Beyond the MegawattPrinciples for purpose-driven energy procurement
Energy customers and their partners have played a critical role in driving the evolution of the energy market by voluntarily procuring over 64.5 gigawatts of new clean energy capacity in the U.S. and, increasingly, across the global electricity system.
A heightened focus on carbon impacts of procurement has accentuated the fact that not all clean energy is created equal. Industry-leading companies are now seeking to advance standards to integrate environmental sustainability, resilience, and social considerations in procurement decisions.
Established by leading energy stakeholders, the Principles for Purpose-Driven Energy Procurement are aspirational considerations for industry stakeholders to individually and independently evaluate and integrate the maximization of clean energy procurement benefits. While non-binding, the Principles signal an evolution in the energy customer decision-making approach leveraged when engaging energy developer and provider partners to identify impactful clean energy projects.
Download the full Principles for Purpose-Driven Energy Procurement
Signatories
The Principles
Environmental Sustainability
Guiding Principle:
Respecting and conserving our lands, waters, and biodiversity through avoidance, minimization, and mitigation measures when siting, designing, developing, and operating clean energy projects.
Resilience
Guiding Principle:
Valuing the long-term efficiency and adaptive capacity of our energy systems to a changing environment by increasing investments in the resilience of regional grid infrastructure and clean energy supply chains.
Social Equity
Guiding Principle:
Advancing an equitable and just energy transition that upholds human rights and empowers and restores communities — including historically marginalized and frontline communities who have been harmed by energy development — and ensures those communities are active participants, decision-makers, and beneficiaries across all stages of the project life cycle.