White Paper - Beyond Carbon-Free: A Framework for Purpose-Led Renewable Energy Procurement and Development

Crafted by renewable energy experts at LevelTen Energy, which operates the world’s largest renewable energy marketplace, and conservation experts at The Nature Conservancy and The National Audubon Society, we bring you Beyond Carbon-Free: A Framework for Purpose-Led Renewable Energy Procurement and Development. This white paper advances the industry’s ability to build and procure with impact in mind, at the speed and scale the climate crisis demands. In the U.S. alone, it’s estimated that in order to achieve net-zero GHG emissions by 2050, developers will need an area of land greater than that of Colorado and Wyoming combined to construct new renewable energy projects. By embracing a “3C” approach, energy buyers and developers can play a pivotal role in maximizing the positive benefits this unprecedented build-out of wind, solar, and associated infrastructure can bring while achieving their own public sustainability commitments.

The 3Cs of Purpose-Led Procurement

Community: In the U.S., analysts estimate new wind and solar projects could provide nearly $11 billion in tax and land lease revenues, as well as construction, operations, and maintenance wages to rural communities — where the majority of renewable energy projects will be built — by 2030. Further, renewable energy projects can provide significant air and water quality benefits, leading to reduced rates of lung and heart diseases and premature deaths. Through community benefit agreements and other similar programs, buyers and developers can help ensure that these holistic benefits are reaped by diverse and underrepresented groups within local communities.  

Conservation: Environmental impact assessments are already a standard phase of renewable development. But as the pace of development accelerates, renewable developers can go even further to ensure that projects support conservation efforts. Developers can begin  environmental impact assessments sooner, embrace advanced risk-screening tools like The Nature Conservancy’s Site Renewables Right map and The National Audubon Society’s Important Bird Areas map, and foster deeper collaboration with local and state wildlife agencies to protect important habitats, maintain natural areas, and support healthy ecosystems.  

Climate: While all renewable projects bring significant climate benefits through grid decarbonization, the extent of this impact can be amplified further through thoughtful project siting. A project developed within a “dirtier” grid where fossil fuel generation is more prevalent can bring greater decarbonization impacts than one sited on a “cleaner” grid. What’s more, wind and solar projects can be constructed on closed mines, former industrial areas, landfills, and other brownfield locations to avoid building in natural areas, forests, or viable agricultural land — maximizing the total potential for carbon abatement.

Please fill out the form below to download the Beyond Carbon-Free white paper. Please note: By filling out this form, you agree to receive communications from LevelTen Energy and National Audubon Society.

LevelTen Energy

LevelTen Energy is the leading provider of transaction infrastructure for the renewable energy economy. The platform delivers buyers, sellers, advisors, and financiers the automation software, data management, and standardized contracts needed to facilitate faster, safer renewable energy transactions. LevelTen’s marketplace of renewable energy power purchase agreements is the world’s largest, with more than 4,000 pricing offers spanning 21 countries in North America and Europe. LevelTen’s CFO-Ready Analytics™ automatically calculate more than a billion data points every day, providing buyers and advisors with leading-edge, real-time risk and value insights at modern market scale. Together, LevelTen and its partners share #OneGoal to accelerate the clean energy transition

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