Tag Archives: Power Purchase Agreements (PPAs)

Solar as a crop? Penn State to install state’s largest solar array on 500 acres of farmland.

By Ellie Rushing, The Philadelphia Inquirer

Glenn and Catherine Dice have been farmers all their lives, owning 60 cows at one point and growing corn, wheat, alfalfa, and barley on what has become 700 acres in Franklin County, southwest of Harrisburg. But in the last year, the Dices added a new crop to their fields: solar panels. In a growing trend across Pennsylvania and the rest of the country, the Dices have agreed to a 25-year contract to rent 134 acres to Lightsource BP, a London-based solar company with an office in Philadelphia. Lightsource is renting a total of 500 acres of land from seven Franklin County farm owners to install a utility-scale solar array with 150,000 panels, in what will be the largest solar installation in the state. It will sell the power generated to Pennsylvania State University, providing 25% of the university’s electrical needs for all its campuses. As a nonprofit, Penn State is not eligible for the 30% tax incentive that comes with installing solar. Since Lightsource is eligible, purchasing the electricity through that company significantly reduces the university’s entry cost and liability. Read more here.

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

Climate Courage—Cities and States Matter, Too

Across America, local governments are leading the way with some of the
most progressive transitions in the nation.

Contributed Opinion by Frances Moore LappéZachary Field, Common Dreams

More than one in five Americans—that’s over 70 million of us—now live in a place committed to 100 percent carbon-neutral electricity—including 131 towns and cities, seven states and Puerto Rico. The seven states already committed to carbon-neutral electricity—including two of the top nine carbon-emitters, California and New York—representing 14 percent of national emissions in 2016. With new clean-electricity bills being introduced in blue states such as MassachusettsNew Jersey and Illinois, further progress is expected soon. Moreover, the clean-electricity transition is hardly limited to liberal bastions. Continue reading here.

MORE 100% RENEWABLE ENERGY NEWS

VIRTUAL POWER PURCHASE AGREEMENTS

Q&A: How Akamai, VPPAs Are Paving the Way for a Corporate Clean Energy Future, sponsored content by Akamai, Sustainable Brands. Akamai, which has committed to power the internet more sustainably, took part in the US’ first corporate aggregated VPPA — a game-changing approach for smaller renewable energy buyers.

Save the Date!
Nebraskans for Solar’s September Speaker: David Bracht, Attorney With Kutak Rock and Former Nebraska Energy Office Director, September 12, 2019, 7 to 8:30 pm, 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

Free Greentech Media & Microgrid Knowledge Resources for Businesses, Nonprofits and Utilities

Checklist for Engaging Your Utility on Renewable Power: An energy buyer’s guide to finding the right partners to achieve your clean energy goals.

While large corporations were responsible for nearly 6 gigawatts’ worth of wind and solar power-purchase agreements last year, the options for affordable, clean, low-carbon energy are increasingly available to companies of all sizes. And when it comes to choosing an energy partner, the distribution utility that already serves your organization may be the best place to start. In this paper, Greentech Media discusses a framework for engaging your utility to move toward achieving your clean energy goals, whether the driver is sustainability, reliability, cost savings or a combination thereof.
Download the white paper here.

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The Evolution of Distributed Energy Resources

In the words of Pittsburgh Mayor Bill Peduto, we will enter a time soon when we no longer make our morning toast with energy sent from a power plant hundreds of miles away. Peduto is describing an evolution toward a more decentralized power grid, a shifting away from electricity delivered via large central power plants and long transmission lines.

While energy industry insiders are well aware of these changes, many energy consumers are not. For those managing large energy budgets, such as commercial operations, industrial facilities, hospitals and universities, this can mean money left on the table. Microgrid Knowledge produced this report, sponsored by NRG Energy, Inc., to help these sectors understand the suite of new energy options. Download the white paper here.

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How Corporations Can Embrace Distributed Energy Like Never Before

Distributed energy is an increasingly valuable player for any sustainable company that has a focus on integrating environmental and economic considerations into every aspect of the business, from supply chain management to workforce development to energy, to redefine business as usual. Whether companies want to hit sustainability goals, manage risk or optimize assets for financial gain, the expanding use of DERs is creating significant opportunities to power business in new ways.

In this white paper, Centrica Business Solutions outlines how a mix of sophisticated partnerships across the energy landscape, along with innovative financing and technology collaboration, can unlock flexible energy solutions for businesses of all sizes to embrace energy management like never before.  Download the paper here.

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2019 Trends in Utility Renewable Energy Financing

U.S. utilities of all sizes are now actively investing in lowest-cost energy options while also seeking low-carbon alternatives as states step up their clean energy mandates, with various states looking at 50 to 100 percent clean energy standards between now and 2050. Although the path for utilities to achieve scale in renewable investment varies, there are some interesting near-term issues that are relevant to a large swath of utilities.

In this white paper, CohnReznick and CohnReznick Capital experts dissect those issues, including the impact of build-transfer agreements, the challenges of third-party tax equity and the opportunity to better serve commercial & industrial clients in this shifting landscape. Download the paper here.

Mondelez International Signs VPPA for 65 MW from Texas Solar Farm

By Alyssa Danigelis, Energy Manager Today

Mondelez International signed a virtual power purchase agreement (VPPA) with Enel Green Power North America for a 65-MW portion of the renewable company’s Roadrunner solar farm in Texas. EGPNA has been on a roll. Last year saw Starbucks and Kohler signing agreements as well as Facebook and Adobe snapping up energy from the 320-MW Rattlesnake Creek wind farm. Late last year, Enel’s Hill Topper wind farm in Illinois began operations. Then the Rattlesnake Creek wind farm in Nebraska started operations in January. Read more here.

Photo Credit: Enel Green Power

Previously Posted Virtual Power Purchase Agreements

Resources

Renewable Energy Aggregation & Purchase Agreements

Educational Opportunities

OPPD sells out of shares for Community Solar program

By Sydnie Holzfaster, Fox42

In less than two months OPPD sold out of their shares to provide renewable energy to their customers through the Community Solar programSunday the environmental group Green Bellevue welcomed Cliff Mesner of Mesner Development Company and Tricia McKnight from OPPD to talk about community solar programs across Nebraska. McKnight said OPPD sold over 8,400 shares for renewable energy. The program will pull solar energy from OPPD future solar farm in Fort Calhoun, Nebraska later this year . . . Don Preister, Bellevue city councilman for the fifth ward, said the concept of a solar share program isn’t new. He has been working to bring a solar share program to Bellevue for the last eight years. Read more here.

To be placed on OPPD’s community solar waiting list, call customer care at 402-536-4131.

Bellevue’s Proposed Landfill Solar Project – Previously Posted 

Given the dramatic decrease in solar energy’s costs over the past several years since Bellevue’s landfill solar project was first proposed, it would be good to see an up-to-date analysis of the project’s levelized costs through a twenty-year power purchase agreement.

About Power Purchase Agreements

  • Solar Power Purchase Agreements, Solar Energy Industries Association 
    A solar power purchase agreement (PPA) is a financial agreement where a developer arranges for the design, permitting, financing and installation of a solar energy system on a customer’s property at little to no cost. 
  • Power purchase agreements, by Jason Kuiper, The Wire, OPPD Blog
    Currently, OPPD utilizes PPAs for the output of five wind farms: Grande Prairie, Prairie Breeze, Flatware, Petersburg, as well as Sholes, which is under construction. Also, OPPD has signed power sales agreements with NPPD for the partial output of five other wind farms. Those farms are Ainsworth, Broken Bow 1, Broken Bow 2, Crofton Bluffs and Elkhorn Ridge. The normal term of OPPD’s PPAs is 20 years. The new community solar project near Fort Calhoun is under a PPA, with NextEra Energy Resources.

About N-Solar

 

 

 

Sol Systems News Release
With a long history of serving Nebraska communities, Mesner Development assembled a team of solar energy experts, including GenPro Energy Solutions for site development and construction and Sol Systems for project development and power purchase agreements. To date, the companies comprising N-Solar have developed, constructed, or financed a combined 17.6 megawatts of solar electric generating capacity across Nebraska.

Top Photo by N-Solar: Central City’s 499-kW Municipal Solar System

NPPD’s SunWise Community Solar


Request Community Solar: If you are an NPPD customer and would like to request community solar for your community, click here to submit the SunWise Community Solar Interest Form.

Nebraska surprise: State poised to become Midwest building efficiency leader

By Robert Walton, Utility Dive

Nebraska lawmakers on Thursday passed LB 405 to update the state’s energy codes for residential and commercial buildings, potentially the first substantial changes to the regulations in a decade. The state is currently utilizing the 2009 International Energy Conservation Code (IECC) for its building energy codes, but if Gov. Pete Ricketts, R, signs the bill, Nebraska will switch to the 2018 version, yielding the strongest efficiency codes in the Midwest, advocates  say . . . The bill was presented to Ricketts on May 2, and state law gives the Nebraska governor five days to act, not including Sundays. Absent a veto, the new codes will be adopted at the end of Wednesday. Read more here.

Additional Recommended Reading

Wind farm sites guided by data, science, relationships, The Wire, OPPD Blog
OPPD does not build its own wind energy facilities. Instead, they contract with developers such as NextEra Energy Resources on projects and enter into purchase agreements for the energy produced. OPPD and other public power utilities use PPAs for renewable projects to be eligible for federal production tax credits. They then pass these savings on to their customers. These partnerships occur after OPPD issues a request for proposal (RFP) and evaluates bids from companies competing for OPPD’s business. Wind facilities are often sited before OPPD enters into a purchase agreement. To date, all of the wind farms contracted with OPPD are located in Nebraska. And that is not a coincidence.

Missouri utilities consider program to pay for efficiency on customer bills

Written by Karen Uhlenhuth, Midwest Energy News

The Pay As You Save program puts energy efficiency projects within reach
for renters and lower-income customers.

Missouri utilities are studying a potential program that would let customers pay for energy efficiency projects through their monthly bills. Pay As You Save, or PAYS, has been primarily used by rural electric cooperatives, but it has supporters in Missouri and Iowa who think it could be a valuable tool to put energy efficiency upgrades within reach for more customers. A consultant recently analyzed the program’s potential for all three of Missouri’s investor-owned utilities. Continue reading here.

Photo Credit: Roy Manchester / Flickr: Countdown To My Electric Bill

CORPORATE RENEWABLE ENERGY BUYING

As corporate renewable buying surges, innovative PPAs pressure utilities to improve green tariffs, Utility Dive. Green tariff structures that
allow utilities to serve corporate demand for renewables within
regulatory rules continue to evolve slowly. But power purchase agreements between renewables developers and big energy users are adding innovative, risk-limiting financial strategies that make them
more appealing and challenge utilities to match the offers.

ADDITIONAL RECOMMENDED READING

U.S. SOLAR PANEL MANUFACTURING 

SunPower officially producing P-Series at former SolarWorld factory in Oregon