(C8.2k) Describe how your organization’s renewable electricity sourcing strategy directly or indirectly contributes to bringing new capacity into the grid in the countries/areas in which you operate.
Question dependencies
This question only appears to RE100 members
Change from last year
New question
Rationale
Renewable electricity sourcing mechanisms differ in the impact they have on the grid in the market where the electricity is consumed. This question informs data users about the contribution that RE100 members’ sourcing strategies make to driving new renewable electricity capacity.
Connection to other frameworks
SDG
Goal 7: Affordable and clean energy
Goal 12: Responsible consumption and production
Goal 13: Climate action
RE100
Response options
This is an open text question with a limit of 5,000 characters.
Requested content
General
- Explain how your organization’s renewable electricity sourcing strategy has a positive impact on the renewable electricity market in countries/areas in which you operate by directly contributing to bringing new capacity into the grid.
- The impact categories for different renewable sourcing mechanisms are as follows:
- Direct impact is the result of a sourcing strategy that directly enables or finances a new renewable electricity asset, or part of it, either through investment or through a financial commitment from the sourcing entity (e.g. long-term power purchase agreement).
- Indirect impact is the result of a sourcing strategy where the sourcing is not directly financing or enabling new renewable electricity capacity, but which could be indirectly incentivizing the development of new capacity through other mechanisms (e.g. sending important market signals).
- Please refer to the RE100 Leadership Paper on impactful procurement for more information.
