Corporate Renewable Power Purchase Agreements: Scaling up globally

This report is co-authored with EY for the World Business Council for Sustainable Development (WBCSD).

More than 40% of Fortune 500 companies now have targets relating to renewable energy procurement, energy efficiency or cutting GHG emissions. This fast-growing number of companies is procuring power from renewable sources to reduce their carbon footprint and showcase leadership, as well as to mitigate energy procurement costs and risks. The business case for corporate buyers to procure renewables includes:

1. Economics – long-term electricity cost affordability and improved price visibility;
2. Sustainability – reductions in carbon emissions and progress towards renewables targets
3. Leadership – recognition for renewable electricity achievements and climate leadership.

This report walks companies through the opportunities that PPAs offer. It also addresses the obstacles corporate buyers and developers face as they plan and negotiate PPAs and proposes valuable solutions for corporate buyers and developers alike. The report takes a global approach highlighting countries that present the best potential for corporate renewables - such as Chile and Argentina or India.