Created with Sketch. Active Projects

Renewable Energy in Electric Utilities & Power Generators Industry

Standard-Setting
Last Update 10/26/21

This project will investigate the ways to measure company performance on electric utilities’ transition to renewable energy as a decarbonization pathway to provide complete and comparable information to users.

Sector

Infrastructure

Issues

GHG Emissions

Project Status

Stakeholder Consultation

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7

Project Overview

Project Objective

This project will investigate the ways to measure company performance on electric utilities’ transition to renewable energy as a decarbonization pathway to provide complete and comparable information to users.

Project Background

Based on market feedback received on disclosure limitations in some markets with the current set of metrics related to renewable energy in this industry, there are opportunities to investigate other ways to measure company performance beyond renewable portfolio standards in metric IF-EU-110a.4. Broadly within the industry, the expected increase in demand for electricity coupled with emissions reduction goals, further support the opportunity to investigate how to measure company performance in a way that provides decision-useful information to users.


Project Status

  • Phase 1 - Initial Research
  • Phase 2 - Stakeholder Consultation
  • Phase 3 - Post-Consultation Analysis
  • Phase 4 - Exposure Draft Development
  • Phase 5 - Public Comment Period
  • Phase 6 - Public Comment Analysis
  • Phase 7 - Completed

Current Status

The objective of this phase is to conduct market consultations to inform revisions to the Standard.

Next Steps

Post-Consultation Analysis
In this phase, staff will analyze input received from market consultations and conduct additional consultations as needed.


Published Documents & Supplemental Materials

Published Documents

There are no published documents or drafts at this time.

Supplemental Materials


Board Materials & Decisions

Board Meeting Outcomes

July 2021

  • Staff presented key findings from market feedback and research on the disclosure limitations with the current set of metrics related to renewable energy in the Greenhouse Gas Emissions & Energy Resource Planning disclosure topic in the Electric Utilities & Power Generators Standard.
  • Staff recommended the Board initiate a standard-setting project to improve how the Standard addresses company performance and strategy in the context of the industry’s transition to renewable energy as a decarbonization pathway.
  • The Board approved the standard-setting project, as recommended by staff. The project scope includes the consideration of new or revised metrics to address the energy transition in the Electric Utilities & Power Generators industry and to enhance international applicability.

Board Materials

For a full list of past and upcoming Standards Board meetings, as well as associated materials, please visit our Board Meetings Calendar & Archive.


The staff has prepared this summary for informational purposes only. Any Standards Board decisions are tentative and do not change current accounting. Official positions of SASB are determined only after extensive due process and deliberations.