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Navigating the Nuances of Corporate Renewable Electricity Procurement
The report finds that many major companies rely on low-impact Renewable Energy Certificates (RECs) that do not contribute to additional renewable capacity. While some are transitioning to Power Purchase Agreements (PPAs) or 24/7 hourly matching, global initiatives like the GHG Protocol and RE100 are criticized for providing insufficient incentives for these higher-quality strategies. Additionally, supply chain renewable electricity remains a significant gap for most assessed companies.
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Document type: Executive summary
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