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Corporations are a key demand driver for wind and solar energy. Options
Posted: Tuesday, March 14, 2017 2:27:35 PM

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Moody's Investors Service says "Contracts to sell electricity directly to corporate users are among the key demand drivers for wind and solar power, while the influence of state mandates wanes, according to a report Friday by Moody’s Investors Service."

"Corporations agreed to buy nearly 3.7 GW of power generated by clean-energy projects in 2015, and another 2.5 GW last year, almost all from wind and solar, according to Bloomberg New Energy Finance."

Part of the reason for this is because prices have continued to fall and "Power purchase agreements with wind farms are now available for as low as $15/MWh, according to Moody’s, and $35/MWh for solar."

Community Choice Aggregation (CCA) has also helped bring these costs down. CCA is a system adopted into law in the United States states of Massachusetts, New York, Ohio, California, New Jersey, Rhode Island, and Illinois, which allows cities, counties, and some special districts, to aggregate the buying power of individual customers within a defined jurisdiction in order to secure alternative energy supply contracts on a community-wide basis.

Our lives begin to end the day we become silent about things that matter. ― Dr. Martin Luther King Jr.
Posted: Tuesday, March 14, 2017 3:01:04 PM

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Thank you for the interesting article.
Posted: Friday, April 21, 2017 9:57:54 AM
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Interesting, thank you. We desperately need to switch to renewables. It's sad that so many people still deny climate change.
Posted: Friday, April 21, 2017 11:07:10 AM

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Progpen, it seems corporations buying is good at the beginning of the article but ends with corporations buying may not last long. But that seems to be a good thing as it won't be the only show in town? I don't get it.

A clever person solves a problem. A wise person avoids it. Albert Einstein
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