Full Title: Private Procurement, Public Benefit: Integrating Corporate Renewable Energy Purchases with Utility Resource Planning
Author(s): D. Manning, J. Cook, J. Culkin, C. Edmonds, K. H. Hoffer, J. Lyng, and T. Plant
Publisher(s): Advanced Energy Economy
Publication Date: December 1, 2016
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Description (excerpt):
With a growing list of major companies committed to meeting their electricity needs with renewable sources, corporate demand for clean energy goes above and beyond what is offered in any state. For these large corporations, investing in a long-term resource that gives them stable rather than fluctuating energy costs can be an attractive financial risk mitigation strategy as well a as corporate responsibility commitment. These companies are some of the largest consumers of electricity in the country, and their energy choices have a direct impact on utility resource needs. This paper examines opportunities to make it easier for states, utilities, and renewable energy developers to accommodate corporate renewable energy procurement