Introducing moREnewable100: Worldwide Renewable Energy Has Never Been Cheaper

Published: April 2, 2025.

Introducing moREnewable100: Worldwide Renewable Energy Has Never Been Cheaper

moREnewable100 is our service for procuring renewable energy certificates without changing existing electricity supply contracts. It offers multi-site coverage, procurement flexibility, RE100-aligned sourcing, and technology and due-diligence support. The service allows organizations to purchase unbundled renewable certificates - including I-RECs, REGOs, LGCs, and other instruments across markets like Australia and Asia - to match electricity consumption and support renewable-electricity claims independently of physical power arrangements.

Interested to know more about moREnewable100 and the benefits to your business, please complete and submit the form here or contact Sid Bansal - Corporate Decarbonisation Manager.

When it comes to renewable energy procurement, the landscape can be complex. At Northmore Gordon, we make it simple and strategic. Unbundled International Renewable Certificates (RECs) allow businesses to credibly claim renewable electricity use, regardless of their location. Let's break down how we help clients navigate this process with confidence.

Understanding Bundled vs. Unbundled RECs

RECs can be bundled with physical electricity supply or unbundled, sold separately from electricity. Unbundled RECs offer flexibility, allowing companies to procure renewable energy attributes independent of physical power contracts.


moREnewable100: A Cost-Effective Solution

Businesses with global operations face challenges in reducing Scope 2 emissions across diverse regions. Thanks to unbundled RECs and Power Purchase Agreements (PPAs), companies can now access renewable energy affordably and flexibly.


What Is moREnewable100?

moREnewable100 involves purchasing unbundled RECs to match electricity consumption across locations. Benefits include:

  • Ensuring compliance with sustainability targets
  • Accessing renewable energy globally at competitive rates
  • Avoiding upfront capital investment
  • Maintaining flexibility across jurisdictions
  • Flexible single or multi-year contracting for certainty
  • Fast to deploy

moREnewable100: A Global Decarbonisation Strategy

Unbundled RECs enable multinational companies to match consumption with renewable generation, even where onsite renewables or PPAs aren't feasible. Northmore Gordon recently assisted a leading financial services company in covering its Australian and international offices, reducing Scope 2 emissions to zero efficiently.


Key Considerations When Buying RECs

Our guide on "Decisions to Make When Buying RECs" highlights:

  • Geographic Matching - Aligning purchases with operational locations.
  • Certification & Credibility - Ensuring RECs meet recognised standards.
  • Cost Optimisation - Leveraging market trends for competitive pricing.
  • Impact Transparency - Demonstrating contributions to renewable investment.

Origination and Sale

Companies generating surplus renewable electricity can monetise their energy attributes. Northmore Gordon facilitates EAC registration and market placement, ensuring optimal pricing. Through our Singapore office, we originate I-RECs for projects in Singapore and Asia, with access to global REC markets and surrender capabilities to meet sustainability goals. In Australia we originate LGCs for domestic and international customers to surrender.

Benefits of Unbundled RECs

Unbundled RECs offer businesses:

  • Global Accessibility - Procure RECs worldwide to support clean energy.
  • Credible Sustainability Claims - Ensure carbon reduction goals are met.
  • Cost Savings - A lower-cost alternative to physical renewable projects.
  • Enhanced Reputation - Strengthened brand perception among stakeholders.
  • Revenue Opportunities - Monetising

With REC prices declining globally and Australian LGCs dropping 50% from a year ago, now is the time to optimise your renewable energy procurement strategy.

Risks of Inexperienced Providers

Partnering with an inexperienced REC provider can lead to:

  • Regulatory Non-Compliance - Risk of penalties due to improper procurement.
  • Financial Loss - Overpaying due to poor market knowledge.
  • Market Instability - Procurement timing mistakes leading to higher costs.
  • Poor Documentation - Hindering sustainability reporting and making audits more challenging.
  • Missed Revenue - Misjudging market conditions, leading to lower-than-expected returns from REC sales.
  • Fraud Risks - Not all low-cost RECs are fraudulent, but double counted RECs are.


Why Choose Northmore Gordon?

With deep expertise in energy markets and sustainability consulting, Northmore Gordon simplifies REC transactions, ensuring businesses achieve renewable energy commitments efficiently.


For companies with global operations, unbundled RECs provide a scalable, cost-effective solution for reducing Scope 2 emissions. Contact us to explore tailored solutions that align with your sustainability and financial objectives.

Northmore Gordon has access to a wide range of RECs, including I-RECs, TIGRs, RECs, REGOs, GOs, LGCs, NZECs, J-Credits, and more.


Disclaimer: The information in this article is general only and has been prepared without considering your business' particular circumstances and needs. You should assess or seek advice from Northmore Gordon Environmental (AFSL 533927) on whether it is appropriate for your business's objectives.

Scheme and certificate context

Before using a certificate or grant figure, confirm the current scheme method, eligible activity, effective date, evidence requirements, price date and registration or application process.

What is moREnewable100?

moREnewable100 is our service for procuring renewable energy certificates without changing existing electricity supply contracts. It offers multi-site coverage, procurement flexibility, RE100-aligned sourcing, and technology and due-diligence support. The service allows organizations to purchase unbundled renewable certificates—including I-RECs, REGOs, LGCs, and other instruments across markets like Australia and Asia—to match electricity consumption and support renewable-electricity claims independently of physical power arrangements.

Why is the starting point for moREnewable100 engagement documenting the intended claim?

The intended claim determines which instruments, markets, periods and commercial arrangements are appropriate. Organizations should document the organization, consumption period, electricity volumes, site locations and reporting framework before selecting certificates solely on price. Whether the purpose is a renewable-electricity claim, market-based Scope 2 accounting, a voluntary commitment or another objective fundamentally shapes instrument eligibility, ownership evidence, retirement treatment and the supporting calculation. This upfront clarity prevents misaligned procurement.

What evidence should be gathered before procuring renewable certificates through moREnewable100?

A suggested procurement evidence checklist includes site consumption and market boundaries, reporting period, instrument type and generation location, ownership and exclusive claim rights, registry and transfer records, retirement or cancellation evidence, beneficiary and multi-site allocation, the proposed public statement and calculation basis, and contract terms including price assumptions and responsibilities. We recommend submitting this checklist as a project brief to initiate environmental certificate assessment and ensure all compliance and accounting requirements are addressed before procurement.

How does moREnewable100 differ from simply buying physical renewable electricity?

moREnewable100 procures renewable electricity attributes separately from physical power supply, enabling organizations to retain existing electricity retailer arrangements while obtaining certificates to support renewable claims. A renewable-electricity attribute is distinct from carbon offsets or physical fuel consumption reductions. The service addresses purchased electricity within GHG Protocol Scope 2 accounting frameworks, which specify quality criteria for contractual instruments. This flexibility allows multi-site coverage and procurement timing independent of power contract renewals.

What should organizations understand about renewable certificates and Scope 1, 2 and 3 emissions?

Renewable-electricity certificates address Scope 2 (purchased electricity) emissions through market-based accounting but do not eliminate Scope 1 (direct) or Scope 3 (value-chain) emissions. Organizations should establish the instrument's specific role and the claim it supports rather than describing a renewable-electricity purchase as eliminating every emissions category. Our carbon advisory services help connect emissions inventories with procurement decisions, ensuring that certificate selection matches the applicable reporting framework and the organization's actual emissions boundaries and reduction pathways.

How does moREnewable100 support RE100 alignment?

The service is described as providing RE100-aligned sourcing, meaning its procurement criteria and instrument selection can support organizations committed to the RE100 renewable electricity framework. However, specific instruments and claims still require verification against applicable RE100 requirements; the service does not automatically certify RE100 compliance. Organizations should confirm that selected certificates meet RE100's detailed sourcing criteria, including geographic matching, certification standards, and impact transparency requirements, before relying on the procurement as proof of RE100 eligibility.

What role does environmental-attribute due diligence play in moREnewable100 procurement?

Environmental-attribute due diligence is an assessment process to verify the integrity and validity of purchased renewable certificates before procurement and retirement. It ensures that selected instruments meet recognized standards, are not double-counted or fraudulently claimed, and align with the organization's reporting framework and sustainability claims. We include technology and due-diligence support as part of the moREnewable100 service, helping organizations avoid regulatory non-compliance, financial loss from overpayment, poor documentation, and fraud risks such as certificate double-counting.

Can moREnewable100 help companies monetize surplus renewable electricity they generate?

Yes. We facilitate Energy Attribute Certificate (EAC) registration and market placement for companies with surplus renewable electricity. Through its Singapore office, the firm originates International Renewable Energy Certificates (I-RECs) for projects in Singapore and Asia. In Australia, it originates Large-scale Generation Certificates (LGCs) for domestic and international customers. This service allows organizations to capture revenue from renewable generation attributes while supporting the broader renewable energy market, ensuring optimal pricing through market knowledge and established placement channels.

What is the practical difference between certificate quantity, price and eligibility in a moREnewable100 business case?

Certificate quantity, eligibility, verification cost and sale price are separate variables that should not be assumed interchangeable. A base case without unconfirmed certificate proceeds should be compared with a scenario that includes incentive revenue. Organizations should avoid promising certificate prices or payback periods based on historical cases, as market conditions, regulatory changes and scheme eligibility criteria vary by period and jurisdiction. Our investment-case guidance emphasizes presenting projects with and without conditional support so management understands resilience if market conditions or eligibility changes.

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