The Science Based Targets initiative (SBTi) has launched a pilot phase for its draft Power Sector Net-Zero Standard and is inviting companies across the electricity value chain — including power generation, transmission and distribution, storage, trading and retail — to participate.
The draft framework is designed to help companies set near- and long-term science-based targets aligned with a global pathway to reach net-zero emissions by 2050. It aims to support firms in managing transition risks, strengthening resilience and preparing for rising demand for low-emission electricity.
The new standard replaces SBTi’s Quick Start Guide for Electric Utilities and expands its scope to cover a wider range of activities and emission sources across the sector. It also introduces updated criteria tailored to the operational and emissions profiles of power-sector businesses.
Electricity is central to both daily life and the global economy, yet the energy sector accounts for more than 75% of global greenhouse gas emissions. As renewable deployment accelerates and pressure to decarbonise intensifies, the power sector remains at the core of global net-zero efforts. A dedicated, science-based framework is seen as vital for ensuring the transition is credible and effective.
Pilot testing forms a key part of SBTi’s standard-development process, ensuring that the final version is scientifically rigorous while practical for companies to implement. Participating firms will help shape the final standard and gain early insight into methodologies that will guide future target validation.
Applications for the pilot are open until 16 January 2026 (11:59 p.m. PT). Companies wishing to participate must submit an application form by the deadline. Further details on the pilot’s objectives, structure, timeline and selection criteria are provided in the Terms of Reference.
