In early November, I met up with several 3Degrees team members from around the globe at the first I-REC Standard Conference (ISC) in Bangkok, Thailand, to discuss the expansion of renewable energy markets worldwide. It was stimulating to engage with so many industry peers from more than 30 countries to discuss a common topic: standardizing […]
As corporate purchases of renewable energy have steadily increased, the criteria that buyers are looking for have also evolved. In the recent past, it was not a common practice to look at factors beyond environmental attributes, such as community co-benefits or other impactful procurement options, in order to differentiate one renewable energy certificate (REC) from […]
3Degrees' Erin Craig shares ways that companies can expand their renewable energy procurement strategies and rapidly transition to a clean electric grid.
As demand grows in the renewable energy space, voluntary market participants are responding with strong climate goals. In this video, Scott Eidson, 3Degrees’ Vice President of Environmental Markets, highlights some ways in which organizations are working to achieve maximum impact. Watch the video
On May 5, 2021, Sak Nayagam, Sr. Director in 3Degrees’ Energy and Climate Practice, hosted a CDP webinar to lead a discussion about organizations’ evolving renewable energy strategies. Sak was joined by Mondelēz International’s Sr. Manager of Global Environmental Programs, Erika Vasconcellos, who shared thoughts about her own company’s journey. Catch up on what was […]
Across the world, the private sector is increasingly doing its part to support the energy transition. In fact, as of Q2 2021, approximately 300 global companies are now members of the RE10o initiative, which means they have committed to using 100% renewable electricity across their global operations. To join, companies must meet RE100’s eligibility criteria […]
Protecting the environment has been a priority for ALDI for many years. In 2014, the company began implementation of its first international climate strategy, which included the goal of reducing its greenhouse gas (GHG) emissions by 30% per square meter of sales area by 2020. In 2021, ALDI South, which includes ALDI U.S., went a […]
Before your organization can go to market with a PPA, there are some important criteria that must be considered. Most companies are familiar with the financial aspect of evaluating PPAs, but this decision should not solely be about the numbers. Qualitative factors must also be considered in the process in order to properly evaluate co-benefits, […]
As we have previously discussed, the European PPA market for corporate buyers is witnessing a dramatic uptick in activity in 2020, and is poised for continued growth in the coming years. U.S.-headquartered technology firms have been some of the first movers, but a variety of other buyers from different sectors and countries (spanning both the […]
As your organization works to reduce its international energy footprint (Scope 2 emissions) to meet corporate renewable energy goals, you need all the data and resources necessary to move the needle and fast. Our I-RECs and GOs infographic illustrates the similarities and differences of these instruments and provides the quick resource you need to take […]
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 […]
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 […]
