Reduce Carbon Footprint

Source Renewable Energy & Fuel

Today, renewable energy sources are part of the mainstream commodity mix, and are increasingly as good for the environment as they are for your bottom line, but which are right for you?

Onsite wind or solar? Renewable Energy Certificates? Renewable gas? Biofuels?

World Kinect has the expertise and the tools to help you decide the right path for your operations regardless of how simple or complex they may be.

You can’t control what kind of electricity you are buying from the shared grid, but you can showcase your carbon reduction efforts by making a tangible investment into your own onsite solar or wind energy generation, finance offsite renewable electricity projects, or purchasing renewable (vs regular) diesel. All our physical and certificate products follow the highest international standards, so you can
walk your “sustainability talk”.

No greenwashing

You can’t control what kind of electricity you are buying from the shared grid, but you can showcase your carbon reduction efforts by making a tangible investment into your own onsite solar or wind energy generation, finance offsite renewable electricity projects, or purchasing renewable (vs regular) diesel. All our physical and certificate products follow the highest international standards, so you can
walk your “sustainability talk”.

World Kinect provides a 360° analysis across the renewable energy landscape to ensure your sourcing plan is economically & environmentally viable, including insights on green project & technology options, energy flexibility, regulations, & investment cost modeling. And when it comes to renewable certificates, we can source, issue, and cancel the certificates on your behalf.

End-to-end solution

World Kinect provides a 360° analysis across the renewable energy landscape to ensure your sourcing plan is economically & environmentally viable, including insights on green project & technology options, energy flexibility, regulations, & investment cost modeling. And when it comes to renewable certificates, we can source, issue, and cancel the certificates on your behalf.

With solar now often cheaper than a conventional generation and wind turbines becoming larger and more efficient over time, you can reduce your energy costs by generating your own energy vs. buying off the grid. Plus, as pricing variance among project developers can be stark, we ensure you get the most competitive deal.

Cost savings

With solar now often cheaper than a conventional generation and wind turbines becoming larger and more efficient over time, you can reduce your energy costs by generating your own energy vs. buying off the grid. Plus, as pricing variance among project developers can be stark, we ensure you get the most competitive deal.

Simplify your procurement strategy with World Kinect, as we can simultaneously customize a low-carbon energy sourcing plan tailored to your financial and sustainability goals, and source renewable power, fuel, and electricity or biogas certificates from our vast network of global suppliers.

Procurement efficiencies

Simplify your procurement strategy with World Kinect, as we can simultaneously customize a low-carbon energy sourcing plan tailored to your financial and sustainability goals, and source renewable power, fuel, and electricity or biogas certificates from our vast network of global suppliers.

The people at World Kinect are a key asset - from the account managers to the consultants and specialists, everyone involved takes time to understand what we need and devotes time to understand what is going on in the market. It’s really useful to be able to utilize World Kinect‘s expertise to get a steer on what we should be doing and when, to achieve the goals set out in our global strategy.

CHRISTINE COOKE, SR. PURCHASING MANAGER

TOYOTA MOTOR MANUFACTURING, UK

This has been a couple of years in the making, and I know a lot of work and research has gone into this before we got the first delivery of R99 renewable fuel. I’m grateful that World Kinect was willing to partner with us and put in a lot of the legwork to make this happen - it didn’t happen overnight.

MARK CHEN, SUSTAINABILITY MANAGER

SKANSKA USA BUILDING, INC, USA

World Kinect for us - they're the subject matter experts. What we really rely on you more than anything else for is that really good expertise that you provide and the knowledge that you bring to help us make an informed decision. The RINs have been a great program for the city, and this is the revenue we didn't know we had before we partnered with World Kinect. Without World Kinect we would have a big loss in not only the revenue for our RINs, but we would be paying more for our natural gas.

SCOTT CHANDLER, PUBLIC WORKS FLEET OPERATIONS MANAGER

CITY OF PHOENIX, AZ, USA

How We Do It. Renewable Energy & Fuel Options

Renewable Energy Strategy

Powering your business with renewable energy can be a good business decision, but it is critical that you understand the wide range of factors, options, and contractual instruments it involves. If your business is considering renewable energy, World Kinect helps you kick off the conversation and your internal stakeholder alignment with our Renewable Energy Strategy Assessment – a structured approach for evaluating how you can increase the use of renewable energy everywhere your business has operations.

Renewable Fuel

Many organizations with fleet are looking to switch to lower-emitting alternative fuels, but not every green fuel is a perfect fit for every application. World Kinect can help you identify the best alternative fuel and assist you in developing a renewable fuel procurement strategy. Together we determine the best renewable and biodiesel options available at your locations, best suitable to your equipment specifications, as well as budgetary and carbon goals. We will help source and deliver the fuel, run tests for equipment compatibility, and determine the mitigated carbon emissions.

Renewable Electricity & Certificates

When you buy energy from the grid, there is often no way to know the exact energy source of your consumed electricity and gas. Thus, World Kinect can help you source or generate your own renewable energy. Or when cost-effective sourcing or generating options are not available, we can still help to mitigate your carbon emissions through renewable energy certificates – credits sold by solar, wind, & biogas projects, generating green power or gas on your behalf, enabling you to reduce or eliminate your Scope 2 emissions. We source, purchase, and cancel the certificates, delivering an end-to-end solution.

How It Works. Renewable Energy Strategy

Baseline & Market Analysis

We start by preparing:

Evaluation of your energy footprint across all sites to establish a baseline and current state of energy purchasing
Energy market overview, including political, incentive, & regulatory analysis
Assessment of renewable energy sourcing options, availability & cost implications by market, including the potential of onsite solar installations

Strategy & Financial Calculations

Next, we deliver:

Detailed roadmap & strategy of how you can increase/ achieve 100% renewable electricity procurement & key considerations
RE100 & CDP-compatible recommendations
Timeline for delivery of each option, by technology and per geography
Aggregated financial assessment of the chosen scenario for the next 10-15 years

Workshops & Continuous Support

Finally, World Kinect provides:

Help with building consensus among your key internal stakeholders
3-5 workshops on each procurement option, key findings, and final recommendations
Review your potential marketing claims and PR messaging strategies to help promote your progress
Support with the next steps and implementation of the chosen path

How it Works. Source Renewable Fuel

Switching to renewable diesel is complicated - supply chain challenges and fuel quality challenges are all too common. Our customers require assurance that the product they purchase comes from a sustainable source and that it does not damage their equipment.

Whether it’s Biodiesel & Biogasoline, or Renewable Diesel & Renewable Gasoline, World Kinect will develop a fuel solution to address your low-carbon goals that take commercial realities into account. We will also validate fuel quality and test engine compatibility to ensure your equipment functions as intended.

Biodiesel

Engine and infrastructure compatibility	Cannot be used as a straight replacement for conventional petroleum diesel & requires blending with petroleum diesel
GHG emission reduction over fossil diesel	Up to 75% with B20 (20% biodiesel and 80% fossil diesel blend)
Other benefits	Has higher lubricity than regular diesel, which reduces engine wear. The less capital-intensive production process results in a lower price point
Drawbacks	The quality of traditional biodiesel varies according to the raw materials used
Made from	Primarily oily plants, such as soybean or oil palm, and to a lesser extent greases (waste cooking fat)
Other names	Traditional biofuel, first-generation biofuel
Common types	Fatty Acid Methyl Ester (FAME), Biodiesel (B99), Biodiesel/ULSD Blend (B5, B10, B20)

Renewable Diesel

Engine and infrastructure compatibility	Chemically similar to regular diesel and nearly identical in its performance characteristics. Could be used blended or as a straight drop-in replacement to fossil diesel. Unlike biodiesel, can be transported in existing pipelines and stored in existing diesel tanks and engines
GHG emission reduction over fossil diesel	Renewable fuel can reduce GHG emissions up to 90%
Other benefits	Better cold-weather handling properties. Aids in the self-ignition of fuel and allows for easier starting, smoother running engines & reliable operation
Drawbacks	Commercial-scale production is limited, which affects the price, but many new plants are under construction worldwide
Made from	Various biomass sources, such as vegetable oils, animal fats, algae, crop residues, and woody biomass
Other names	Green diesel, advanced biofuel, second-generation biofuel
Common types	Hydrotreated Vegetable Oil (HVO), R80, R95, R99. Most engine manufacturers warrant up to a B20 blend (80% ULSD/20% B99). R99 as a drop-in replacement to petroleum diesel can be used neat or blended with 5-20% biodiesel

How It Works. Source Renewable Electricity

Install your own solar energy system


	You generate your own renewable power
	Onsite or Offsite
	Our services Feasibility study, high-level site assessment for solar PV and other renewables Preliminary layout designs and production estimates Financial and energy modeling of onsite renewable systems Procurement tender to find suitable developer or funder Full project development services through the client-representative model Help with selling & monetizing your green power/ green gas and relative green certificates, managing contracts, logistics, compliance & tax benefit realization Support in disclosing your Scope 1 & 2 footprints
+	Fixed electricity cost for the life of the project. Once the project is fully financed, power generation is virtually free. Visible commitment to renewable energy
-	You operate and maintain the system. The upfront capital expense for 100% of the system’s cost. Onsite scalability could be limited.

Enter into a Power Purchase Agreement


	You offtake renewable power directly from 3rd-party generator and/or collect renewable energy certificates
	Onsite or Offsite
	Our services Initial site qualification, layout, and design Project identification and analysis to meet your objectives Locating financing agreement options, such as PPA (onsite) or VPPA (offsite) Competitive bidding or RFP process Bid analysis and developer recommendation Contract negotiation Development oversight through system commercial operation Support in disclosing your Scope 1 & 2 footprints
+	No OpEx or CapEx requirements. Join larger projects with economies of scale
-	Long execution timelines & long-term contractual commitment. Electricity price is dependent on contract terms. PPAs could be difficult to implement in regulated markets. Onsite scalability could be limited.

Source Renewable Energy Certificates (RECs)


	Use green energy generated by projects owned or contracted by 3rd-party suppliers or your utility, backed by a certificate
	Offsite
	Our services Sourcing, purchasing, and canceling certificates on your behalf Advisory on the best fit among all available options, in deregulated markets, such as international or local 3rd-party green electricity projects or local utility programs (such as Green Pricing, Green Tariffs, Community Programs, Supplier Procurement, and Community Choice Aggregation) Access to our TrackMyElectricity.com platform with our global green energy-generating partners Issuance of confirmation certification verifying your green energy consumption Support in disclosing your Scope 1 & 2 footprints
+	Simplified procurement. Quick to execute (<1 month)
-	Project options and costs are limited to the supplier’s or utility’s renewable portfolio. Certificates from utilities are often available only to large customers.

How It Works. Source Renewable Energy Certificates

When your own onsite or offsite renewable power generation is not viable, or cost-effective, or there are simply site space constraints, customers might choose to buy power produced by 3rd-party renewable generation projects. In addition to physical power, these projects also produce green attributes or Renewable Energy Certificates (RECs), aka Energy Attribute Certificates (EACs), Guarantees of Origin (GOs), Renewable Energy Guarantees of Origin (REGO), International Renewable Energy Certificates (i-RECs), etc.

RECs are electronically tradeable, trackable, environmental commodity instruments that certify the bearer owns electricity generated from a renewable energy resource. RECs are an effective and recognized way of reaching emission targets

Example of RECs

Say you are a manufacturing company that buys 1K MWh a year from your local utility that mostly uses coal and natural gas as feedstock. If you also buy 1K RECs, you can officially claim to be "powered by 100% clean electricity” because you effectively purchased the amount of “greenness” equal to your electricity consumption.