Interview summary
In a recent interview with Renewable Energy Magazine, Renewabl’s CEO JP Cerda explained how the Greenhouse Gas Protocol is shifting from annual to hourly accounting for Scope 2 emissions, aiming to make renewable energy reporting more accurate by matching consumption with clean generation on an hourly basis rather than just over a year. This proposed change is gaining traction because grids now have much higher renewable penetration than they did a decade ago, and annual matching can miss when clean energy is actually available.
JP walked through why this matters for corporate energy buyers and the way they think about clean power. He noted that firms are now less focused solely on building new renewable assets through traditional long-term Power Purchase Agreements (PPAs) and more concerned with avoiding greenwashing and ensuring their contracts are traceable to specific assets, even if those assets are already operational.
The interview also explored how the UK’s Contracts for Difference (CfD) scheme is influencing the market. While its intent is to support renewable generators, JP argued it can reduce project availability for corporates seeking direct contracts, and may dampen incentives for innovation and new asset development because revenue is locked in for long periods.
Full interview on Renewable Energy Magazine
For a deeper dive, read the full interview on Renewable Energy Magazine.
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