Schlagwort: RE-Source

RE-Source 2023 marks 7.8 GW PPA record but industry urges for barriers to be removed to reach EU net zero objectives

EcofinConcept wind and solar energy

To maximise PPA market potential, energy buyers call on policymakers to use the EU’s Electricity Market Design (EMD) to rapidly remove persisting regulatory barriers to PPAs and deliver the certainty needed to support European businesses’ net zero and energy security goals

Leading corporate buyers & clean energy suppliers join forces to unlock huge untapped renewable energy sourcing opportunities in Europe

Google, Microsoft, IKEA Group, BT, Danone, Amazon, Enel Green Power, Engie, RES, Novartis, Iberdrola and Facebook, Inc. have become Steering Group members of the RE-Source Platform, which pools resources and coordinates activities to promote a better framework for corporate renewable energy. The companies were announced today at the official launch of the Platform during the EU Sustainable Energy Week. These major corporate energy users and supply side companies were highlighting the growing demand for clean energy and the need for clear and enabling policy frameworks.

“As the world’s largest corporate buyer of renewable energy, we are excited to support the RE-Source platform to accelerate the growth of renewables in Europe.”– Marc Oman, Senior Lead, Energy and Infrastructure, Google.

Launch event announced for RE-Source Platform: bringing together renewable energy buyers and sellers:

The launch event for the RE-Source Platform will take place in Brussels on Wednesday 6 June, as part of Sustainable Energy Week. Up to 400 participants will gather in the European Commission’s Charlemagne building, including representatives from European institutions and industry, with electricity sellers and buyers in attendance. Together, they will formally launch the RE-Source Platform, where clean energy buyers and suppliers can pool resources and pave the way forward for corporate renewable energy sourcing in Europe.

Wind and solar could power business all over Europe

The private sector accounts for around half of Europe’s electricity consumption. Powering corporate consumers with renewable energy could deliver massive reductions in CO2 emissions, save businesses money and make it easier for people to invest in renewables.

Large energy consumers such as chemical and aluminium producers, ICT and food & drink companies gathered in Brussels today with renewable energy producers to consider how to unlock this potential. The RE-Source 2017 event brought together industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas with policy makers.

The volume of ‚Corporate Renewable Power Purchase Agreements‘ (PPAs) – which allow companies to purchase renewable energy directly from an energy generator – almost tripled in Europe in 2016, with over 1 GW of capacity contracted. Globally, more than 100 top companies have now committed to procure 100% renewable elegctricity via the RE100 initiative,together accounting for 150 TWh of yearly consumption.