A Just Transition through the Early Phase-Out of Coal Fired Power Plants

05.03.2024 In Development
ID
NMC 62
TYPE
Methodology
SECTOR
Renewable energy
DEVELOPER
Gold Standard
TOPICS
Fossil fuel phase-out
START DATE
22/02/2023
STATUS
Finalising methodology
NEXT STEP
Final TAC consideration

A methodology to cover the early phase-out of coal fired power plants and their subsequent replacement with renewable energy projects (such as wind power or solar power) based on a 1:1 MW replacement. The methodology must be used in line with the Just Transition Requirements, which re currently in development. 

Both the methodology and the Just Transition requirements were out for an initial public consultation from 22 Nov 2023 – 05 Jan 2024.

RELATED DOCUMENTS

Document name Version Released date
Renewable Energy Activity Requirements 1.4 16.08.2021