Tag Archives: Renewable Energy Buyers Alliance (REBA)

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. 

Congress should consider nationwide, voluntary reporting

Written by Charles Hernick and Benjamin Backer, Guest Opinion, The Hill

voluntary federal framework for carbon reporting and offset exchange would increase transparency and accountability in the carbon space and is an actionable solution to the growing concerns over carbon emissions.

In short, it will help make sense of what states and businesses are already doing. To date, over 383 cities and municipalities have joined together as The Climate Mayors to reduce their own emissions. Additionally, more than 2,500 mayors, governors, CEOs, college presidents, faith organizations, and tribal leaders have moved to similarly track and reduce emissions.
Read more here.

About the Authors
Charles Hernick is the director of policy and advocacy at Citizens for Responsible Energy Solutions (CRES) Forum, a nonpartisan, nonprofit  organization committed to educating the public and influencing the national conversation about clean energy. Benjamin Backer is the President & Founder of The American Conservation Coalition (ACC) nonprofit organization dedicated to educating and empowering conservatives to re-engage on environmental conversations.

Referenced Initiatives: Click logos to link to websites.  

 

 

Previously Posted

MORE AGGREGATION INFORMATION & NEWS

Community Choice Aggregation, also called Municipal Aggregation:

Flush With Data Centers, Sarpy County Lines Up Another

Newcomer’s identity is not yet revealed, but size may rival Facebook’s campus.

By Cindy Gonzalez, Omaha World-Herald

The identity of the latest on-deck newcomer — which would join the likes of Facebook and Travelers insurance — for now is being kept secret from the public. Still, Papillion officials earlier this month gave the government go-ahead to what is being called “Project Wizard.” . . . What is the magnet for the data centers? [Andrew Rainbolt, executive director of the Sarpy economic development group], said they’re attracted to the area in part because of new energy rates created by the Omaha Public Power District for big electricity users seeking to power their operations with renewable energy. Read the entire article here.

Image Credit: Facebook

Papillion Data Center on Facebook

PREVIOUSLY POSTED

CORPORATE RENEWABLE ENERGY PROCUREMENT

Corporate Renewable Energy Procurement Continues to Break Records in 2018, Rocky Mountain Institute News Release

Corporate renewable energy procurement has set a new single-year record for new capacity of announced wind and solar deals in 2018, the Business Renewables Center (BRC), a membership
program at Rocky Mountain Institute, reported in its updated corporate-backed renewable energy
procurement deal tracker. “The record number of companies successfully pursuing renewable energy this year sends a clear signal that environmental sustainability is a serious priority for business leaders across the economy,” said Jules Kortenhorst, CEO of the Rocky Mountain Institute. “These companies aren’t going to wait for public policy on climate issues to catch up—they are taking the initiative to accelerate toward a prosperous, low carbon economy.”

One for the Books: The Biggest Corporate Renewable Deals of 2018, Energy Manager Today
Facebook: The BRC found that the social media giant signed 20 renewable contracts totaling 1,894.5 MW in 2018, which tops all the corporate deals the BRC tracked in 2016 put together. Those deals
included a power purchase agreement with Enel Green Power North America in March for energy from Enel’s planned 320 MW Rattlesnake Creek wind farm in Nebraska.

THE RENEWABLE ENERGY BUYERS ALLIANCE

The Renewable Energy Buyers Alliance (REBA) is led by four non-profit organizations that have brought together their deep 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 additional renewable energy in the US by 2025.

REBA Initiatives

Click image to link to the map.

Mars, Microsoft, JP Morgan Chase: Insights From Early Adopters Of Corporate Climate Policy

By Jeff McMahon, Forbes

It’s a story of stunning progress and staggering challenges. Some of the first corporations to make climate commitments have found that clean energy saves them money wherever they can find it, but often they can’t find it where they need it most.

Mars Corporation, for example, has signed power purchase agreements with wind farms in Texas, Mexico and Scotland and with a solar farm in Australia. In each case, the agreement covers 100 percent of the power demand for the direct operations of a Mars facility.
Continue reading here.

Photo by Mars Corporation: Mars candies and pet foods are powered in part by the Moy Wind Farm in Scotland.

ADDITIONAL RECOMMENDED READING

Commitments to renewable energy are a great start — what comes next?, GreenBiz. This essay was contributed by one of the NGOs that make up the Renewable Energy Buyers Alliance (REBA), a consortium dedicated to growing large buyer demand for renewable power and helping utilities and others meet it. 


To date, 158 RE100 companies have made a commitment to go ‘100% renewable’. Read about the actions they are taking and why here.


COP24 NEWS


Cop24 live blog
PV Magazine’s Max Hall will be pounding the vast spaces of the COP24 venue in Katowice to bring you the latest developments in Poland and trying to shine a light on solar’s presence here.


NEW INVESTMENT ALLIANCE

  • The U.S. Alliance for Sustainable Finance (USASF), based in New York City, will work to encourage more climate-friendly and sustainable finance innovation across the U.S. capital markets. This initiative brings together private sector actors in line with the aim of meeting the United States’ targets of the Paris Agreement.
  • Wall Street staking claim for sustainable finance supremacy, by Christian Roselund, PV Magazine. The press release noted that research indicates a sevenfold increase in global clean energy investment — $2.4T annually versus the current investment levels of $333.5B as estimated by BloombergNEF — is needed to limit the most devastating effects of climate change.

Is California Dreaming? Energy storage’s role in reaching 100% renewables

By Andy Colthorpe, Editor and Journalist, Energy Storage News

“The US really is one of the leading markets for the storage business in the world. Here in the western part of the US with such aggressive renewable portfolio standard targets, California is on a path to perhaps 100% renewables in less than 30 years. “There’s a lot of activity in Arizona too. So the western part of the US continues to blaze a trail towards much longer duration, bulk energy storage and shifting, from daytime to early evening peak. “[But] We’re [also] beginning to see the same developments in the eastern part of the US, in Massachusetts, in New York State, which has some pretty aggressive aspirations in this area. Another interesting thing is that in addition to solar and onshore wind there’s a tremendous amount of offshore wind activity in the northeast US, which was virtually unheard of a few years ago.”
– NEC Energy Solutions CEO Steve Fludder

Read more
here.

Pixabay Photo

MORE 100% RENEWABLE ENERGY NEWS

An aerial view of the Lapeer Solar Park in Michigan. Credit: DTE Energy

ADDITIONAL CORPORATE RESPONSIBILITY NEWS

Portland could make big businesses pay to protect communities of color from climate change,
Fast Company. A first-of-its-kind ballot measure in Portland, Oregon, would create a fund–via a surcharge on large companies–to support clean-energy projects in low-income communities of color.

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.

AWEA signs the Transportation Electrification Accord

By Hanna Hunt, Into the Wind, AWEA Blog

Today, AWEA joins Fortune 500 companies, including automakers and electric utilities, consumer advocates, labor groups, and other organizations to sign the Transportation Electrification Accord. We couldn’t be more excited to join this diverse and growing list of companies and organizations working to evolve our transportation sector in a manner that not only provides economic and social benefits, but also recognizes renewable energy’s critical role in electrification across the country.

Launched in June, the Accord is a set of guiding principles for supporting transportation electrification in all its forms, from the family car to the school bus to the heavy-duty truck. The Accord’s principles highlight the benefits of accelerated deployment of electric vehicles (EV) and their charging infrastructure, as well as the need to support transportation electrification at the state and local government levels. Continue reading here.

ALSO PUBLISHED BY INTO THE WIND
New report: Wind continues growing while costs continue falling

MORE EV NEWS

  • Employee owned engineering firm installing advanced electric vehicle charging on campus, PV Magazine.
    Burns & McDonnell, a 6,000-strong engineering firm, is installing a Greenlots EV charging network and integrating it into the company’s campus network. The engineers hope to offer EV related services to their many electric utility customers.
  • There’s a Plug-Free Way to Fill the World With Electric Vehicles, Bloomberg: The wireless-charging startup Hevo is developing a solution for cities where it could be too crowded to charge cars. Hevo has raised $4.5 million to date in a bid to solve that problem, with funding evenly split between venture capital and government grants. After wrapping up 10 pilot projects across four countries and four U.S. states, the seven-year-old startup is now moving into manufacturing. The company has set up shop in a factory in New York where it plans to soon crank out its first 25 wireless chargers.
  • Iowa launches electric vehicle infrastructure proceeding, Utility Dive
    Iowa had less than 2,000 EVs on the road last year and lacked any sort of purchase or statewide charging incentive, according to advocacy group Plug in America. But Iowa’s recent interest in transportation electrification puts it in good company, along with much of the country. A report from the N.C. Clean Energy Technology Center (NCCETC) last month found 36 states and the District of Columbia took actions related to EVs in the second quarter of this year.

HAPPENING IN OTHER STATES

CORPORATE RENEWABLES PROCUREMENT NEWS: AGGREGATION

Aggregation paves the way for a more diverse corporate renewables market, by Roberto Zanchi, Senior Associate, Business Renewables Center, Rocky Mountain Institute. Published by GreenBiz

This essay was contributed by one of the NGOs that make up the Renewable Energy Buyers Alliance (REBA), a consortium dedicated to growing large buyer demand for renewable power and helping utilities and others meet it. You can find the other articles here.

Akamai, Apple, Etsy and Swiss Re last month announced a renewable energy purchase that the four companies negotiated together, with technical support from their advisor 3Degrees. The collaboration among the four buyers may be the first successful all-corporate execution of “aggregation” — a process whereby two or more buyers leverage their collective purchasing power and enhance their chances of success — in renewable virtual power purchase agreements (VPPAs) in the United States.

INVESTMENT NEWS

Utility-backed fund raises $681 million for advanced energy technologies

The innovations just keep coming in the corporate-utility deal space

By Herman K. Trabish, Utility Dive

The newest innovation may be the biggest. So far, it is simply an ongoing conversation between multi-jurisdictional, vertically-integrated utilities and core members of the WRI corporate buyers group. But according to Southern Company VP for Energy Policy Bruce Edelston, it “is much bigger and broader than green tariffs.”

Click map to enlarge it.

This new WRI-led forum is called the Clean Power Council (CPC). Its purpose is “an efficient and economic transition to clean energy resources,” WRI says. It is intended to go beyond renewable energy “to enable technologies that reduce greenhouse gas (GHG) emissions while growing businesses.”  Read more here.

World Resources Institute:
The scale of the CPC membership, and potential impact, is illustrated in the CPC Utility Member Service Territories map above. WRI also coordinates this work with complementary efforts underway within the Renewable Energy Buyers Alliance (REBA). Together the REBA network aims to enable companies to buy 60 gigawatts of renewable energy in the US by 2025.

ALSO OF POTENTIAL INTEREST

Solar, Wind Provided Nearly All New Electric Generating Capacity In January, February, Solar Industry Magazine 

Apple banks on tax break to build 2nd campus, hire 20,000

By Michael Liedtyke, AP Technology Writer, Omaha World-Herald

SAN FRANCISCO (AP) — Apple is planning to build a new corporate campus and hire 20,000 U.S. workers in an expansion driven in part by a tax cut that will enable the iPhone maker to bring an estimated $245 billion back to its home country . . . Excluding banks and other financial services companies, Moody’s Investors Service estimates corporate America has an estimated $1.6 trillion in overseas cash. Most of that is in the technology industry, with Apple at the top of the heap. Read more here.

ADDITIONAL RECOMMENDED READING

 

 

 

 

 

MORE ON APPLE
This Hearst ranch has raised cattle since 1865, now it also powers Apple’s headquarters
The historic Hearst cattle ranch has become a hybrid solar farm for Apple’s Cupertino campus; The ranch claims to be the nation’s largest single-source provider of grass-fed beef; The project is still expanding, with the second phase of the 2.5 million solar panels being installed this year.

RESOURCES ON CORPORATE PROCUREMENT OF RENEWABLE ENERGY IN THE U.S.

RENEWABLE ENERGY BUYERS ALLIANCE (REBA) INITIATIVES

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