Green-e Certification Standard for Singapore Released by Center for Resource Solutions
New Standard will spur market demand for renewable energy options, and corporate accounting and reporting of clean energy throughout Singapore
SAN FRANCISCO, November 29, 2017 /3BL Media/ —The NGO Center for Resource Solutions ("CRS") today announced the release of the Green-e Renewable Energy Standard for Singapore ("Standard for Singapore"), which details the requirements and standards for Green-e certification of renewable electricity sales and consumption in Singapore. The new standard defines eligible renewable resources, requirements for customer disclosure and transparency, and use of renewable energy tracking systems. With the release of this standard, large buyers and clean energy sellers in Singapore can apply for Green-e certification of their retail renewable electricity and energy attribute certificates ("EACs").
Green-e works with retail electricity sellers and consumers to increase consumer confidence, reduce purchasing risk, ensure environmental impact, and support purchasing goals toward RE100 and other initiatives. Green-e certification will help accelerate the development of renewable generation and renewable electricity markets in Singapore, and provides consumers with assurances that their renewable electricity purchases are a meaningful mechanism for expressing demand for cleaner electricity options.
"We are excited to help electricity consumers in Singapore support new, local renewable energy," said Jennifer Martin, executive director of Center for Resource Solutions. "Green-e has played a leading role in helping grow the renewable energy market in North America for the last 20 years, and we believe that demand from consumers and businesses is integral in helping Singapore meet its clean energy goals."
As more electricity consumers are able to choose their power, Green-e certification will give electricity retailers, businesses, and consumers a way to distinguish their activity and demonstrate their commitment to impactful renewable electricity and EAC purchasing. Green-e can certify corporate purchases, including power purchase agreements, renewable electricity tariffs marketed by an electricity retailer, and EAC-only sales.
Learn more about the Standard for Singapore and the benefits of Green-e certification at www.green-e.org/singapore.
About the Green-e Renewable Energy Standard for Singapore
The Green-e Renewable Energy Standard for Singapore (“Standard for Singapore”) details Green-e Energy requirements for certification of renewable electricity sales and consumption in Singapore. The Standard for Singapore is a Regional Standard under the Green-e Framework for Renewable Energy Certification. Developed in consultation with local stakeholders, the Standard for Singapore allows electricity consumers to purchase and support high-quality renewables to accelerate the development of renewable generation and renewable electricity markets in Singapore. Learn more about the Standard for Singapore at www.green-e.org/singapore.
About Center for Resource Solutions
Center for Resource Solutions (“CRS”) is a California-based NGO with global impact. CRS brings forth expert responses to climate change issues with the speed and effectiveness necessary to provide real-time solutions. Its leadership through collaboration and environmental innovation builds policies and consumer-protection mechanisms in renewable energy, greenhouse gas reductions, and energy efficiency that foster healthy and sustained growth in national and international markets. For more information about CRS’s programs, visit www.resource-solutions.org.