Renewable Energy Buyers Alliance continues to advance the green energy goals of Corporate and Industrial Customers nationwide. The report analyzes three viable pathways for increasing renewable energy procurement, and concludes the following:
- Allowing C&I customers the option to choose their suppliers provides opportunities to expand access to renewables – potentially up to 100% of C&I needs. This option can lower the cost of renewable energy procurement by up to 11% compared to if customers do not have supply options.
- Utilities’ renewable energy subscription programs in states where C&I customers do not have supply choice can provide attractive near-term opportunities to improve access to renewables. This is particularly the case when utilities replace their retiring fossil generation with renewable energy for C&I.
- Moderate RPS expansions have the potential to green the grid for all customers, but do not directly provide procurement options for C&I customers to go beyond state established renewable energy targets.
"the report shows that participation in centrally organized wholesale markets makes any of the examined policy pathways cheaper and is key to increasing customer options, reducing costs, and facilitating greater renewable energy integration."
IMO, the energy transition is entering a new phase: Plateau of Productivity