Additionality, Additionality, Additionality that is what most companies wanting to go green are interested in. Today on The Green Insider you will learn more about Additionality Renewable Energy Credits (AREC).
On episode 232 Jason Beck, a founding member of Zettawatts explains why he and Scott Case started Zettawatts. With a focus on scope 2, corporate renewable energy buyers now can reduce their scope 2 by purchasing an Additionality REC.
The AREC market checks all the boxes: investment, timing pre-COD, and is the product more impactful than what is currently being used. The Zettawatts AREC can be retired through a registry, can be locked in for 5-to 10- years, can be set at a fixed price/quantity, and it can be defined to pin-point the project the AREC came from.
With an AREC there is no greenwashing and no double counting involved.
More about Jason
Jason is a Founding Member at Enerex, where he fused his knowledge of both Suppliers and Brokers within the energy space to help create a software company that is building a hub and spoke business model to create efficiencies for all Energy market participants. Driven by his commitment to sustainability and a desire to contribute to a greener future, Jason seeks to use his diverse skill set and experience within the Cleantech or Energy Transition space. With his vast knowledge of Energy Marketing and relationships with Energy Supplier’s and Energy Consultants, he joined Zettawatts as a Founding Member to help bring more Renewable Energy Generation to combat climate change through the grid transition.
Zettawatts overview
Zettawatts’ mission is to accelerate the deployment of new renewable energy projects by providing corporations a high-impact, low-risk way to back new U.S. projects to meet their sustainability goals. The company’s flagship product is the Additionality REC Market where sustainability leaders sign forward contracts to purchase 5- or 10-year strips of fixed-price Additionality RECs from projects currently under development. The AREC Market enables users to plan, budget, review REC price forecasts for 20+ voluntary & compliance RECs and make AREC offers and bookings. More at zettawatts.com.
