Electricity
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…
Not All Renewables Are Created Equal: Quantifying the Emissions Benefits of Institutional Renewable Energy Purchasing Options
In recent years, institutional climate action targets, renewable energy subsidies, and the rapidly falling costs of wind and solar have led more and more large institutions to begin purchasing significant quantities of off-site renewable energy. The practice has grown rapidly, from 70 megawatts purchased in 2012 to over 2,780…
Net-Zero Future at Cost Parity with Coal—In the Heart of Coal Country
Platte River Power Authority (PRPA), the generating authority that serves Fort Collins—a community Rocky Mountain Institute has been working with for a long time—and three other Colorado cities recently got the results of a study it commissioned on the relative costs of transitioning to net-zero carbon generation by 2030.
Perfect Timing for Renewables
As climate action and the commitment to hit our targets gains ground in Canada, including the federal government’s commitment to phase out coal, companies required to meet carbon and environmental obligations have realistic options worth considering. Renewable energy prices are dropping—making it easier to purchase renewable energy to meet customer…