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 […]
It was great to be back at E-World in Essen, Germany at the end of last month. It’s the biggest energy fair in Europe, and it was our first time back in over two years, as the organizers haven’t hosted the event since the pandemic began in early 2020. We’ve all felt a little lost […]
What is Carbon Arbitrage? Arbitrage on its own is an investment strategy that leverages price differences to generate a profit by buying and selling the same assets at different prices (buy low, sell high). Carbon arbitrage involves leveraging emission factor differences to maximize carbon displacement by shifting renewable generation to more carbon-intense hours. The benefits […]
3Degrees’ Regulatory Affairs Manager, Noah Bucon explores the details of the European Commission’s plan, REPowerEU, and how this plan builds off of the European Green Deal and Fit for 55 package. Review our key takeaways from the plan below. Watch the video
When organizations embark on a new renewable energy procurement, specifically a power purchase agreement (PPA), they often have several criteria that they are trying to satisfy with the new project. With the climate crisis becoming critically urgent, many of 3Degrees’ clients are prioritizing carbon displacement value as one of these decision making criteria. Put simply, […]
On April 26, 2022, two of 3Degrees experts, Tyler Espinoza, Sr. Director, Energy & Climate Practice, and Noah Bucon, Sr. Manager, Regulatory Affairs, were joined by Flemming Sørensen, Vice President, Europe, and Luis López-Polín, Sr. Manager, Business Development of LevelTen Energy. The group discussed the impact the European power crisis has had – and will […]
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 […]
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 […]
Having set ambitious climate goals, your company is now deciding how to go about achieving those targets. Many corporations are entering into power purchase agreements (PPA) to procure large volumes of renewable energy. These transactions are a convenient way to quickly achieve renewable energy goals, but can expose buyers to significant risk factors along the […]
