Clean Energy Accounting Project (CEAP)
As more companies and communities throughout North America set goals to improve environmental performance through greater adoption of clean energy, they are often constrained by a lack of consensus in the measurement of renewable energy and greenhouse gas impacts of certain energy-related activities. Without the ability to accurately measure the performance of their clean-energy transition, these entities cannot effectively manage it.
In the Fall of 2020, the nonprofit Center for Resource Solutions began an initiative to address targeted instances of inconsistent or undefined accounting and provide standardized, stakeholder-reviewed guidance that companies and communities can use to accurately and transparently measure progress toward their sustainability goals. Called the Clean Energy Accounting Project (CEAP), this initiative:
- reviews current standards and accounting practices
- gathers feedback from diverse stakeholders
- convenes workshops with industry experts to identify consensus
- documents and promotes best practices
- provides educational resources
Accounting for Default-Delivered Renewable Energy
The different approaches to accounting for renewable energy and associated greenhouse gases (GHGs) delivered through the grid by default are creating uncertainty for companies committed to meeting energy and GHG emissions targets. Specifically, they are looking for clear and consistent guidance on the right accounting methods to use, and the types of claims that are valid under these approaches.
For more information about the Clean Energy Accounting Project (CEAP) or to suggest a topic for future consideration, contact the project lead:
Center for Resource Solutions