194 Parties committed to the Paris Agreement which entered into force in 2016. The stated terms were to reduce carbon emissions by 45% by 2030 and reach net zero carbon emissions by 2050. Reaching these ambitious global targets requires the collaborative effort of all parties, including governments, NGOs, and businesses both large and small. While … Continued
The inaugural #ZeigoNetworkLive event in Europe concluded last Friday with three outstanding sessions covering EU policy and renewable energy, carbon offsets and greenwashing, and risk management in offsite PPA agreements. Our minds are buzzing with knowledge, and in the weeks and months ahead, we’ll be diving deep into the wealth of insights we’ve gained. This we know to … Continued
In October, Helen Dewhurst from BloombergNEF joined Meghan McIntyre of Zeigo Power in our most popular webinar to date to discuss BNEF’s latest report 1H 2023 European Corporate PPA Price Survey and delve into the trends we’re seeing in European PPA markets. Despite challenges faced by both buyers and sellers of corporate energy, one overarching theme is clear, the PPA industry is ripe for growth. In this blog we’ll review the key messages from this discussion and answer some of the most asked about questions from attendees.
Unless you’re a global multinational with established renewable energy procurement processes and dedicated resources, negotiating power purchase agreements (PPAs) can be a daunting task. Most companies need to engage outside support to help them do the following: While it’s not an exhaustive list, we’d suggest corporate energy buyers start with these six core considerations to help … Continued
194 Parties committed to the Paris Agreement which entered into force in 2016. The stated terms were to reduce carbon emissions by 45% by 2030 and reach net zero carbon emissions by 2050. Reaching these ambitious global targets requires the collaborative effort of all parties, including governments, NGOs, and businesses both large and small. While … Continued
Recently there has been significant volatility in European power markets which has increased both buyer hesitancy and interest in PPAs. At the same time, as 2025 and 2030 decarbonization targets loom, sustainability strategies are coming to the forefront of buyer motivations rather than being secondary to hedging potential. As the market has faced significant change, … Continued
As renewables grow in popularity, battery storage projects are expanding too. Here’s how corporate energy buyers can benefit. Back in 2014, Europe held 44% of the world’s battery storage market. That’s since dropped back to 30% and might halve again by 2030 if current forecasts hold true. What’s happening? Europe is falling behind China and … Continued
Power Purchase Agreements (PPAs) are the leading mechanisms through which commercial and industrial energy buyers reduce reliance on fossil fuels, curb emissions, procure EACs (energy attribute certificates), meet compliance mandates, and signal their action against climate change to both internal and external stakeholders. Volatility in power markets has increased the hedging value provided by PPAs … Continued
As world leaders met for COP27, it was already clear that alongside reducing emissions, the energy transition must consider how to mitigate power market volatility. While nuanced, Power Purchase Agreements (PPAs) are one avenue to provide long term stability to energy price fluctuations while enhancing sustainability performance. PPAs are an energy contract between an offtaker … Continued
Companies are facing unprecedented challenges meeting carbon neutrality goals and achieving operational savings in an uncertain business environment. But not for a lack of ambition or opportunity. In a survey, the majority of respondents (87%) told us that they were confident in their ability to meet their sustainability goals. And assessments among industrial sites, for example, … Continued
