Indicative Clean Energy Prices
Considering sourcing clean energy but uncertain about pricing? Contact the CnerG Team for indicative prices.
Company Type Guide
- Corporate Buyer: An entity that is procuring renewable electricity and/or carbon credits for its operations and may be seeking to make claims to its use.
- Trader/Broker: An entity that buys and sells clean energy products but does not seek to make claims to its use.
- Energy Supplier: An entity that is generating clean energy
- Project Developer: An entity that is developing carbon credit and other renewable energy projects
- Energy Investor: An entity that is investing in renewable energy projects
Clean Energy Products Guide
- REC: Stands for Renewable Energy Certificates, it is a tradable certificate that represents the generation of one megawatt-hour (MWh) of renewable energy. When an entity buys an I-REC, they are essentially buying the right to claim that they have generated one MWh of renewable energy.
- I-REC: A type of REC and stands for International REC; mostly purchased by entities with electricity use in Asia, LATAM, and Africa.
- US-REC: A type of REC and stands for United States REC; mostly purchased by entities with electricity use in the US and Canada.
- GO: Stands for Guarantee of Origin, and it is a REC that is used for the European Union.
- Carbon Offset Credit: A tradable instrument that represents the reduction of one metric ton of carbon dioxide-equivalent (CO2e) emissions.
- Carbon Removal Credit: A tradable instrument that represents the removal of one metric ton of CO2e from the atmosphere.
Fuel Type Guide
- Solar: Energy from the sun that is converted into electricity or heat.
- Wind: Energy from the wind that is converted into electricity.
- Hydro-electric: Energy from moving water that is converted into electricity.
- Geothermal: Energy from the heat of the Earth that is converted into electricity or heat.
- Bioenergy: has two types 1) Biomass and 2) Biogas
- Biomass: Biomass is organic matter that can be burned to produce heat or electricity. Biomass can be from plants, animals, or waste products.
- Biogas: Biogas is a gas produced by the breakdown of organic matter in the absence of oxygen. Biogas can be used to produce heat, electricity, or vehicle fuel.
Project Type Guide
- Agriculture Forestry and Other Land Use: Projects that reduce greenhouse gas emissions (GHGE) from land use, such as planting trees, reducing deforestation, and improving agricultural practices.
- Chemical Industry: Projects that reduce GHGE from the production of chemicals, such as improving energy efficiency and switching to renewable energy sources.
- Construction: Projects that reduce GHGE from the construction of buildings, such as using energy-efficient materials and improving insulation.
- Energy demand: Projects that reduce GHGE from the consumption of energy, such as improving energy efficiency and switching to renewable energy sources.
- Energy distribution: Projects that reduce GHGE from the distribution of energy, such as improving the efficiency of power grids and using renewable energy sources.
- Energy industries (renewable/non-renewable sources): Projects that reduce GHGE from the production of energy, such as investing in renewable energy projects and improving the efficiency of fossil fuel power plants.
- Fugitive emissions: Projects that reduce GHGE from leaks and other fugitive sources, such as improving the sealing of gas pipelines and capturing methane from landfills.
- Livestock, enteric fermentation, and manure management: Projects that reduce GHGE from livestock, such as improving feed efficiency and capturing methane from manure.
- Manufacturing industries: Projects that reduce GHGE from the production of manufactured goods, such as improving energy efficiency and switching to renewable energy sources.
- Metal production: Projects that reduce greenhouse gas emissions from the production of metals, such as improving energy efficiency and using renewable energy sources.
- Mining/mineral production: Projects that reduce greenhouse gas emissions from the mining and processing of minerals, such as improving energy efficiency and using renewable energy sources.
- Transport: Projects that reduce greenhouse gas emissions from transportation, such as improving the efficiency of vehicles and switching to low-carbon fuels.
- Waste handling and disposal: Projects that reduce greenhouse gas emissions from the handling and disposal of waste, such as composting food waste and capturing methane from landfills.
Country of Origin Guide
- RECs (Renewable Energy Certificates) are country of origin bound because they represent the generation of renewable energy in a specific country. For example, a REC that was generated in Korea cannot be used to offset emissions in Thailand.
- Carbon Credits, on the other hand, are not country of origin bound because they represent the reduction of greenhouse gas emissions anywhere in the world.