To accelerate the transition to renewable energy, companies buy Renewable Energy Certificates (RECs) via long-term contracts with yet-built projects. As with Virtual PPAs, these long-term contracts can make projects happen that would not have happened otherwise, a concept known as additionality.
Ever.green aggregates demand for high-impact RECs into contracts with minimal risk and a size and length that is accessible to most businesses. We test for additionality and bring greater transparency to the impact of every REC on every project on the planet.
Most spot-market RECs
Ever.green's high-impact RECs
Spot purchases from brokers for existing projects
5-15 year forward contract connected to future project
Barely clears minimum scope 2 standards
In-line with GHG Protocol best practices
No transparency or reporting on environmental or social impacts
Robust reporting via ESG Scorecard and estimated of avoided emissions for each REC
Lower price, variable year to year, set by REC brokers in the voluntary market
Higher price, based on term and having a material impact, fixed for the entire contract giving price certainty,
Does not help make new projects happen
Material impact on standing up new projects