By Kevin O’Rourke, Into the Wind, AWEA Blog
One of the signatories, Procter & Gamble, is among the 63% of Fortune 100 companies that have set one or more renewable energy targets. More broadly, a group of 100 large energy buyers have set a goal of procuring 60 gigawatts (GW) of renewable power by 2025 – equivalent to the output of over 100 average-sized coal plants
Corporate purchasers have already procured over 11 GW of renewable power since 2013, leaving about 50 GW remaining to reach that goal. And with new wind and solar energy projects frequently the lowest-cost source of power, major American companies are increasingly buying both technologies to save money, control their energy costs, and decrease their environmental impacts. However, transmission planners are not adequately accounting for this shifting and new demand. Read more here.
Photo Credit: NPPD
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