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It is an exciting time for the corporate power purchase agreement (PPA) market as it is moving at pace, with a record 19.5GW of clean energy contracts signed by more than 100 corporations across 23 different countries in 2019. Corporate businesses are continually seeing the benefits of taking control of their energy spending and seek a new world of long-term price certainty, whilst allowing them to reach their green targets. At Lightsource bp we’ve seen significant increases in demand for corporate PPAs as well as an increase in size of projects.
During the Corporate Renewables virtual summit held in July 2020, Lightsource bp’s Zosia Riesner, Director of Power Markets in Europe and Emilie Wangerman, Vice President of Business Development, USA shared their insights from both sides of the Atlantic on power marketing. Watch the video to find out more.
We have also recently published our white paper on the corporate PPA market ‘Corporate Power Purchase Agreements International trends’ highlighting some of the trends and drivers we have noticed across the countries we are active in. Some of the key areas of the market we have identified need focus including standardisation, managing risk and policy. Read our white paper to find out more.