Amount of energy generated and sold to offtaker(s) during the reporting period.
Organizations should footnote the energy type(s) and all assumptions used.
This metric is intended to capture energy generated for commercial sale by the organization. Bulk energy is usually sold under a power purchase agreement with an electricity utility. The buyer or purchaser of this energy is termed the offtaker. The standard unit of measure for International Finance Institutions (IFIs) is GWh. For other Units of Measure, refer to Unit of Measure (PD1602).
To disaggregate this total by the type of energy generated for sale—for example, non-renewable vs. renewable sources—report this metric disaggregated by the relevant options from Primary Energy Source (OI3781).
Organizations interested in reporting energy production at the product level should report Energy Capacity of Products Sold (PD1504), Energy Capacity of Product (PD2713), or both.
Organizations wishing to report the amount of energy generated for their own use should instead report Energy Generated for Use: Total (OI9624).
In some contexts, this metric can serve as an indicator of whether the outcome being sought by an investor or organization is occurring (the WHAT dimension of impact). For more on the alignment of IRIS metrics to the five dimensions of impact, see IRIS+ and the Five Dimensions of Impact (https://iris.thegiin.org/document/iris-and-the-five-dimensions/). No single metric is sufficient to understand an impact; rather, metrics are selected as a set across all dimensions of impact. When possible, the selection of metrics to measure and describe the five dimensions should be based on best practice and evidence.
This metric has 2 related submetrics.
June 2022 - IRIS v5.3 Released (current version)
Immaterial change. Minor revision to usage guidance for clarity.
January 2020 - IRIS v5.1 Released
Immaterial change. Edited usage guidance and tagging
May 2019 - IRIS v5.0 Released
No change.
March 2016 - IRIS v4.0 Released
Immaterial change. Energy Generated for Sale: Total (PI8706) replaced Energy Produced for Service Sale (PI8706). Metric name and definition modified to improve accuracy.
March 2014 - IRIS v3.0 Released
Material change. Energy Produced for Service Sale (PI8706) replaced Energy Produced (PI8706). Metric name and definition language modified to provide clarity based on best practices and standard guidance.
November 2011 - IRIS v2.2 Released
No change.
February 2011 - IRIS v2.1 Released
No change.
September 2010 - IRIS v2.0 Released
Material change. Energy Produced (PI8706) replaced Traditional/Fossil-fuel Based Energy Produced (EE6). Metric modified to increase generalization by including multiple energy sources.
September 2009 - IRIS v1.0 Released
New metric. Traditional/Fossil-fuel Based Energy Produced (EE6) was developed via the Original IRIS Working Group.
IRIS Metrics Work Better in Sets
To use IRIS metrics—and the resulting data—to understand impact performance, IRIS metrics should be used and analyzed in generally accepted sets and according to well-defined objectives. IRIS+ gives you access to generally accepted Core Metrics Sets aligned to common Impact Themes and Sustainable Development Goals (SDGs).