Førredalsdammen in Norway.
Renewable energy certificates
Statkraft generates renewable energy and buys and sells energy in the market. Renewable energy in the market consists of physical power and energy attribute certificates:
- Certificates track energy back to the power plant which produced it, similar to a GPS identifying a precise location. This increases transparency and supports the growth of renewables.
- There are various types of certificates based on national legislation or international standards.
- Physical power and certificates can be bought and sold in combination or as a mix of energy products.
Statkraft supports you with renewable energy solutions
- Our power purchase agreements can include renewable energy certificates and enable the transition to 100 per cent green energy.
- Various certificates guarantee the origin of your energy:
Guarantees of Origin (GoOs)
Guarantees of Origin certify that a quantity of power is indeed generated from renewable energy sources. In 2009, the European Union made it compulsory to use GoOs to track and disclose renewable energy.
International Renewable Energy Certificates (I-RECs)
I-RECs are the equivalent of Guarantees of Origin outside of the European Union and North America. The I-REC Standard stems from an initiative to track the origin of electricity beyond the borders of established renewable energy certificate markets and to help end-users reliably retrace it through appropriate certification and documentation.
Renewable Obligation Certificates (ROCs)
In England, Wales, Scotland and Northern Ireland, ROCs cover the obligation of electricity suppliers to source renewable energy.
US Renewable Energy Certificates (US RECs)
In the US, RECs cover the obligation of electricity suppliers to source renewable energy.
Our Guarantees of Origin
Thanks to Statkraft’s variety of power plants generating renewable energy and our market operations across Europe, we can offer customised solutions that will enable you to optimise your portfolio and to achieve your climate goals. We offer a wide variety of GoOs from different technologies such as hydro, wind and solar, both from our own power plants and from our many PPAs. Our power plants meet strict environmental standards and many have additionally been certified for national and international ecolabels, such as Bra Miljöval, EKOenergy, OK Power and TÜV.
Our flexible Nordic hydropower fleet and European renewable assets are well suited to providing a range of tailor-made solutions. We can make your consumption 100 per cent green in real-time by certifying that the GoOs come from power plants that produce in line with your consumption profile. You will have the flexibility to select the technology and the location you prefer, prioritising power supply based on proximity to consumption, renewable labels or any other criteria you might have.
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