5 with every SOP. These include a clear and descriptive title;the name of the author or person responsible for the SOP;and the date on which the SOP or revision becomeseffective. Businesses that use many SOPs should adopt alogical numbering scheme for filing and to keep track ofrevisions.
What is a Renewable Energy Certificate (REC)? What is a Renewable Energy Certificate (REC)? A renewable energy certificate is simply the approved method for transferring, trading, selling or buying the environmental benefit associated with renewable energy. To understand renewable energy certificates, you first need to understand what makes renewable energy desirable, as well as a little about how electricity is transmitted. Renewable energy is basically: Renewable energy needs to be separated into these two parts because of the nature of the energy grid.
RECs only represent a fraction of the total value of a renewable energy project and are typically contracted for no more than two to three years, whereas negotiating a PPA for 15â20 years guarantees a long-term revenue streamâwhich represents significant financial value to project developers.urrently 14% of the Fortune 100. Why the Worldâs Largest Companies Are Investing in Renewable Energy 11 has set a specific renewable energy commitment. However, 41% of the Fortune 100 has yet to set either a renewable energy commitment or a GHG emissions reduction commitment.