Featured in The compelling case for big batteries – 08-2021

Achieving game changing growth

Corporate purchases of green electricity are at an all-time high. Pressure from companies, new entrants, and favorable legislative changes have combined to push the market further. Consequently, the business model landscape is evolving. As part of the UP Initiative quarterly theme on sustainable electricity supply, pv magazine has compiled a brief overview of the main models available (see table) and provided a more in-depth look into two of the most prominent: energy certificates and power purchase agreements.

By

Becky Beetz

09 Aug 2021

There are several benefits to investing in onsite installations. For example, an Ikea store in Germany’s capital has seen an annual emissions reduction of 1,100 t CO2 and a 40% reduction in primary energy costs via a 575 KWp PV installation, a 50 m2 solar thermal installation on the roof, and heat pumps, among other measures. | Image: Wikipedia/Matti Blume

First among the two main approaches to corporate renewable energy procurement is “energy certification” – currently the number one method of green electricity procurement globally, although it provides only limited visibility of a corporate’s renewables commitment. Certificates match annual electricity consumption with production and are the only legal way for corporates to claim energy is …

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