Renewable certificates trading
Statkraft trades a wide range of renewable and carbon certificates from around the world. The experience of the interrelationship between the different countries’ systems enables Statkraft to provide a wide product range and better pricing.
Renewable energy certificates
We work with both end consumers and resellers to enable customers to meet their renewables goals: reduce your Scope 2 emissions, support the growth of renewables and prove your engagement to achieve net zero carbon to your stakeholders and customers. Our offer includes:
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Guarantees of Origin (GoOs)
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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.
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Renewable Energy Guarantees of Origin (REGOs)
- UK version of the above for UK-based power plants.
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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.
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Renewable Obligation Certificates (ROCs)
- In England, Wales, Scotland and Northern Ireland, ROCs cover the obligation of electricity suppliers to source renewable energy.
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US Renewable Energy Certificates (US RECs)
- In the US, RECs cover the obligation of electricity suppliers to source renewable energy.
Carbon emission reductions
In addition to renewable certificates trading, we support our customers in environmental markets worldwide. To keep our planet’s temperature below breaking point, various measures to reduce carbon emissions have been taken nationally and internationally and include the creation of compliance and voluntary environmental markets. Their aim is to reduce the amount of carbon emissions and other greenhouse gas emissions by creating economic incentives for emission reduction measures.
To keep our planet’s temperature below breaking point, various measures to reduce carbon emissions have been taken nationally and internationally and include the creation of compliance and voluntary environmental markets.
Their aim is to reduce the amount of carbon emissions and other greenhouse gas emissions by creating economic incentives for emission reduction measures.
Statkraft has signed the Climate Neutral Now pledge, an initiative launched by UN Climate Change. As part of this, emission reduction targets have been set and unavoidable emissions are offset through certified emission reductions.
Our offer for carbon emission reductions:
European Union Emissions Trading Scheme (EU-ETS)
The European Union Emissions Trading Scheme is the compliance market for large emitters in Europe.
- EUAs are the tradable unit of one metric ton CO2
- EUAAs are dedicated to the aviation sector
Californian Emissions Trading Scheme (CA-ETS)
The Californian Emissions Trading Scheme is the compliance market for large emitters in California. The instruments are:
- California Carbon Allowances (CCAs)
- California Carbon Offsets (CCOs)
Global carbon offset markets
Statkraft is active in voluntary markets with various standards for project-based carbon offsets.