RE-Source News

The latest information on European corporate renewable energy sourcing.

RE-Source 2022 Day 2: ‘Number of the day’: 28.

The ICT sector has led Europe’s corporate renewable power purchase agreement (PPA) market for years. Overall, the sector still accounted for 34% of PPA capacity between 2013 and 2022. However, heavy industry is catching up with 28% of total capacity today, according to data from WindEurope.

European businesses want to source renewables to tackle energy crisis; but emergency measures risk threatening PPA market

In the midst of Europe’s energy crisis, caused by the Russian invasion of Ukraine and its subsequent cuts of gas exports to Europe, the RE-Source 2022 event started today. Organised by the RE-Source Platform, Europe’s largest corporate renewable electricity sourcing event will gather 1,000 key players in Amsterdam to exchange on renewable Power Purchase Agreements (PPAs).

RE-Source 2022 Day 1: ‘Number of the day’: 24.

Spain is paving the way for the rest of Europe when it comes to corporate renewable power purchase agreements (PPAs).

The energy prices regulation needs to stimulate, not damage the PPA market

The RE-Source Platform urges EU Member States to modify the regulation to protect and promote PPAs, rather than putting them at risk.

How is a corporate PPA priced in a volatile environment?

How is a corporate PPA priced in a volatile environment? Spiralling energy prices have …

Communicators of Change: Best practices on how to communicate your renewable strategy

You can now download our best practices manual which brings together case studies on how to communicate a business’ renewable journey.

Communicators of Change: Time to turn ambition into reality

This week, we’re diving into balancing climate ambitions with practical realities.

Communicators of Change: How to communicate your renewable energy strategy to customers

This week, we’re diving into communicating with customers about renewables.

Communicators of Change: Communicating your renewable energy strategy to employees

Our Communicators of Change taskforce agrees that communicating your renewable energy strategy starts at home.

Communicators of Change: How to communicate your business strategy for renewable energy

We asked our Communicators of Change Taskforce on how best to communicate your business strategy for renewables.

change politics protest sign

Communicators of Change: Business aspirations for COP26

Ahead of COP26, we spoke to our taskforce about what they want to see happen. Here are some of the key themes.

The right conditions are necessary to help energy-intensive companies decarbonise

Energy-intensives are embarking on a massive clean energy transition that will require cost-competitive renewable energy supply and significant investments in electrification technologies.

Recharge: ‘Europe’s green plans will suffer unless it acts now to boost corporate renewable energy’

Our Impact Director, Hannah Hunt, writes for Recharge about the European corporate renewable power market and the policy and regulatory changes that could push it into a higher gear.

Climate conscious corporates call on EU Parliament to prioritise electricity grid investments in TEN-E revisions

Leading European corporate renewable energy buyers and sellers have sent a joint letter to the EU Parliament calling for revisions to the TEN-E Regulation to facilitate renewable electricity uptake and help deliver on the European Green Deal.

Removing permitting barriers would boost Italy’s corporate PPA market

Although it is not currently one of the top European countries for corporate PPAs, Italy has laudable ambitions when it comes to renewable energy.

Preeti Srivastav, Group Sustainability Director at Asahi Europe & International

We spoke to Preeti Srivastav, Group Sustainability Director at Asahi, about how Asahi aims to become carbon neutral within their breweries.

New WBCSD report: How to understand corporate renewable PPA pricing structures and choose the right one for you

The right PPA for your business will vary based on the volume of energy that you will use, how much risk you are willing to take on and the credit standing of your company.

Not just for corporates – European cities, universities, and public transport signing PPAs

As the European corporate power purchase agreement (PPA) market grows, we are seeing a more diverse group of organisations signing PPAs, including cities, universities, and state-owned transportation groups.

graph

Corporate PPAs signed surpasses 2019 total, and it’s only May!

Although we are only in the fifth month of the year, we have already surpassed the volume of PPAs signed during the whole of 2019 across Europe.

Covestro and ENGIE sign PPA for wind energy in Belgium​

Covestro will be powering almost half (45%) of the electricity demand of its operations in Antwerp with clean energy from four newly constructed onshore wind farms.

Bulgaria Hub

We are very pleased to announce the creation of RE-Source Bulgaria – a new hub to drive forward policy and market developments in the region.

beer bottles

Bas Lubach, Category Leader Sustainable Production at HEINEKEN

We spoke with Bas Lubach at HEINEKEN on their plans to be a net-zero emitter by 2030

two beer bottles

Cheers to the brewers switching to renewable electricity

Did you know that breweries across Europe are making bold sustainability commitments, decarbonising their operations and using renewable electricity to power their businesses?

Greater diversity of companies sourcing renewable energy

As the corporate power purchase agreement (PPA) market in Europe grows and matures, companies of all sizes are enjoying the environmental and cost benefits of PPAs.

laptops, papers

WindEurope report: Corporate PPAs soared to new heights in 2020

WindEurope’s latest report on 2020 financing and investment trends confirmed last year’s record-breaking year for corporate power purchase agreement (PPA) announcements across Europe.

Press releases from RE-Source and its Founding Organisations

The energy prices regulation needs to stimulate, not damage the PPA market

The RE-Source Platform urges EU Member States to modify the regulation to protect and promote PPAs, rather than putting them at risk.

EU needs to safeguard renewable energy contracts from clawback measures

The EU needs to exclude PPAs from revenue limitation measures such as price caps. The RE-Source Platform fears that otherwise, the renewable PPA market will stop in its tracks.

European Commission endorses corporate renewable PPAs as part of the answer to surging energy prices

Renewables are central to delivering Europe’s energy and climate ambition – reducing greenhouse gas emissions by 55% by 2030.

Covestro and ENGIE sign PPA for wind energy in Belgium​

Covestro will be powering almost half (45%) of the electricity demand of its operations in Antwerp with clean energy from four newly constructed onshore wind farms.

Bulgaria Hub

We are very pleased to announce the creation of RE-Source Bulgaria – a new hub to drive forward policy and market developments in the region.

On-site renewable electricity and storage can help to bring Europe’s business sector closer to climate neutrality

On-site renewable electricity and storage can help to bring Europe’s business sector closer to …

State of the European Renewable Energy Market H2 2020 YTD

Schneider Electric: State of the European Renewable Energy Market H2 2020 YTD The State …

Cross-border PPAs: New opportunities for business to decarbonise their electricity supply across Europe

Cross-border PPAs: New opportunities for business to decarbonise their electricity supply across Europe Geneva, …

RE-Source 2020 press release: Global demand for corporate renewable electricity sourcing continues to grow despite COVID-19 pandemic

RE-Source 2020 press release: Global demand for corporate renewable electricity sourcing continues to grow …

Long-term climate strategy not impacted by COVID-19, says global business – but governments have a bigger role to play

Long-term climate strategy not impacted by COVID-19, says global business – but governments have …

LafargeHolcim successfully launches first sustainability-linked bond for €850 million

LafargeHolcim successfully launches first sustainability-linked bond for 850 million euro – Commitment to reach …

UK Prime Minister Boris Johnson brings forward end date for new conventional petrol and diesel vehicles to 2030

A new level of credibility for PPAs: 24/7 PPA put into practice UK Prime …

Solar and storage can form essential pillar of EU Green Recovery

Solar and storage can form essential pillar of EU Green Recovery Statkraft develops innovative …

8 “to dos” for Governments to deliver the expansion of onshore wind needed for the Green Deal

8 “to dos” for Governments to deliver the expansion of onshore wind needed for …

MINDSPACE BUSINESS PARKS REIT JOINS EV100

Press releases MINDSPACE BUSINESS PARKS REIT JOINS EV100 First real estate entity from India …

RE-Source Dogear