Glossary

Green Energy Purchasing

By March 2, 2022No Comments

Voluntary purchase of renewable energy – usually electricity, but also heat and transport fuels – by residential, commercial, government or industrial consumers, either directly from an energy trader or utility company, from a third-party renewable energy generator or indirectly via trading of renewable energy certificates (such as renewable energy credits, green tags and guarantees of origin). It can create additional demand for renewable capacity and/or generation, often going beyond that resulting from government support policies or obligations.