Sixty percent of the largest U.S. businesses have set goals to reduce carbon emissions or increase their use of renewable energy. In most cases, these companies are forced to meet their renewable energy requirements through on-site generation, power purchase agreements, or acquisition of renewable energy certificates because of the lack of options provided by their local utility. In response, a group of major U.S. corporations has issued a set of “buyers’ principles” aimed at improving access to a broader range of options for lower cost renewable energy resources.
Customers, particularly large corporations with green aspirations, will increasingly drive the demand for renewable options outside of normal resource planning processes. Pressure on regulators from these customers, such as these buyers’ principles, will also open more doors for utilities to offer more tailored and targeted renewable products for their customers. New regulatory models and utility tariffs could support the renewable energy demands of corporate customers and integrate into traditional business models.
Corporate Renewable Energy Buyers’ Principles: http://assets.worldwildlife.org/publications/705/files/original/Corporate_RE_buyers_principles_Final.pdf?1404842446
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