Tag Archives: Corporate Renewable Energy Buyers’ Principles

That $3 Trillion-a-Year Clean Energy Transformation? It’s Already Underway.

By Phil McKenna, Inside Climate News

To keep global warming in check, the world will have to invest an average of around $3 trillion a year over the next three decades in transforming its energy supply systems, a new United Nations climate science report says. It won’t be cheap, but it’s also a change that’s already underway . . . Corporate giants including Google and Apple, for example, purchase enough renewable energy to cover 100 percent of their power needs. The research and sustainability advocacy group Ceres has been working with companies and large investors for years to help them understand both the risks to their portfolios from high-carbon sources and the opportunities of investing in cleaner infrastructure as renewable energy prices fall. Ceres argued in a report released earlier this year that achieving a “clean trillion” in additional annual investment in clean energy and infrastructure is “eminently feasible.” Read more here.

Photo Credit: Dennis Schroeder/NREL

Ceres is a sustainability nonprofit organization working with the most influential investors and companies to build leadership and drive solutions throughout the economy. Through powerful networks and advocacy, Ceres tackles the world’s biggest sustainability challenges, including climate change, water scarcity and pollution, and human rights abuses.
Initiatives include:
Climate Action 100+

Clean Trillion

ADDITIONAL INITIATIVES – JUST SOME OF THEM

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center are the core initiatives of the Renewable Energy Buyers Alliance (REBA). 

REBA helps companies understand the benefits of transitioning to renewables, connecting large buyer demand to renewable energy supply, and helping utilities better understand and serve the needs of all energy buyers.

Click these links to learn more:

RE100 is a collaborative, global initiative uniting more than 100 influential businesses committed to 100% renewable electricity, working to massively increase demand for – and delivery
of – renewable energy. A growing number of RE100 businesses are also helping their suppliers access renewable energy for their own operations, exponentially contributing to global wind and solar energy deployment.

RE100 is sponsored by The Climate Group in partnership with CDP. Both organizations are part of the We Mean Business coalition, working with leading businesses around the world.

Sierra Club’s Ready for 100
Currently 88 cities have committed to 100% renewable energy in Sierra Club’s Ready for 100 initiative. The Sierra Club, founded in 1892, has 3.5 million members and supporters nationwide. Sierra Club’s Ready for 100 recently teamed up with Climate Parents and Seventh Generation for 100% clean energy.
Just Released: 2018 Case Studies Reports featuring 10 new cities that are ready for 100% clean energy!

The Billion Dollar Green Challenge
The Billion Dollar Green Challenge encourages colleges, universities, and other nonprofit institutions to invest a combined total of one billion dollars in self-managed “green revolving funds.” The Sustainable Endowments Institute launched The Challenge in 2011. Download a brief summary that explains The Billion Dollar Green Challenge, including partners and funders.

Interfaith Center on Corporate Responsibility
Currently celebrating their 47th year, the Interfaith Center on Corporate Responsibility (ICCR) pioneered the use of shareholder advocacy to press companies on environmental, social, and governance issues. This coalition of over 300 global institutional investors currently represents more than $400 billion in managed assets. Leveraging their equity ownership in some of the world’s largest and most powerful companies, ICCR members regularly engage management to identify and mitigate social and environmental risks resulting from corporate operations and policies.

Green Faith
Green Faith’s mission is to inspire, educate and mobilize people of diverse religious backgrounds for environmental leadership. “Our work is based on beliefs shared by the world’s great religions – we believe that protecting the earth is a religious value, and that environmental stewardship is a moral responsibility.”

As You Sow
Founded in 1992, As You Sow promotes environmental and social corporate responsibility through shareholder advocacy, coalition building, and innovative legal strategies. Their vision is a safe, just, and sustainable world in which protecting the environment and human rights is central to corporate decision making. “Corporations are responsible for most of the pressing social and environmental problems we face today — we believe corporations must be a willing part of the solutions.”

Green America
Green America’s mission is to harness economic power—the strength of consumers, investors, businesses, and the marketplace—to create a socially just and environmentally sustainable society. The organization focuses on four areas for system transformation, insisting on social justice and environmental health across all sectors. “We believe if we can get these right, the rest of the economy will follow: 1. Climate and clean energy, 2. Sustainable food and agriculture,
3. Responsible investing and 4. Fair labor.” Campaigns include: Clean Energy Victory Bonds

Proxy Preview
Proxy Preview is a collaboration between three organizations: As You Sow, Sustainable Investment Institute, and Proxy Impact to help investors align their values with their investments. Publishes Annual Guide: Proxy Preview 2018 is the 14th edition of the insider’s guide to social and environmental shareholder proposals. This free publication is the #1 resource for shareholders looking to align their values and investments. “Bible for socially progressive foundations, religious groups, pension funds, and tax-exempt organizations” – Chicago Tribune

SocialFunds.com
Social Funds.com features over 10,000 pages of information on SRI mutual funds, community investments, corporate research, shareowner actions, and daily social investment news.

The Shine Campaign is a new, global campaign blending communities of faith, philanthropy and finance to solve energy poverty.

GreenBiz’s First Quarter Corporate Clean Energy Deal Tracker: Facebook’s Nebraska PPA Biggest Single Deal

By Cassandra Sweet, GreenBiz Group

Facebook signed a deal in March to buy all the power generated from a 320-megawatt Nebraska wind farm by 2029 to power a new data center in Papillion, Nebraska, about 120 miles from the wind farm. The bundled, long-term power purchase agreement that Facebook signed with project owner and developer Enel Green Power North America is actually an amended version of a contract the companies signed in November for 200 megawatts of wind power. The wind farm, Rattlesnake Creek, is under construction and is expected to start generating power by the end of 2018. Click here to read the entire article.

GreenBiz Graphic: Biggest Corporate Renewable Energy Deals During First Quarter 2018 (PDF)

Enel Image: Rendering of Nebraska’s Rattlesnake Creek Wind Farm

ENEL PRESS RELEASES

How corporate buyers, utilities can embrace the low-carbon future together

Written by Heather Clancy, GreenBiz

So far this year, Fortune 500 organizations — many of them eager to meet greenhouse gas (GHG) emissions reductions targets — have signed contracts that will add more than 2 gigawatts of solar and wind power to the U.S. grid in both regulated and deregulated states, according to data collected by the Business Renewables Center, part of the Rocky Mountain Institute. Almost 90 percent of those buyers were newcomers to the marketplace.

One area that corporate energy buyers and sustainability teams with clean power targets should watch closely over the next 12 months is green tariffs, which are programs that allow customers to source renewable energy in regulated states at a fixed rate. According to research by the World Resources Institute, there are now 17 of these programs available in 13 states.

For this article, Bill Weihl, director of sustainability at Facebook, provides information about OPPD’s green tariff adopted earlier this year.

Read more here.
Facebook Image: Papillion Data Center Rendering

ADDITIONAL RECOMMENDED READING

The U.S. Renewable Energy Map
Includes OPPD’s Green Tariff

Click map to enlarge it. 

The U.S. Renewable Energy Map: A Guide for Corporate Buyer reveals where purchasers can access the renewable energy they want at the scale they need through their utility. The map tracks renewable energy purchasing options in different states, including green tariff programs and other utility renewable energy products. Buyers use the map to inform decisions on where to site new facilities, prioritize their renewable energy purchasing strategies, and ultimately meet their clean energy goals. Recognizing the growing demand for renewable energy, states and their utilities use the map to compete for economic development by showcasing available renewable energy products.

The map also compares each product to the Corporate Renewable Energy Buyers’ Principles and includes details from World Resources Institute’s Emerging Green Tariffs in U.S. Regulated Electricity Markets publication.

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center are the core initiatives of what became the Renewable Energy Buyers Alliance, or REBA. The alliance’s goal is to help US corporations add 60 gigawatts of renewable energy capacity to the grid by 2030.

Click these links to learn more:

 Related Reading

As Iowa Leads, Midwest Plays Growing Role in Cloud Geography

By Rich Miller, Data Center Frontier

As Internet titans seek to distribute large files to support videos, gaming and virtual reality, the center of the country is proving to be the ideal place to add data center capacity. This trend is spurring a data center building boom, pumping billions of dollars into towns across America’s heartland. Five large cloud companies – Apple, Google, Amazon, Microsoft and Facebook – are investing more than $11 billion to build massive server farms across Iowa, Ohio and Nebraska. Procuring green energy has become a priority for cloud builders, who use enormous amounts of electricity as they consolidate enormous volumes of business activity inside their walls. In 2016, data center providers signed contracts for more than 1.2 gigawatts of renewable power.

Click here to read more.

Photo: An illustration of Apple’s planned $1.3 billion data center campus in Waukee, Iowa. Credit: Apple

TOOL FOR CORPORATE RENEWABLE ENERGY BUYERS
U.S. RENEWABLE ENERGY MAP

The U.S. Renewable Energy Map: A Guide for Corporate Buyers reveals where corporations can access the renewable energy they want at the scale they need through their utility.

The map tracks renewable energy purchasing options in different states, including green tariff programs and other utility renewable energy products. Buyers use the map to inform decisions on where to site new facilities, prioritize their renewable energy purchasing strategies, and ultimately meet their clean energy goals.

The map also compares each product to the Corporate Renewable Energy Buyers’ Principles. Nebraska’s available products meet all 6 principles: Choice, Cooperation, Cost-Competitiveness, Financing Tools, Long-Term Pricing, New Projects.

Updated U.S. Renewable Energy Map Includes OPPD’s New Green Tariff

The “U.S. Renewable Energy Map: A Guide for Corporate Buyers” reveals where purchasers can access the renewable energy they want at the scale they need through their utility. The map tracks renewable energy purchasing options in different states, including green tariff programs and other utility renewable energy products. Buyers use the map to inform decisions on where to site new facilities, prioritize their renewable energy purchasing strategies, and ultimately meet their clean energy goals. Recognizing the growing demand for renewable energy, states and their utilities use the map to compete for economic development by showcasing available renewable energy products.

The map also compares each product to the Corporate Renewable Energy Buyers’ Principles and includes details from WRI’s Emerging Green Tariffs in U.S. Regulated Electricity Markets publication.

technical note describes the scope and analytical methodology for the renewable energy options identified in the map.

 ADDITIONAL RECOMMENDED READING

OPPD News Release: Stay Cool This Summer With Smart Energy Savings

The Omaha Public Power District wants to help customers stay cool this summer by making smart energy choices. Power Forward solutions, a portfolio of demand-side management programs, are helping customers manage their electric use while working toward the district’s goal of shedding 300 megawatts (MW) of peak demand by 2023. Peak demand occurs on the hottest days of the summer, when air conditioners are working the hardest. Reducing the need for electricity at these times reduces the need to build another power plant. That helps keep rates low for all customers. One of OPPD’s Power Forward programs is Cool Smart. So far, 42,000 customers are actively participating in this air conditioning management program, and they’re getting paid to do so. Click here to learn more about Cool Smart and another OPPD program, HVAC Smart.

OPPD FEATURED IN UTILITY DIVE ARTICLE
Green designs: Corporate demand pushes new generation of utility green tariffs
By 
Herman K. Trabish

Corporations are hungry for green energy — nearly half of Fortune 500 companies have climate or renewable power goals, according to a recent report. Utilities know they must satisfy this growing demand or risk losing business to independent renewable energy developers. To do so, many are designing innovative rate designs — labeled green tariffs — to provide wind and solar power to corporations like Facebook, Yahoo and
Amazon . . . Nebraska’s Omaha Public Power District (OPPD) is the first public power utility designing a green tariff, with Facebook expected as its first customer.
Read the entire article. 

Exponential Power – Corporate Leaders Catalyze The US Transition To Renewable Energy

By Laura Paskus, World Wildlife Fund Magazine, Spring 2017 Issue

Three and a half years ago, Steven Skarda traveled from Procter & Gamble’s corporate engineering office in Ohio to WWF’s headquarters in Washington, DC. He faced a challenge: The multinational company had set ambitious renewable energy goals for its US-based facilities in response to the climate crisis, and as the company’s lead on climate and energy issues, it was Skarda’s job to figure out how to hit those targets. WWF said it could help . . . At the time, regulated monopolies like Georgia Power offered few or no options for customers to buy renewable energy directly, and weren’t planning to offer them. Few utilities knew that more corporations wanted renewable energy to power their operations. Read more here.

“REBA and the Buyers’ Principles have been remarkable in opening the eyes of legislators, regulators, governors, policymakers, and utilities about the corporate demand for renewables, and in getting them to the table to start engaging with corporate buyers in meaningful discussions.”  – Bill Weihl, Sustainability Director, Facebook

The Corporate Renewable Energy Buyers’ Principles and the Business Renewables Center are the core initiatives of what has become the Renewable Energy Buyers Alliance, or REBA. The alliance’s goal is to help US corporations add 60 gigawatts of renewable energy capacity to the grid by 2025. That’s a lot of power—equivalent to half of all the wind and solar energy added to date.

Click these links to learn more:
Corporate Renewable Energy Buyers’ Principles 
Business Renewables Center – Rocky Mountain Institute
Renewable Energy Buyers Alliance (REBA) 

Corporate Renewable Strategy MapWhere companies can buy renewable energy through the grid.

Can green tariffs attract big business to states?

By Celina Bonugli, GreenBiz

Advanced Energy Economy cites that nearly half of Fortune 500 companies have a sustainability or renewable energy target; 22 have committed to 100 percent renewable energy. These companies include Walmart, General Motors, Amazon and others who also have signed on to the Corporate Renewable Energy Buyers’ Principles. That said, not all states are created equal
in their ability to provide corporations with the renewable energy they want at the scale they need . . . There are 10 green tariff programs in operation across the United States responsible for about 450 megawatts (MW) of new renewable energy production. Click here to read more.

Renewable Energy Buyers Alliance (REBA)

Going green: Kearney on renewable energy map

Kearney Hub Opinion

How the new 5.8-megawatt community solar project will benefit Kearney:

First, residents and commercial consumers will be able to buy the solar energy, if powering their homes and businesses with green power is important to them. Second, and perhaps more important, the project will serve as a giant billboard for Kearney’s Tech oNE Crossing to aid in recruiting technology firms to the city’s tech park. Kearney lost the bid a few years ago for a $1 billion Facebook data center not because we offered sharply reduced electrical rates for the power-gobbling data center, but because the winning bid from Iowa included renewable wind energy. With an $11 million solar array in the works, Kearney is now a player in the technology recruitment game. Third, the city, school district, county and other taxing entities will get a bump in their tax draws as the solar array and new tech firms fill the Tech oNE park.
Read more here.

Photo: Downtown Kearney. Credit: Nebraska Business First

RECOMMENDED READING
Facebook is one of 65 signatories to the Corporate Renewable Energy Buyers’ Principles.

Corporate Renewable Strategy Map

Corporate Buyers’ Principles signatories need to buy nearly 44 million megawatt hours of renewable energy across the US by 2020. States that offer products can compete for this economic development and these companies more effectively. The Corporate Renewable Strategy Map shows where large energy buyers can access the renewable energy they want at the scale they need.

More websites of potential interest

Google Announcement: 100% renewable is just the beginning

Today, we are the world’s largest corporate buyer of renewable power, with commitments reaching 2.6 gigawatts (2,600 megawatts) of wind and solar energy. That’s bigger than many large utilities and more than twice as much as the 1.21 gigawatts it took to send Marty McFly back in time. Read more here.

Click infographic to enlarge it. 

SEE ADDITIONAL ANNOUNCEMENTS & NEWS AT THESE WEBSITES