Green Energy
What Are Environmental Products?
Today, organizations are finding it easy to green their facilities through the procurement of environmental products. These products include green power, renewable energy certificates, and emissions allowances and credits.
Three Easy Ways to be Environmentally Friendly
- Renewable Energy Certificates (RECs) represent the environmental, social or other positive attributes of power generated by renewable resources like sun, wind, moving water, geothermal, or other natural sources. For example, RECs represent the reduced emissions of renewable generation compared with those of conventional generation. RECs are purchased separately from, and in addition to, your conventional commodity energy supply.
1 MWh of power generated from renewable resources = 1 REC.
- Green Power is conventional commodity energy bundled with RECs. Green power can be purchased from power suppliers as a single premium product.
- Emissions Allowances and Credits can be purchased to offset your facility’s carbon footprint or reach other environmental goals such as acid rain or smog mitigation. Emissions allowances represent rights to emit carbon dioxide (CO2), sulfur dioxide (SO2), nitrogen oxide (NOx) or other pollutants. Credits represent reductions in these emissions relative to an established baseline. Examples are carbon credits, SO2 allowances and NOx allowances.
Benefits of Environmental Stewardship
Buying green can help an organization meet environmental, financial, stakeholder relations, economic development and national security objectives by:
- Demonstrating civic leadership, generating positive publicity, improving employee morale, and differentiating products and services and brands.
- Providing a hedge against risks posed by electricity price instability, fuel supply disruptions, electricity blackouts and environmental regulation.
Confidence and Reliability
Tradition Energy ensures your organization’s goals and objectives are matched to the correct green power product. We can facilitate the purchase of the correct certified product and arrange for third-party verification of purchases which meet specific market standards.