28 Mar '18, 4pm

Five Ways Smaller Companies Are Accessing Renewable Electricity

The boom in corporate renewable energy buying over the past five years has changed the electricity landscape. Thanks to rapidly falling prices in clean technologies—bolstered in the U.S. by the federal Production Tax Credit (PTC) for wind and the Investment Tax Credit (ITC) for solar—corporate offtake from new capacity projects has played a major role in driving renewable energy adoption. In 2015, corporations were responsible for the majority of U.S. renewable electricity purchasing, and have purchased an additional 5.4 GW since. Businesses buying renewable energy isn’t new. A decade ago, the use of renewable energy certificates (RECs) by companies was considered something of a mea culpa to excuse poor environmental behavior (unfortunately, this reputation has plagued RECs ever since). But even then, forward-thinking companies were looking for the right market opportunity...

Full article: https://acore.org/five-ways-smaller-companies-are-accessi...

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