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Microsoft purchased P-RECs issued by Energy Peace Partners from Congolese solar developer Nuru’s newly commissioned 1.3MW commercial solar-plus-storage project in Goma, DRC.
3Degrees’ Energy & Climate Practice Director Tyler Espinoza discusses the growing corporate demand for power purchase agreements (PPAs) in European markets. Watch the video
Darigold and the Northwest Dairy Association (NDA), have led the industry in environmental stewardship for years. In 2018, Darigold won the Community Impact Award for Sustainability from the Seattle Business Magazine. To build on this progress, Royal Dairy (a member of NDA) invested in a BioFiltro vermicomposting system which prevents the release of 34,000 tons […]
Here’s how the B Corp movement guides businesses like ours in the necessary work to do better. 3Degrees was recently recertified as a B Corporation, and we’ve been part of the movement to use business as a force for good for eight years and counting. It’s hard to imagine a more poignant time to receive […]
Since Germany enacted the first Feed-in Tariff (FiT) for renewable energy back in 1991, the growth of renewables in Europe has been largely dominated by the FiT structure and country-specific renewable mandates. In recent years, political support for FiTs has diminished as the levelized cost of energy from renewables has dropped. As a result, competitive […]
Since the 2018 release of the Intergovernmental Panel on Climate Change (IPCC)’s special report on ways to limit global warming to 1.5°C, which stated the need to reach global “net zero” emissions by 2050, many organizations have either started or stepped up their carbon reduction commitments to take action to achieve this goal. But committing […]
It has been nearly six months since COVID-19 upended nearly everything across the globe – disrupting lives, businesses, and industries in ways that will forever change the world. Many state and federal governments enacted shelter-in-place orders earlier this year that shuttered brick-and-mortar businesses or drastically limited the number of customers allowed through their doors. In […]
2020 has been a year of disruption. The ongoing, systemic oppression of Black Americans, including police violence, highlights how much work needs to be done to bring true equity to our society. This has been an awakening for me. We all must do more, and we all have to do better. And, as 3Degrees’ CEO, […]
Learn how market-based incentives programs like the LCFS are helping companies drive down their transportation emissions while generating revenue.
At 3Degrees, we work with a wide variety of organizations, including large corporates and utilities, to help them meet their renewable energy goals. So over the past few highly challenging months, we’ve had many conversations with leaders from both sectors on how to best approach their current and future renewable energy needs in the face […]
Drastic changes to energy markets from COVID-19 have highlighted the market risks for corporate buyers considering virtual power purchase agreements (VPPAs). A combination of decreased electricity demand and all-time low natural gas prices has led to a noteworthy decline in wholesale electricity prices in some markets, which is bad news for VPPA offtakers. Corporate buyers […]
Since the World Resources Institute (WRI) unveiled new guidance for Scope 2 emissions accounting within the Greenhouse Gas Protocol Corporate Standard back in 2015, there has been an increased focus on global energy purchasing, with more organizations looking for options across the globe. Guarantees of origin One such option is the Guarantee of Origin (GO), […]
