corporate renewable energy buyers’ principles: increasing
TRANSCRIPT
CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES:INCREASING ACCESS TO RENEWABLE ENERGY
Marty SpitzerDirector, U.S. Climate & Renewable Energy PolicyWorld Wildlife Fund
Renewable Energy Buyers Forum June 17, 2016
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Corporate Ambition
60% of the US Fortune 100 and 43% of the US Fortune 500have a GHG, RE or EE target
60%56%
43%
30%
0%
10%
20%
30%
40%
50%
60%
70%
F100 F250 F500 F250-500
www.worldwildlife.org/corprenewables
3
Power Forward 2.0
• Percentage of US Fortune 500 with Targets by Sector
Corporate Ambition
A global initiative to engage, support and showcase
influential companies committed to using 100% renewable power.
6
Accelerating Corporate Ambition
As of May 2016
… 12 US Fortune 500s set100% RE targets (Out of 58)
… 20 ICT companies have 100% goals
… 12 US Fortune 500s committed toset Science-based targets(= 8% of all 157 SBT-companies)
7
#GoCleanRE
Corporate Renewable Deals2012 – 2016
Copyright 2016 by Rocky Mountain InstituteFor more information, please visit http://www.businessrenewables.org/ or contact [email protected]
Publicly announced contracted capacity of corporate Power Purchase Agreements, Green Power Purchases, Green Tariffs, and Outright Project Ownership in the United States and Mexico, 2012 – 2016. Excludes on-site generation such as rooftop solar PV. Last updated: May 10, 2016.
Corporate Renewable Deals2012 – 2016
Copyright 2016 by Rocky Mountain InstituteFor more information, please visit http://www.businessrenewables.org/ or contact [email protected]
Apple
Apple
Microsoft
BD
IKEA
Mars
Microsoft
WalmartYahoo IKEA
Apple
Procter & Gamble
General Motors
Kaiser Permanente
Kaiser Permanente
Dow Chemical
Walmart
AmazonAmazon
Cisco
Amazon
SwitchHPE
EquinixProcter & Gamble
EquinixEquinix
Owens CorningOwens Corning
Amazon Google
AppleSwitch
BloombergGoogle
Google General Motors
Corning
Philips
Salesforce
Salesforce
Lockheed Martin
Steelcase
3M
Iron Mountain
0.05
0.56
1.18
3.21
0.43
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
1.8
2
2.2
2.4
2.6
2.8
3
3.2
3.4
2012 2013 2014 2015 2016
Capacity (GW)
www.REbuyers.org
8
#GoCleanRE
40
2,238
Solar
Wind
2008 - 2014
815
2,778
Solar
Wind
2015 - 2016 YTD
Wind is the Primary Fuel SourceSolar gained substantial market share in 2015
Copyright 2016 by Rocky Mountain InstituteFor more information, please visit http://www.rmi.org/business_renewables_center or contact [email protected]
Contracted Capacity (MW) by Technology
www.REbuyers.org
9
#GoCleanRE
Corporate Market Share is GrowingCorporates signed ~19% of wind PPAs in 2014, and ~56% in 2015
Copyright 2016 by Rocky Mountain InstituteFor more information, please visit http://www.rmi.org/business_renewables_center or contact [email protected]
Contracted Wind Capacity (MW) by Type
Source: AWEA, RMI Analysis
514
2,236
Corporate PPAs
Non-Corporate PPAs
2014
2,382
1,989
2015
www.REbuyers.org
10
#GoCleanRE
28 Corporates Have Signed Deals
BuyerCapacity
(MW)
Google F 500 1,839
Amazon F 500 538
Walmart F 500 377
Equinix 330
Microsoft F 500 285
IKEA 263
Owens Corning F 500 250
Facebook F 500 238
Apple F 500 220
Dow Chemical F 500 200
Mars 200
Switch 179
Kaiser Permanente 153
Procter & Gamble F 500 138
BuyerCapacity
(MW)
3M F 500 120
HPE F 500 112
Philips 65
General Motors F 500 64
Salesforce F 500 64
SC Johnson 53
Corning F 500 50
BD F 500 30
Lockheed Martin F 500 30
Iron Mountain 27
Steelcase 25
Yahoo 23
Cisco F 500 20
Bloomberg 20
Copyright 2016 by Rocky Mountain InstituteFor more information, please visit http://www.businessrenewables.org/ or contact [email protected]
www.REbuyers.org
Making Renewables the New Normal
Working to Simplify Renewables
Renewable Energy Buyers AllianceSimplifying and increasing access to corporate renewables
Transformational
Sector-specificData centers
Transactional
Goal: By 2025, grow corporate renewables by
60 GW
CORPORATE
RENEWABLE
ENERGY BUYERS’
PRINCIPLES
Future of Internet Power
www.REbuyers.org
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www.buyersprinciples.org
Renewable Energy Buyers’ Principles
Companies Need Offsite, Grid-tied RE Options
www.buyersprinciples.org
Corporates Buying Renewables in Many Ways
Unbundled RECs
• Green Power Programs
• REC contracts with projects
• Purchases from brokers
Energy + RECs
• Rooftop or Community Solar
• Green Tariffs
• PPAs via Direct Access
• Contracts for Differences / Virtual PPAs
• Direct project investment
Collaborating to Make the Principles a Reality
Top Down
National level collaboration and engagement with NARUC, and EEI
Bottom Up
States with limited or no electricity retail choice
States with electricity retail choice
States with green tariff offerings (on the books)
States with green tariff offerings (in process)
New RE offerings in process
Large regulated utility-customer RE deals executed
Green Tariff Table on buyersprinciples.org/resources
WWF –EEI –WRI Collaboration
http://bit.ly/1UXyoo8
0
500
1000
1500
2000
2500
3000
3500
4000
2013 2014 2015
PPA Utility RE Purchase Utility Green Tariff Ownership
Corporate Large-Scale Deals by Type
#GoCleanREwww.REbuyers.orgREBA Summit May 19-20, 2016,
Microsoft Headquarters, Redmond, WA
#GoCleanREwww.REbuyers.org
Overview of Participants
75
58
23
11
47
Buyer Developer Intermediary Utility Other
Notes
1. Total does not equal 300 because not all attendees voted.
2. “Other” includes NGO staff.
#GoCleanREwww.REbuyers.org
Which Topics Should Be Discussed?
0 10 20 30 40 50 60 70 80
Beyond fixed price PPAs
2nd gen green tariffs
Beyond the US
Bringing in smaller buyers
Speeding up risk negotiations
New RE policy opportunities
Bankable PPAs
Nat gas and power prices
50 shades of green
Buyers as investors
Engaging new buyers
Corporate community solar
Do-It-Yourself PPAs
Integrated PPA offerings
Science-based targets
GHG emission accounting
Buyer Developer Intermediary Utility Other Unknown
Note: Attendees who did not respond to the question about what type of organization they represented are listed as “unknown.”
#GoCleanREwww.REbuyers.org
Final Ranking of Topics
0 10 20 30 40 50 60 70 80
Bringing in Smaller Buyers
2nd Gen Green Tariffs
Beyond the US
Beyond Fixed Price PPAs
New RE Policies
Risk Negotiations
Buyer Developer Intermediary Utility Other Unknown
Note: Attendees who did not respond to the question about what type of organization they represented are listed as “unknown.”
