Utility Dive•29 days ago
GHG Protocol proposal risks slowing clean energy expansion
Key Takeaway
Proposed GHG Protocol changes could significantly hinder corporate renewable energy procurement and reporting, creating market uncertainty and slowing clean energy development for developers and large consumers.
AI Summary
- •Proposed changes to the Greenhouse Gas Protocol (GHGP) are anticipated to make it more challenging for companies to accurately report their renewable energy usage.
- •The American Council on Renewable Energy (ACORE) warns that these revisions could discourage corporate procurement of clean energy, directly impacting demand for renewable projects from developers.
- •For large power consumers and IPPs, these policy changes represent a potential headwind, complicating sustainability claims and potentially slowing the overall clean energy expansion.
Topics
datacenteremissionspolicyppasolarstoragewind
Article Content
Proposed changes to the Greenhouse Gas Protocol would make it more difficult for companies to report renewables use and could discourage procurement, according Lesley Hunter and Jeffrey Gorham of the American Council on Renewable Energy.