Two outlets report that a major aluminium smelter is not eligible to use renewable energy credits to support its electricity arrangements. The reports say the smelter has an approaching deadline to secure a long-term electricity supply deal, but it will not be able to rely on renewable credits as part of that process. The coverage frames the issue around eligibility rules that prevent the smelter from accessing the credit mechanism, despite the smelter being described as “green.” As a result, the smelter’s plans for locking in power costs and meeting expected sustainability requirements face constraints linked to the credit program. The articles do not provide details on the specific eligibility criteria, the amount of credits in question, or alternative financing or procurement options for the facility. Overall, both sources present the development as a key constraint affecting the smelter’s near-term negotiations for long-term electricity supply, with renewable credits unavailable under the current framework.
Major aluminium smelter cannot access renewable credits for electricity deal
Two outlets report that a major aluminium smelter is not eligible to use renewable energy credits to support its electricity arrangements. The reports say the smelter has an approaching deadline to se...
- A major aluminium smelter is reported to be ineligible for renewable energy credits.
- The smelter faces an approaching deadline to lock in a long-term electricity deal.
- Renewable credits cannot be used as part of the smelter’s electricity arrangement.
- Both outlets describe the smelter as aiming for “green” credentials, but credits are not available under the eligibility rules.
A major aluminium smelter, which has a quickly approaching deadline to lock-in a long-term electricity deal, won't be able to rely on green credit help.
2 hours agoA major aluminium smelter, which has a quickly approaching deadline to lock-in a long-term electricity deal, won't be able to rely on green credit help.
2 hours ago
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