Shell Energy launches new platform to help businesses meet their renewable energy targets

Large commercial and industrial businesses will be able to take charge of their renewable energy targets more easily via a new platform being launched by Shell Energy.

With Renewable Energy Contracting Options (RECO), business customers can progress towards their renewable energy targets by making RECO purchases and Shell Energy will surrender Large-scale Generation Certificates (LGCs) matched to their chosen percentage of electricity volume on the platform.

The new platform will also allow customers to make purchases linked to a specific large-scale renewable energy project within Shell Energy’s portfolio and generate data to assist with reporting on the Shell Energy portal.

“Australian businesses are increasingly setting ambitious targets to reduce or eliminate carbon emissions, under national and global schemes such as RE100, Climate Active and Science-Based Targets Initiatives,” Shell Energy Australia CEO Tony Keeling said.

“RECO is an innovative platform that takes the complexity out of renewable energy and is another way we are helping our customers on the road to their net zero emissions targets.

“Shell Energy has a proven track record in delivering innovative solutions for customers to take control of their energy usage and costs, including our STEP (Strategically Timed Electricity Procurement) platform where customers can lock in energy prices when prices are lower. RECO is an example of how we’re providing the energy our customers need today, while helping them navigate the energy transition.”

Related Content:


Shell Energy tops UMI customer satisfaction survey for 13 years running

14 February 2024

For the 13th consecutive year, Shell Energy Australia has been ranked number one for customer satisfaction in the Utility Market Intelligence (UMI) survey.

Read more

New Shell Energy Australia CEO appointed

6 February 2024

Tony Keeling was appointed CEO of Shell Energy Australia in January 2024, following two years as CEO of Shell Energy Retail Europe.

Read more
Renewable Energy

The role environmental certificates play in the decarbonisation journey

10 June 2024

Learn more about the role environmental certificates play in helping increase the amount of renewable energy in your energy mix.

Read more
Subscribe to Insights