The New Zealand Energy Certificate System
All of Lodestone’s solar farms are registered on the New Zealand Energy Certificate System (NZECS) operated by BraveTrace. Through the NZECS, Lodestone issues internationally recognised Renewable Energy Certificates for every megawatt-hour (MWh) of solar electricity generated by our solar farms. These Certificates are then allocated to our customers based on their electricity consumption throughout the year.
The system does not influence the physical distribution of electrons in the grid, but does enable Lodestone to ‘ringfence’ and match certified renewable energy generated by our farms to our customers’ consumption.
Globally recognised sustainability standard
Our renewable solar energy complies with RE100 and allows a company to report their market-based Scope 2 emissions as zero in accordance with the GHG Protocol’s Scope 2 Guidance.
This is a recognised standard for Toitū’s carbonreduce, net carbonzero and climate positive certifications. It is also recognised by international standards including, Climate Disclosure Project (CDP), Science Based Target initiative (SBTi), BCorp and Climate Impact Partners.
We trade renewable energy certificates
The Certificates Lodestone earns from its renewable energy generation are tradeable instruments that can be sold and transferred to retailers, brokers or end-users. Get in touch if you’d like to learn more about how Lodestone’s Renewable Energy Certificates can help your organisation achieve its sustainability goals.