The purpose of this note is to set out the considerations that organisations in New Zealand should make when evaluating their potential use of renewable energy, through the use of market-based instruments, such as RECs. The introduction of mandatory climate disclosures in New Zealand is encouraging a wider range of organisations to think about the options they have available to help them reduce their emissions footprint. These discussions are bringing the use of RECs into sharper focus for New Zealand organisations.
(‘Renewable Energy Reporting: Challenges and opportunities in New Zealand’, EY, June 2024 p.2)