Renewable Energy in Electric Utilities & Power Generators Industry
Standard-SettingSector
Infrastructure
Issues
GHG Emissions
Project Status
Stakeholder Consultation
- 1
- 2
- 3
- 4
- 5
- 6
- 7
Feedback Requested
Stakeholder Consultation
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.
