For Okta, an innovative San Francisco-based identity company, addressing its impact on the climate is a foundational component to one of its three Environmental, Social, and Corporate Governance (ESG) pillars. While the company understood the need to confront its greenhouse gas (GHG) emissions, Okta was at the very beginning of its decarbonization journey and, like […]
Protecting the environment has been a priority for ALDI for many years. In 2014, the company began implementation of its first international climate strategy, which included the goal of reducing its greenhouse gas (GHG) emissions by 30% per square meter of sales area by 2020. In 2021, ALDI South, which includes ALDI U.S., went a […]
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 […]
Microsoft purchased P-RECs issued by Energy Peace Partners from Congolese solar developer Nuru’s newly commissioned 1.3MW commercial solar-plus-storage project in Goma, DRC.
As your organization works to reduce its international energy footprint (Scope 2 emissions) to meet corporate renewable energy goals, you need all the data and resources necessary to move the needle and fast. Our I-RECs and GOs infographic illustrates the similarities and differences of these instruments and provides the quick resource you need to take […]
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 […]
Drastic changes to energy markets from COVID-19 have highlighted the market risks for corporate buyers considering virtual power purchase agreements (VPPAs). A combination of decreased electricity demand and all-time low natural gas prices has led to a noteworthy decline in wholesale electricity prices in some markets, which is bad news for VPPA offtakers. Corporate buyers […]
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
Mondelēz International enlisted 3Degrees to develop a global strategy roadmap and implement a new VPPA to help the company meet its ambitious emissions reduction goal.
Incorporating Diversity into Renewable Energy Procurement In our first two posts in our Pathways to a Successful Aggregation blog series, we’ve discussed various ways to convene a renewable energy aggregation buying group and how to build an effective aggregation team. In this third and final post of the series, we’ll explore the role that diversity […]
