U.S. groups develop corporate guide for green power
WASHINGTON, DC, US, 2004-10-27
(Refocus Weekly)
Two government departments and two private organizations have released a ‘Guide to Purchasing Green Power.’
The document is intended for companies that are “considering the merits of
buying green power, as well as those that have decided to buy it and want help
doing so.” It was written for a broad audience of business, government and
academic organizations that want to diversify their energy supply and to reduce
the environmental impact of their electricity use, it explains.
The content was written as a cooperative effort of the Environmental Protection
Agency, Department of Energy, World Resources Institute, and Center for Resource
Solutions. It includes information about different types of green power
products, the benefits of green power purchasing, and how to capture the
benefits of green power purchasing.
It explains the differences between renewable electricity, green tag
certificates and on-site renewable generation. Among the benefits, a
“financial hedge against various risks, improving relations with
organizational stakeholders, helping the environment, and bolstering economic
development and security” are listed.
“Conversely, green power may be more expensive than traditional power and
present new contracting challenges,” it notes.
“Purchasers of electricity can have a significant impact on the way that power
is produced, both now and in the future,” it concludes. “Businesses,
governments, and non-profits have an unprecedented and increasing range of
options for buying green power” both in restructured and in regulated markets.
“Organizations that act in their own - and society's -best interests can take
advantage of the strategies outlined in this guidebook to help move the United
States toward a more sustainable energy future.”
“Because electricity from renewable resources is relatively new and may be
generated in a variety of ways, many institutions are working to facilitate the
development of green power markets,” it says. DOE’s Federal Energy
Management Program, EPA’s Green Power Partnership, WRI’s Sustainable
Enterprise Program and CRS’s Green-e Renewable Energy Certification Program
are four of them.
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