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CONTENTS
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Download white paper
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Share your thoughts
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What if
your company
could reverse
climate change?

What if?

Last year, the Intergovernmental Panel on Climate Change (IPCC) released its most stark warning yet of the impact of failing to limit global warming to 1.5°C. Corporations are responsible for 60 percent of global energy consumption. If we are to reverse climate change it is businesses, not governments, who must drive the renewable transition. Companies including Google, Apple and IKEA have led the way but will not make the difference. The next wave of corporations need to start their renewable journey. Learn more about the opportunities, overcoming barriers and the options available when starting a renewable journey.

In 2018, carbon emissions reach another record high
and globally amount to
37 gigatons
Every minute,
our forests are shrinking by the size of
35 football pitches
Between 2008 and 2016,
196 million
climate refugees were forced to leave their homes
In 2018, carbon emissions reach another record high
and globally amount to
37 gigatons
Every minute,
our forests are shrinking by the size of
35 football pitches
Between 2008 and 2016,
196 million
climate refugees were forced to leave their homes

Energy Report

Do corporations recognise their fundamental role in the renewable transition? What progress has been made and what is holding them back? The Energy Report 2019 has the answers. It is the first systematic, quantitative opinion survey carried out among 1,200 decision-makers from across six European countries.

The report is published in partnership with the RE-Source Platform, a European alliance of stakeholders representing clean energy buyers and suppliers. Organisations behind the platform include SolarPower Europe, Wind Europe, RE100 and the WBCSD.

Find out more
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RE100 members have been instrumental in making corporate renewable energy use more mainstream. We expect more and more companies to step up their ambition and work with policy makers, regulators and energy suppliers to drastically accelerate clean power deployment.
Sam Kimmins,
Head of RE100, The Climate Group
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R.E.THINK Talk:
Rasmus NedergaArd,
CEO, act renewable GmbH

The strategic approach to corporate sourcing – find out how the next wave of corporations should approach sourcing renewables and how to reduce complexity.

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R.E.THINK Talk:
Andrea Grotzke, Head of Energy solutions, BayWa r.e. Renewable energy GmbH

There are many options for corporations when sourcing renewables that can suit companies of all sizes and all budgets. Watch this film to find out which solutions could be right for you.

01

Corporate renewable Power Purchase Agreements (PPAs) are now widely used globally, can you explain what they are?

A corporate renewable PPA is a contract between a company (the ‘corporate buyer’ or ‘off-taker’) and the power producer to purchase electricity at a pre-agreed price for a pre-agreed period of time. The contract contains the commercial terms of the electricity sale: contract length, point of delivery, delivery date/times, volume, price and product. The electricity sold under a PPA can be from an existing renewable energy supply or a new build project.

02

What benefits do they offer corporate buyers?

Corporate renewable PPAs offer a range of benefits. They enable corporate buyers to gain visibility over future electricity costs and hedge against electricity price volatility, in addition to meeting carbon emission reduction targets and increasing brand leadership. PPAs are mutually beneficial for the power producers, as they provide a guaranteed income stream which enables producers to acquire finance to build new renewable energy projects.

03

Are PPAs only viable for bigger global businesses?

PPAs are open to all. Large corporate buyers have led the way in developing viable business models for corporate renewable PPAs, allowing other companies to follow suit and enter the market. Companies with a lower electricity demand can join other corporate buyers to develop multiple-buyer, also known as aggregated, PPAs.

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PPAs have become very popular, but is that the only option open to corporate buyers?

There are a number of ways for companies to adopt a renewable electricity strategy, all of which present different benefits to corporate buyers. In order of ‘greenness’, these are: on-site or near-site renewable energy generation (through corporate renewable PPAs or direct investment); off-site generation (through corporate renewable PPAs or direct investment); purchasing renewable certificates; and procuring green tariffs (where available in the local market).

05

Do you think the PPA market will continue to evolve with more and more new models?

This is a rapidly growing market and we continuously see new variations emerging, such as multi-technology PPAs and innovative pricing structures. WBCSD has produced a series of publications to help corporate buyers understand renewable PPAs and navigate different markets. View and download the publications here.

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R.E.THINK Talk:
PASCAL CHALVON DEMERSAY, Chief sustainability & energy officer, Solvay

Find out how this leading advanced materials and speciality chemicals company has driven forward its sustainability agenda and proactively responded to customers who want a greener supply chain.

Podcast

Kirsten Sturzaker, Sustainability Manager, Carlton & United Breweries

Australia's leading brewer has committed to sourcing 100 per cent of its electricity from renewables as part of an ambitious sustainability agenda. Listen to our podcast for some great insights into how they will achieve this, how barriers are being overcome and how the Australian sourcing market is growing.

Download White paper

Reversing climate change – is corporate renewable sourcing the solution?

RE100 companies have blazed a trail, but it is the next wave of corporates who need to start their journey if we are to reverse climate change. What are the opportunities? What are the barriers and how can they be overcome? What options are available? Download our white paper for all the answers.

Download paper
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Explore other ‘What ifs’

Share your thoughts on this topic:

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rethink.corporate-sourcing@baywa-re.com