Bay Area Rapid Transit (BART) is the 5th largest rapid transit system in the US, serving San Francisco and its surrounding communities. BART riders take approximately 430,000 trips each weekday on the system. To transport those riders, BART uses approximately 400,000 MWh every year, making BART one of the largest electricity users in Northern California. […]
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 […]
Power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs) have been around for a while. But it can be hard to remember the differences between the two. This infographic provides an overview of the major differences. Need more depth? Check out our article, “Renewable energy power purchase agreements.” Want more information? Take a look […]
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 […]
Aggregated rooftop solar enables multinational corporate to meet renewable energy goals A large corporation with facilities around the globe wanted to address their emissions from electricity in the Asia Pacific region. With 3Degrees’ help, the company signed a long-term Power Purchase Agreement (PPA) from an offsite aggregated solar rooftop project spanning more than 500 buildings. […]
Akamai Technologies, the world’s largest cloud delivery platform, recently invested in an 80 megawatt wind farm in Texas. This investment (through a PPA) is designed to match the company’s aggregated energy load in Texas with new renewable energy. The project, Seymour Hills Wind Farm, was developed by Infinity Renewables and came online in 2019. This […]
Last month, 3Degrees and Origin Climate united to expand our comprehensive range of renewable energy and climate solutions for clients worldwide. As the leader of our environmental markets business, I am especially excited about this news for two reasons: 1) my personal passion to protect the next generation from the worst impacts of climate change […]
An integrated market would drop the cost of wind and solar integration, and make buying wholesale renewables a lot easier What would an expansion of the California wholesale market to a broader Western regional market mean for businesses looking to buy renewable energy? We recently tried to answer that question at a seminar. After a […]
A reality check for corporate and institutional energy customers. Much like the rest of the clean energy industry, we are excited about corporate and institutional (C&I) customers taking meaningful action by directly purchasing renewable energy to reduce their carbon footprint, contribute to cleaning up the grid, manage volatile energy costs and get in front of […]
Virtual Power Purchase Agreements (VPPAs) are a relatively new way to buy renewable energy, providing companies with a financial hedge against future energy prices and a new mechanism for meeting their corporate environmental goals. But these contracts are also complex and it is important to understand how they work. With a VPPA, an organization buys […]
Corporate power purchase agreements (PPAs) are being talked about everywhere — from water coolers to boardrooms to industry conferences. — greening their energy portfolio and creating financial benefits. How did we get here? While a number of interrelated factors have driven this change, we have identified two clear eras in the development of renewable energy. […]
