Once a U.S.-centric phenomenon, corporations are now able to purchase clean energy at cost-competitive rates and at a large scale in most markets around the world. Power markets are being amended to allow for power purchase agreements, while alternative mechanisms like certificates and retail programs are near-universal. As part of pv magazine’s UP Initiative quarterly theme on sustainable electricity supply, Kyle Harrison, head of sustainability research at BloombergNEF, discusses the growth in corporate clean energy procurement globally.
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