The Science-Based Targets Initiative (SBTi) has recently released a package of consultation documents aimed at financial institutions, including the conceptual framework for the Net-Zero Standard for Financial Institutions (“FINZ”). The document is neither an exposure draft nor the final standard, but serves as an important milestone along the way to their expected publication in Q4 […]
It is valuable for every company to have familiarity with the framework set out by the Task Force on Climate-Related Financial Disclosures (TCFD), and with climate-related risks and opportunities more generally. In this article, we’ll explain why. The cascading effect of climate reporting Over the past few years, we have been witnessing voluntary sustainability reporting […]
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 […]
The power of markets I believe in the power of markets. Markets create incentives, and incentives change the way we behave. As my colleague Scott Eidson recently wrote, that’s why we we are excited to combine the market power of 3Degrees and Origin Climate into a single force for environmental change that creates economic prosperity […]
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 […]
As more customers become interested in having solar, utilities are looking to meet that demand through new community solar offerings. The content of this white paper is focused on assisting utilities that voluntarily choose to implement community solar programs. Launching a new utility offering is similar to launching a new product. As utilities develop these […]
Adam Capage of 3Degrees explores the complex topic of pricing power from community solar programs in an equitable manner. When a utility offers a community solar (or shared renewable) option to its customers, there are a range of program design questions to address. In previous articles, we’ve talked about project ownership and siting considerations and […]
In the second of three articles, Adam Capage of 3Degrees looks at how utilities can address the larger risks of a community solar program. With interest in community solar continuing to grow, more utilities are grappling with how to design a successful program that meets their organizational goals. In part one of this series on […]