Harnessing On-Site Renewables at the Terminal

Clean energy finance company EDI Capital explains how introducing on-site renewable projects could offer the best return on investment when it comes to offsetting emissions at the terminal     Carbon offset programs are now standard practice for oil and gas companies, but traditional approaches like purchasing renewable energy certificates (RECs) or investing in carbon projects often yield poor returns. On-site renewable energy projects like solar, energy storage, and microgrids provide a tangible return on investment while achieving carbon offset goals and self-generating offsets. EDI Capital, a renewable energy developer, focuses on profitable ESG solutions for the oil and gas industry by utilizing innovative technology at customer sites. Through self-generation, customers can offset carbon emissions, reduce expenses via utility savings, and gain tax benefits in the form of credits and accelerated depreciation. Renewable energy projects not only contribute to ESG goals but also enhance corporate profitability, provide grid resiliency and a reduced carbon footprint.   Renewable Energy Certificates Renewable energy projects not only contribute to ESG goals...