News Type: Press Release

3Degrees and New Energy one bring Idaho biogas-based electricity to California electric vehicles

feeding cows

New Energy One (NEO), jointly owned by Meridiam, an independent investment Benefit Corporation under French law and an asset manager, and an affiliate of Sevana Bioenergy, a California-based anaerobic digestion project developer, announced today the completed transaction of negative Carbon Intensity (CI) electricity supply from their Idaho-based dairy digester facility for use in electric vehicles in California. The sale is one of the first of its kind and hints at a growing trend of biogas facilities transitioning to electricity to support the decarbonizing California transportation market.

3Degrees, a firm that helps organizations achieve renewable energy and decarbonization goals, worked with NEO to determine the best strategy for maximizing the benefit of the power it generates. Through this joint effort, 3Degrees purchases the power from the NEO facility, wheels it into the California market, and matches it with electric vehicle chargers in order to generate credits under California’s Low Carbon Fuel Standard (LCFS). To enable this, 3Degrees managed the Tier 2 pathway approval process with the California Air Resources Board (CARB), including the modeling and validation process required for NEO’s negative carbon-intensity score.

The power from this facility has a Carbon Intensity score of -698.21 grams of CO2e/megajoule[1], one of the best scores registered for an approved pathway under the LCFS. Each MWh of electricity generated by this project and delivered into EVs equates to 3.6 tons of CO2 emissions reductions, 2.5 more tons than qualifying zero-CI RECs generated from wind or solar resources[2].

“This investment, first of its kind for Meridiam in North America (after having invested in 12 biogas facilities in Europe), further supports our commitment to invest for people and the Planet and achieve sustainable, long-term growth,” says Peter Petrovszki, Investment Director at Meridiam. “We are proud to have achieved a very ambitious CI score, together with our partners, and we are working relentlessly to continue supporting this asset class and developing similar projects throughout North America, Europe and Africa.”

“Sevana is pleased to lead development of this innovative project to decarbonize transportation fuels in collaboration with our partners,” says Steve Compton, Executive Vice President at Sevana Bioenergy. “Realizing this carbon negative anaerobic digestion pathway is an example of working as a team to deploy cutting edge renewable energy market insight and capabilities.”  

“The LCFS provides the opportunity for anaerobic digesters of all kinds to generate significant value from the environmental benefits they provide,” says Dave Meyer, Director of Transportation Markets at 3Degrees. “Accessing this value requires deep expertise in complex regulatory markets and the ability to manage the entire supply chain. 3Degrees is proud to partner with Meridiam and Sevana to deliver the value and the environmental impact associated with this project.”

The project began delivering power in November 2020, and CARB issued the first LCFS credits from this project in July 2021. In addition to the California LCFS, a Tier 2 pathway has recently been approved for this project to support Oregon’s Clean Fuels Program, making it one of the first of its kind in the state[3].

About Meridiam

As a world leader with $17.8 billion of assets under management, Meridiam has invested close to $1 billion of inter-generational capital in nine states in the United States and it is estimated that over 20,000 direct and indirect jobs have been created by our U.S. projects. ESG criteria are at the heart of all our investment decisions and each of our projects is measured against the United Nations Sustainable Development Goals (SDGs). Our mission is to go beyond investing our resources by actively helping to develop the global community through partnerships or alliances to build the world of tomorrow. 

Meridiam completed the “B” Impact Assessment as part of the self-reported and unaudited process and is awaiting B-Lab verification. Once certified, Meridiam will join a movement of 3,500+ Benefit Corporations globally that are helping to accelerate the global culture shift to redefine success in business and build a more inclusive and sustainable economy.

Upon investing in a project, Meridiam utilizes its proprietary, advanced sustainability impact measurement platform, Simpl, to track and monitor the project’s impact. Meridiam is one of the few infrastructure investors in the US deploying such a targeted and sophisticated mechanism to ensure that projects deliver environmental, social, and economic benefits to the communities in which they exist. 

About Sevana

Sevana Bioenergy develops, designs, owns, and operates large-scale anaerobic digestion projects which produce renewable natural gas and organic-based soil amendments. Using state-of-the-art technology, engineering, and design, we are advancing the future of biogas energy production in the United States. Biogas projects reduce waste, increase the use of renewable energy and reduce long-term greenhouse gas emissions. Our mission is to be a market leader in accelerating the production of renewable natural gas derived from anaerobic digestion facilities in North America.  With an experienced team of national and international experts, we build value-add partnerships in agricultural communities by creating new markets for existing agricultural businesses. Our goal is to ensure that communities benefit and thrive through these partnerships while building renewable solutions to local waste and energy challenges. More information is available at www.sevanabioenergy.com.

[1] LCFS Fuel Pathway Code ELC026B01400100
[2] Using the formula in Section 95486.1(a)(1) of the LCFS regulation assuming the electricity is used in light-duty vehicles for compliance year 2021
[3] OR pathway code ELC998OR00110100

3Degrees Expands Community Solar Offerings

From advisory services to program management to marketing: 3Degrees offers both a la carte and turnkey Community Solar solutions 

3Degrees, which has offered Community Solar marketing and advisory services since 2012, has recently expanded its offerings to include additional a la carte as well as turnkey program management and development services.  These offerings help clients address issues such as product design, project sizing and location, ownership, customer acquisition and retention, and billing and risk mitigation.

“Rather than offering a one-size-fits-all approach, 3Degrees works with each client to provide custom services that specifically meet their needs,” says Dan Kalafatas, CEO.  “For some, that may be a full end-to-end solution.  But we have found that many utilities appreciate the ability to tap into our expertise for specific challenges they may be having.”

While Community Solar is a hot topic and is starting to experience significant growth, many utilities are unsure of how to get started or how to best manage and grow their program. The Community Solar offerings of 3Degrees are designed to help utilities investigate options and opportunities enabling a utility to design a program with confidence.  Then, once an approach has been selected, 3Degrees helps clients turn that plan into a reality.

“We see community solar as a logical extension of utility renewable energy programs,” said Adam Capage, Vice President of Utility Partnerships at 3Degrees.  “Our clients come to us for help in building and launching programs that provide their customers additional options at low cost and risk.”

 

3Degrees named Best Trading Company by Environmental Finance

Creative products and stellar service sets 3Degrees apart

3Degrees was again named the 2016 Best Trading Company in the Renewable Energy Certificates (REC) – North America category by Environmental Finance magazine. This is the second year in a row the company earned the top position and is based on a survey of customers and peers.

The award reflects the value 3Degrees products and services bring to partners throughout the voluntary and compliance marketplaces. “These markets are complex and ever-shifting,” explained Scott Eidson, Vice President of Environmental Markets. “In response, 3Degrees has developed flexible products that use renewable energy certificates as well as other solutions to help clean energy suppliers and buyers mitigate risk and meet carbon reduction goals.”

3Degrees products and services span the globe including North America’s most complex markets such as the WECC, PJM, New England and Illinois but it is the extensive industry knowledge and focus on high-touch customer service that keeps hundreds of energy suppliers and buyers returning to Scott’s team each year. “Our focus on relationships and ease of transacting gives our partners a simple way to support the type of clean energy that is most beneficial to their business and geographic location.”

Since 2015 3Degrees has transacted  more than 90 million megawatt-hours of renewable energy from over 500 facilities – with nearly 50% of those facilities coming online in the last six years. Overall, this is the fifth time 3Degrees has earned a top designation by Environmental Finance readers in this category.

Find out more about RECs available from 3Degrees

3Degrees Commits to Blockchain Investment, Signs on as Affiliate to Energy Web Foundation

energy-web-blockchain

3Degrees announced today that it has become an Affiliate of the Energy Web Foundation (EWF), a global non-profit organization focused on accelerating blockchain technology across the energy sector. With this commitment, 3Degrees joins more than 90 other leading companies as Affiliates of EWF and has access to strategic R&D investment in blockchain technology in the energy sector.

“We have been studying blockchain closely over the past year and felt the time was right to join forces with EWF, an organization pioneering the way the energy industry will intersect with blockchain-enabled platforms,” said Steve McDougal, CEO of 3Degrees. “3Degrees is committed to being a credible, trustworthy partner to our customers as they navigate this emerging technology. We believe blockchain offers enormous potential for the energy and environmental commodity markets, the grid edge, electric vehicles, demand response, and beyond. However, it’s critical that we approach this new technology intelligently and with stringent regulation. 3Degrees became an Affiliate of EWF because we align with their approach to the intersection of blockchain and the energy markets.”

Co-founded by Rocky Mountain Institute and Grid Singularity, EWF’s core focus is building an open-source, scalable blockchain platform specifically designed for the energy sector’s regulatory, operational, and market needs. It serves as a foundational, shared, digital infrastructure for the energy and blockchain community to build and run their solutions. As an Affiliate of EWF, 3Degrees will have privileged access to research, technology, education efforts, and the organization’s ecosystem.

“3Degrees is a leading renewable energy and environmental commodities market player that is committed to operating with transparency and integrity,” said Hervé Touati, CEO of Energy Web Foundation. “Blockchain technology holds much promise across their focus areas, including renewable energy certificates and renewable energy procurement. We’re excited for 3Degrees to add their respected perspective to the evolution of the Energy Web Chain.”


About Energy Web Foundation

Energy Web Foundation (EWF) is a global nonprofit unleashing blockchain’s potential to accelerate the transition to a decentralized, democratized, decarbonized, and resilient energy system. EWF is building the shared, digital infrastructure—an open-source, scalable blockchain platform—specifically designed for the energy sector’s regulatory, operational, and market needs. Co-founded by Rocky Mountain Institute and Grid Singularity, and with a worldwide network of more than 90 affiliates and growing, EWF is the largest energy blockchain ecosystem and the industry’s leading choice as the foundational blockchain base layer, providing the digital DNA building blocks powering the world’s energy future. For more, visit https://www.energyweb.org.

Energy Web Foundation (EWF)
Peter Bronski
+1.201.575.5545
[email protected]

3Degrees Announces First Oregon Clean Fuels Program Credits from Hydrogen and New Advancements in Green Hydrogen

Hydrogen fuel pump

3Degrees, a firm that helps organizations achieve renewable energy and decarbonization goals, announced today several notable advancements in the use of hydrogen as a lower carbon alternative to traditional fossil fuels: 3Degrees has developed custom Tier 2 hydrogen fueling pathways in California and Oregon; the Oregon pathways are the first to generate credits from the use of hydrogen under Oregon’s Clean Fuels Program (CFP); and 3Degrees has reported on green hydrogen produced via electrolysis in California.

Hydrogen production requires a large, centralized operation and therefore production sites are limited across the western United States. Oregon, for example, has no hydrogen production facilities, so hydrogen was sourced from two California-based producers and transported to facilities in Oregon to power hydrogen fuel cell forklifts.

3Degrees worked to verify the fuel supply chain, developed a new carbon intensity calculation for the fuel, and managed the pathway certification process with the Oregon Department of Environmental Air Quality (ODEQ) and the California Air Resources Board (CARB). The pathways were approved in mid-2021, with the first credits generated and monetized by 3Degrees in the summer.

3Degrees is also working with California State University, Los Angeles to report its green hydrogen production and EV charging infrastructure. This reporting is inclusive of infrastructure credits under the Hydrogen Refueling Infrastructure (HRI) provision which was added to the LCFS as an amendment in 2018 under the zero emission vehicle (ZEV) crediting provision. In operation since 2014, Cal State LA’s Hydrogen Research and Fueling Facility was the first such facility globally to sell hydrogen fuel by the kilogram directly to retail customers.

Dr. David Blekhman, the hydrogen facility technical director, commented “working with 3Degrees was easy and provided necessary support in securing the LCFS incentives.”

“Full transportation decarbonization will require a mix of low-carbon fuels to meet the needs of varied equipment types, including off-road applications,” says Dave Meyer, Director of Transportation Markets at 3Degrees. “3Degrees is proud to support the groundbreaking work of our partners by working through the complex regulatory, supply chain, and business issues associated with these projects to ensure our partners realize the value they deserve.”

3Degrees Named Supplier of the Year

Innovative projects and products help secure seventh win 

EPA Green Power Partner logo

3Degrees Group, Inc. received its seventh Green Power Leadership Award today from the U.S. Environmental Protection Agency (EPA).  The annual awards recognize the country’s leading green power suppliers for outstanding efforts, initiatives and programs that significantly advance the nation’s voluntary green power market.  EPA will present 3Degrees with the award at an event held in conjunction with the 2014 Renewable Energy Markets Conference in Sacramento, California on December 3, 2014.

Green Power Leadership award presentation

Steve McDougal (L) and Adam Capage (R) receive award

“We are honored to again be named Supplier of the Year by the U.S. Environmental Protection Agency,” said Steve McDougal, President of 3Degrees.  “We think this seventh win is directly tied to two things: 3Degrees’ extensive outreach capabilities that blanket the country in one-to-one conversations about renewable energy and our continued focus on projects that are meaningful to our customers and have lasting positive impacts on the communities where they are located.”

In fact, 3Degrees is known for supporting innovative projects that generate more than just renewable energy. The projects also often hold additional benefits, such as:

  • Developing leading edge technology through the nation’s first grid-tied tidal power project
  • Reducing the environmental impact of farming and waste management
  • Funding needed social services through creative revenue payment arrangements
  • Increasing visibility in high-profile locations such as schools 

“EPA is pleased to recognize 3Degrees with a Green Power Supplier of the Year award for its leadership in expanding the nation’s renewable energy industry,” said EPA Administrator Gina McCarthy. “Through its support and development of new renewable energy capacity, 3Degrees is helping to address climate change and put our country on a path to a future powered by renewable resources.”

In 2013, 3Degrees supported utility green power and carbon offset programs that serve 215,000 residential customers through its 11 utility partners in 12 states. The company also delivered more than seven billion kWh of Green-e Certified and Green-e Eligible RECs to meet demand of direct commercial customers and utility green pricing programs, sourcing RECs from over 400 facilities in 25 states.

 

About EPA’s Green Power Partnership

The Green Power Partnership is a voluntary program that encourages organizations to buy green power as a way to reduce the environmental impacts associated with purchased electricity use. The Partnership currently has more than 1,300 Partner organizations collectively purchasing billions of kilowatt-hours of green power annually. Partners include a wide variety of leading organizations such as Fortune 500® companies, small and medium sized businesses, local, state, and federal governments, and colleges and universities.  For additional information, please visit https://www.epa.gov/greenpower.

About the Green Power Leadership Awards

The U.S. Environmental Protection Agency (EPA) co-sponsors the annual Green Power Leadership Awards in conjunction with the Center for Resource Solutions. EPA recognizes winners in the following awards categories: Green Power Partner of the Year; Sustained Excellence in Green Power; On-site Generation; Green Power Purchasing; Green Power Community of the Year; and Green Power Supplier of the Year. EPA’s Green Power Partner awards recognize the exceptional achievement among EPA Green Power Partners who distinguish themselves through green power procurement, market leadership, overall green power strategy, and overall impact on the green power market. EPA’s Green Power Supplier awards recognize green power suppliers for outstanding efforts, initiatives and programs that significantly advance the development of green power sources serving the voluntary market. The Awards are held in conjunction with the Renewable Energy Markets Conference. For additional information please visit https://www.epa.gov/greenpower/awards/.

 

 

 

3Degrees Joins RECS International

Deepening our commitment to European renewable energy markets.

3Degrees is pleased to announce that we have joined RECS International, an organization committed to building global renewable energy markets that are standardized, transparent and most importantly, consumer-driven.   

“3Degrees – through its work with Green-e and WRI – has a proven commitment to building high-integrity renewable energy markets,” says Jared Braslawsky, Secretary General of RECS International. “We are proud to have them join RECS International and support our mission of creating reliable attribute tracking markets in Europe and around the world.”

Since its founding, 3Degrees has helped customers with needs for international renewable energy certificate (REC) and carbon offset products. Today, we offer comprehensive international offerings including GOs, I-RECS, TIGRs, carbon offset products, as well as PPAs, VPPAs and consulting services. We have done business in over 40 countries and are proud to be a CDP Global Renewable Energy Partner.

“More and more of our customers are looking to us to help them address their global needs around renewable energy and greenhouse gas emissions,” according to Steve McDougal, CEO of 3Degrees. “Joining RECS International allows us to stay plugged into the nuances of the European renewable energy markets and better serve our customers.”

3Degrees will be speaking at the upcoming RECS International conference in March of 2017, providing a perspective on the US RECs market.

3Degrees’ Erin Craig, Named in Fast Company’s List of the 100 Most Creative People in Business

Erin Craig Fast Company Most Creative People

Fast Company today announced its 10th annual list of the Most Creative People in Business, honoring an influential and diverse group of 100 leaders from a vast range of global industries including tech, design, entertainment, health care, media, government, nonprofit, finance, food, and more.

The Most Creative People in Business list recognizes individuals whose work might not necessarily be quantifiable by numbers, but who are nonetheless having a measurable impact on the world. These scientists, executives, programmers, comedians, founders, designers, musicians, writers, and activists have accomplished something new this year within their field that’s driving their industries forward and solving global and societal problems in novel ways.

This year’s group represents Fast Company’s hallmark of diversity: 52 are women, 48 are men, with more than 25 hailing from outside the United States, and nearly one-third are people of color.

Erin Craig Fast Company“For more than 30 years, I have been working with organizations across the globe to improve their environmental performance,” said Erin Craig, VP, Energy and Climate Practice at 3Degrees. “As climate change presents an increasingly urgent challenge, we need lots of creative thinking, charting a way forward even when an easy path doesn’t present itself. In the face of this imperative, I am deeply motivated to find solutions that work. I am honored to be recognized by Fast Company for doing work that I am passionate about and which is making – I believe and I hope – a significant positive impact in the world.”

Erin works with some of the world’s leading corporations to develop and implement climate and renewable energy strategies. She has personally led dozens of renewable energy supply engagements and assisted clients with contracting for over 1 GW of renewable energy. In 2018, Erin supported Apple, Akamai Technologies (Akamai), Etsy, and Swiss Re as they leveraged their collective buying power in the largest aggregated corporate renewable energy transaction to date. 

Fast Company editors and writers spend a year researching candidates for the list, scouting every sector of business: technology, fashion, cybersecurity, biotech, entertainment, beauty, social good, food, data, consumer goods, and more. The people selected have all accomplished something truly innovative within the past 12 months or so that is having a meaningful effect within their industries. They’re also discoveries — none has ever been profiled in Fast Company before. Taken together, they represent where business is heading right now.

“This year’s edition acknowledges society’s increasingly fraught relationship with technology. It is light on people inventing new apps to sell us more stuff—and mine our personal information—and heavier on leaders trying to protect consumers and companies from unscrupulous actors online,” says Stephanie Mehta, editor-in-chief of Fast Company.

To see the complete list go to: fastcompany.com/most-creative-people/2019

Introduced in 2009, the Most Creative People list was quickly established as one of Fast Company’s most esteemed franchises. Each year, the magazine’s editors present an all-new list of 100 people chosen according to a proprietary methodology.

Fast Company‘s Most Creative People in Business issue (Summer 2019) is available online now at fastcompany.com/most-creative-people/2019 and on newsstands beginning June 4. Join the Most Creative People conversation using #FCMostCreative.

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About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies and thinkers on the future of business. Since 2011, Fast Company has received some of the most prestigious editorial and design accolades, including the American Society of Magazine Editors (ASME) National Magazine Award for “Magazine of the Year,” Adweek’s Hot List for “Hottest Business Publication,” and six gold medals and 10 silver medals from the Society of Publication Designers. The editor-in-chief is Stephanie Mehta and the publisher is Amanda Smith. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with our sister publication, Inc., and can be found online at fastcompany.com.

John Eustermann joins 3Degrees as general counsel

John Eustermann, 3Degrees General Counsel

3Degrees, a leading global provider of renewable energy and decarbonization solutions, today welcomed John Eustermann as its new general counsel. Eustermann will bring extensive renewable energy and biogas expertise to bear in assisting 3Degrees to achieve global growth and expansion into new markets.

“John is the perfect person to lead our legal team heading into 2022 and beyond,” said Chief Operating Officer Malcolm Fabiyi. “He’s a growth-minded leader who has the pragmatism and experience to manage the risks that come along with exciting growth, which is exactly what 3Degrees needs as we look ahead.”

Eustermann comes to 3Degrees with nearly three decades of legal experience, with the last 18 years in renewable energy. He holds Bachelor and Master of Business Administration degrees from Notre Dame University, as well as a Juris Doctor degree from the Seattle University School of Law.

Eustermann previously served as a partner at the law firm Stoel Rives before taking on in-house roles with several growing companies. Most recently Eustermann served as general counsel for renewable energy project developer BioStar Renewables.

“Joining 3Degrees is an exciting step in my career in renewable energy and sustainability,” Eustermann said. “I’m looking forward to supporting the team during this next phase of the company’s growth and helping our global client base make the biggest possible impact on climate.”

Eustermann has extensive experience building, growing, and managing high-performing legal teams, negotiating large complex deals, and supporting international growth. In his new role at 3Degrees, Eustermann will oversee the management of 3Degrees’ legal affairs and lead the company’s strong legal team in advancing processes to deliver exceptional client and partner services and support the company’s growth.