Final conclusion and take-aways.

This course is tailored for early-career professionals, accountants, consultants, and sustainability practitioners, equipping them with the skills to procure renewable energy from market, either via PPA or via energy trading platforms.