Get answers to your frequently asked questions about power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs).
Subscribers to utility green power programs pay a premium on their electricity bill for renewable energy certificates (RECs) in order to support renewable energy projects and reduce their personal carbon footprint. Since the late nineties, utilities have launched REC based green power programs in response to customer demand or regulatory mandate. There are now over 850 […]
Power purchase agreements (PPAs) – and virtual power purchase agreements (VPPAs) in particular – have become a popular and valuable way for companies to meet renewable energy and greenhouse gas (GHG) reduction goals. As many of our clients have experienced, there is a significant learning curve that comes with executing your first PPA–and one that […]
At a recent Innovation Summit, I had the pleasure of speaking to a group of corporate representatives on the topic of greening the supply chain. This conference was attended mostly by US based companies, so as you might imagine, the topic of addressing Scope 3 emissions was not top of mind for most attendees, as […]
Last week, Denver, Colorado played host to the 2018 Climate Leadership Conference (CLC). The objective of the CLC is to bring together prominent energy, climate, and sustainability leaders across business, government and academia in order to make collective progress towards building a low-carbon future. The unofficial theme of the conference was ‘we are still in,’ […]
Last month 3Degrees hosted a webinar with CDP on the value of CDP reporting for utilities. I moderated the event and was joined by Simon Fischweicher, manager of disclosure services at CDP and Lauren Wilson, environmental policy manager at Xcel Energy. Here are some key aways from the webinar: There are clear benefits […]
Last month, 3Degrees hosted an interactive luncheon for top sustainability leaders at Fortune 500 companies. The session, which included presentations from Lance Pierce, president of CDP North America and Kim Fiske, 3Degrees vice president of strategy and corporate development, revolved around challenges and successes of setting and achieving renewable energy (RE) and greenhouse gas (GHG) […]
3Degrees has been spanning the globe in recent weeks to connect with organizations that are at the forefront of sustainability and climate change action. We attended several conferences across Europe and wanted to share some of our key takeaways and common themes that we have been hearing. We attended the following conferences: Sustainable Aviation Summit, […]
VERGE 2017 took place last week. As a conference that promotes itself as where “technology meets sustainability” it had a wide mandate with topics ranging from smart infrastructure and circular economy, to connected transportation and mobility, to renewable energy procurement. About half the schedule was dedicated to large plenary presentations, with the balance of the […]
In 2015, the World Resources Institute (WRI) unveiled new guidance for Scope 2 emissions accounting within the Greenhouse Gas Protocol Corporate Standard. This update introduced a market-based accounting mechanism that gives companies the opportunity to reduce their Scope 2 emissions through the purchase of renewable energy certificates, PPAs, and other contractual instruments. This provision has […]
In 2015, the World Resources Institute (WRI) unveiled new guidance for Scope 2 emissions accounting within the Greenhouse Gas Protocol Corporate Standard. This update introduced a market-based accounting mechanism that gives companies the opportunity to reduce their Scope 2 emissions through the purchase of renewable energy certificates, PPAs, etc. This provision has driven a new […]
