There are many ways businesses can incorporate renewable energy into their business portfolio.
Some businesses work across the breadth of the offerings which includes:
Other businesses may invest initially in purchasing large-scale generation certificates, or carbon credits, as part of their first steps towards net zero.
Wherever you are on the renewable energy journey, we can help. We make choosing the right solutions simple so your business can improve its environmental footprint, optimise efficiency, and achieve your sustainability goals.
Meet your sustainability goals with 100% renewable energy from GreenPower. GreenPower is a national, independent scheme that offers the only government accredited renewable energy in Australia.
LGCs are created from large-scale renewable energy generation projects and used to offset project costs or sold to incentivise project development in Australia.
PPAs allow businesses to invest in their energy goals through on-site renewable energy projects, or via financial arrangements for larger projects, such as solar or wind farms.
Shell Energy’s experts can help you plan, design, and install small-scale or large-scale on-site renewable projects. We have significant expertise across engineering, project management, solar and battery installation, asset optimisation, as well as a team of qualified engineers with deep expertise in delivering on-site renewable energy projects.
Renewable energy projects on your site can generate electricity which can be used by your business. Large-scale generation certificates (LGCs), created as a result of these projects, can be used to offset project costs1.
Most common on-site large-scale energy projects are solar and wind projects, however other eligible projects can include landfill and sewerage gas eligible biomass.
Businesses can generate Small-scale technology certificates (STCs) for on-site small-scale renewable energy systems, administered by the Clean Energy Regulator2. Businesses benefit from the on-site electricity produced, as well as from the creation of certificates to help offset project costs.
STCs create a financial incentive to install small-scale systems by offsetting upfront installation costs3. STCs include solar panels (photovoltaics), solar water heaters, small-scale wind and hydro systems, and air source heat pumps.
Renewable Energy Certificates can assist businesses offset project costs, while carbon credits provide incentives to businesses to reduce, remove or avoid greenhouse gas (GHG) emissions.
Shell Energy can provide you with insights on each of the renewable energy certificate markets and assist you to maximise value across the different schemes, including providing certificate creation services for many of the available schemes.
Our energy engineers are trained in best practice energy measurement and verification methodology (International Performance Measurement and Verification Protocol).
We can also assist businesses to access carbon credits. We source credits from a mixed portfolio of Australian and carefully chosen international carbon credits so that we can supply you with a range of solutions to support your decarbonisation journey.
Renewable Energy Certificates are created as part of the Australian Government’s Renewable Energy Target Scheme. The Renewable Energy Target is intended to provide opportunities for renewable energy systems across a range of technologies and scales, and to allow flexibility for new and innovative business models4.
Eligible projects can generate large-scale generation certificates (LGCs) or small-scale technology certificates (STC) dependant on the size of the system, and the energy produced.
Typically, Small-scale technology certificates are used to offset upfront installation costs. Large-scale generation certificates are created to allow companies to surrender the certificates (as part of their decarbonisation goals), or to sell them to other parties who are looking to voluntarily offset their own energy use and emissions, or to energy retailers who are required to purchase them to meet their own obligations.
The Emissions Reduction Fund (ERF) is a voluntary Australian Government scheme that encourages businesses to undertake activities that reduce their carbon emissions by offering incentives5.
Businesses can participate in the ERF by reducing carbon emissions. For example, by improving energy efficiency, avoiding emissions of methane and nitrous oxide, or by converting methane into carbon dioxide which is a less potent greenhouse gas5.
Renewable energy projects, including the capture and combustion of landfill gas and agricultural waste, alternative treatment of organic waste and capture and combustion of biogas from wastewater, may also be eligible activities within the ERF fund.
Eligible activities under the ERF scheme6 can earn Australian Carbon Credit Units (ACCUs). ACCUs can be sold to offset project costs and generate income.
Offset your emissions and meet your environmental targets with carbon credits.
Government certificate schemes provide businesses with financial incentives to invest in energy savings projects.
Shell Energy’s Energy Solutions team works with you to decarbonise your business and kick-start your renewable energy projects.
1 Visit the Clean Energy Regulator website to understand LGCs eligibility criteria and scheme specifics.
2 Visit the Clean Energy Regulator website to understand STCs eligibility criteria and scheme specifics.