Tag Archives: renewable energy aggregation

Sizing Up the Corporate Renewables Market

Corporate wind and solar procurement is in its early innings, a new analysis from WoodMac and the American Wind Energy Association says.

By Karl-Erik Stromsta, Greentech Media

Anyone watching the recent explosion of demand for renewable power from corporations like Facebook, Walmart and even ExxonMobil will have wondered: how far can this go? Much, much further, is the short answer. For all its recent gains, the corporate renewables market is likely in its very early innings, according to a new analysis from Wood Mackenzie and the American Wind Energy Association (AWEA).

Solar is likely to eclipse wind as the technology of choice for most corporate deals by the early 2020s. That’s due not only to a more favorable phaseout schedule of its main subsidy but also because of inherent economic advantages in its generation profile, with solar’s natural midday output more valuable to most companies. Read more here.

The report’s free 40-page executive summary is available for download here.

Additional Recommended Reading

Solar to overtake wind in corporate renewable procurement, PV Magazine
With the capacity of renewable generation by corporations rising exponentially every year and expected to continue to do so, with the exception of an expected two-year dip when the ITC runs out, the question of why corporations are moving towards renewables becomes increasingly important. To answer that question, AWEA and WoodMac identified four key factors that accelerate adoption: branding, investor pressure, peer pressure, and the utilization of Corporate Social Responsibility to mitigate future business risks.

Those first three factors are fairly self-explanatory. The opinion that humans are contributing to irreversible and damaging climate change is a popular one that grows in popularity by the day. As more people believe it, so too will more companies, as, spoiler alert, companies are comprised of people. So between pressure from customers, competitors and investors, as well as a held belief that climate change is occurring, more companies will look to tackle this threat.

Wind feels heat from solar for US corporate renewable top-spot, Recharge News
Up to 85GW of renewables demand exists within Fortune 1000 companies through 2030 as PV challenges current sector leader wind.

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

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

2019 US Solar Market Outlook: What is happening in the US solar market, and what can we expect in US solar in the next 12 months?

Sponsored Content, CleanTechnica Media

States, cities, communities, and businesses are responding with increasingly ambitious
sustainability goals that are driving solar market growth forward, according to the
Deloitte 2019 Renewable Energy Outlook. There’s a lot happening in the marketplace — smaller corporations are joining the corporate procurement market, oil and gas companies are moving solar into their energy mixes, and asset management companies have been foregrounding
new opportunities for their clients for solar growth. Read more here.

Photo by Martin Tidbury/Flickr

Additional Recommended Reading
Renewable energy growth in USA to continue in 2019, says Deloitte, Market Business News

FEATURED OPINION

We can’t wait for Washington’s Green New Deal. California needs just transition now, Sacramento Bee
The authors: Miya Yoshitani is the executive director of Asian Pacific Environmental Network. Gladys Limón is the executive director of California Environmental Justice Alliance.

With a Green New Deal, we can build distributed energy resources that generate and store clean, renewable power locally and regionally. California has a head start. Local clean energy aggregators have sprung up in counties across the state so that people can decide where they get their power. Last year, our state committed to achieving 100% renewable energy by 2045. Frontline communities helped create the Solar on Multifamily Affordable Housing (SOMAH) program to invest $1 billion to bring solar power to working-class renters. The California Public Utilities Commission agreed to fund community shared solar projects, which put clean energy in our neighborhoods. Such steps are crucial, but we need a full commitment and a comprehensive strategy. The Golden State must lead the way. It’s time for a Green New Deal in California.

Previously posted: 

FEATURED RESOURCES: LOCATING SOLAR ON BROWNFIELDS

Many communities are turning old coal plants, closed landfills and other brownfields into solar farms. EPA’s RE-Powering Mapper is an online interactive web application that allows users to visualize key information on renewable energy potential at specific contaminated lands, landfills and mine sites. Using screening criteria developed in collaboration with the National Renewable Energy Laboratory (NREL), EPA has pre-screened more than 130,000 sites for their renewable energy potential.

Access the updated RE-Powering Mapper here. 
Learn more about EPA’s RE-Powering America’s Land Initiative here.

Pixabay Photo: Solar Boom

North America’s Resilient Grid for Renewable Energy

By Gordon Feller, Transmission & Distribution World

A growing chorus of experts now believe that new grid infrastructure in North America must facilitate a
massive reduction of greenhouse gas emissions while, at the very same time, protecting the electrical
transmission system against natural and human made threats.

An ambitious project, The North American Supergrid (aka, NAS, or Supergrid), as proposed by the Washington DC-based nonprofit Climate Institute, aims to address this problem. Read more here.

 

Climate Institute Website
North American Supergrid


ADDITIONAL RECOMMENDED READING

Top Companies Embracing Clean Energy in 2019,
Business News Daily. The 2019 Q1 Carbon Clean list,
released by As You Sow, a nonprofit that promotes
environmental and social corporate responsibility,
showcases the world’s top-ranked “clean” companies based on their “total green energy revenue.”

CORPORATE RENEWABLE ENERGY BUYERS’ ALLIANCES

RE100: To date, 165 RE100 companies have made a commitment to go 100% renewable. Read about the actions they are taking and why here.

Renewable Energy Buyers Alliance (REBA) is a consortium dedicated to growing large buyers’ demand for renewable power and helping utilities and others to meet it.

RENEWABLE ENERGY AGGREGATION NEWS

RFP seeks renewable power from public entities in Texas,
Renewables Now 

By late April Texas Energy Aggregation (TEA) will be accepting proposals for wholesale renewable power to supply school districts, universities, state agencies and other public entities in the Lone Star State that want to get pooled access to low-cost green energy.

21 New York Universities Form Renewable Energy Purchasing Consortium, Clean Technica
21 public and private universities in the state of New York have banded together to create the New York Campuses’ Aggregate Renewable Energy Solutions consortium (NYCARES), which seeks to lower financial barriers to renewable energy procurement through combined purchases.

ELECTRIC TRANSPORTATION

 

Siemens to Supply Motors for Eviation’s All-Electric Airplanes,
Greentech Media. 
Startup Eviation Aircraft and Siemens will jointly develop propulsion systems for the Alice, a nine-passenger electric commuter plane.


A Q&A With Rivian, the Amazon-Backed Electric Truck Startup, Greentech Media
‘Alexa, charge my electric vehicle’ now an option for some EV owners, American Public Power Association

STEM CAREERS / EDUCATION

Bloomberg, Cox Enterprises, Gap Inc, Salesforce and Workday Close All-New Renewable Energy Aggregation Deal

Bloomberg News Release

Excerpt: This group of companies, coming together as the Corporate Renewable Energy Aggregation Group, is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project. The unprecedented coordination between five international businesses lays the groundwork for other corporates to procure renewable energy cooperatively, maximizing value and reducing risk. Read more here.

Flickr Photo

MORE ABOUT RENEWABLE ENERGY AGGREGATION 

LevelTen Energy YouTube Video: Corporate Renewable Energy Aggregation Group Case Study

 This is the first example of companies aggregating similar, relatively small amounts of renewable energy demand to collaboratively enter into a virtual power purchase agreement (VPPA), collectively acting as the anchor tenant for a large offsite renewable energy project.

RENEWABLE ENERGY BUYERS ALLIANCE

The Renewable Energy Buyers Alliance (REBA) is led by four major nonprofit organizations that have brought together their expertise in transforming energy markets.

Collectively, REBA works with more than 100 large buyers that represent enormous demand for renewable power. REBA’s goal is to help corporations purchase 60GW of renewable energy in the US by 2025.

REBA Initiatives

U.S. Renewable Energy Map – Click image to link to it. 

California’s rooftop solar mandate will normalize clean energy

By Eillie Anzilotti, Fast Company

At the end of 2018, California gave final approval for new building codes that will require every new home built in the state to come equipped with rooftop solar, or source power from a
community solar array–starting in 2020. From a sustainability policy perspective, this is a huge step forward. “It’s definitely a bold move,” says Kelly Knutsen, director of technology
advancement for the California Solar and Storage Association (CalSSA), which pushed for the mandate to pass.

California is the first state in the country to adopt such a mandate, and it will apply to the
approximately 80,000 new homes built in the state every year. The code also requires new
construction to have more rigorous efficiency measures–like thicker insulation and tighter
sealing doors–and encourages building developers and solar providers to add onsite battery
storage and solar-powered water-heating systems alongside the rooftop arrays.
Read more here.

Photo Credit: Sunrun

MORE GOOD NEWS FROM STATES

INDUSTRY OUTLOOK

2019 Renewable Energy and Power Industry Outlook, Deloitte
Posted by AltEnergy Magazine. Despite uncertainty about federal tax reform effects and a spate of new import tariffs, strong fundamentals continue to underpin wind and solar growth and supported growth in 2018. And these are buoyed by the 3 enabling trends of emerging policies, expanding investor interest and advancing technologies, which we see continuing into 2019. 

MODEL RENEWABLE ENERGY AGGREGATION INITIATIVES

RECOMMENDED TED TALKS FOR THE NEW YEAR

5 Renewable Energy TED Talks To Start Your 2019, Forbes
This selection of TED Talks covers some of the most fascinating and promising energy topics for 2019. Be sure to read the 2018 Climate Change Overview and list of Energy Trends To Watch In 2019 before diving into these talks to better understand the impact of these new developments.