During the first week of October, some of my European colleagues and I had the pleasure of attending RE-Source in Amsterdam. Over 1,000 key energy players and businesses, including more than 200 buyers, gathered to discuss and enhance their direct renewable energy sourcing and mitigate their risks. Given the uncertainty of the current energy and […]
3Degrees’ Director, Energy and Climate Practice, Lauren Tatsuno, discusses the options that organizations can consider when prioritizing the carbon displacement value of their power purchase agreements (PPAs). Learn more below. WATCH THE VIDEO
Maximizing the carbon displacement of your renewable energy project helps ensure that it generates the largest climate benefit possible. As more companies mobilize to take urgent climate action, carbon displacement value has become a bigger priority for many organizations. Given the heightened interest around this topic, we put together a three-part blog series that outlines […]
Watch 3Degrees’ Energy & Climate Practice Director Tyler Espinoza discuss the benefits and risks of power purchase agreements (PPAs) in European markets.
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 […]
3Degrees’ Energy & Climate Practice Director Tyler Espinoza discusses the growing corporate demand for power purchase agreements (PPAs) in European markets. Watch the video
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 […]
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 […]
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 […]
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 […]
