United States

United States

Product appeal goes nationwide

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With two massive sales of tradable renewable energy credits known as green tags, the Bonneville Environmental Foundation (BEF) has expanded beyond its roots in the Northwest and is now looking to get its supply of tags from renewable energy projects in other parts of the US. "BEF has a green tag product with wide appeal," says the foundation's Pam Field. "We don't have to be local."

The non-profit organisation has sold 55,000 MWh of its green credits over three years to soy products manufacturer White Wave Inc in Boulder, Colorado. With the purchase, says Field, the soy manufacturer is not only offsetting all of the pollution caused by the production of the energy it uses, it is also greening its supply chain and is encouraging its consumers to buy wind energy.

A second sale, of 12.5 million kWh for five years to Interface Fabrics Group in Maine and Massachusetts, offsets 10% of that company's pollution. With these sales and others, BEF has already surpassed its 2002 green tag sales.

BEF, which was founded in 1998, buys the green attributes from wind and solar projects in Oregon, Washington and Wyoming, and arranges with those suppliers to reinvest a portion of the proceeds back into their facility. It now wants to buy the credits from projects outside the Northwest. With nine certified sellers of tradable renewable energy credits in the US, many of them national, Field says the competition is stiff. The upper end price for BEF's product is $20 for a single tag, dropping to $18 or less for large purchases.

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