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 […]
Stein Haugan, EMEA Sales Director at 3Degrees, discusses the trends that are driving the growing demand for energy attribute certificates (EACs) in international renewable energy markets. Watch the video
In 2007, leading beverage brand VOSS set out on a mission to take a hard look at the holistic environmental impact of its exceptionally pure bottled water products. Although VOSS offered some of the cleanest water products in the world, the company realized the process of sourcing, bottling and bringing its products to market in […]
3Degrees helped four leading companies leverage their collective buying power in an innovative renewable energy aggregation, demonstrating how corporate energy buyers of all sizes can successfully purchase renewable energy directly from new renewable projects.
Get answers to your frequently asked questions about power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs).
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 […]
