Operational
Rules governing the certification of electricity production
This section contains both the document that explains the key processes and standards that govern the New Zealand Energy Certificate System (NZECS) – Version 3.1, and the NZECS rule changes decision paper (a high-level summary of changes introduced in the new version of the Rules).
Operational
Rules governing the certification of gas production
This rules set provides the basis for provision of gas certification in New Zealand. This is the preliminary rules version, to be developed over time in conjunction with industry stakeholders.
Guidance, Operational
Annual Residual Supply Mix (RSM) for Aotearoa New Zealand – PY24
The annual RSM has now been calculated for PY24 (1 April 2023 to 31 March 2024). This was the fifth year in which NZ-ECs were transacted in New Zealand, and the difference of the RSM from the National Supply Mix (NSM) continues to grow in line with growth in the number of transacted NZ-ECs. Read the full publication here.
Guidance
Information Sheet on New Zealand Energy Certificates (NZ-ECs)
If you would like to get a better understanding of the NZECS and New Zealand Energy Certificates (NZ-ECs) including how they are traded, factors that influence their value, and how they can be captured in your carbon reporting, then please free to read and share our information sheet.
Guidance
NZECS Participants, Registrants and Energy Users
A description of the roles of a Participant, Registrant and Energy User
Operational
NZECS Production Year Timeline
This graphic shows the different phases in the Production Year (PY) timeline. The shorthand for a Production Year is ‘PY24’ where end-of-year date is used to indicate the relevant production year. For example, ‘PY24’ refers to the production year that runs from 1 April 2023 to 31 March 2024.
User Group
BraveTrace User Group Nomination Form
All NZECS Registrants and Participants are invited to nominate a person from their organisation to be a member of the BraveTrace User Group. Please complete the Member nomination details and attach this form to an email addressed to . If you would like to nominate multiple people from your organisation please complete a separate form for each person.
User Group
BraveTrace User Group Terms of Reference
The purpose of the BraveTrace User Group (User Group) is to provide advice to BraveTrace on the future design and operation of the NZECS, ensuring that it meets the evolving needs of its users (both direct and indirect users of the NZECS), remains consistent with international standards, integrates well with the New Zealand energy market, and leads to impactful energy procurement.
User Group
BraveTrace User Group – Slidepack, August 2024
The Slidepack from the first BraveTrace User Group meeting in August 2024.
User Group
BraveTrace User Group – Minutes, August 2024
Minutes from the first BraveTrace User Group meeting held in August 2024.
User Group
BraveTrace User Group – Agenda, August 2024
The agenda for the first BraveTrace User Group meeting that took place at the end of August 2024.
Guidance
How Power Purchase Agreements (PPAs) and the NZECS work together
Power Purchase Agreements (PPAs) are a type of electricity purchase arrangement that reduce consumer price risk and support the development of new electricity generation. In recent years, there has been a notable surge in PPAs amongst New Zealand businesses.
Guidance
Energy Certificates And Reporting – A Guide Commissioned by NZECS
This report describes the most commonly-used corporate reporting frameworks in NZ, their linkages to each other and their relationship to EACs.
Operational
Energy User Registry Access Terms
The Registry is an online service managed by Certified Energy, where certificates are transacted and tracked.
Guidance
The Role of Energy Attribute Certificates in Greenhouse Gas Emissions Reporting
This paper demonstrates the basis for recognition and use of EACs (including NZ-ECs) by parties wishing to purchase renewable energy and reduce their greenhouse gas emissions.
Operational
Template Sale and Purchase Agreement
We have developed a template Sale and Purchase Agreement that purchasers and sellers of New Zealand Energy Certificates may use.
Operational
Template Terms of Use
You may access and use the Templates provided by BraveTrace for your own lawful business purposes in accordance with our Terms of Use.
Operational
System Updates
This page contains periodic announcements related to the operation of the New Zealand Energy Certificate System. Examples of announcements posted on this page include updates to the NZECS registry and production year key dates.
External
Scope 2 Emissions – is your reporting complete?
KPMG Scope 2 Emissions – is your reporting complete? Whether you are reporting your emissions to comply with the mandatory framework or making voluntary disclosures, if you are an organisation operating in New Zealand and stating compliance with the GHG Protocol Standards, your Scope 2 emissions from purchased energy should be reported under both the…
External
GHG Protocol Scope 2 Guidance
GHG Protocol Scope 2 Guidance The Corporate Standard requires organizations to quantify emissions from the generation of acquired and consumed electricity, steam, heat, or cooling (collectively referred to as “electricity”). These emissions are termed “scope 2” and are considered an indirect emissions source (along with scope 3), because the emissions are a consequence of activities…
External
RE100 Technical Criteria
RE100 technical criteria + appendices The RE100 technical criteria are the rules that member companies of the RE100 campaign observe when procuring renewable electricity and defining their progress towards their RE100 targets. The technical criteria may also be used by any corporate buyer as a guide for procurement of renewable electricity and making claims to…
External
Renewable Energy Reporting: Challenges and opportunities in New Zealand
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.
External
CDP Technical Note: Accounting of Scope 2 emissions
Many countries’ governments will publish a scope 2 location-based emissions factor for their grid(s). The International Energy Agency (IEA) maintains a list of scope 2 location-based emissions factors.