In corporate march to clean energy, utilities not required _ insideclimate news

A curious thing happened while U.S. 9gag wiki utilities were focusing on cheap fracked gas, expensive nuclear power, what to do about coal, and how to fight renewable energy models that threatened their bottom line.

Some of the nation’s largest corporations decided not to wait for utilities and took their interest in renewable energy into their own hands. Gas in babies They bought their own clean power. Gas tracker And they bought it directly from the companies that produced it. 3 gases that contribute to the greenhouse effect No utility middleman needed.

This clean power revolt, led by some of the biggest corporate energy consumers, is the latest threat to the power purchase and delivery system that’s been in place since Thomas Edison invented it.

Could this be what gets utilities’ attention and forces them to consider clean energy as the future instead of the enemy? Will it ultimately lead to the greening of all of America’s power?

“It’s a really interesting question and I don’t know the answer,” said Blaine Collison, managing director of marketing and strategic partnerships at Altenex, an energy management company that has orchestrated direct energy purchases for Microsoft, Home Depot, Walmart, Procter and Gamble, Yahoo, Bloomberg and 3M, among others.

“What I do know is that we’ve got a very significant number of massive employers and drivers of American economic output that have said, ‘Okay, we want renewables and we’re not satisfied with the current options that are available to us. Yoga gas relief pose So we’re going out into the market and getting renewables for ourselves.'”

The trend was spearheaded by the elite of the Fortune 500, especially those companies with electricity-guzzling data centers and manufacturing operations such as Google, Amazon and Walmart.

Most have climate change concerns and want to boost their green portfolio—their customers wanted that, too—and to make the cost of power more predictable.

And so they turned to an old, basic energy project financing model: a power purchase agreement, commonly called a PPA. Gas and electric phone number Traditionally, a utility agrees to buy power for a long time from a generator, giving the builder of an energy plant the stability to attract financing for its construction. Electricity physics The utility then resells power to its customers.

But in PPA 2.0, big customers started asking independent renewable power developers to build the installations, usually off-site and sometimes not even in the same state. U gas station The companies signed contracts to buy the electricity virtually for a decade or longer.

The trend line has been startling in the last few years, with more than 3.2 gigawatts of corporate renewable deals in 2015—most of them PPAs. Gas after eating yogurt That’s more than double the amount in 2014.

Municipalities, universities, and other institutions are adopting the model. Electricity japan And the temporary renewal of tax credits for wind and solar at the end of last year makes now an ideal time to jump in.

The windfall has been biggest for the wind power industry. Electricity outage in fort worth Wind vastly outstrips solar as the corporate PPA power of choice. Gasbuddy va For 2015 and the first part of this year, about 2,800 megawatts of wind power contracted for corporate PPAs to only a little more than 800 megawatts of solar, according to a Rocky Mountain Institute (RMI) analysis.

“The rise of corporate buyer demand is very exciting for the wind industry,” said Hannah Hunt, senior analyst for American Wind Energy Association. Gas variables pogil worksheet answers She called it a complement to the increasing wind purchases by utilities themselves, which she said was being propelled by better technology and improved siting that has cut the cost of wind by two-thirds over the last six years.

Companies considering PPAs are generally seeking larger amounts of renewable power than they can get putting a solar system on their roof, at a rate that’s lower than the prevailing cost of electricity, locked in for 15 to 25 years.

Google is one of the earliest and largest adopters. H gas l gas brennwert In the last six years the company has structured more than a dozen PPAs totaling nearly 1,900 megawatts as it tries to reach its goal of 100 percent renewable power. E suvidha electricity bill lucknow They include one announced late last year through Duke Energy for solar in North Carolina.

Amazon, also looking to be 100 percent renewable, has contracted for power from several wind farms and a solar installation for nearly 550 megawatts. A gas mixture is made by combining It structured a solar PPA in Virginia through Dominion.

General Motors is a recent addition. Electricity consumption In 2011, GM set a goal of 125 megawatts of renewable energy by 2020. Electricity schoolhouse rock Twenty-two solar, three landfill gas, one waste-to-energy and one hydro installation later, the company is now at 106 megawatts. Ideal gas kinetic energy The largest solar system is just under 12 megawatts.

“Even if we put up solar and covered the entire rooftop of our assembly plant, I’d maybe get 20 or 30 percent of our full load,” said Rob Threlkeld, GM’s global manager of renewable energy. Ag gaston birmingham “That’s why we started to look at PPAs.”

Last year GM announced two wind PPAs—one 34-megawatt for several manufacturing facilities in Mexico, another 30-megawatt for an assembly plant in Texas. Gas station jokes When the Mexico PPA goes online in a couple of months, it will put GM over its renewable goal four years early. Gaz 67b tamiya 1 35 Each plant will save the company $2 million annually for the life of the contract.

A survey by PricewaterhouseCoopers (PwC) in conjunction with the American Council for Renewable Energy (ACORE), which has also studied the corporate PPA phenomenon, sampled U.S.-headquartered companies with large energy footprints. Electricity review worksheet answers Seventy-two percent of respondents said they were actively pursuing renewable energy purchases, mainly PPAs.

Last year’s jump in contracts was partly attributable to uncertainty over the expiring tax credits. Gas key bolt carrier That sent many companies scrambling to lock in projects before the Dec. Gas 91 octane 31 deadline. Gas vs electric stove safety The credits were extended for five years, driving the 2016 corporate renewable PPA pace below 2015. Tgas advisors Experts said companies felt they could take a little more time with their decisions now.

Many companies now have sustainability and renewable energy goals. Eon replacement gas card And more and more investors, partners, stockholders and customers expect a company to address sustainability and climate change.

“You don’t have to use your own capital,” noted George Favaloro, managing director for sustainable business solutions and head of the corporate energy transformation practice at PriceWaterhouse. Gas leak in car He was the lead author of its survey.

“The biggest risk is long-term contracts,” GM’s Threlkeld said. Gas and bloating pain “What’s the market going to look like in 10 to 15 years? What’s our manufacturing presence in that state or country going look like in 10 to 15 years?”

In Las Vegas, two major hotels—MGM and Wynn Resorts—have said they will pay hefty fees to leave the local utility, NV Energy, so they can buy renewable power. Find a gas station close to me That was after they were unable to work out renewable deals with the utility.

“We may have companies saying, ‘Look we don’t want to come to your state if you’re structured in a way that we can’t buy the power we want,'” he said. 10 gases and their uses “That’s a very compelling economic message.”

“Frankly I haven’t heard any worry at all . Gas in back symptoms I’ve heard more enthusiasm than anything,” said Phil Moeller, vice president for energy delivery and chief customer solutions officer at the Edison Electric Institute, the trade association for investor-owned utilities. Physics c electricity and magnetism “The typical issues related to it from a utility’s perspective —perhaps you have to include some balancing capability if it’s just one fuel, and that fuel isn’t available all the time.

“It’s a really interesting intersection of a market opportunity and a set of outcomes that has huge net benefits for the developer, for the power user, for climate change,” he said. 76 gas credit card account login “This is about changing the U.S. Electricity electricity music notes generation portfolio.