Our dedicated team assists businesses in applying for contestability and managing the switch of electricity retailers ensuring a seamless transition and providing expert guidance along the way.
GHG Emissions Scope
Greenhouse Gas (GHG) refers to a group of gases, including carbon dioxide (CO2), methane (CH4), nitrous oxide (N20), and fluorinated gases, that contribute to greenhouse effect and global warming. These gases trap heat in the Earth's atmosphere, leading to an increase in average global temperatures and climate change.
Understand the different scopes of Greenhouse Gas (GHG) to identify and manage your carbon footprint. The three scopes are are categorised based on their operational control and influence.
Renewable Energy Certificates (RECs)
RECs represent green electricity produced using environmentally-friendly methods (such as solar, wind or hydro) in the form of certificates. Any clean energy producer in the world that produces 1 megawatt-hour of electricity can be issued one REC. Recognised by the Greenhouse Gas (GHG) Protocol Scope 2 Guidance, the certificate serves as proof that the electricity is sustainable, and is a commodity that can be traded.
Any organisation that wishes to use green energy but lacks the space and budget to invest in their own solar assets or other renewable energy sources, can buy RECs to offset their energy consumption.
By purchasing RECs, organisations purchase the use of zero-emission electricity as their own consumption is offset by renewable energy generated from clean energy producers around the world.
The fundamental difference is that carbon credits offset gaseous emissions while RECs negate energy consumption. Businesses should evaluate their business activities and the nature of its carbon emission.
For instance, a commercial building indirectly contributes to carbon emission via their electricity consumption. Purchasing a REC offsets energy consumption as the building would be using carbon-neutral electricity. On the other hand, a manufacturing company with production activities would directly generate greenhouse gases and is more suited to purchase carbon credits which help remove
GHG emissions.
Interested in reducing your carbon footprint with green energy?
SolarShare
With SolarShare, you can choose to buy or sell solar Singapore’s first-of-its-kind green energy trading platform, where solar energy is made accessible to homes and businesses through the national power grid.
energy. Who you want to trade with. And at what price.
To help you make informed decisions, SolarShare even allows you to track the demand and supply within the marketplace. Every data you need is visible, traceable, measurable.
Solar Photovoltaic (PV) Systems Purchase
Senoko Energy provides solar PV systems which can be mounted on roofs or integrated into the building facade to generate electricity.
We finance, own, operate and maintain the solar PV systems, so all you need to do is provide rooftop space and pay for the solar energy generated and consumed over the duration of your contract.
Solar Power Purchase Agreement (PPA)
Businesses without suitable rooftop space can opt for a solar power purchase agreement (PPA), which is a commercial finance solution to install a free, fully funded solar PV system off-site. It involves 2 parties: one business generating the solar energy and the other business purchasing it.
With a solar PPC, businesses only pay for the consumed solar energy generated, which will be set at a fixed agreed rate for a period of time. All investment and maintenance costs of installing the solar system offsite will be borne by Senoko Energy.
Singapore's EV Roadmap
The nation's strategic plan and vision for the widespread adoption of electric vehicles (EV).
Stay ahead in the EV game
Get ahead in the EV game and elevate your charging experience with the renowned Wallbox EV Charger (worth $6,800).
