NUS Consulting Group

Companies looking to procure 100% renewable electricity through Energy Attribute Certificates (EACs) can purchase certificates on an ‘unbundled’ basis, i.e., separately to the supply contract. This flexibility can enable companies to secure a range of benefits, including: ✅ Cost advantages as EACs can be obtained from a competitive market-place ✅ EACs can be purchased for regulated markets where there are no renewable tariffs ✅ Global procurement strategies enable companies to purchase global EACs for all markets ✅ EACs can be met to ensure higher sustainability credentials for schemes such as RE100 ✅ Companies can select EACs from specific locations of technologies NUS can support companies with procuring EACs (REGOs, GOs, RECs, I-RECs etc.) across global markets to report zero electricity (scope 2) emissions in order to meet decarbonisation targets and secure 100% renewable electricity. For more information, see our blog “Purchasing ‘Unbundled’ Energy Attribute Certificates (EACs) to Decarbonise Electricity Consumption” (https://lnkd.in/gfF7eGPP). If your company is looking to purchase EACs for any market, please get in touch today. Web: https://lnkd.in/eMnn6Tp Email: contact@nusconsulting.com #NUSConsulting #NUS #Decarbonisation #EACs #REGOs #SustainabilityReporting #SBTi #RECs #IRECs #Scope2 #RenewableElectricity #GreenEnergy #NetZero #EnergyAttributeCertificates

In this issue of our newsletter we review the escalating tensions in the Middle East as well as the weak economic data roiling the financial markets. #NUSConsultingGroup, #EnergyMarkets, #CrudeOil, #Gaza, #Iran, #Israel

📌Apertura sessione suppletiva Elettrivori 2024 ⚡ 🗓 CSEA procederà all’apertura del Portale per la presentazione delle dichiarazioni per l’anno 2024 a far data dal 05 agosto 2024 e fino alle ore 23:59 del 10 settembre 2024. 📊 Eccezionalmente per la sessione suppletiva 2024 non si applica la condizione di perdita di 1/12 dell’agevolazione. 💸 Inoltre, non è dovuto l’importo del contributo a carico delle imprese a copertura dei costi amministrativi della CSEA. ⚠ Vi ricordiamo che potranno accreditarsi alla sessione suppletiva coloro (in possesso dei requisiti) che non hanno partecipato all’ordinaria. Qualora non siano ancora in possesso di diagnosi, dovranno completarla obbligatoriamente entro il 31/12/2024. Per informazioni: contact@nusconsulting.it

NUS’ global Energy and Sustainability Services (ESS) team work with international companies from across all sectors to report on emissions and identify ways to reduce emissions across entire value-chains. Our team can support your company in meeting the carbon and sustainability reporting requirements of the Corporate Sustainability Reporting Directive (CSRD) by: 🌐 Quantifying Scope 1, 2 and 3 emissions 🌐 Setting science-based targets 🌐 Detailing environmental and climate impacts 🌐 Verifying carbon emissions data 🌐 Developing corporate Decarbonisation Strategies If you need any guidance on complying with the CSRD, get in touch today. www.nusconsulting.com contact@nusconsulting.com #NUSConsulting #NUS #Decarbonisation #NetZero #CSRD #SustainabilityReporting #SBTi #CorporateSustainabilityReportingDirective #CarbonReporting #EULaw 

In our recent Newsletter, we warned that there is a lot of geopolitical risk in the world. In the last few days, Israel has been busy. In retaliation for a recent strike in northern Israel, Israel has killed a Hamas leader, Ismail Haniyeh, while he was visiting Iran. Haniyeh was a principal player in the Gaza peace negotiations. The assignation on Iranian soil came hours after Israel claimed to have killed Hezbollah commander Fuad Shukr as part of a targeted drone attack in Beirut. This is a very embarrassing episode for Iran, and its Supreme Leader, Ayatollah Khamenei, has called to "avenge" Haniyeh's assassination. To date, Iran has gone to lengths to avoid direct conflict with Israel, choosing to operate through its proxies. There can be little doubt that these events continue to increase the already heightened tensions in the region and escalate the risk of broader conflict in the region. As one would expect, the price of oil is responding to these events, increase over $2 per barrel.

Today is a very sad day in the history of the United States. Its total public debt surpassed $35 trillion. For a bit of context, in Q1 2016, about eight years ago, US total debt was approximately $19.3 trillion. Accordingly, in the last two presidential terms, the US has added over $15 trillion in debt or approximately $1.9 trillion per year. Yes, people will point to COVID and all of the reckless spending, but the truth is that tax revenues are nowhere near adequate to cover all of the spending. Successive administrations and Congress have failed to address the problem. With high interest rates and high levels of debt, the country's debt service payments (interest payments) now exceeds $1 trillion per year (more than defense). There is no free lunch and sooner or later this will negatively impact the US (and global) economy.

It is mid-year and we look at the events which would upset the current calm (or status quo) in the global energy markets. In our view, now is not the time to be complacent but to be vigilant.

Well, its a new record - 22 July 2024 was officially the hottest day in recorded history. The reading of 17.15 degrees Celsius (62.87 degrees Fahrenheit) beat the record set the previous day. This is for surface air temperature in °C, averaged over the entire globe. The heat wave will have many social and economic consequences. However, as an global energy consultancy, we at NUS focus on the impact in the energy markets. A good example is that demand for electricity (to run air conditioning) has risen dramatically. In the US, natural gas has been filling the generation gap. According to the EIA, natural gas electricity generation hit an all-time high in early July - 6.9 million MWh on 9 July. In the past several days natural gas electricity generation has come close to eclipsing this new record. Due to healthy storage levels, natural gas prices are low. However, the excess gas in storage is slowly evaporating (as more is being used to generate electricity), and we believe this will ultimately start to pressure prices higher. The season for packing away gas into storage is getting shorter and shorter. One bad winter and prices will likely gap higher.

📌 Martedì 23 il ministro dell'Ambiente e della sicurezza energetica Gilberto Pichetto Fratin ha firmato l'atteso decreto ministeriale sull'Energy Release, meccanismo che riserva un prezzo calmierato dell'energia elettrica alle imprese energivore che si impegnano a realizzare nuova capacità da fonti rinnovabili 🍀 🗓 In attesa della pubblicazione delle regole operative e del bando, gli esperti di NUS Consulting Italia sono a disposizione per approfondire la tematica e aiutarvi nei dirimere eventuali dubbi. ✏ Contattaci: contact@nusconsulting.it #nusconsulting #energyrelease #Italy