On May 20, 2025, the Australian Alliance for Energy Productivity (A2EP) hosted a pivotal webinar titled “Unlocking Compressed Air Efficiency for Serious Energy Savings.” This session illuminated the substantial energy-saving potential within compressed air systems, which, despite their ubiquity in manufacturing, often operate with significant inefficiencies.

Insights from Industry Experts

The webinar featured insights from leading professionals:

• Satinder Sahni, Group Senior Manager – Utilities at Asahi Beverages, shared strategies on how Asahi significantly reduced compressed air costs by minimizing air consumption in their processes.
• Murray Nottle, an air systems engineer from the Carnot Group, discussed the utilization of ‘Power vs Flow’ curves as a diagnostic tool to identify and prioritize areas for efficiency improvements.
• Craig Morgan, Group Sales Director at Northmore Gordon, presented findings from a measurement-based survey of 30 compressed air systems, revealing surprising inefficiencies and offering guidance on assessing system performance.

A Call to Action for Energy Managers

This webinar serves as a valuable resource for energy managers, engineers, and industry professionals aiming to enhance operational efficiency, reduce costs, and lower emissions. By addressing the often-overlooked inefficiencies in compressed air systems. Want to increase your industrial energy savings? Contact Craig Morgan at Northmore Gordon today!

The post The Hidden Cost of Compressed Air in Industrial Settings appeared first on Northmore Gordon.

The partnership brings together Northmore Gordon’s deep expertise in energy management and carbon reduction with Pangolin Associates’ proven capabilities in climate risk assessment and sustainability reporting. This powerful combination offers large energy users a comprehensive solution to meet their ASRS compliance needs while driving meaningful progress on their decarbonization journeys.

“Large energy users face significant challenges in meeting the new ASRS framework,” said Hamish McGovern, Managing Director at Northmore Gordon. “By partnering with Pangolin Associates, we can offer clients an unmatched combination of energy expertise and climate reporting capabilities, ensuring they not only comply with regulations but identify valuable opportunities to reduce costs and emissions, and maximise funding sources for the transition.”

Iain Smale, Managing Director at Pangolin Associates, added: “This partnership represents a perfect alignment of complementary strengths. Together, we provide clients with the strategic climate risk assessment and practical energy solutions needed for ASRS compliance and long-term sustainability. Our combined approach helps organizations turn regulatory requirements into business advantages.

The partnership will offer end-to-end ASRS compliance services, including emissions measurement, climate risk assessment, scenario analysis, transition planning, and comprehensive reporting. Clients will benefit from Northmore Gordon’s proven methodologies for energy optimization, grant & certificate funding expertise, alongside Pangolin’s expertise in climate strategy and disclosure frameworks.

This collaboration comes at a critical time as Australian organizations prepare for the first ASRS reporting period beginning January 2025. Group 1 entities, including the country’s largest companies and energy users, must produce their first sustainability reports in 2026, with additional organizations phasing in over subsequent years.

Who we are

Northmore Gordon is a specialist energy consultancy helping industrial and commercial businesses decarbonize and reduce energy costs. With offices across Australia and Singapore, the firm provides energy audits, efficiency engineering, carbon strategy development, and environmental certificate services. Northmore Gordon has been highly successful in leverage grant and certificate funding for customers’ transition projects, and is committed to helping large energy users achieve meaningful emissions reductions while improving financial performance.

Pangolin Associates is an Australian-owned climate change and sustainability consulting firm. Pangolin helps organizations meet their climate change goals through comprehensive greenhouse gas assessments, carbon neutral certification, net zero strategic implementation, and compliance with government reporting schemes. As a certified B Corp and Climate Active organization, Pangolin leads by example in sustainability practices.

For more information, please contact:

• Hamish McGovern, Northmore Gordon – h.mcgovern@northmoregordon.com
• Iain Smale, Pangolin Associates – iain.smale@pangolin.com.au

The post Northmore Gordon and Pangolin Associates form a Strategic Partnership to Support Large Energy Users with ASRS Compliance appeared first on Northmore Gordon.

At Northmore Gordon, we continue to monitor the dynamic Victorian Energy Efficiency Certificate (VEEC) market.  Two weeks ago, the Government passed legislation to extend the VEU to 2045, and last Friday 16^th May, they announced the 2026 and 2027 targets. 

Latest Price Movements 

As of 19 May 2025, VEEC spot prices have declined to approximately $85.00 per certificate, marking a substantial correction from highs of over $110 in late 2024.  This represents a ~20% drop in recent months, underscoring a shift in market sentiment and fundamentals.  The announced targets resulted in a sudden drop from $91.00 to $85.00 where prices have stabilised for the moment. 

The latest VEEC price can be found on Northmore Gordon website.  Filter on VEECs. 

A Look Back: VEEC Price History 

VEECs were trading at around $30 back in 2020, steadily climbing to over $110 by late 2024. This increase was driven by: 

• Regulatory tightening that limited certificate creation. 

• Increased compliance demand from energy retailers. 

• Market uncertainty that spurred speculative buying. 

• Declining supply from lighting and market saturation in certain activities 

What’s Driving the May 2025 Price Drop? 

Several key developments have contributed to the recent decline in prices: 

• Regulatory Certainty:  
  On 16^th May 2025 Victorian Government has announced VEEC targets for 2026 (4.4 million) and 2027 (4.6 M), this is lower than the proposed revised interim VEEC targets for 2026 (5 M) and 2027 (6 M) and substantially lower than the 2025 target of 7.3 million. 

• Removal of Vintage Requirements: 
  Legislation removed the requirement for certificates prior to 31^st January to be used for surrender for the prior year’s obligation.  This provides more supply. 

• Extended Surrender Deadline: 
  The VEEC surrender deadline has been extended to 30 June 2025, giving liable entities more time to meet their obligations, reducing short-term pressure.  This may well happen again in 2026 

• Increased Supply: 
  Space heating and cooling, as well as commercial heatpump installation activities have steadily increasing creation rates.  

• Improved Supply Outlook: 
  With greater clarity and easing of speculative activity, supply has improved, leading to more stable pricing. 

What This Means for Business 

For those involved in energy efficiency projects or VEEC-generating activities, these market shifts present both challenges and opportunities. Staying informed and strategically timing your projects can help optimise returns and ensure compliance. 

At Northmore Gordon, we help clients navigate the certificate markets with confidence—providing strategic advice, regulatory insight, and market intelligence to maximise value from sustainability initiatives. 

Reach out to our team if you’d like a deeper conversation about how VEEC trends affect your energy strategy and consider hedging VEEC projects you have underway. 

For more information about Solar VEECs and LGCs contact: Madonna Ghajar

The post VEEC Market Update – Price Declines May 2025  appeared first on Northmore Gordon.

This Energy Intelligence Partner Alliance is built to help commercial and industrial businesses across Australia and the APAC region rapidly unlock smarter, and more cost-effective ways to measure energy use, cut costs, and meet rising sustainability expectations.  Granular metering and monitoring are the foundation of energy audits, feasibility studies, electrification, mandatory carbon reporting, demand response and much more.

What’s Driving the Need?

Energy and sustainability managers face increasing pressure to:
• Visualise and control energy usage across equipment, buildings, and operations
• Reduce energy waste and improve efficiency — often with limited resources
• Meet tightening compliance requirements, including new ASRS mandates
• Deliver reliable sustainability reporting with accurate, real-time data
• Scale solutions quickly across multiple sites or complex portfolios

How Our Alliance Helps

This partnership delivers an end-to-end energy intelligence solution that brings together:
• Wireless metering and monitoring technology for rapid, cost-effective deployment
• Granular, real-time energy data to support better decisions
• AI-powered analytics and customisable reporting
• Full integration with third-party data sources
• Expert system design, analysis, strategic and technical support
• Scalable solutions to manage multiple buildings, sites or regions with ease

Together, we’ll empower clients to take control of energy data and transform it into actionable strategies that drive measurable impact — reducing operational costs, lowering emissions, and enhancing sustainability performance.

This alliance is for more than just a tech upgrade — It’s a smarter way to operate. With Northmore Gordon’s industry insight and strategic energy expertise, and SEEITEK’s technology solutions and implementation excellence, we’re helping clients do even more with less — so they can lead the transition to smarter energy management.  

Learn more:
Contact: c.morgan@northmoregordon.com
www.seeitek.com.au | Contact: peter@seeitek.com.au

The post Northmore Gordon and SEEITEK Partner for Rapid Cost-effective Metering & Monitoring for Commercial & Industrial appeared first on Northmore Gordon.

If you’d like to listen to the full discussion, the video is linked here.

Smart Strategies to Stay Within Network Limits

James DiLiberto, CEO of AZZO, introduced three key strategies to manage energy demand effectively:

1. Implement Energy Management Systems (EMS): These systems enable real-time load control and the integration of onsite generation—such as solar PV and batteries—helping sites operate within existing electrical limits.
2. Use Smart Controls and Monitoring: By collecting and analysing granular energy data, facilities can optimise usage, reduce peak demand, and enhance overall energy efficiency.
3. Integrate Onsite Renewables: Harnessing solar and battery storage not only cuts grid dependence but also eases the strain on legacy infrastructure, potentially deferring the need for upgrades.

Craig Morgan on the Value of Energy Efficiency

Craig Morgan, Group Sales Director at Northmore Gordon, offered further insight into how energy efficiency plays a vital role in this equation.

“When you reduce demand through energy efficiency, you’re not just lowering your bills,” said Morgan. “You’re freeing up capacity on your existing infrastructure, which can delay or eliminate the need for upgrades that often run into the hundreds of thousands—or even millions—of dollars.”

He shared examples of how Northmore Gordon has worked with industrial clients to conduct detailed energy assessments, helping them remain within the capacity of their existing transformers and feeders—thereby avoiding expensive and time-consuming grid upgrades.

A Strategic Imperative for Industry

With electrical network constraints increasingly common—particularly in older industrial estates and rapidly developing areas—these approaches are becoming critical for cost-effective growth. As Morgan noted, “In today’s energy environment, smarter use of energy is just as important as clean energy.”

The post How Energy Efficiency Prevent’s Costly Grid Upgrades at Industrial Sites appeared first on Northmore Gordon.

Challenges Facing Mining Operations

Mining is among the most energy-intensive industries in Australia. From on-site power generation to heavy processing equipment, diesel in mining fleet, and FIFO workers, every operational aspect contributes to significant energy usage and emissions.

Some of the top challenges mining companies face include:

• Rising Energy Costs: Baseline energy use across on-site power, comminution, refrigeration, pumps, compressors, and fans can cost millions, exposing mines to even the most modest of price volatility.
• Emissions Compliance under Safeguard Mechanism: Sites emitting more than 100,000 tonnes CO₂-e annually are needing to either reduce emissions by 4.9% per year or offset them with ACCUs or SMCs at an uncertain future price.
• Data Complexity: Having the right data to make informed decisions and demonstrating verified savings from energy or carbon reduction projects requires robust measurement and compliance.
• Accessing Incentives and Credits: Many mining operations are not aware that they can unlock funding for energy and carbon projects using tradeable Environmental Certificates. These markets are growing rapidly, and they can contribute significant amounts to project financing.

What Northmore Gordon Offers the Mining Sector

Based on our work with multiple mining sites — including operations in Western Australia, NSW, QLD and Victoria — we deliver an end-to-end service suite that includes:

Energy Efficiency

• Comprehensive assessments of whole-of-site operations, energy intensity, benchmarking, and opportunities for improvement.
• Identified and validated savings from energy and carbon projects
• Feasibility and Options studies to support your energy transition and net zero pathway
• Grant funding via the Powering the Regions Fund, ARENA and other federal/state initiatives.

Environmental Certificates and Carbon Offsets

• Registration of your Energy and Carbon projects for Environmental Certificates
• Trading of certificates for revenue – sometimes millions in financial returns
• Management of all aspects of compliance and reporting for certificate projects.

Safeguard Mechanism and ACCU Strategy

High emitting facilities are required to reduce their emissions in line with the Safeguard Mechanism, which usually precludes them from generating ACCUs to subsidise their emission saving.

However, using the methodologies that Northmore Gordon lead in, we can produce ACCUs on site – even for Safeguard facilities.

We help you with:

• Emissions reporting and facility baselines under the Safeguard Mechanism.
• Advisory on compliance pathways, including ACCU procurement and carbon market navigation.
• Strategic planning to minimise exposure to future emissions reduction obligations.

Carbon and Energy Reporting

• Full carbon accounting, emissions profiling, and reporting to align with NGER Scheme and ASRS
• Advisory on integrating renewables and low-carbon technologies into the mining energy mix.
• Generation, management, and sale of LGCs

Options Open to Australian Mining Companies

Mining companies can partner with Northmore Gordon to explore:

• ACCU and energy efficiency certificate creation from efficiency and carbon reduction projects.
• Safeguard Mechanism compliance via emissions reductions and ACCU strategy.
• Grant funding via the Powering the Regions Fund, ARENA and other federal/state initiatives.
• Carbon neutrality pathways and development of internal carbon pricing frameworks.

Your Energy. Smarter. Cleaner. More Valuable.

By working with Northmore Gordon, mining companies gain more than compliance — they unlock strategic energy and carbon opportunities that drive real business value.

Want to reduce costs and emissions without compromising output?

Talk to Jack Warren – Technical Decarbonisation Methods Lead

The post Unlocking Energy and Emissions Opportunities for Australia’s Mining Sector appeared first on Northmore Gordon.

The Rise of Battery Storage: A Global and Local Perspective

Globally, battery storage has become a critical enabler of renewable energy. Countries like the United States, Germany, and China are investing heavily in large-scale batteries to stabilise their grids and reduce reliance on fossil fuels. Australia, with its abundance of solar and wind energy, is at the forefront of this revolution. Projects such as the Victorian Big Battery and Hornsdale Power Reserve in South Australia demonstrate the vast potential of energy storage in managing supply and demand fluctuations.

The market for battery storage is booming. BloombergNEF forecasts that global energy storage installations will reach 1,095 gigawatt-hours by 2030, a twentyfold increase from 2021 levels. In Australia, the Clean Energy Council reports that investment in battery storage projects is accelerating, driven by decreasing costs, government incentives, and corporate sustainability commitments.

The Australian Energy Market Operator (AEMO’s) integrated system plan calls for a fivefold increase through to 2030.  Given Bloomberg’s forecast, it may well be much greater.  Storage is critical to the energy transition and achieving high penetration of renewable energy.  It’s critical for the grid and is critical for business. 

Why Battery Energy Storage System (BESS) is Essential for Business

For medium to large businesses, a Battery Energy Storage System (BESS) is not just about sustainability—it’s about resilience and efficiency. Here’s how it fits into a broader renewable energy strategy:

• Energy Cost Savings: Businesses can store excess solar energy during the day and use it during peak hours when electricity prices are higher, reducing grid reliance and energy bills.
• Demand Charge Reduction: Many businesses pay significant demand charges. Batteries can help smooth out peaks in energy use, minimising these costly surges.
• Backup Power and Reliability: Batteries provide a safeguard against power outages, ensuring operations continue uninterrupted.
• Sustainability and Carbon Goals: Integrating battery storage helps businesses meet corporate sustainability targets and regulatory requirements for emissions reductions.

Private and Government Incentives

Energy Retailers and the Australian government is backing battery storage through various initiatives, making it an even more attractive investment for businesses.

• Virtual Power Plants (VPP): Battery Energy Storage Systems (BESS) can participate in VPP by aggregating their energy storage, providing frequency control and voltage support, and enabling arbitrage trading, ultimately maximizing the value of their storage capacity and contributing to grid stability and flexibility.
• The Capacity Investment Scheme (CIS): This federal scheme encourages private investment in clean energy and storage solutions.
• State-Based Incentives: Programs like the NSW Empowering Homes initiative and the Victorian Solar Battery Rebate offer financial support for battery installations.
• ARENA and CEFC Funding: The Australian Renewable Energy Agency (ARENA) and Clean Energy Finance Corporation (CEFC) provide funding and financing options for battery projects.

Environmental Certificates and Financial Offsets

Businesses investing in battery storage can also benefit from environmental certificate schemes that provide additional financial incentives:

• Large-Scale Generation Certificates (LGCs): If paired with renewable generation, businesses may be eligible for LGCs under the Renewable Energy Target scheme, which can be sold to offset installation costs.
• NSW Peak Reduction Certificates (PRCs) & Victorian Energy Efficiency Certificates (VEECs): These state-based schemes reward businesses for energy efficiency initiatives, including battery storage in certain cases.
• State Grant Programs: Some states and energy providers offer incentives for businesses that use battery storage to participate in demand response programs, providing payments for reducing grid demand during peak periods.

Costs and Financial Offsets

While battery storage systems require a significant upfront investment, these costs can be mitigated through:

• Government Grants and Rebates: Programs at both federal and state levels provide direct funding to offset capital expenditure.
• Certificate Trading: Selling LGCs, PRCs, or VEECs can provide an ongoing revenue stream to help recover investment costs.
• Operational Savings: Lower electricity bills, reduced demand charges, and participation in Virtual Power Plants (VPPs) can enhance financial returns over time.

How Northmore Gordon Can Help

At Northmore Gordon, we take a strategic approach to energy storage. We help businesses navigate the complexities of battery selection, integration, and financial modelling to ensure maximum return on investment. Our services include:

• Feasibility Assessments: Analysing the economic and technical viability of battery storage for your business.
• Energy Strategy Development: Creating tailored plans that integrate batteries with on-site renewables and demand management.
• Incentive and Funding Assistance: Identifying and applying for available government grants, environmental certificates, and financing options.
• Implementation and Monitoring: Ensuring seamless installation and ongoing performance optimisation.

Risks and Considerations

While battery storage offers numerous benefits, businesses should be aware of potential risks:

• Upfront Costs: Although prices are falling, battery storage still requires significant initial investment.
• Technology Maturity: While lithium-ion batteries dominate the market, emerging technologies like flow batteries and solid-state batteries may offer long-term advantages.
• Regulatory and Market Changes: Electricity market rules and incentives are evolving, and businesses must stay informed to maximise their investment.

Looking Ahead: The Future of Battery Storage

Battery storage is rapidly evolving, with innovations in efficiency, capacity, and lifespan making it an increasingly viable solution for businesses. As grid-scale storage expands and new business models such as Virtual Power Plants (VPPs) gain traction, companies that invest early in battery storage will be well-positioned for the future energy landscape.

At Northmore Gordon, we are committed to helping our clients harness the power of battery storage. If you’re considering how energy storage can benefit your business, our team is ready to guide you through the process. Let’s shape a smarter, cleaner energy future together.

For expert advice on battery storage and renewable energy strategies, contact Northmore Gordon today.

Disclaimer: The information in this article is general only and has been prepared without considering your business’ particular circumstances and needs. You should assess or seek advice from Northmore Gordon Environmental (AFSL 533927) on whether it is appropriate for your business’s objectives.

The post The Power of Big Battery Storage: BESS Unlocking the Future of Renewable Energy for Business appeared first on Northmore Gordon.

The Growing Sector: A Shift Towards Renewable Electrification

The energy landscape is evolving rapidly. With advancements in technology and increasing regulatory support, businesses are moving away from fossil fuels and embracing clean electricity. Renewable electrification is a key pillar in the broader renewable energy strategy, offering improved energy efficiency, lower emissions, and long-term financial benefits.

At Northmore Gordon, we’ve seen a surge in interest from clients looking to electrify their operations, from manufacturing facilities to commercial buildings. The benefits are clear: reduced exposure to volatile fossil fuel prices, enhanced energy security, and alignment with corporate sustainability goals as the grid continues to green. 

For high temperature applications, where electrification isn’t economically viable, there is growing interest in green gas, especially biomethane.  Northmore Gordon will do article on that next time.

How Much is Being Spent on Electrification?

Electrification is a multi-billion-dollar movement. Australian businesses and governments are investing heavily, with state and federal funding exceeding $2 billion in recent years. Individual projects range from $100,000 for small commercial transitions to over $50 million for large industrial sites.

The Step-by-Step Process for Electrification

Transitioning to electrification requires careful planning. Our approach ensures businesses maximise benefits while mitigating risks:

1. Energy Audit & Feasibility Study – Assess energy usage, identify high-energy processes, and evaluate electrification opportunities.
2. Technology Selection – Determine the most suitable technologies (e.g., electric heat pumps, battery storage).
3. Financial & Incentive Analysis – Identify applicable government grants, tax incentives, and funding.
4. Project Design & Engineering – Develop an electrification plan with energy management strategies.
5. Implementation & Integration – Install electrification technologies and integrate with existing systems.
6. Monitoring & Optimisation – Track performance, fine-tune efficiency, and ensure cost savings.

Government Incentives: Making the Transition Viable

Governments at both state and federal levels are supporting businesses in their transition to renewable electrification. Incentives such as grants, tax rebates, and financing options help offset costs. For example, Australia’s Renewable Energy Target (RET) and state-based schemes support solar, wind, and battery storage investments.

Navigating these incentives can be complex. That’s where we come in.

Understanding the Risks: Technology & Supply Challenges

While the opportunities in electrification are immense, businesses must be aware of potential risks:

1. Technology Suitability – Not all solutions fit every business model; options include combinations of heatpumps, heat recovery, electrical and thermal storage and more.
2. Electricity Supply Stability – Businesses may need to explore battery storage or demand management.
3. Upfront Costs & ROI Uncertainty – A clear financial strategy is essential.

By partnering with Northmore Gordon, businesses can navigate these risks confidently, leveraging expert insights to make informed decisions.

How Northmore Gordon Works with You

At Northmore Gordon, we take a strategic approach to electrification, ensuring businesses maximise benefits while minimising risks. Our team helps clients:

• Assess energy usage and identify opportunities.
• Navigate and apply for funding and incentives.
• Design and implement tailored electrification strategies.
• Monitor and optimise energy performance post-implementation.

We’ve worked with numerous clients to transition to renewable electrification successfully. Read our case studies here.

Real-World Business Cases: Electrification in Action

Several companies have transitioned to electrification, demonstrating economic and environmental benefits:

• Manufacturing: A food production facility replaced gas-fired boilers with electric heat pumps, reducing energy costs by 25%.
• Commercial Buildings: A corporate office switched to an electrified hot water and HVAC systems, lowering emissions by 40% while accessing rebates.
• Industrial Processing: A mining company implemented electric arc furnaces, cutting costs and securing renewable energy contracts.

Environmental Certificates & Compliance

Businesses transitioning to electrification can benefit from various environmental certificates:

• Large-Scale Generation Certificates (LGCs): For businesses generating renewable electricity.
• Small-Scale Technology Certificates (STCs): Available for smaller solar, wind, and battery projects.
• State-Based Incentives: Such as the Victorian Energy Upgrades (generating VEECs) scheme and NSW Energy Saving Scheme (generating ESCs)

The Future of Electrification: What’s Next?

Looking ahead, electrification will continue shaping the energy landscape. Advancements in smart energy management systems, battery storage, and integrated renewable solutions will offer new opportunities. Government policies will also evolve, helping businesses stay ahead of the curve.

The time to act is now. Whether you’re considering electrification for cost savings, emissions reduction, or operational resilience, Northmore Gordon is here to guide you.

Get in touch with our experts today and let’s power your business into the future.

Disclaimer: The information in this article is general only and has been prepared without considering your business’ particular circumstances and needs. You should assess or seek advice from Northmore Gordon Environmental (AFSL 533927) on whether it is appropriate for your business’s objectives.

The post Powering the Future: Maximising Electrification for Business Growth appeared first on Northmore Gordon.

Interested to know more about moREnewable100 and the benefits to your business, please complete and submit the form here or contact Sid Bansal – Corporate Decarbonisation Manager.

When it comes to renewable energy procurement, the landscape can be complex. At Northmore Gordon, we make it simple and strategic. Unbundled International Renewable Certificates (RECs) allow businesses to credibly claim renewable electricity use, regardless of their location. Let’s break down how we help clients navigate this process with confidence.

Understanding Bundled vs. Unbundled RECs

RECs can be bundled with physical electricity supply or unbundled, sold separately from electricity. Unbundled RECs offer flexibility, allowing companies to procure renewable energy attributes independent of physical power contracts.

moREnewable100: A Cost-Effective Solution

Businesses with global operations face challenges in reducing Scope 2 emissions across diverse regions. Thanks to unbundled RECs and Power Purchase Agreements (PPAs), companies can now access renewable energy affordably and flexibly.

What Is moREnewable100?

moREnewable100 involves purchasing unbundled RECs to match electricity consumption across locations. Benefits include:

• Ensuring compliance with sustainability targets
• Accessing renewable energy globally at competitive rates
• Avoiding upfront capital investment
• Maintaining flexibility across jurisdictions
• Flexible single or multi-year contracting for certainty
• Fast to deploy
  
  

moREnewable100: A Global Decarbonisation Strategy

Unbundled RECs enable multinational companies to match consumption with renewable generation, even where onsite renewables or PPAs aren’t feasible. Northmore Gordon recently assisted a leading financial services company in covering its Australian and international offices, reducing Scope 2 emissions to zero efficiently.

Key Considerations When Buying RECs

Our guide on “Decisions to Make When Buying RECs” highlights:

• Geographic Matching – Aligning purchases with operational locations.
• Certification & Credibility – Ensuring RECs meet recognised standards.
• Cost Optimisation – Leveraging market trends for competitive pricing.
• Impact Transparency – Demonstrating contributions to renewable investment.
  
  

Origination and Sale

Companies generating surplus renewable electricity can monetise their energy attributes. Northmore Gordon facilitates EAC registration and market placement, ensuring optimal pricing. Through our Singapore office, we originate I-RECs for projects in Singapore and Asia, with access to global REC markets and surrender capabilities to meet sustainability goals. In Australia we originate LGCs for domestic and international customers to surrender.

Benefits of Unbundled RECs

Unbundled RECs offer businesses:

• Global Accessibility – Procure RECs worldwide to support clean energy.
• Credible Sustainability Claims – Ensure carbon reduction goals are met.
• Cost Savings – A lower-cost alternative to physical renewable projects.
• Enhanced Reputation – Strengthened brand perception among stakeholders.
• Revenue Opportunities – Monetising
  
  

With REC prices declining globally and Australian LGCs dropping 50% from a year ago, now is the time to optimise your renewable energy procurement strategy.

Risks of Inexperienced Providers

Partnering with an inexperienced REC provider can lead to:

• Regulatory Non-Compliance – Risk of penalties due to improper procurement.
• Financial Loss – Overpaying due to poor market knowledge.
• Market Instability – Procurement timing mistakes leading to higher costs.
• Poor Documentation – Hindering sustainability reporting and making audits more challenging.
• Missed Revenue – Misjudging market conditions, leading to lower-than-expected returns from REC sales.
• Fraud Risks – Not all low-cost RECs are fraudulent, but double counted RECs are.

Why Choose Northmore Gordon?

With deep expertise in energy markets and sustainability consulting, Northmore Gordon simplifies REC transactions, ensuring businesses achieve renewable energy commitments efficiently.

For companies with global operations, unbundled RECs provide a scalable, cost-effective solution for reducing Scope 2 emissions. Contact us to explore tailored solutions that align with your sustainability and financial objectives.

Northmore Gordon has access to a wide range of RECs, including I-RECs, TIGRs, RECs, REGOs, GOs, LGCs, NZECs, J-Credits, and more.

Disclaimer: The information in this article is general only and has been prepared without considering your business’ particular circumstances and needs. You should assess or seek advice from Northmore Gordon Environmental (AFSL 533927) on whether it is appropriate for your business’s objectives.

The post Introducing moREnewable100: Worldwide Renewable Energy Has Never Been Cheaper appeared first on Northmore Gordon.