First Renewable Customer in Florida
May 13, 2024
ENGIE Resources has inked its first deal in Florida. The Institute of Contemporary Art, Miami is matching 100% of its consumption with RECs from the Priddy Wind Project. Florida and other markets may not yet be open to retail competition, but customers can transact for RECs.
A leading contemporary art museum in the U.S. and globally, ICA Miami is recognized for promoting continuous experimentation and embracing innovative practices, through its exhibitions and programs and in its operations and practices. In 2020, the museum was among the original grantees for the Helen Frankenthaler Foundation’s sustainability funding and has since implemented carbon offsets and sustainable shipping practices for major exhibitions. With this energy agreement, ICA Miami is matching 100% of its electricity consumption for the building and museum operations with project-specific Green-e® certified RECs that avoid the greenhouse gas emissions equivalent to 1,352 metric tons of CO2 equivalent.
Customers from any market can support sustainability efforts by sourcing project-specific RECs, but interest is in its early stages. “Customer understanding and adoption of RECs takes time,” said Brad McIntyre, business development manager at ENGIE Resources. “ICA Miami is a great jumping-off point for us in the South Florida market,” said McIntyre. “RECs provide sustainable solutions for developers to invest in new assets and we expect this agreement to accelerate the impact of renewables in this and other similar markets.”