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Scope-2 Market-Based, EAC, i-REC,PPAs,RE100,Energy Exchange.
Rating: 4.1 out of 5(7 ratings)
21 students

Scope-2 Market-Based, EAC, i-REC,PPAs,RE100,Energy Exchange.

All you need to know about contractual instruments for buying solar/RE power, understanding i-REC and RE100.
Created byIshan Mehrotra
Last updated 6/2025
English

What you'll learn

  • Understanding what are Energy attribute certificates? For corporate sustainability professionals to identify right renewable procurement strategy for them.
  • Understanding bundled vs unbundled electricity, REC(Renewable Energy Certificates), i-REC, Guarantees of Origin, Power Purchase Agreement, Open Access etc.
  • Understanding mandatory requirements of GHG protocol as per Scope-2 guidance- for market based mechanism.
  • Understand from case study, how to calculate the emissions in different cases?
  • Understand RE100 acceptance criteria for EAC (Energy attribute certificates).
  • Understand how energy trading works by example of Indian energy exchange.
  • Enabling corporate companies to make decisions related to RE purchase, in-line with GHG programme like RE100, SBTi, CDP,etc.

Explore related topics

Course content

3 sections • 14 lectures • 2h 59m total length

  • Introduction: revisiting location & market based.13:08

    Introductory video where we revisit on scope-2 category, the doubts in the scope-2 category, location vs market-based classification over Wordpad.

    please download the resources

    1. course presentation.

    2. useful links.

  • Reference of GHG Protocol guidance standard.2:41

    1. GHG Protocol guidance standard.

    2. Recommend downloading the standard from the useful links file which you have downloaded from resource section of lecture-1.

Requirements

  • The learner should have understanding of concept of carbon accounting, organization and operational boundaries, IPCC, UNFCCC and requirement of calculating carbon footprints.
  • My first course on decoding GHG emissions for beginners covers them all. Learners may opt to complete that first and then coming to this course.

Description

Unlock Scope 2 emissions accounting jargon with our comprehensive video lecture series, designed for sustainability professionals, ESG analysts, and corporate sustainability/energy managers. This course delves into the market-based approach to Scope 2 emissions, focusing on key instruments like Energy Attribute Certificates (EACs), International Renewable Energy Certificates (I-RECs), Power Purchase Agreements (PPAs-physical and virtual), RE100 criteria, and the role of Energy Exchanges in renewable energy purchases.

Key Learning Outcomes:

  • Understand market-based and location-based Scope 2 accounting methods as per the GHG Protocol Scope 2 Guidance.

  • Explore the applications of EACs, including RECs, GOs, and I-RECs, in verifying renewable energy claims.

  • Learn how to use PPAs (physical, virtual), i-RECs/RECs/GOs/TIGRs to achieve RE100 and the Science-Based Targets initiative (SBTi) compliance.

  • Steps involved in trading of one i-REC certificate.

  • who are the parties involved in i-REC/REC/EAC trading?

  • Understand Energy Exchanges and their impact on corporate renewable energy sourcing strategies.

  • Helps corporate sustainability teams to enter into the correct type of RE instrument(bundled/unbundled) and align their scope-2 emissions with decarbonization.

  • This course also talks about the existence of RECs at the global level.

  • Equip yourself with the knowledge to enhance carbon accounting, ESG reporting, and sustainable energy procurement.

Who should take up this course:

This course is ideal for:

  • Sustainability consultants, accountants, EHS professionals, auditors, corporate sustainability professionals looking to transition into corporate roles.

  • Professionals transitioning into roles with ESG reporting and data gathering responsibilities.

  • IT professionals building products on sustainability.

Who this course is for:

  • This course is tailored for early-career professionals, accountants, consultants, and sustainability practitioners, equipping them with the skills to procure renewable energy from market, either via PPA or via energy trading platforms.

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