Rmi Outlet
BRC: Business Renewables Center
The Diversifying Corporate Renewable Market Needs a Broad Menu of Risk Mitigation Options
The corporate renewable energy procurement market has boomed in recent years but has remained stagnant in one respect. Most large-scale, off-site procurement is still done through one method—the power purchase agreement (PPA). A market with one major way to transact, no matter how good, can never sustainably expand. After all,…
The Power of Agreement
This past year set a new record for total capacity of announced corporate renewable energy (RE) purchases. This unprecedented demand has been met with robust supply from renewable energy project developers as well as from utilities, which have demonstrated their willingness to work with these buyers in finding new solutions…
Corporate Renewable Energy Procurement in China
The past year has been an exciting time for corporate renewable energy procurement in China. The Chinese National Energy Administration (NEA) released three drafts of a new Renewable Portfolio Standard (RPS) policy for comment and intends to implement this policy on January 1, 2019. Concurrently, an increasing number of companies…
Heavy Industry Goes Renewable
Cummins, a global industrial manufacturer in the Fortune 200, signed its first virtual power purchase agreement (VPPA) with EDP Renewables (EDPR) North America in August 2017 for 75 megawatts (MW) of wind capacity over 15 years. Heavy industry has been slow in signing off-site renewables deals.
Renewables for Everyone: Moving Beyond the Fortune 500
This blog post is part of a series from RMI’s Business Renewables Center (BRC), which streamlines and accelerates corporate purchasing of off-site, large-scale renewable energy. Over the past four years, corporate America has emerged as a powerful champion of renewable energy. While many companies have installed on-site generation such as rooftop solar, corporate…