COP28: Global clean energy buyers call for a tripling of renewable electricity capacity by 2030 4th December 2023 Corporate clean energy buyers are urging world leaders at COP28 to agree on a global target to triple renewable electricity capacity by 2030[1]. In an open letter released today corporate clean energy buyers call for a unified …
Corporate energy buyers: use EU Action Plan for Grids to unlock more wind and solar power plants funded by corporate offtakers RE-Source Platform welcomes the European Commission’s Action Plan for Grids but urges greater attention to be paid to the needs of corporate renewable energy offtakers. RE-Source welcomes the recognition that grids are the backbone …
Nine sectors beyond IT and heavy industry reach corporate renewable PPA landmark A wide variety of sectors are now investing in corporate renewable PPAs as more and more companies look to decarbonise. Corporate renewable PPAs have long been dominated by heavy industry and the IT sector. Amazon, Meta, Google, and Microsoft were the four biggest corporate buyers of …
Nine sectors beyond IT and heavy industry reach corporate renewable PPA landmark Read More »
21 out of 27 EU countries have now registered corporate renewable PPAs Just six countries out of the EU27 have yet to host corporate renewable PPAs, after four newcomers – Hungary, Lithuania, Slovenia and Portugal – entered the market in 2023. Four other countries – Bulgaria, Croatia, Austria, Romania – entered the corporate renewable PPA …
21 out of 27 EU countries have now registered corporate renewable PPAs Read More »
RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives Consistent growth of renewable corporate power purchase agreements (PPAs) proves that corporates are stepping up their commitments to the energy transition. But corporate energy buyers are calling on policymakers to use the EU Electricity …
The difference between pricing and valuing a corporate PPA Disclaimer: This report was produced by Pexapark. PPA data collected by RE-Source and Pexapark may differ slightly Hedging against volatility has become the primary motivation behind corporates pursuing PPA agreements. But pricing is as tricky as ever, with the recent turmoil having resulted in some signed …
The difference between pricing and valuing a corporate PPA Read More »
RE-Source and Enterprise Europe Network (EEN) collaborate to support SMEs to source renewable energy Renewable energy procurement via tools, like power purchase agreements, provide many benefits for corporate offtakers – particularly to plan energy costs over long periods; and to decarbonise their energy consumption. However, across Europe, many markets have not reached their full potential …
European Parliament vote on Electricity Market Design reform to boost PPA market growth. European Parliament vote aims to boost the deployment of renewable energy by encouraging investments andremoving measures that hinder the European energy markets. BRUSSELS, Belgium (Wednesday 19th July 2023) Today the European Parliament Committee on Industry, Research and Energy (ITRE) adopted its position …
European Parliament vote on Electricity Market Design reform to boost PPA market growth Read More »
Joint letter on Electricity Market Design – Coalition of energy buyers calls on policymakers: do not discourage industries from using renewable energy 3rd July 2023 Together with, Cepi (Europe’s paper and pulp industry), European Aluminium, and Eurometaux (Europe’s non-ferrous metals industry), the RE-Source Platform sent a joint letter to the European Parliament’s energy committee (ITRE) …
This report presents the successes achieved in corporate renewable power procurement while examining what the transition to a sustainable power system means for ambitious leadership in corporate renewable power procurement in the future. It contains 3 sections: This publication provides a high-level summary, directing professionals working in power procurement to additional in-depth content to enable …
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