Dear Howard and MikeDiamond
thank you for this helpful thread. However, RE100 defines “Renewable Energy” not by an intensity metric but rather by energy sources:
Wind;
• Solar;
• Geothermal;
• Sustainably sourced biomass (including biogas); and
• Sustainable hydropower.
In this post by Eoin from Apr22 it is mentioned, that nuclear energy is considered “renewable” due to its low emission intensity.
Since we are currently a Situation where our portfolio for “Corporate Loan for electricity generation” has a very low emission intensity already: (0,019 tCO2e/MWh) (but there is some “non renewable according to RE100” gas peakers in the portfolio) we were wondering whether this is now considered:
- Already renewable due to it’s low emissions intensity → therefore we set a maintenance target
- Is not considered renewable → therefore we set a “normal SDA”
Any help on this question would be highly appreciated. I am looking forward to hearing from you.
- Frenky