Applying Additionality for Renewable Energy Advancement
Current REC procurement solutions create the illusion of progress while clean energy development lags far behind climate targets. While many corporate buyers claim “100% renewable energy” based on their spot market REC purchases, research shows these transactions rarely accelerate new clean energy projects.
Ever.green has developed a methodology that maintains REC accessibility while requiring demonstrable additionality - ensuring renewable energy investments drive real climate impact, not just compliance checkboxes.
This white paper details our point of view and an alternative, scalable way to procure High-Impact RECs.
This white paper was reviewed by more than 30 experts across the renewable energy industry, including representatives from Greenhouse Gas Management Institute, The University of Edinburgh, WattTime, and McKinsey.
Current REC dynamics and why traditional approaches fall short of climate goals.
Why this potential fix for the spot market may actually slow renewable adoption at our current market adoption stage by increasing complexity for buyers.
Introduction of additionality principles and a step-by-step framework for evaluating REC additionality in your procurement decisions.
We evaluate three critical factors to ensure RECs support meaningful climate action:
Does REC revenue improve key project financial metrics (IRR, DSCR) by at least 10%?
Would this project struggle to move forward without additional funding?
Does this project meaningfully increase clean energy supply beyond baseline market activity?
Disclaimer: The opinions and findings presented in the whitepaper, as well as any errors or inaccuracies, are solely attributable to the author and do not reflect the views or opinions of any other individual, organization, or entity. Ever.green assumes full responsibility for the content provided and encourages readers to exercise critical thinking and independent judgment when interpreting the information presented.