Corporate PPAs: Trendy or Trending?

May 15, 2017

 

Are corporate Power Purchase Agreements (PPAs) the next big thing sweeping the global energy market? Renewable energy developers and customers certainly have reason to be optimistic. According to an article in Bloomberg New Energy Finance entitled, Companies buying green power – how big a trend?, creative and strategic solutions to corporate sustainability measures increasingly includes corporate PPAs as “energy-consciousness around the world will continue to grow.”

 

If strategic sustainability investments by name brand companies are a bellwether for the future, corporate PPAs may be here to stay. As the BNEF article notes, “In all, counting the first quarter of 2017, some 19GW of corporate PPAs have been signed worldwide so far, and among the companies most active in contracting to buy renewable electricity have been some of the biggest names of all.” As is always the case when it comes to energy trends, market forces will continue to produce new choices and alternatives that could impact how widely corporate PPAs are embraced.

 

While corporate PPAs enable companies to value and buy clean energy usually generated offsite, Metrus’ provides its customers with a similar vehicle, its ESA, to procure energy efficiency as-a-service. By harvesting energy and water savings on site that actually stem from the customer’s buildings and usage, ESAs have the added benefit of involving efficiency gains from existing facility operations. Corporate PPAs and ESAs can work in tandem to accelerate how quickly companies meet their sustainability targets.

 

Read more at https://about.bnef.com/blog/companies-buying-green-power-big-trend/

Share on Facebook
Share on Twitter
Please reload

Featured Posts

New York City Fights Climate Change in a Big Way

June 13, 2019

1/10
Please reload

Recent Posts
Please reload

Archive
Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square

Metrus Energy, Inc 2020