Electricity
China’s Move Away from Voluntary Green Certificates: Implications for Corporate Renewable Procurement
On March 23, 2018, China’s National Energy Administration (NEA) released for comment a draft of a groundbreaking national policy, the Renewable Portfolio Standard and Assessment Methods (the “draft policy”), that would create a market for renewable energy certificates (RECs). The new REC market is a positive signal and could be…
When Cheap Doesn’t Cut It: Why Energy Buyers Should Look at Value, not Just Cost
“New Record Set for World’s Cheapest Solar.” A headline like this makes for great social media fodder. The downward trend in renewables prices is fantastic—it’s the most important driver for the growth of solar and wind energy. However, when your business or utility is comparing different energy projects, looking…
Customer-Centric Energy Transformation
Download RMI’s new report, Customer-Centric Energy Transformation: A Case Study of the Opportunity with Green Mountain Power The U.S. electricity industry needs new business models to complete the transformation to an affordable, reliable, low-carbon energy system. New models that transition away from traditional cost-of-service regulation can empower customers to…
How Corporations Can Maximize the Environmental Benefits of Their Renewable Energy Purchasing
In late January 2018, two announcements offered strong confirmation of corporations’ global renewable energy leadership. On January 22, Bloomberg New Energy Finance announced that 2017 had been a record-setting year for corporate renewables procurement via power purchase agreements: an impressive 5.4 GW of contracts for clean power were signed—including…
Taiwan Makes It Easier for Global Companies to Procure Local Renewable Energy
Manufacturing powerhouse Taiwan has created a renewable energy credit (Taiwan-REC or T-REC) scheme that allows companies, including foreign companies, to procure directly from renewable energy projects. This is part of an emerging trend among countries vital to the global supply chain that will simplify corporate sustainability and stimulate the addition…
