There is a powerful discussion surrounding climate change, emboldening change in people’s perception regarding urgent action. We have come up with meaningful solutions, with the increasing support for renewable energy sources that have tremendous benefits to the environment and to the economy. This includes green power. 

The U.S. Environmental Protection Agency (EPA) defines green power as “subset of renewable energy and represents those renewable energy resources and technologies that provide the highest environmental benefit.” This energy source generates electricity from solar, wind, geothermal, biogas, eligible biomass, and low-impact small hydroelectric sources. The agency also notes that it is a preferred choice by customers for its “zero emissions profiles and carbon footprint reduction benefits.”

Some of these benefits include supporting renewable energy development (either directly or indirectly) and hedging against future electricity price increases and volatility (for certain products). Organizational users procuring green energy can use it to serve as a brand differentiator; generate customer, investor, or stakeholder loyalty and employee pride; create positive publicity; and demonstrate civic leadership.

Buying green power is a significant step towards switching to green energy. Here are key areas to consider:

• Green power supply option availability
• Procurement scope 
• Eligible green power resources
• Length of commitment
• Purchase components
• Resource mix
• Environmental attribute ownership
• Environmental claims
• Financial incentive
• Price and price structure
• Impact on new supply
• Certification and verification 

One of the most common renewable energy sources in the United States is wind energy, which accounted for 6.3% of the total electricity generation and is steadily growing. Offshore wind turbines are the ones that capture strong winds off of coastlines. When properly harnessed and through adequate infrastructure and technology, it can potentially provide more than 2,000 gigawatts of electricity. 

Finding the most suitable green power sources and diversifying your supply options allow you to customize your approach to meet your financial, operational, and environmental objectives.