Introducing moREnewable100: Worldwide Renewable Energy Has Never Been Cheaper

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 (RECsI-RECs, GOs, TIGRs, LGCs, ZNECs, J-Credits) 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 EACEnergy attribute certificate - generic term for a certificate issued for 1MWh of renewable electricity generated. Used interchangeably with renewable energy certificate (REC). 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 RECRenewable Energy Certificate 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, TIGRsTradeable Instrument for Global Renewables (TIGR) Registry is an online platform for tracking and transferring renewable energy certificates (RECS), enabling developers to generate,verify and sell RECs. The registry is run by APX, a US company that provides infrastructure for environmental markets around the world., RECs, REGOs, GOs, LGCs, NZECsNew Zealand Energy Certificate System, the Renewable Energy Certificate registry in New Zealand managed by Certified Energy, 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.