SAN FRANCISCO, CA (May 23, 2022)—Center for Resource Solutions‘ (CRS’s) Clean Energy Accounting Project (CEAP, pronounced see-app) announced today the establishment of a new Advisory Committee tasked with scaling up efforts to resolve outstanding accounting questions, which discourage clean energy development. The CEAP Advisory Committee will help define focus areas, recommend project priorities, and review draft publications.
In total, the Advisory Committee will comprise three Founding Partners—Apple, Entergy, and Meta—and approximately 20 additional leading climate- and clean energy–focused organizations and corporations from diverse sectors with unique expertise in technology solutions, energy generation and market dynamics, clean energy and carbon accounting standards, sustainability best practices, and corporate boardroom decision making.
“As Apple accelerates the use of clean power across its global supply chain, it’s more important than ever that businesses can rely on accurate accounting and proven tracking frameworks for energy projects and emissions,” said Bessma Aljarbou, Head of Supplier Clean Energy Program at Apple. “By developing consensus-based standards and best practices, CEAP will empower more businesses to focus on the urgent work ahead: driving the transition to a green economy.”
“Entergy has plans for 11,000 megawatts of renewable energy capacity by the end of 2030 and we’re helping our customers meet their own goals for reducing greenhouse gas emissions,” said Andrew Dornier, Manager, Fuel Supply, at Entergy. “CEAP is critical to developing accounting standards that will help ensure a diverse group of stakeholders advance clean energy. Since many utilities’ customers operate nationally and internationally, the questions and challenges surrounding clean energy accounting will be best addressed collaboratively. We are pleased to join CRS and the other Founding Partners in these efforts.”
“At Meta, we know that reaching our goal of net zero greenhouse gas emissions across our value chain in 2030 requires partnerships,” said Holly Lahd, Energy Manager at Meta. “We also know that clear and credible accounting guidance can help unlock the next decade of climate change investments. CEAP will be a crucial resource for organizations working through the details of clean energy accounting to drive climate progress, and we are pleased to support CEAP as a Founding Partner.”
Our experienced Advisory Committee will also oversee and participate in working groups that tackle immediately relevant accounting questions around 24/7 procurement, residual grid mix, supply chain and Scope 3, and storage—among other evolving issues. The initial group of members includes:
Clean Energy Buyers Institute
Clean Energy States Alliance
U.S. EPA’s Green Power Partnership
“CEAP is a natural extension of CRS’s work and expertise in removing barriers to grid decarbonization with consensus building and education,” said Jennifer Martin, CRS Executive Director. “Bringing in different perspectives to address outstanding questions in voluntary and regulatory markets is key to finding answers. The clean energy transition is an economy-wide endeavor and requires an economy-wide response.”