Solar Power World highlights a new guide from Advanced Energy Buyers Group that helps states increase renewable energy resources for corporations' access. AEE's Caitlin Marquis' comments are included. See excerpts below and the entire Solar Power World story here:
Of the more than 15 gigawatts of corporate renewable energy deals done to date, less than 2 GW have occurred through utility programs, with the vast majority of power purchase agreements occurring in states that have competitive wholesale markets. A new report from the Advanced Energy Buyers Group, a business-led coalition of large energy users, explains how states with vertically integrated electricity markets can unlock the many benefits of corporate renewable energy procurement...
Released today, the report, “Renewable Energy Offerings that Work for Companies: A Practical Guide to Meeting Corporate Renewable Energy Demand in Vertically Integrated Markets,” outlines six steps for states to follow as well as replicable best practices for both utility offerings and competitive market access, with examples taken from states across the country.
“While it’s true that there’s no ‘one size fits all’ solution that can be directly copied and pasted for use by all utilities in every state, there are a lot of lessons to draw on when developing new solutions,” said Caitlin Marquis, director at Advanced Energy Economy, a national business group that facilitates the Advanced Energy Buyers Group. “States with vertically integrated markets are at a disadvantage in attracting corporations with sustainability commitments, but they don’t have to start from scratch in figuring out how to give these corporate buyers access to the renewable energy they want...”
For states that want to unlock the economic benefits of renewable energy options for corporate customers but don’t know where to start, and for states or utilities that have begun exploring opportunities and want to hone in on the best approach, the Advanced Energy Buyers Group’s practical guide offers a roadmap for action.
See the entire Solar Power World story here.