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Carbon Accounting Software

Written by Perceptor on January 6, 2022 | Utilities News |

utilities carbon compliance

It is intended to help companies understand the business activities that make up their carbon footprint and provide a roadmap for more comprehensive carbon accounting. When you’re armed with a comprehensive understanding of your carbon footprint, you can identify emissions hotspots and make more efficient reductions — accelerating progress on your climate goals. Buying REDD+ Result Units™ lets you pay for emissions you can’t reduce while supporting developing nations that preserve their rainforests, one of the world’s most critical carbon sequestration assets Employ our comprehensive, literature-based methodology to ensure your compliance with emission reporting standards. Utiligize’s new carbon accounting features have been built into all our existing products, ensuring users can facilitate the green transition quickly and efficiently.

By implementing SECR and GHG reporting, you can gain a better understanding of your energy and carbon footprint, identify areas for improvement, and track your progress towards your sustainability goals. We can work with you to develop a comprehensive plan that includes both short-term and long-term goals, as well as strategies for achieving them. Net-Zero compliance is essential for companies that want to meet the legal requirements and stay ahead of the competition. This means that businesses of all sizes and sectors need to take action to reduce their carbon footprint and become more sustainable. With our expertise, you can turn compliance challenges into strategic opportunities, driving long-term success in the transition to a low-carbon future.

Additionally, utilities are often running these plants at an enormous cost to their customers. APS and Xcel have also set interim 2030 targets that signal to customers and investors https://newmexicodesign.net/brs-biotechs-wastewater-treatment-systems-innovative-solutions-for-wastewater-treatment.html the seriousness of their 2050 commitments. APS serves more than 1.2 million customers in Arizona, and Xcel serves 3.6 million electric customers across eight Western and Midwestern states. APS and Xcel Energy have said that they intend to provide carbon-free electricity to their customers by 2050.

helping you achieve your energy efficiency goals.

EnergyCAP tracks measurement and verification (M&V) of energy efficiency projects so you can quantify savings from lighting upgrades, HVAC improvements, and other conservation measures. “EnergyCAP historical data helped us track and enhance our district’s energy efficiency—saving us a significant amount of money and made us the top-ranked district in the state for student energy… “We used EnergyCAP to track our 54 energy efficiency projects, saving 3.1 million kilowatt hours and $400,000 annually.” From building performance to enterprise-wide decarbonization, you get the insights to make smart, measurable progress.

Boston, Massachusetts, has taken a significant step towards sustainability and reducing greenhouse gas emissions from buildings by introducing the Building Emission Reduction and Disclosure Ordinance (BERDO). While our series does not encompass every jurisdiction, the trend toward adopting CO2 emission reduction laws is clear, highlighting the growing importance of preparing businesses for these critical environmental initiatives. Leading this regulatory charge are cities and states like Boston, California, Washington State, Washington D.C., Denver, and New York City, which are pioneering efforts to reduce carbon footprints at the commercial level. These new rules not only require detailed reporting of carbon emissions but also set specific emission limits, mirroring a dedication to achieving both local and federal sustainability objectives and the broader goals set forth by the Paris Agreement. This strategic focus is driven by the understanding that commercial buildings significantly contribute to environmental degradation, responsible for around 30% of greenhouse gas emissions.

utilities carbon compliance

This transparency reassures your stakeholders, including investors, customers, and regulators CRS manages the China Sustainable Energy Program, which provides international best practice guidance to Chinese organizations, including on distributed renewable energy generation, high-penetration renewable energy studies, wind and solar integration studies, dispatch order, and energy storage. We’ll help you meet your reporting deadlines and give you the insights needed to take action to improve building performance.

Opportunity Scheme)

utilities carbon compliance

That change http://romj.org/2020-0102 would be devastating for gas utilities’ business models, though it would provide growth opportunities for the electric utilities that are often owned by the same companies. Duke Energy recently said it will reduce emissions in its natural gas business to net-zero by 2030. We do expect gas utilities to recognize change is coming and to begin the hard work of questioning and planning for a new energy future.” As You Sow, a shareholder advocacy organization, recently said, “As investors, we don’t expect any natural gas utility to have all the answers now as to how it will evolve and thrive in a decarbonizing world that enables us to avoid the worst impacts of the climate catastrophe. Methane has a shorter atmospheric lifespan than carbon dioxide, but has a global warming potential that is 84 to 87 times greater.

  • But it’s far from clear if the technology is capable of reducing power-plant carbon emissions by 90 percent in a cost-effective way.
  • Teams are also working to increase our use of environmentally preferred fibers and have developed a forest carbon baseline and inventory by measuring the biogenic carbon of the company’s fiber mix across virgin wood fiber, recycled fiber, and sustainable alternative non-wood fibers.
  • ​“As we see increasing energy demand, we have a suite of technologies that can meet that demand, and do so in a way that’s cost-effective, that’s reliable, that provides grid resilience, and that’s clean.”
  • As a first step, our global business teams are working to determine how to reduce our use of traditional, fossil-fuel based plastics while enhancing the potential of our remaining plastics to be reused or recycled.
  • By implementing SECR and GHG reporting, you can gain a better understanding of your energy and carbon footprint, identify areas for improvement, and track your progress towards your sustainability goals.

This law sets forth new standards to reduce greenhouse gas emissions by adopting LEED certification requirements for building and renovation projects carried out by state agencies. SB 253 marks a pivotal move by California to bolster transparency and accountability in the greenhouse gas (GHG) emissions reported by businesses operating within the state. This legislation enhances the framework for energy usage data collection, benchmarking, and disclosure for buildings, demonstrating a collaborative effort across various state agencies.

utilities carbon compliance

When she’s not supporting Cleartrace customers and the Cleartrace product team, you can catch her outside – her favorite pastimes include gardening and fly fishing. Granular data acquisition and greater transparency for customers has the potential to be a key customer benefit if utility IT teams can start the work now, getting the data infrastructure in place to serve customers’ needs and prepare them for eventual disclosures. But utilities’ ability to provide granular data to their customers on procured energy will be just as vital in proving out clean energy supply and supporting customer companies’ ability to satisfy compliance requirements.

Climate commitments are important for gas utilities not only because the gas that they sell emits carbon dioxide when burnt, but also because methane leaks occur throughout gas extraction, transmission and distribution systems. The subsidies finally secured for the OVEC plants by HB 6 will charge up to $1.50 per month from Ohio’s electricity customers through 2030, with customer charges coming to about $450 million, according to the Energy News Network. AEP funded a 501(c)(4) dark-money group that contributed funding to Generation Now, the group at the center of the federal criminal complaint which charged the Ohio speaker of the House in a $61 million bribery scheme with the end goal of passing HB 6. AEP has a goal of reducing its emissions by 70% by 2030 from a baseline of 2000, which equates to a reduction of 9 million MT of CO2 equivalent (CO2e). A Union of Concerned Scientists report from this year found that regulated utilities in the Midwest alone overcharged their customers by at least $350 million in 2018 by selling them power from coal plants instead of from cheaper, cleaner resources.

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