Tag Archives: Corporate Buyers’ Guide to Wind Energy

BNEF: Corporations signed contracts for 8.6 GW of clean energy in 2019

By Michelle Froese, Windpower Engineering

U.S. corporations bought 5.95 GW of clean energy in 2019, closing in on the 2018 total, according to BloombergNEF’s (BNEF) recently published, 2H 2019 Corporate Energy Market Outlook. The report shows that companies are once again flocking to Texas – historically the largest corporate procurement market in the country – where 40% of the activity in 2019 has occurred. However, just 1 GW of deals in the U.S. have come from green tariffs with regulated utilities. It is unlikely to reach the 2.6 GW seen in all of 2018.

This may be a result of buyer apprehension, as several companies have been involved in highly publicized legal battles with regulated utilities over clean energy buying. Companies are instead favoring the virtual PPA model, which has made up 82% of all U.S. deals in 2019. Read more here.

Resources for Businesses


RE100:
191 RE100 companies have made a commitment to go ‘100% renewable’. Read about the actions they are taking and why.

Renewable Energy Buyers Alliance (REBA)
In 2018, four leading NGOS — Rocky Mountain InstituteWorld Wildlife FundWorld Resources Institute, and Business for Social Responsibility — merged their renewable energy programs, the Business Renewables Center, the Future of Internet Power, the Buyers Principles, and Green Tariff programs. This programmatic consolidation builds upon their collective success and offers a single streamlined solution.

REBA’s goal is to catalyze 60 gigawatts (GW) of new renewable energy by 2025, and expand the number of organizations buying clean power from dozens today to tens of thousands.

 

U.S. Renewable Energy Map: A Guide for Corporate Buyers,
World Resources Institute

 

Save the Date!
September 12, 2019 at 7 pm – Nebraskans for Solar’s September Speaker: David Bracht, Attorney With Kutak Rock and Former Nebraska Energy Office Director, UNO’s Barbara Weitz Community Engagement Center, Rooms 201 & 205. Mr. Bracht will provide an overview of Nebraska’s wind and solar development and our state’s potential for future growth.

Specific topics will include:

  • power purchase agreements
  • virtual power purchase agreements
  • commercial and industrial use of solar
  • the potential for combined solar and battery installations
  • incentives and depreciation

GreenBiz Webcasts

Corporate customers show up for #AmericanWindWeek

By Hannah Hunt, Into the Wind, AWEA Blog

And there’s quite a lot to celebrate. Corporate and other non-utility customers have procured more than 10,000 megawatts (MW) of wind power to date, including more than 9,700 MW in power purchase agreements (PPA) through the second quarter of this year. That’s more than Oklahoma’s installed wind capacity, the country’s number two wind state.

#AmericanWindWeek coincided with a historic announcement this week that Apple, Akamai, Etsy and Swiss Re are partnering together to purchase 290 MW from planned wind and solar projects in Illinois and Virginia, respectively. Aggregating demand can help smaller demand customers access renewable energy projects with economies of scale. Just last week, Smuckers announced a 60 MW PPA with a planned Nebraska wind project; the following day, Facebook announced its most recent 139 MW PPA with the Headwaters II Wind Farm in Randolph County, Indiana. Read more here. 

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US Corporate Renewable Energy Procurement Hits Record High

Corporate Buyer’s Guide to Wind Energy

AWEA’s newest primer introduces new corporate customers to the world of wind energy procurement.

The primer explains the multiple ways that a buyer can purchase wind energy. For those interested in learning more about PPAs, it also provides detail on the common terms found in a PPA, the typical negotiation points that can be expected, and the ways in which buyers and sellers can allocate risks inherent to the negotiation points.

GreenBiz Webinar
The Next Frontier: Emerging Models in Renewable Energy Procurement
August 21st from 12 to 1 pm Central Time

Electricity prices plunge with more renewables, study says

By David Ferris, E&E News, Wyoming Business Report

The study released by the Lawrence Berkeley National Laboratory modeled how high penetration of solar and wind power — from 40 to 50 percent — would affect system operators in New York, the Great Plains, California and Texas . . . The study looked at four system operators: the New York Independent System Operator (NYISO), the California Independent System Operator and the Electric Reliability Council of Texas (ERCOT), all of which neatly cover their home states. It also modeled the Southwest Power Pool (SPP), which encompasses part or all of five wind-rich states: Kansas, Nebraska, North Dakota, Oklahoma and South Dakota. Click here to read more.

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