News

Empowering energy-intensive industries: unleashing the power of PPAs Power purchase agreements: opportunity for Europe’s energy transition  Energy-intensive sectors face the dual challenges of international competition and volatile energy prices. This is problematic for European aluminium primary production where electricity costs can represent up to 40% of total production costs. Direct procurement of green electricity can […]

I’m voting in the European Elections on 6-9 June 2024. Are you? https://youtu.be/Z2GWg7m2y4w The EU in general – and the European Parliament in particular – make laws that impact the growth of renewables in Europe. Recently, the European Parliament has played a crucial role in setting into law the EU’s commitment to become climate neutral by 2050

Solutions for the decarbonisation of the pulp and paper industry Apr 17, 2024 – The pulp and paper sector is committed to achieving climate neutrality in Europe by 2050. This requires reducing emissions in our production processes by the implementation of energy-efficient technologies and the effective use of fossil-free energy sources.Cepi’s Energy Efficiency Solutions Forum

Energy buyers urge speed and scale for the renewables roll out February 23, 2024 – The European Commission’s upcoming guidance on acceleration areas for renewable energy deployment should balance speed and scale with environmental impacts in support of an accelerated and sustainable energy transition. The European Union has set ambitious goals to combat climate change, aiming

Europe breaks records with 10.4GW corporate renewable energy deals in 2023 February 8, 2024 – There was unprecedented growth in 2023 in the European corporate power purchase agreement (PPA), with companies procuring a record number of new renewable energy capacity: 10.4 gigawatts (GW). This marks a remarkable 40% increase from the previous year, highlighting the

Agreement between EU negotiators on electricity market design reform positive for PPA market but Member State implementation and RES deployment are crucial next steps 15th December 2023, Brussels RE-Source Platform welcomes this week’s agreement between EU negotiators on the revision of the EU’s electricity market design (EMD). Energy buyers and suppliers have been enthused by

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

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