Power Purchase Agreements
Centrica and Shell Energy are among the companies that have signed deals to buy power generated by Dogger Bank
The multinational giants have signed corporate power purchase agreements to power part of their US operations with solar
They hope to make the contracting process easier and more open for PPAs of all sizes
More than 100 corporations in 23 different countries signed PPAs last year
PPAs enable purchasers to have a fixed price certainty and generators to invest in renewable generation
Bloomberg New Energy Finance suggests companies signed up to the corporate leadership initiative could face a collective shortfall of 189TWh by this time
Global corporations signed a record volume of power purchase agreements (PPAs) for renewable energy last year. That’s according to Bloomberg New Energy Finance (BNEF), which suggests this increase was driven by larger sustainability initiatives and clean energy becoming increasingly cost-competitive with other forms of generation. A total of 5.4GW of clean energy contracts were signed […]
Big Zero Report 2022
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