ROAD TO NET ZERO: RENEWABLE ENERGY CREDITS

Synopsis

Several publications have suggested, the most common step taken by corporate players is to establish a net zero target, supported by the sharp increase in the uptake of these targets in recent times. Setting a net zero target is only the initial stage; plans like the integration of Environmental, Social and Governance (ESG) into investor strategies are examples of approaches taken to achieve these set goals. Aside from strategies and targets, companies needed measurable information that they could use to track and showcase to the market and renewable energy credits are just that.

Carbon Credits and Renewable Energy Credits (RECs) indicate the reduction of a firm’s carbon emission in a quantifiable and verifiable manner. They are a major part of the renewable energy industry and are, hence, more commonly used in business environments. Additionally, they prove to be beneficial in forest restoration, ecosystem protection and lowering the dependence on fossil fuels.

The aim of this event is to highlight what carbon and renewable credits are, their purpose in the industry and the benefits of using them.

Programme

2.00 pm 

Registrations Open

2.30 pm 

Welcome Remarks by EuroCham

2.35 pm 

Opening Remarks by Gavin Adda (TotalEnergies)

2.50 pm 

Moderated Panel Discussion and Q&A by Gavin Adda (TotalEnergies)

• Topic 1 – Regulatory Frameworks around Renewable Energy Credits
• Topic 2 – Market overview, Challenges and Success stories
• Topic 3 – REC exchange, Complexities of managing demand across multiple countries
• Topic 4 – RECs from Buyer’s Perspective, a corporate strategy to achieve Net-Zero?

3.35 pm 

Conclusions by Gavin Adda (TotalEnergies)

3:50 pm 

Closing Remarks by EuroCham

The organisers reserve the right to change the programme content without giving prior notification or any reasons thereof.

Panelists

Kang Jen Wee
CEO & Founder
T-RECs.ai

Jen Wee has spent his 18 years career in the renewable sector, holding sales and account management roles in various companies across the solar value chain (solar equipment manufacturer, solar modules manufacturer, solar project development). In 2018, Jen Wee started T-RECs.ai, pioneering the development of the RECs market in Singapore and across the Asia region. In 4 years, he has built the company to the largest Asia RECs marketplace, with access to RECs supply across 9 countries.

Jay Mariyappan
Co-founder and Partner 
Evolution Environmental Asset Management LP (EEAM)

Jay is a Co-founder and Partner at Evolution Environmental Asset Management LP (EEAM), a US-based cutting-edge asset manager at the intersection of traditional investment funds and environmental markets. He heads global project development and is a co-portfolio manager with investments focused on three key impact areas – Biodiversity, Community and Climate. He has more than 20 year’s experience investing in and developing clean energy and decarbonization projects, portfolios and companies in over 30 countries for leading energy companies and financial institutions, and across industries including power, transport, oil and gas, iron and steel, cement, mining, waste management, forestry and agribusiness.     

Craig Morgan
Group Managing Director
Northmore Gordon

Craig Morgan is an engineer and business owner with 25 years of experience in energy efficiency and decarbonisation for industry and the built environment. He is based in Singapore and has experience working across the Asia Pacific. Recently he assisted over 20 large manufacturing companies in Singapore to complete their Energy Efficiency Opportunity Assessments and is now assisting them to implement the recommendations and measuring the carbon abatement achieved. Craig is a Certified M&V Professional which is used for measuring and verifying carbon offsets, energy savings, and renewable energy production.

Moderator

Gavin Adda 
CEO
TotalEnergies Asia

Gavin Adda is the CEO of TotalEnergies Renewables (DG) for Asia Pacific and Co-Chairman of the Sustainability Committee at the European Chamber of Commerce, Singapore.