After pledging to become a net-zero business, dairy major Arla Foods has outlined new measures to help farmers across the supply chain generate their own renewable energy and sell any excess. The business is introducing what it describes as a “circularity loop” for the farmers, enabling them to sell Renewable Energy Guarantees of Origin (REGO) certificates directly to Arla. REGO certificates guarantee that one MWh of electricity has been produced from renewable energy sources and can be traded, often to third-party utility firms or end-user businesses that are looking to meet their own climate targets. Arla claims that, by buying the REGOs directly from farmers, farmers will receive a better profit, as there are no costs associated with third-party processes. In this way, it hopes to encourage farmers that already self-generate to increase their capacity, and those without onsite generation to explore this opportunity.
Edie 4th May 2021 read more »