Tag Archives: GreenBiz

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

Another Renewable Energy Baby Step For BP, Another Deep Dive For Enel

By Tina Casey, CleanTechnica

At the recent Symposium on Sustainability in Venice, CleanTechnica got a first-hand chance to compare how two energy giants, BP and Enel, are managing the road to decarbonization. Enel reinforced its headlong dive into renewable energy while BP underscored a much more cautious path. That contrast came into full force just this week with new announcements from the two companies. Enel’s big renewable energy news came earlier this week, when the company confirmed that electricity from its new 320 megawatt Rattlesnake Wind Farm in Nebraska would go to two high profile buyers, Facebook and Adobe . . . Meanwhile, baby steps for BP. Read more here.

Enel Press Release: Enel sells energy from new US wind farm to Facebook and Adobe
BP Press Release: BP Ventures to Invest $500,000 in Clean Energy Consortium

Image: Nebraska Rattlesnake Wind Farm rendering

ALSO IN NEBRASKA
Why smart irrigation startups are bubbling up, GreenBiz
“One thing that differentiates WaterBit is its use of solar power, rather than short-lived batteries, to keep gadgets up and running in the field.” Besides WaterBit, the article briefly describes an additional “10 ventures that have captured the attention of the venture capital and incubation community,” including AquaSpy: “This venture, which originally tested its technology in Adelaide, South Australia, is finding a following in Nebraska, where it helps farmers save an average of 2 inches per acre. It is funded with close to $11 million.” To read more about WaterBit and the other 10 startups, click the article title.

To learn more about WaterBit’s use of solar power in irrigation, listen to Episode 117, GreenBiz 350 Podcast starting tomorrow.

SOUTHWEST POWER POOL NEWS
A huge new record in the Southwest Power Pool, Into the Wind, AWEA Blog
The Southwest Power Pool (SPP) just set a huge new wind penetration record: on March 16 a little over 60 percent of the system’s electricity came from wind power. That’s a big deal for a system that provides electricity to customers across 14 states.

SPP FAST FACTS
An Overview of the SPP System
SPP has members in 14 states: Arkansas, Iowa, Kansas, Louisiana, Minnesota, Missouri, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Texas and Wyoming.

  • Service territory: 546,000 square miles (approx.)
  • Substations: 4,835
  • Generation plants: 790
  • Miles of transmission: 65,755
  • Coincident peak load: 50,622 MW (July 21, 2016)
  • Generating capacity: 83,945 MW
  • Energy consumption: 266.4 TWh

Expect strong growth this year for commercial energy storage

By Adam Wilson, Navigant Research Analyst, GreenBiz

Renewable generation deployments (primarily solar photovoltaic and wind farms) have grown substantially over the last decade and are forecast to continue growing well into the future. That’s thanks to lower costs and technological improvements leading to increased power output.

Indeed, the International Energy Association expects that average annual global renewable installations will be 80 percent higher than coal, oil and natural gas combined between 2017 and 2040. Separately, Navigant Research anticipates that wind and solar PV installations — both in front of and behind the meter — will surpass 1,500 gigawatts cumulatively between 2017 and 2026. Continue reading here.

Photo: Shutterstock

ALSO RECENTLY POSTED
New Tax Bill Offers Unexpected Benefits to Commercial Solar Installations

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

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)

An open letter to President-elect Trump on clean energy

greenbiz

Written by Ron Pernick and Clint Wilder. Published by GreenBiz

Dear President-elect Trump,

For nearly two decades, we’ve been tracking and chronicling the transition to a clean-energy economy. While we know that we don’t see eye-to-eye with you on all of the issues, we wanted to send you the following “open letter” to update you on the clean-energy business opportunity, and what you might do as president to enable a massive infrastructure build out which supports American jobs and home-grown energy. Continue reading.

Ron Pernick is Founder and Managing Director and Clint Wilder is Senior Editor of Clean Edge Inc. Photo: Kaiser Permanente solar installation. Credit: First Solar

ADDITIONAL RECOMMENDED READING
OTHER VOICES: Wind energy: It’s good business, by Debi Durham, former president of the Siouxland Chamber of Commerce and currently director of the Iowa Economic Development Authority. Published by the Sioux City Journal

Opinion: Clean energy still trumps partisan politics

Midwest Energy News Commentary, by Jeremy Kalin, CEO of Minneapolis-based Eutectics, whose mission is to mobilize capital in underserved and untapped clean energy markets nationwide.

jeremy-kalinThe economics of solar and energy efficiency remain as strong today as they did before Election Day. Even rumored major tax reform cannot roll back the strong value proposition for clean energy. Solar projects continue to “pencil-out” for business owners, public buildings, affordable housing properties and individual homes. LED lighting will continue to be a “no-brainer,” with a solid return on investment. Clean energy progress happens out in the community – not in a politician’s office. And we know that clean energy is good business, exceeding $44.7 billion in investments in the United States last year, according to Bloomberg New Energy Finance.
Read more.

 ADDITIONAL RECOMMENDED READING

Midwestern cities recognized for pursuing solar-friendly policies

Written by Karen Uhlenhuth, Midwest Energy News

solar-minneapolis

Six Midwestern cities are among 22 communities nationwide that were commended on Monday for taking innovative approaches to streamlining solar development. Their actions were aimed at reducing the “soft costs” of solar installation – the costs outside the actual hardware – and are estimated by the federal Department of Energy to comprise about two-thirds of the price of a solar installation . . . Although federal and state governments generally take the spotlight for offering tax breaks and other incentives aimed at fostering solar, “cities can do a lot about soft costs,” said Gayle Prest, Minneapolis’ sustainability director. Click to read more.

Photo: Sundial Solar / Minnesota Solar Challenge via Creative Commons

ADDITIONAL RECOMMENDED READING