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In this episode, I sit down with Johan Hernström, Head of Off-Site Solar Sweden at Alight. We dive into Alight's mission to develop, own, and maintain solar farms, as well as their Power Purchase Agreements with major brands across Europe. Johan shares insights on the impressive growth of solar energy in Sweden, future projects, and how Sweden is positioning itself as a leader in renewables. We also discuss the surprising similarities between Canada and Sweden in terms of solar potential, challenges, and opportunities. Tune in to explore how both countries are closer than ever in their drive toward a sustainable future.See omnystudio.com/listener for privacy information.
International Accounting Standards Board: Developments in IFRS Standards
IASB Vice-Chair Linda Mezon-Hutter and IASB Member Bruce Mackenzie join IASB Executive Technical Director Nili Shah to discuss: Financial Instruments with Characteristics of Equity (00:54); Business Combinations—Disclosures, Goodwill and Impairment (03:30); Intangible Assets (07:13); and Power Purchase Agreements (10:50).
Power Purchase Agreements (PPAs) sind langfristige Verträge zwischen Stromerzeugern und Abnehmern, die den direkten Kauf von Strom, meist aus erneuerbaren Energien, zu festgelegten Konditionen regeln. Obwohl sie erst seit einigen Jahren existieren, steigt die Nachfrage aus der Industrie stetig.In dieser Folge tauchen wir tief in die Welt der PPAs ein. Ihr erfahrt unter anderem, wie sie ausgestaltet werden, was der Unterschied zwischen physischen und virtuellen PPAs ist, und wie hoch die Mindestabnahme für solche Verträge ist.All diese Informationen liefert euch unsere heutige Gästin, Annkathrin Rabe (https://www.linkedin.com/in/annkathrin-rabe/). Annkathrin ist Head of Downstream Origination bei Statkraft, und PPAs gehören zu ihrem täglichen Geschäft.Der enPower Podcast ist ein Projekt von Markus Fritz und Julius Wesche. Für Folgen-Ideen oder Kollaborationsanfragen gerne via email an hallo(at)enpower-podcast.de.(00:08:45) Was sind PPAs und warum brauchen wir sie?(00:14:52) Welche Arten von PPAs gibt es?(00:20:02) Was sind Vorteile von PPAs?(00:23:49) PPAs im zeitlichen Verlauf(00:30:06) Welche Anforderungen und Rahmenbedingungen gibt es?(00:36:52) Wie sieht der Prozess zur Erstellung von PPAs aus?(00:49:16) Zukunft von PPAs(00:56:11) Recap
International Accounting Standards Board: Developments in IFRS Standards
In the September 2024 IASB podcast, IASB Chair Andreas Barckow and IASB Member Patrina Buchanan join IASB Executive Technical Director Nili Shah to discuss: Power Purchase Agreements (00:43); Management Commentary (4:39); Statement of Cash Flows and Related Matters (8:00); and Amortised Cost Measurement (10:39).
Welcome to Top of the Morning by Mint, your weekday newscast that brings you five major stories from the world of business. It's Tuesday, September 3, 2024. My name is Nelson John. Let's get started.Indian equity markets set another record on Monday, with the Nifty rising by 0.17 percent and the Sensex gaining 0.24 percent. This marks the thirteenth consecutive trading session where the markets have closed in the green.Last week, the Securities and Exchange Board of India proposed a major regulatory change for stock brokers, requiring them to implement a payment mechanism that blocks funds for trading in the secondary market. Mint's Neha Joshi explains that this type of block mechanism, where investors set aside money for transactions, enhances security while allowing them to earn interest on the funds held in their accounts.Ever encountered a "ghost job"? These are fake vacancies posted by companies to gather resumes for future use and test market interest. Additionally, they might also post such jobs to maintain their brand image or signal growth. Devina Sengupta reports that these postings are usually done by smaller companies. Read her primer on this trend, and find out how to avoid wasting your time by applying for a ghost job.Regulatory challenges for India Inc. have been steadily increasing, prompting companies to seek assistance from "crisis consultants" to navigate these issues. Recent incidents, such as the problems with IT systems at Kotak Mahindra Bank, highlight this sectoral shift. Shayan Ghosh and Devina Sengupta write that the emergence of crisis consulting as a sector is imminent. They also note that the use of artificial intelligence is significantly reducing resolution times from months and weeks to mere days.In July, SBI Card reported a rise in non-performing assets, attributing it to customers over-leveraging by securing multiple credit lines, which directly affected their repayment capacity. Our partners at How India Lives highlight that this trend reflects a broader issue of rising household debt in India, exacerbated by the pandemic. Soaring household debt is impacting savings and expenditure, raising concerns about the broader implications for economic growth and the urgent need for a rebound in household financial savings.In New Delhi, the renewable power sector is facing a challenge as nearly 30 gigawatts of capacity is struggling to find buyers. Potential buyers expect uniform tariffs and improved grid connectivity, both of which are missing. Rituraj Baruah reports that projects worth at least 15 gigawatt lacks Power Purchase Agreements, while around 14 gigwatts are awaiting Power Supply Agreements. India aims to significantly increase its green power project tendering to meet an ambitious goal of achieving 500 gigwatts of non-fossil-based energy capacity by 2030. Such a backlog by the authorities in approving projects is spooking investors
International Accounting Standards Board: Developments in IFRS Standards
In the March 2024 IASB podcast, IASB Executive Technical Director Nili Shah, IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter summarise discussions held at the 18-21 March IASB meeting about progress made in the Climate-related and Other Uncertainties in Financial Statements project (01:18); discussions in the Management Commentary project (07:57); and developments in the Power Purchase Agreements project (14:20).
Making the switch to solar power is now more affordable than ever thanks to Gradient Solar Systems' power purchase agreement (PPA).Call 951-445-2271 or visit https://gradientsolarsystems.com/agricultural-solar for more information. Gradient Solar Systems City: Colton Address: 901 East Washington Street Website: https://gradientsolarsystems.com/ Phone: +1 951 445 2271
International Accounting Standards Board: Developments in IFRS Standards
IASB Executive Technical Director Nili Shah, IASB Chair Andreas Barckow and IASB Vice-Chair Linda Mezon-Hutter summarise discussions from the January 2024 IASB meeting. The projects discussed are the Post-implementation Review of IFRS 15 Revenue from Contracts with Customers, Power Purchase Agreements, IFRS 9─classification and measurement and the addendum to the Exposure Draft Third edition of the IFRS for SMEs Accounting Standard.
Traditionally required by high-demand consumers such as data centres or metal industries, power purchase agreements, or PPAs are used to secure an energy price over an agreed timeframe. But times are changing, and different types of businesses need PPAs. What does the market look like for these agreements in the future?In this episode, Quentin is joined by Luca Pedretti, COO and Co-Founder of Pexapark. Over the course of the conversation, they discuss:What is a power purchase agreement and how do they work?Pexapark's vision and the problems they are trying to solve.A look at emerging trends and changes happening to PPAs.The rise in shorter contracts and how this will open up the capacity able to be traded through PPAs.Luca's contrarian views, from base load PPAs to shale gas.About our guestPexapark have supported over 25 GW of PPA transactions in Europe and the United States. Providing a solution for renewable energy investors and operators with tools that would support the entire process. For more information on what Pexapark do, head to their website.About Modo EnergyModo Energy provides benchmarking, forecasts, data, and insights for new energy assets - all in one place.Built for analysts, Modo helps the owners, operators, builders, and financers of battery energy storage solutions understand the market - and make the most out of their assets. Modo's paid plans serve more than 80% of battery storage owners and operators in Great Britain.To keep up with all of our latest updates, research, analysis, videos, podcasts, data visualizations, live events, and more, follow us on Linkedin or Twitter. If you want to peek behind the curtain for a glimpse of our day-to-day life in the Modo office(s), check us out on Instagram.
International Accounting Standards Board: Developments in IFRS Standards
IASB Chair Andreas Barckow, Vice-Chair Linda Mezon-Hutter and Executive Technical Director Nili Shah highlight key discussions from the IASB meeting which includes an update on the IASB workplan; details on two projects discussed at the board meeting on Management Commentary and Power Purchase Agreements; and a preview of the key developments from the IASB during the first half of 2024.
Sponsored by DeloitteEnvironmental liability (E-liability) introduces a simple, accurate, and verifiable calculation for the total cradle-to-gate emissions of any product or service. Karthik Ramanna is the Co-founder and Principal Investigator at the E-liability Institute . He's also the Professor of Business & Public Policy and Director of the Master of Public Policy Program at the University of Oxford's Blavatnik School of Government. (3:17) Karthik explains the basics of E-liability and makes the case for why companies, standards setters and regulators all around the world should be familiarizing themselves with the concept of E-liability.Few companies produce as many household products as Colgate-Palmolive. Vance Merolla is the Senior Vice President of Global Sustainability at Colgate-Palmolive and he joins the show (28:28) to discuss how the company tackles sustainability across all its products and brands. The initiatives Vance outlines include advancements in recyclable toothpaste tubes, what the company learned from getting certain aspects of its Sustainability and Social Impact Strategy approved by the Science-Based Targets initiative and how Colgate-Palmolive recently went about signing a virtual power purchase agreement to help Colgate-Palmolive power its operations. From DeloittePower, Utilities & Renewables servicesStart charting your decarbonization path todaySustainability SmartPod episode featuring Deloitte's John MennelMore resources about E-liabilityHarvard Business Review: Getting a Clearer View of Your Company's Carbon FootprintHarvard Business Review: Accounting for Climate ChangeHarvard Business Review: Accounting for Carbon OffsetsHighlights from KarthikWhat is E-liability? - (3:26)Mobile phones as an example of how E-liability would work - (5:27)The impact E-liability could have on supply chains - (9:33)Pilot program with Giti Tire - (11:34)How E-liability is better than standard carbon measurement approaches - (14:24)Bringing more supply chain companies into the process - (15:51)Eliminating "inspirational disclosure" for Scope 1-3 reporting - (20:34)What's preventing wider adoption of E-liability - (22:21)How many companies will adopt E-liability in 3-6 years - (25:52)Highlights from VanceThe details of Colgate-Palmolive's VPPA - (28:40)Key points in the VPPA decision-making process - (32:43)Collborating with other market participants - (34:42)Sign up for the Renewable Energy SmartBriefFollow the show on Twitter @RenewablesPod
Alight is a company riding the solar-coaster and enjoying the heights.In November 2021, David Banmiller sat down with Harald Overholm, co-founder and CEO of Alight. The focus of that discussion was on the emergence in popularity of Power-Purchase Agreements, in the solar sector. Alight, as one of the biggest providers in the Nordics, was looking to continue expansion throughout Europe. Since then, there's been exponential growth and evolution in solar, and the way businesses and homes source that energy.In November 2022, Alight raised about €150 million to expand their operations. This was a major milestone for the relatively small company at the time. Managing to secure equity in the market, they worked with various partners, ultimately partnering with an infrastructure fund, DIF. DIF, being one of the leading mid-market infra funds specializing in renewables, was instrumental in driving the company to expand its team and strategically take control of certain projects.Alight's key play was transitioning their role from being developers to becoming an independent power producer. As a PPA, Alight gained the ability to select which projects to develop, devise strategies to monetize them, and ultimately derive profit. This significant shift has been a cornerstone of their recent progress.The solar industry, as it expands quickly, provides opportunities, but it also presents potential obstacles. A primary concern, as Harald explores with David, is the heavy reliance on China for polysilicon production, a foundational component of solar cells. This poses potential supply chain risk, fuelling the argument for diversifying polysilicon production.While challenges might lie ahead, the surge of interest from investors, the potential of new enhancing technologies, and the increasingly favourable view of solar power are a key part of the energy transition that keeps the industry optimistic.The key to sustained success lies in the ability of companies like Alight to ride the high times and the low times. With the right balance of financial backing, strategy, and a focused vision, solar energy companies are poised to illuminate the path towards a greener future. For more on this topic, check out the recent episode of the Energy Gang, our sister podcast which you can find here: https://www.woodmac.com/podcasts/the-energy-gang/riding-the-solar-coaster/Subscribe to the Interchange Recharged so you don't miss an episode, out every second Friday at 7am ET. Find us on X – we're @interchangeshowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In the latest episode of Osborne Clarke's Energy Innovation podcast series, Deborah Harvey leads a discussion with Osborne Clarke colleagues Daniel Breuer, Partner and Head of our Energy Practice in Germany, and Lukasz Petelski, Energy Counsel in Poland. Together they discuss the role of CPPAs and activity within each jurisdiction, including what they are seeing in terms of structures, price and competition. They also cover the challenges within each area, and discuss opportunities for standardisation.
Der Energiemarkt ist im Umbruch. Power Purchase Agreements werdenimmer wichtiger! Doch was genau verbirgt sich hinterdem Begriff PPA und wie unterscheidet es sich vomherkömmlichen Stromkauf? Welche Rolle spielen PPAsin der aktuellen Umbruchsituation auf demEnergiemarkt? ⚡Diese und weitere Fragen diskutierenFinanzierungsexperte Lukas Stühlinger (FINGREEN)und NHP Partner Florian Stangl in der neuesten Folge„Willkommen Umweltrecht“.
As companies consider their decarbonization strategies and their net zero ambitions they should aim to reduce their energy consumption and source higher amounts of low carbon or green energy. For companies looking for a secure long-term supply of renewable energy, Power Purchase Agreements or PPA's offer the most cost-effective method of sourcing large amounts of renewable energy, at competitive prices.
The 0-Mission (udtales The Zero Mission) vil gøre det let for alle virksomheder i Danmark, også de små og mellemstore, at bidrage til den grønne omstilling ved at opføre mere grøn strøm i Danmark. Det er ikke en helt let opgave at forklare, hvad The 0-Mission laver og hvordan de gør det, men CEO og Co-founder Anna Riis Hedegaard gør sit bedste for at forklare, og vært Steffen Max Høgh opsummerer og perspektiverer, som han er bedst til. Derfor taler de to ikke udelukkende om grøn strøm, sort strøm, LCA-analyser og Power Purchase Agreements i denne episode, men de kommer vidt omkring emner som storpolitik, Kina, de nye regler og regulativer fra EU, hvilken indvirkning reglerne vil få på alle lande, også dem uden for EU, Chr. Hansens møgsag omkring Pride og initiativet #rydfladenforklimaet, der florerer især på LinkedIn og Twitter. Du kan høre om: • Hvordan The 0-Mission arbejder for at gøre det nemt for virksomheder i alle størrelser at handle på klimaforandringerne ved at tilføre mere grøn energi til nettet • Hvordan de hjælper kunderne med at kommunikere det rigtigt, så man undgår greenwashing • At Anna Riis Hedegaard mener, at skolerne burde undervise i CO2-regnskaber • Den grønne udvikling, der hele tiden er i bevægelse og hvordan synet på f.eks. økologi, hybridbiler og elbiler har ændret sig • Apples forsøg på sikre grøn strøm til et datacenter i Danmark • Om sneboldseffekter og ”den politiske forbruger” Nævnt i episoden: • Anna Riis Hedegaard på LinkedIn https://www.linkedin.com/in/annariis/ • The 0-Mission: https://www.the0mission.dk/ • Koppen af kaffegrums fra Grounded: https://groundedcups.com/ • Klima-Kvickly: https://info.coop.dk/butikker/klima-kvickly/ • Per Espen Stoknes bog “What We Think About When We Try Not To Think About Global Warming”: https://www.goodreads.com/book/show/25320105-what-we-think-about-when-we-try-not-to-think-about-global-warming • Den SMV-undersøgelse som Steffen nævner i episoden: https://atv.dk/udgivelser-viden/maal-indsatser-samarbejde Tips, idéer eller ønsker? Skriv til mig på LinkedIn Du er velkommen til at skrive til mig på LinkedIn, hvis du har idéer til emner, jeg skal tage op i podcasten Bæredygtig Business. Find mig her: https://www.linkedin.com/in/steffenmax/ Ros og konstruktive forslag modtages også gerne. Og hvis du vil give Bæredygtig Business en god anmeldelse i din podcastapp, vil det være fantastisk.
23 March 2023: In this Frankly Speaking Podcast, host Seán Flynn discusses the need for a wholesale reform of the EU's electricity market and the importance of Power Purchase Agreements. Tune in to hear what our host has to say. 27 March 2023 event: The European electricity market: fit for purpose? https://www.friendsofeurope.org/events/the-european-electricity-market-fit-for-purpose/
Many companies around the world are declaring tremendous progress in reducing their greenhouse gas emissions. Sometimes these claims are the result of actions that really do reduce emissions but other times they are the result of something called “market-based accounting”. Businesses buy credits from clean energy providers that allows them to say they are running […]
På två år har spotpriserna i södra Sverige ökat mer än tiofalt, från 25 öre per kWh i augusti 2020 till över 300 öre per kWh i augusti 2022. Samtidigt slår nyheter om skyhöga prisnivåer på den långsiktiga terminshandeln av el som spön i backen. I poddens 81:a avsnitt får vi hjälp av Fredrik Bodecker att bena ut vad de höga elpriserna beror på och hur man kan tolka nyheterna kring de höga terminspriserna på el. Fredrik är vd på analys- och rådgivningsföretaget Bodecker Partners och kommer tidigare från en lång karriär hos några av Europas största energihandlare. I avsnittet djupdyker vi i frågan om hur handel av el går till, både kort- och långsiktigt. Fredrik går både igenom den fysiska handeln på Nordpools marknader och den finansiella terminshandeln som används för att producenter och förbrukare ska kunna prissäkra sig långsiktigt. Avslutningsvis pratar vi om en förhållandevis ny avtalsform som vuxit fram i samband med utbyggnaden av sol- och vindkraft, nämligen PPA:er eller Power Purchase Agreements, där stora användare av el ingår långa kontrakt med producenterna. Fredrik berättar om drivkrafterna som gjort att PPA:er har vuxit fram, hur de har utvecklats över tid, och hur de långsiktiga kontrakten hanteras inom ramen för den fysiska handeln och elsystemdriften.
The Department of Mineral Resources and Energy will today sign a Power Purchase Agreement with three preferred bidders. This is part of broad measures to address the country's load-shedding crisis. The signing ceremony with the first preferred bidders will take place in Centurion, Pretoria. The National Union of Metalworkers of South Africa, NUMSA says the introduction of privately owned renewable Independent power producers will lead to massive job losses. For more on this, Elvis Presslin spoke to Numsa's national spokesperson Phakamile Hlubi-Majola
Copyright 2022 - The Energy Show, Barry Cinnamon Every time I fly into a city the glare from bright white commercial rooftops screams out to me “I need solar panels.” It is a little known fact that the 30% solar investment tax credit coupled with 20%+ depreciation benefits makes commercial rooftop solar the most cost-effective way of supporting local electric grids. Just think about how much more power would have been available to California if only 10% of commercial rooftops had rooftop solar + batteries. However, the commercial solar and storage market lags behind the utility and residential solar markets in the U.S. for three main reasons: First, many commercial buildings in the U.S. are leased. Renters generally do not want to make the capital investments necessary to install solar and storage on buildings that they do not own. Power Purchase Agreements coupled with fast paybacks can overcome this financial limitation. Second, utilities complicate the interconnection of commercial systems by requiring arbitrary system size caps and special equipment. Pre-applying for system interconnections and understanding the timeframes for transformer upgrades help resolve these issues. On a side note, utilities in California have managed to pass Assembly Bill 2143 that requires expensive prevailing wage labor rates for all commercial buildings that will go into effect on 1/1/23. A veto by Governor Newsom is the only way to prevent a big increase in commercial solar and storage installation costs. If you would like to ask Governor Newsom to veto AB 2143, please click on this link: Veto Commercial Solar Prevailing Wages. Third, many commercial buildings are “value engineered” with limited rooftop load bearing capabilities. Lightweight solar installation technology solves this rooftop loading problem. Fortunately, there is a solution to the weight of solar panels on these value-engineered buildings. A company called SunMan has developed high efficiency lightweight solar panels that are ideal for commercial and industrial rooftops — including buildings with curved roof surfaces. Our guest on this week's Energy Show is the brains behind SunMan: Dr. Zhengrong Shi. Dr. Shi was the founder and CEO of Suntech, the first NYSE-listed solar module company. He is a legend in the solar industry, and is also a professor at the University of New South Wales. During the mid-2000s, Suntech was the largest manufacturer of solar modules in the world, and gained a reputation for quality and reliability. Please join me on this week's Energy Show as Dr. Shi discusses the keys to success in the solar industry, as well as the benefits of Sunman eArc solar modules.
9 months ago The Interchange spoke with Harald Overholm from Alight. Alight is one of the leading providers of Power Purchase Agreements in Europe. Since then we've seen massive changes in the market, rampant inflation and stock market turmoil. To analyse the changes currently underway in the PPA sector, David is joined by Luca Pedretti, from PexaPark. PexaPark use unique data sets to offer pricing across multiple European markets. The discussion moves from talk of price volatility and how it can be managed, to the future of the renewable sector and what needs to be done to mitigate the negative effects of inflation. There are lessons for the US from Europe. Can a PPA hedge against inflation? Luca says we need to find a way to incentivise and integrate private capital. How do we do this? Dive into the episode to find out.Follow us on Twitter @InterchangeShowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Get a 15% discount to attend Midwest Solar Expo with discount code: CPH15. www.MidwestSolarExpo.com/, the premier B2B solar and clean energy event in the region.The beauty of a microgrid is that it connects with the traditional grid but works autonomously when necessary. This is especially beneficial for critical process facilities that can't afford a shutdown and growing operations that need a power upgrade. So, how does a microgrid system leverage multiple renewable energy sources to keep the lights on when the power grid goes down? And what factors do facility owners need to consider before investing in the installation and operation of a microgrid?Bill Shevlin is CEO of Mavericks Microgrids, a company dedicated to the finance and development of carbon neutral and carbon negative microgrids projects. His team makes use of several diverse renewable energy technologies, including energy storage, solar and PV, CHP, biodigestors, EV chargers and IoT controls. On this episode of Clean Power Hour, Bill joins Tim to share case studies of Mavericks' residential real estate and commercial and industrial projects, explaining how a food processing facility, for example, benefits from installing a microgrid.Bill discusses how his team increases ROI for investors by selling excess capacity back to the grid and describes why virtual net metering and virtual trading of power is the future of electricity.Listen in to understand how Bill helps growing companies scale up their energy capacity when local utilities can't and find out how Mavericks Microgrids provides affordable green power for its clients in the US and around the world. Key TakeawaysHow Bill's career in real estate development and management led him to the energy spaceMavericks Microgrids' focus on the financing and operations of renewable energy microgrid projectsExamples of Mavericks Microgrids' residential real estate and commercial + industrial projectsHow Bill's team increases ROI by selling additional capacity back to the gridHow Mavericks Microgrids works with virtual power plant platforms to connect with the gridWhy Bill believes that virtual net metering and virtual trading of power is the future of electricityA case study of Mavericks Microgrids' work with a food processing facility How Bill's team helps growing companies scale up their energy capacity (when local utilities can't)Why Mavericks Microgrids does all its projects via energy service or power purchase agreementsWhat facility owners need to think about when it comes to installing solar and storageHow Bill's team makes data available to its customers for ESG reportingWhy regulatory changes are necessary to speed the installation of microgrid projectsConnect with BillMavericks MicrogridsResourcesIntelligent Generation Voltage AutoGrid Sandbar Solar CA Solar + Storage Association MICROGRID Act Investment Tax Credit Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/ Twice a week we highlight the tools, technologies and innovators that are making the clean energy transition a reality - on Apple,
In this episode, Kaitlyn Allen talks with Tim Kim, CEO of ibV Energy Partners and its direct affiliated companies. Before founding ibV Energy, Tim led closings on M&A transactions in the US and globally. ibV Energy Partners LLC is a privately held company based in Miami and direct investors and developers of large-scale solar and storage power plants across the US. Their customers include investor-owned utilities, power agencies, corporates, and municipalities engaged in procuring grid-connected clean energy. ibV was founded by a group of US military veterans. Listen as Kaitlyn and Tim explain what Power Purchase Agreements (PPAs) are, how they work, and why more companies are bypassing utilities to work directly with developers to realize their ESG goals. They also explore the ESG-related risks of solar panels and the sourcing of minerals. Tim is a proud veteran of the US Navy, and his military background and dedication to public service are driving forces for his life's work. He shares his perspectives on why veterans should consider careers in the renewable energy industry and how their military skillsets are assets to this industry. Drumroll… this is the first video podcast (Vodcast) for ESG Decoded! We are thrilled to offer a visual format to our audience for some of our future episodes moving forward. Make sure to subscribe to ESG Decoded on your favorite streaming platform, YouTube for our newest Vodcast, and as always, don't forget to connect with us on our social media channels. Enjoy this episode!
Immer mehr Unternehmen aus Industrie und Gewerbe suchen nach langfristigen Möglichkeiten, sich gegen steigende Strompreise abzusichern. Gleichzeitig wollen auch die gesetzten Nachhaltigkeitsziele der Wirtschaft erreicht werden. Zudem sinken die Stromgestehungskosten von Solar- und Windparks. Damit rücken grüne Power Purchase Agreements, kurz PPA, als weitere Säule einer erfolgreichen Energiewende weiter in den Fokus. Die Potentiale grüner PPAs sind unbestritten, doch welche konkreten Chancen und Herausforderungen bringen PPAs für die Energiewirtschaft? Und wer kann davon besonders profitieren, sind es nur Großkonzerne oder auch kleinere Unternehmen sowie Stadtwerke? Das und mehr verrät Annkathrin Rabe, Originator Green power bei Statkraft. Timeline: 1.15: Was genau sind PPAs und welchen Beitrag leisten diese für die Energiewende? 3.50: Welche Bedeutung können PPA für die Industrie haben? Wer profitiert dabei besonders? 9.25: Welche Risiken gibt es für Abnehmer und für die Anlagenbetreiber? Wir kann man Risiken absichern? 11.12: Ein neuer Trend sind 24/7 PPAs – was sind hier die großen Chancen? Infos und Tickets zur Tagung Grüne PPA - Chancen und Herausforderungen für Industrie und Energiebranche gibt es hier: https://www.forum-neue-energiewelt.de/gruene-ppa/ppa-tagung-intersolar-europe Fragen oder Anregungen? Dann senden Sie uns eine E-Mail an podcast(at)thesmartere.com.
In this episode we're looking at the business of solar power purchase agreements (or PPAs as they're known) – essentially connecting corporate energy users with new sources of solar generation. Loyal listeners may remember a previous episode in Series 10 with Alpiq and Aquila Capital looking at PPAs in Spain, with its plentiful wind and solar resources. Today we're heading further north – all the way to Sweden, and talking with Harald Overholm, founder and CEO of Alight, the Nordics' leading Solar PPA company.
PPAs unlocked the power of renewables leading to the sectors incredible rise over the past decade. These long term agreements, primarily selling the power to utilities, provided the foundation for a whole slate of new developers to create wind and solar farms across Europe and US. Everything worked well in a decade of low prices and low volatility. Then came 2021 and these long term PPAs created an existential risk to certain participants. Utilities have faced huge margin calls to manage their exposure to hedged PPAs warehoused on their balance sheets. What is the history of the PPA? What do the events of 2021 mean for the PPA going forwards? How will their structure and tenure change in response? And what will it do to the appetite of buyers and what will that mean for the renewable power industry? Our guest is Werner Trabesinger, Head of Quantitative Analytics at Pexapark, a software company enabling market players to sell, manage and buy renewable power. To find out more about HC and our talent advisory services in the energy & commodities sector visit www.hcgroup.global/hc-insider To connect with our host Paul Chapman, you can find him at www.linkedin.com/in/paulchapmanhc/
This week Chris and Johan are joined by Pexapark's co-founder, Luca Pedretti. Pexapark is a leading provider of software and advisory services for sales and risk management in the fast-emerging market of power purchase agreements. With the phase-out of renewable subsidies in Europe power purchase agreements offer a new opportunity of renewable energy sourcing according to Luca. Tune in to learn about the holy trinity of renewable energy risks and meeting the demand of various buyer segments. Link to Pexapark:https://pexapark.com/
Corporate virtual power purchase agreements (vPPAs) have become increasingly popular and sophisticated products as a means of achieving sustainability-related goals. In this episode, Clyde (Skip) Rankin joins David Wardell to explain what vPPAs are, how they work, and their benefits for our healthcare and life sciences clients.
Juan Pablo Cerda joins Chris and Johan to discuss how to improve the PPA process. This episode helps provide a deeper dive into PPAs and Zeigo's vision to improve the process. Technology allows enterprises a better way of obtaining PPAs.
Alex Epstein joins me for a deep conversation about fossil fuels, renewable energy, money, philosophy, history, and more.Be sure to check out NYDIG, one of the most important companies in Bitcoin: https://nydig.com/GUESTAlex's twitter: https://twitter.com/AlexEpsteinAlex's Website: https://energytalkingpoints.com/CHANNELPodcast Website: https://whatismoneypodcast.com/Apple Podcast: https://podcasts.apple.com/us/podcast/the-what-is-money-show/id1541404400Spotify: https://open.spotify.com/show/25LPvm8EewBGyfQQ1abIsE?si=wgVuY16XR0io4NLNo0A11A&nd=1RSS Feed: https://feeds.simplecast.com/MLdpYXYITranscript:EPISODE00:00:00 “What is Money?” Intro00:00:05 NYDIG00:01:22 The First Principles of Energy00:04:31 The Relationship Between Humans and Nature00:07:25 Pursuing What is Best for Humans00:11:54 The Intellectual Package Deal00:21:43 The 20th Century Left's Anti-Capitalist Propaganda00:29:03 Philosophical Utilitarians vs. The Individual Rights Perspective00:35:27 The Parallel Between Energy and Currency00:39:10 The Socially Objective Value and The Role of Government in Economics00:47:25 Bitcoin's Natural Resistance to Violence00:52:38 The Distortion of Money00:56:19 The Unspoken Costs of Alternative Sources of Energy01:05:57 Freedom of Competition01:14:42 The Philosophical Foundations of Economics01:18:42 The World Economic Forum Propaganda Against Property01:25:05 The Dominance of Fossil Fuel01:41:30 Sacrificing Humans to the Idea of an Impacted Climate01:50:02 Defining Sacrifice as The Surrender of Value01:58:50 The Disingenuousness of Human Motives02:03:47 Catastrophe Predictions02:05:21 Inflation and Taxation as Modern Forms of Servitude02:10:20 Fiat Currency: Costless Money02:14:27 The 100% Renewable Energy Fraud02:19:50 Power Purchase Agreements and The Grid Accounting Fraud02:24:02 The Climate Mastery Ability and Global Warming02:27:03 Are We Causing a Rate of Change that is Overly Disruptive?02:33:25 Capital Misallocation as an Anti-Human Viewpoint02:35:46 The Human Flourishing ProjectSOCIALBreedlove Twitter: https://twitter.com/Breedlove22WiM? Twitter: https://twitter.com/WhatisMoneyShowLinkedIn: https://www.linkedin.com/in/breedlove22/Instagram: https://www.instagram.com/breedlove_22/TikTok: https://www.tiktok.com/@breedlove22?lang=enAll My Current Work: https://linktr.ee/breedlove22WRITTEN WORKMedium: https://breedlove22.medium.com/Substack: https://breedlove22.substack.com/WAYS TO CONTRIBUTEBitcoin: 3D1gfxKZKMtfWaD1bkwiR6JsDzu6e9bZQ7Sats via Strike: https://strike.me/breedlove22Sats via Tippin.me: https://tippin.me/@Breedlove22Dollars via Paypal: https://www.paypal.com/paypalme/RBreedloveDollars via Venmo: https://venmo.com/code?user_id=1784359925317632528The "What is Money?" Show Patreon Page: https://www.patreon.com/user?u=32843101&fan_landing=trueBITCOIN BUSINESSESUse Discount Code "Breedlove" for Bitcoin Custody w/ Casa: https://keys.casa/#plansBuy Bitcoin in a Retirement Account w/ DAIM: https://daimio.typeform.com/to/oU5OHXMZStack Sats with Swan Bitcoin: https://www.swanbitcoin.com/breedlove/Worldclass Bitcoin Financial Services: https://nydig.com/
The federal government says there is an ongoing effort involving some key government establishments in the gas and power value chain to address the gas supply challenge and increase output from the power generation companies.The federal government says it would take a decisive measure against the ministries, departments and agencies under it over their high indebtedness to the Gencos and distribution companies.Special Adviser to the President on Infrastructure and Secretary of the Power Sector Reform Working Group, Mr Ahmed Zakari, says discussions were ongoing to address the gas supply concerns. Zakari attributed the gas supply challenge to a lack of firm gas agreements backed with Power Purchase Agreements between some of the Gencos and their gas suppliers.
Podcast: Beyond The Meter (LS 25 · TOP 10% what is this?)Episode: The Home Depot Sustainability Approach, with Craig D'Arcy and Craig Noxon, Ep #4Pub date: 2019-10-11One of the high profile corporate renewable energy initiatives in the news recently has been the unveiling of Home Depot's sustainability goals. Home Depot is among the increasing number of corporations working to make renewables a significant part of their energy procurement strategy. But for Home Depot, this new direction is not fueled by a desire to become sustainable, it began because it makes financial sense. On this episode of Beyond The Meter, join host John Failla and his co-host Craig Noxon, Vice President for Enterprise Sales at REC Solar, a Duke Energy Renewables Company as they speak with Craig D'Arcy, Director of Energy Management for Home Depot. You'll learn how Home Depot started its journey toward the use of renewables, how early successes encouraged further efforts, and how both the financial and efficiency benefits of using renewable energy has motivated them to keep innovating. The Home Depot approach is a great example of how corporations can make use of renewables and increase the bottom line at the same time. Outline of This Episode [1:05] The background and role of each participant in regards to renewable energy [3:25] Home Depot's energy management strategy: key elements [5:41] The primary drivers for the Home Depot strategy [8:13] Comparing Home Depot's approach to the work other companies are taking [11:56] Technologies Home Depot has employed, renewable energy and otherwise [16:57] The role renewable energy plays for Home Depot [20:42] Which programs are most important to Home Depot (on-site or off-site)? [25:11] The challenge of getting stakeholders aligned toward renewable energy [27:50] Tips for those trying to get the attention of the C-suite for sustainability efforts [29:35] Advice about how to enlist the financial teams to help make the case [32:36] What's next for Home Depot's energy management strategy? [35:54] The challenges of energy providers in light of renewable energy innovation [40:36] Energy as a service concepts: Do they work for large companies? Home Depot's energy policy goals made renewables a viable option There are typically three drivers behind a corporation's consideration of renewables as an energy source. The first is cost, the second is the company's conscious sustainability goals, the third is increased resiliency. Craig D'Arcy says there is no doubt that all three play some role in Home Depot's approach, but the first attempts to roll out renewable energy projects were entirely focused on the financial benefits. Renewables simply made financial sense for increasing efficiency and bottom-line profitability. As early successes with renewable projects were achieved, they were able to investigate other options and expand their efforts toward sustainability. It's led to their sustainability story becoming public, which has driven internal excitement and created momentum for the renewables side of their energy procurement strategies. Listen to hear how Home Depot continues to consider all sorts of energy solutions, including any renewable sources that make sense for their broader goals. 3 critical elements of the Home Depot sustainability approach When thinking of the renewable energy movement, it's common to assume that those pushing for the use of renewables are only concerned about global issues of sustainability, but there's incredible motivation to implement renewable energy alternatives from a variety of standpoints. In the case of Home Depot, three primary concerns guide their energy decisions... 1 - Foremost, Home Depot views everything they do through caring for their stores so that associates and customers are served well 2 - Every energy sourcing project must make sense financially 3 - Leadership has passed down a mandate to be as innovative as possible to accomplish those first two, which makes their decision-making technology and structure agnostic Listen to hear how this plays out for Home Depot as Craig D'Arcy explains the fit renewable energy has in that three-pronged approach. Sustainability efforts are significant for Home Depot's future No company can survive if it is not profitable. Home Depot is no different, so it is no surprise to find out that from a financial standpoint, renewable energy is being leveraged to lower the net rates paid for energy throughout the company. But the benefits of renewable energy go far beyond that... Home Depot has become known as a sustainability brand, recently releasing its own science-based targets for its energy policy, which includes renewable energy as a significant part. And finally, renewable energy provides natural, beneficial hedges against volatile energy pricing in the markets. Power Purchase Agreements with energy providers enables this hedge and has proven to be a huge benefit to the company. Advice for convincing the C-suite to consider sustainability projects The C-suite of any company must be on board if a move toward sources of renewable energy is going to take place. Both Craig D'Arcy and Craig Noxon offer their advice for how to secure the buy-in of company executives. First, map out the process. Have a clear projection of how and why renewable energy sources will be investigated, selected, and implemented. Next, understand what the stakeholders care about and be sure your roadmap adequately addresses those concerns. In doing so, work hard to uncover potential landmines and head them off proactively. Finally, be sure you know how are you going to sell the upside of procuring energy from renewable sources. Bottom-line benefits for the company will be a significant and compelling consideration for anyone in the C-suite. Home Depot's sustainability efforts provide an excellent case study from which other corporations can take their cues - and this conversation provides keen insight into the why, how, and what of moving toward renewables as at least a portion of a profitable energy procurement strategy. Resources & People Mentioned Home Depot's Corporate Responsibility Goals Connect with Craig D'Arcy and Craig Noxon Craig D'Arcy on LinkedIn Craig Noxon on LinkedIn Connect With Beyond The Meter https://www.smartenergydecisions.com/podcasts/beyond-the-meter Subscribe to Beyond The Meter onApple Podcasts, Google Podcasts, Android, Spotify, Stitcher, TuneIn Radio, aCast, PlayerFM, iHeart RadioThe podcast and artwork embedded on this page are from Smart Energy Decisions, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.
Join Andrea Pryde and Karsten Ganssauge as they discuss the issues from last week's IFRS Interpretations Committee meeting, including the Targeted Long-term Refinancing Operations III transactions and an electricity retailer's accounting for a Power Purchase Agreements in a Gross Pool Electricity Market.
WebTalk zum #SID2021 Stadtwerke Innovators Day 2021 am 28. Januar 2021: Power Purchase Agreements so, dass Metti sie verstehtInformieren und anmelden unter https://digitale-stadtwerke.de/sid2021/
One of the hottest topics in recent years is the rise of Power Purchase Agreements to fund renewables projects in Europe. This month’s podcast dives into the rise of PPAs, the impacts of COVID-19 and the resulting outlook from the perspective of key players in renewables and European Power trading. Listen to find out how they see the future of PPAs in a post-COVID world, and how managing risk through markets is crucial for sustainable growth. This month’s panel includes: Viviana Ciancibello (EEX) – viviana.ciancibello@eex.comJorge Arenillas (Sonnedix) – jorge.arenillas@sonnedix.comJay Rustulka (Uniper) – jay.rustulka1@uniper.energyMichael Mervyn-Jones (EEX) – michael.mervyn-jones@eex.com See acast.com/privacy for privacy and opt-out information.
Auckland Property & NZX Stock Market Tips with MaximSherstobitov.NZ
Infratil owns renewable energy, transport, data and connectivity, and social infrastructure businesses in growth sectors. Both revenue and earnings per share (EPS) estimates were cut sharply as analysts factored in the latest outlook for the business, concluding that they were too optimistic previously. As outlined in the Infratil FY2020 full year results announcement on 29 May 2020, given ongoing uncertainty over the duration and impact of the COVID-19 pandemic, Infratil will not be providing FY2021 Group earnings or dividend guidance at this stage. This talk reviews Infratil with Tim Brown who is currently Chairman of partly owned Wellington Airport. You will learn how Infratil portfolio companies are navigating the challenges that come with COVID-19. PERFORMANCE: - Net surplus for the year from continuing operations of $508.8 million, compared to $64.4 million in the prior year - 13.5% growth in underlying EBITDAF reflected changes in the portfolio and a growing contribution from data and communications infrastructure; - Acquisition of 49.9% of Vodafone New Zealand completed on 31 July 2019 for $1.03 billion - Divestments and tightening of the portfolio are now substantially complete COVID-19's IMPACT: - Vodafone's roaming revenue has been adversely impacted, and these effects will likely continue while COVID-19 related travel restrictions remain in place - Infratil expects a slowdown in tax equity markets and corporate Power Purchase Agreements in FY2021 to impact the rate of new development at Longroad Energy - Trustpower's performance is likely to be impacted by a slowdown in demand for power and potential for lower average wholesale prices in FY2021 as well as the potential for lower cash collections from retail customers - Wellington Airport's performance is likely to be severely impacted by ongoing COVID-19 related travel restrictions and reduced passenger volumes If you want to participate in the future interviews then join https://www.nzshareholders.co.nz ✅ Learn other tips at https://www.MaximSherstobitov.NZ/
I denne podcast fra Kromann Reumert giver partnerne Maria Holst Levin og Jan Hvarre og advokatfuldmægtig Christopher Dalgas dig en introduktion til Corporate Power Purchase Agreements (CPPA'er). Interessen for CPPA'er er stigende i takt med, at virksomheder bliver mødt med stadigt øgede krav til grøn omstilling.I podcasten bliver du klogere på, hvad en CPPA er og hvilke typer CPPA'er, der findes. Du bliver klogere på de forskellige drivers bag CPPA'er, og hvilke overvejelser din virksomhed bør gøre sig, inden I kaster jer ud i det.
Head of Sales Trading, Fanos Shiamishis and Senior Business Development Manager, James Marsh look at market movements; why seasonal contract prices have dropped over the past three months; different types of Power Purchase Agreements; and how a flexible PPA could be the way for generators to maximise the value of their power.
More and more companies are making corporate sustainability pledges - and it’s a good thing. Corporations are some of the largest consumers of energy in the world. When these companies take steps to reduce their carbon footprint by procuring their energy from renewable sources, they have a significant impact on the overall environmental issues our world is facing. This conversation inspires hope because it illustrates how a communication industry giant is leading the way in the sustainability movement. That company is AT&T. Guests on this episode are Shannon Carroll, Director of Global Environmental Sustainability at AT&T, and Scott Macmurdo, Business Development Director at Duke Energy Renewables. Their companies recently partnered on a renewable energy project that illustrates the kind of steps that can and should be taken by companies large and small. You will enjoy this conversation. Outline of This Episode [1:01] The background of each guest in the sustainability arena [8:09] The role corporate sustainability goals have in driving asset sourcing [12:37] The involvement of the C-suite in sustainability pledges [17:18] Who are the main stakeholders in the AT&T pledge toward sustainability? [21:36] AT&T’s journey in renewable energy sourcing [27:26] The anatomy of a renewable energy purchase [34:40] The challenges that had to be overcome in the recent Duke / AT&T deal [40:15] What’s the future of renewable energy hold? The AT&T 10X Goal for environmental responsibility and sustainability When it comes to corporate sustainability pledges, AT&T has set the bar pretty high. Not only are they committed to lowering their own operational carbon footprint as much as possible they are also committed to enabling their customers to reduce their carbon footprint as well. That’s where the 10X Goal for Environmentally Responsibility and Sustainability comes in. The AT&T pledge is this: We’ve set a goal to enable carbon savings 10 times the footprint of our operations by 2025. We’re calling this our 10x Carbon Reduction Goal, or more simply, our “10x” Goal. To meet the goal, we’re making our network more efficient and we’re working with our customers to deploy technology that can help reduce GHG emissions, save water, and more. AT&T is also teaming up with companies to measure the GHG emissions reduction of specific products. The AT&T energy team worked with experienced third party consultants in the renewable energy space to come up with the strategy and then put it into place officially. Listen to this discussion to learn how they made it happen. The fastest and most significant way to reduce your company’s carbon footprint In recent years we’ve seen record rates of sustainability goals by corporations. Not coincidentally, we’ve also begun to see record levels of corporate renewable energy procurement. Simply put, companies are taking the initiative to sidestep traditional forms of carbon-based energy to use renewable energy instead. Undoubtedly, this is the best way to dramatically draw-down on a company's CO2 footprint in the least amount of time. As explained by the guests on this episode, there are a handful of things companies could do to be true to their commitment to corporate sustainability. Some of the solutions are: Moving toward energy efficiency The build-out of renewable energy sources of their own Changing gas-powered fleet vehicles to electric While good and needed steps, in most cases, these are not the way to create a significant change in a short amount of time. Then how are they doing it? Through large-scale renewable energy procurements. Think of it as the largest “ROE” - return on effort. Limited resources demand the biggest bang for the buck - which is accomplished through switching energy sourcing to large scale solar or wind projects. Goal alignment and good communication drive corporate sustainability efforts As the AT&T team began to make efforts to reduce the company’s CO2 footprint, many options were considered and tried. But by far, large scale Power Purchase Agreements became the fastest and best way to make a difference. The team researched what would best meet the needs of the company and best serve the customer and solicited the help of third parties from the renewable energy industry who could advise about best-practices. The key to aligning stakeholders was to stay focused on their common sustainability goals and to talk to all the teams involved: energy -supply chain - finance - C-suite - and on-the-ground managers. Their goal was to ensure that the projects being considered made sense across the board, while at the same time understanding and quantifying the risk openly. In the AT&T approach, the upside had to outweigh the risks. Trends that impact the future of corporate renewable energy sourcing Will more companies follow AT&T’s lead and develop renewable energy pledges of their own? It’s likely, for several reasons. FIRST - The cost of renewable energy is going down overall. This translates into better value for buyers, who in this case, would be corporations. SECOND - Customers are gaining a better understanding of the risks involved and are learning to mitigate those risks effectively by shifting it to developers. THIRD - Many new renewable energy companies are coming into the marketplace. The competition that is developing makes overcoming supply-chain hurdles and cost factors, less of an issue. You’ll be inspired by the commitment to corporate sustainability the AT&T goals represent and after listening, you’ll have a good idea of the challenges and benefits of developing a renewable energy plan of your own. Please listen! Resources & People Mentioned The AT&T 10X Goal The AT&T CSR page AT&T flexware product Emerson’s “Grind To Energy” AT&T’s climate change tool, developed with Argonne National Labs The “We Are Still In” Movement Science Based Goals RE100 Charlene Lake, AT&T Chief Sustainability Officer AT&T’s recent renewable power purchase deal with Duke Energy Renewables The Renewable Energy Production Tax Credit Walmart’s Project Gigaton Connect with Shannon and Scott Shannon Carroll on LinkedIn Scott Macmurdo on LinkedIn Connect With Beyond The Meter https://www.smartenergydecisions.com/podcasts/beyond-the-meter Subscribe to Beyond The Meter onApple Podcasts, Google Podcasts, Android, Spotify, Stitcher, TuneIn Radio, aCast, PlayerFM, iHeart Radio
One of the high profile corporate renewable energy initiatives in the news recently has been the unveiling of Home Depot’s sustainability goals. Home Depot is among the increasing number of corporations working to make renewables a significant part of their energy procurement strategy. But for Home Depot, this new direction is not fueled by a desire to become sustainable, it began because it makes financial sense. On this episode of Beyond The Meter, join host John Failla and his co-host Craig Noxon, Vice President for Enterprise Sales at REC Solar, a Duke Energy Renewables Company as they speak with Craig D’Arcy, Director of Energy Management for Home Depot. You’ll learn how Home Depot started its journey toward the use of renewables, how early successes encouraged further efforts, and how both the financial and efficiency benefits of using renewable energy has motivated them to keep innovating. The Home Depot approach is a great example of how corporations can make use of renewables and increase the bottom line at the same time. Outline of This Episode [1:05] The background and role of each participant in regards to renewable energy [3:25] Home Depot’s energy management strategy: key elements [5:41] The primary drivers for the Home Depot strategy [8:13] Comparing Home Depot’s approach to the work other companies are taking [11:56] Technologies Home Depot has employed, renewable energy and otherwise [16:57] The role renewable energy plays for Home Depot [20:42] Which programs are most important to Home Depot (on-site or off-site)? [25:11] The challenge of getting stakeholders aligned toward renewable energy [27:50] Tips for those trying to get the attention of the C-suite for sustainability efforts [29:35] Advice about how to enlist the financial teams to help make the case [32:36] What’s next for Home Depot’s energy management strategy? [35:54] The challenges of energy providers in light of renewable energy innovation [40:36] Energy as a service concepts: Do they work for large companies? Home Depot’s energy policy goals made renewables a viable option There are typically three drivers behind a corporation’s consideration of renewables as an energy source. The first is cost, the second is the company's conscious sustainability goals, the third is increased resiliency. Craig D’Arcy says there is no doubt that all three play some role in Home Depot’s approach, but the first attempts to roll out renewable energy projects were entirely focused on the financial benefits. Renewables simply made financial sense for increasing efficiency and bottom-line profitability. As early successes with renewable projects were achieved, they were able to investigate other options and expand their efforts toward sustainability. It's led to their sustainability story becoming public, which has driven internal excitement and created momentum for the renewables side of their energy procurement strategies. Listen to hear how Home Depot continues to consider all sorts of energy solutions, including any renewable sources that make sense for their broader goals. 3 critical elements of the Home Depot sustainability approach When thinking of the renewable energy movement, it’s common to assume that those pushing for the use of renewables are only concerned about global issues of sustainability, but there’s incredible motivation to implement renewable energy alternatives from a variety of standpoints. In the case of Home Depot, three primary concerns guide their energy decisions... 1 - Foremost, Home Depot views everything they do through caring for their stores so that associates and customers are served well 2 - Every energy sourcing project must make sense financially 3 - Leadership has passed down a mandate to be as innovative as possible to accomplish those first two, which makes their decision-making technology and structure agnostic Listen to hear how this plays out for Home Depot as Craig D’Arcy explains the fit renewable energy has in that three-pronged approach. Sustainability efforts are significant for Home Depot's future No company can survive if it is not profitable. Home Depot is no different, so it is no surprise to find out that from a financial standpoint, renewable energy is being leveraged to lower the net rates paid for energy throughout the company. But the benefits of renewable energy go far beyond that... Home Depot has become known as a sustainability brand, recently releasing its own science-based targets for its energy policy, which includes renewable energy as a significant part. And finally, renewable energy provides natural, beneficial hedges against volatile energy pricing in the markets. Power Purchase Agreements with energy providers enables this hedge and has proven to be a huge benefit to the company. Advice for convincing the C-suite to consider sustainability projects The C-suite of any company must be on board if a move toward sources of renewable energy is going to take place. Both Craig D’Arcy and Craig Noxon offer their advice for how to secure the buy-in of company executives. First, map out the process. Have a clear projection of how and why renewable energy sources will be investigated, selected, and implemented. Next, understand what the stakeholders care about and be sure your roadmap adequately addresses those concerns. In doing so, work hard to uncover potential landmines and head them off proactively. Finally, be sure you know how are you going to sell the upside of procuring energy from renewable sources. Bottom-line benefits for the company will be a significant and compelling consideration for anyone in the C-suite. Home Depot’s sustainability efforts provide an excellent case study from which other corporations can take their cues - and this conversation provides keen insight into the why, how, and what of moving toward renewables as at least a portion of a profitable energy procurement strategy. Resources & People Mentioned Home Depot’s Corporate Responsibility Goals Connect with Craig D’Arcy and Craig Noxon Craig D’Arcy on LinkedIn Craig Noxon on LinkedIn Connect With Beyond The Meter https://www.smartenergydecisions.com/podcasts/beyond-the-meter Subscribe to Beyond The Meter onApple Podcasts, Google Podcasts, Android, Spotify, Stitcher, TuneIn Radio, aCast, PlayerFM, iHeart Radio
Far from witnessing “doom and gloom” around climate change, two leaders in renewable energy at KPMG are working with corporations around the world to transfer from “brown energy” to green. The shift is starting with Corporate Power Purchase Agreements (CPPAs) whereby massive consumers of energy contract with renewable suppliers for direct access to green energy.... The post How Corporates are Going Green: The Rise of Renewable Power-Purchase Agreements appeared first on Privcap.
When considering both the future of the planet and the future of both industry and human thriving worldwide, the renewable energy outlook is of paramount importance. Renewable energy is of vital concern simply because cultures worldwide consume energy as part of everyday life. Renewable sources of energy are of such great importance for two main reasons: Renewable energy sources, by definition, never deplete Renewable energy options provide a way for humanity to step away from environmentally damaging fossil fuels This conversation is an exploration into the renewable energy outlook for the near future, led by Smart Energy Decisions founder, John Failla. John speaks with Chris Fallon, Vice President of Duke Energy Renewables and Kyle Harrison of Bloomberg NEE about the future of renewable energy through the lens of varied approaches and ideas. You’ll receive a broad overview of the current state of the renewable energy industry, hear the challenges being addressed currently, and gain an optimistic perspective relating to what can be done to make renewable energy more available and useful in the future. And keep reading below to see some of the specific topics addressed in this conversation. Outline of This Episode [2:20] Why a tangible commitment to sustainability goals is the first step for companies [5:15] What’s happening with companies regarding ESG investing and Green bonds? [9:18] The economics of renewable energy: a double-edged sword [13:18] Community Solar: the opportunities and challenges [16:38] The future of large scale virtual Power Purchase Agreements [22:22] Utility green tariff programs: what’s the future? [27:33] Retail supply products in the renewable energy outlook [30:56] Are there opportunities to integrate RE procurement with other initiatives? [33:00] What might accelerate or slow the growth of renewable energy? The renewable energy outlook relies heavily on companies Companies, both large and small, are by far some of the largest consumers of energy worldwide. That means if companies make a commitment to renewable energy use rather than traditional fossil fuel use, the renewable energy industry will take a giant step forward. As of 2018, 42% of companies have stated both renewable energy and greenhouse gas reduction goals. Today, just over 190 companies have set target dates by which they intend to offset 100% of their energy consumption with renewable energy. Those are promising facts, which will require aggressive emissions reduction steps - and buying clean energy is one of the best ways to do so. Listen to hear the stories of companies that are striving toward their renewable energy goals and to understand the challenges they face in doing so. The economics of renewable energy: a double-edged sword Two of the most obvious and in-demand sources of renewable energy are wind and solar. Costs have come down in both of those branches of the industry, which has made clean energy more attractive for corporate buyers. But though the low cost makes renewable energy very attractive, there are difficulties to be overcome. Kyle Harrison refers to this conundrum as a double-edged sword. Both wind and solar operate at zero marginal cost - which means that in some markets there is an over-saturation of renewable energy produced by solar or wind generation. When this happens, prices are depressed, which in turn decreases the profitability of the installations generating that power. When that’s the case, it makes signing energy procurement deals in those particular markets that work financially for both provider and consumer, difficult at best. In this conversation, you’ll also learn how some corporate customers are looking at renewable energy as a risk mitigation play - taking advantage of the tax incentives offered by the government for using renewables by trying to lock in the benefits of low rates for a longer period of time. The opportunity of community solar When we talk about “Community Solar” projects, we’re referring to local solar facilities that are shared by multiple community subscribers (companies in most cases.). Those subscribers receive credit on their electricity bills for their agreed-upon share of the power produced. It’s a model of solar production and usage that is being adopted nationwide. Companies that participate receive the flexibility of an on-site project under purchase or lease agreements. Not only does a subscriber company benefit by transferring some of their energy supply to renewable energy they also receive the benefit of having a good PR story to tell to the media and customers and shareholders. Unfortunately, Community Solar is not an effective way to meet the overall energy demands of most companies. Listen to hear why Community Solar is one of the fastest-growing segments within the solar market, why there is a great deal of interest in community solar, and how companies can participate in Community Solar projects in spite of the limitations of their own facilities. Retail supply products are promising, but present challenges of their own Both Kyle and Chris believe there is a great opportunity for an aggregator or integrator to look at the total energy supply and find ways to meet customer desires to become more green through providing renewable energy products on a retail basis. So far, these programs have not scaled up very rapidly because of the questions surrounding “additionality.” This simply means that companies are eager to contribute to renewable energy development that is truly new to the power grid, thus additional. In this conversation, you’ll learn more about how retail supply products could serve specific customers well, what the challenges are for companies who use this model, and how they are overcoming them. Resources & People Mentioned Ball Corporation NV Energy Dominion Energy The Green Source Advantage Duke Energy Carolinas Duke Energy Progress Constellation NRG Calpine Energy S K Hynix Connect with Kyle or Chris Kyle Harrison from Bloomberg NEF Chris Fallon, Vice President of Duke Energy Renewables Connect With Beyond The Meter https://www.smartenergydecisions.com/podcasts/beyond-the-meter Subscribe to Beyond The Meter onApple Podcasts, Google Podcasts, Android, Spotify, Stitcher, TuneIn Radio, aCast, PlayerFM, iHeart Radio
Copyright 2019 - The Energy Show, Barry Cinnamon PG&E's bankruptcy will have a dramatic effect on all electricity users in northern California — as well as utility investors, California taxpayers, and the solar industry in general. Moreover, the bankruptcy of one of the largest utilities in the country is a harbinger of the need to change the traditional utility business model. Not only are utilities experiencing competition from businesses and homeowners installing their own solar and storage systems (for less money), but utilities are also experiencing much greater than expected costs related to maintaining their transmission and distribution services. Devastating fires are more common, people are living in more fire-prone areas, our need for electricity is increasing … and this situation is likely to get worse. Although PG&E has been my biggest competitor for almost 20 years, they have established a reputation as the best (some would say “least bad) investor-owned solar utility in the country. Compared to almost all other utilities, PG&E has been ahead of the curve with solar, net metering, energy storage – influenced to a large degree by a far-sighted California Public Utilities Commission and state government. They are also staffed by committed and hard-working employees throughout their organization. Nevertheless, PG&E's financial problems raises substantial issues for solar and non-solar customers alike. Meeting the conflicting needs of taxpayers, electricity customers and investors is a daunting legal and political challenge. To help sort through these issues, my guest on this week's show is Angela Lipanovich, President and Founder of Estriatus Law. Among the topics we will cover include: - What happens in a corporate bankruptcy, and how did PG&E fare in their 2001 bankruptcy? - How do bonds taken out by PG&E affect electricity rates? - Would these bond repayments affect net metering reimbursements? - Would a bankruptcy judge force affected homeowners and businesses to accept less money for their losses? - What would be the electricity rate impact for every $10 billion in PG&E's liabilities? - A bankruptcy judge can renegotiate corporate debts – what affect could that have on PG&E's Power Purchase Agreements? - How must utilities change their tree trimming and maintenance practices to prevent future fires? - What is a practical long term solution to California's expensive electricity? To learn more about the implications of PG&E's bankruptcy, Listen Up to this week's Energy Show with Angela Lipanovich.
The Minister of Energy, Jeff Radebe has signed 27 Renewable Energy Independent Power Producer Projects. The projects will amount 55-point-92 billion rand. Last month, the National Union of Metalworkers of South Africa (Numsa) and Transform RSA lodged an urgent application for an order interdicting Eskom from concluding the twenty-seven IPP projects, including the Power Purchase Agreements with Eskom. Elvis Presslin spoke to NUMSA's National Spokesperson, Phakamile Hlubi- Majola, Minister of Energy, Jeff Radebe and Energy Analyst, Chris Yelland
Propagate Ventures, scaling up agroforestry to every farm Welcome Investing in Regenerative Agriculture, investing as if the planet mattered. Where I interview key players in the field of regenerative agriculture, people who are scaling up the sector by bringing in new money or scaling up the practises on the ground. Join our Gumroad community, discover the tiers and exclusive benefits here: https://gumroad.com/investinginregenag Other ways to support my work: - Share the podcast - Give a 5-star rating (if you podcast app allows it) - Or buy me a coffee… or a meal! www.Ko-fi.com/regenerativeagriculture I had a long and very interesting conversation with Ethan, Jeremy and Harry, the co-founders of Propagate ventures. Our conversation ranged from chestnuts to crowdfunding and how to get more impact investors into the agroforestry space. As you will hear, we suffered from a bad internet connection which resulted in a lower sound quality. Sorry for that! This is a side project for me and I’m not investing the resources yet to get the quality to a studio level. The reason to start Propagate: For most farmers putting their money in treecrops for a long term investment was too risky Why is Propagate working with companies? They can bring purchasing power and with purchase agreements lower the risk of planting trees. Similar how Power Purchase Agreements have changed the solar industry and got large institutional investors onboard: https://www.seia.org/research-resources/solar-power-purchase-agreements Example on how Propagate is working with a natural cosmetic company and their purchasing influence: Pre purchase agreements are key to allow to create some certainty for the farmers to put trees in the ground long term. https://www.propagate.org/research/2017/12/21/farm-to-shampoo-organic-apples-and-offsetting-carbon-emissions More about the cosmetics Oneka Schampoo company, going from carbon offsetting to carbon insetting. https://onekaelements.com/ So what about retail investors? Propagate is very interested in retail investors but feels it is too early to start catering to them, despite the huge interest from consumers to invest. They like Wunder solar, which isn’t for retail investors either but has lowered the barrier to enter significantly. https://www.wundercapital.com Chestnuts?! Why are they so interested in them? “like corn which grow on a tree!” Propagate explaining why Chestnuts are amazing: https://www.propagate.org/ag-environment/2017/2/13/there-used-to-be-4-billion-american-chestnut-trees-but-they-all-disappeared?rq=chestnuts https://www.propagate.org/research/chestnuts-chile?rq=chestnuts Other links we mentioned in the conversation: Interview with Les Szabo, head of constructive finance at Dr Bronners https://soundcloud.com/investinginregenerativeagriculture/interview-les-szabo www.farmlandlp.com www.blackdirtcapital.com Please hit the share button if you think this interview is relevant for someone you know! If you want to receive an email when I upload a new episode, subscribe here eepurl.com/cxU33P The above references an opinion and is for information and educational purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
The long-awaited renewable power purchase agreements with 27 independent power projects will be signed on Tuesday next week. Energy Minister Jeff Radebe made the announcement in Parliment YESTERDAY. The decision will feed more renewable energy into the national grid with the 27 projects expected to account for investment of about R56bn in the next two to three years. For their reaction to this new dawn in the country's power supply chain. We speak to Terrence Govender, Chairperson of the South African Renewable Energy Council.
Fine Music Radio — Are the Winds of Change blowing? Despite the Trump-driven melodramatic pull-out of the United States, the Paris Climate Agreement talks are continuing with a new round – COP 23 – in the city of Bonn this week. And the message is always the same – CO2 levels are increasing and more has to be done. And the urgency has ticked up lately, with the latest figures showing a sudden surge, mainly because China has been increasing coal-fired generation to offset less hydro-power as a result of a drought. The last year has seen 36-thousand-million tonnes of CO2 emitted from human activities, up considerably from 2014 – 2015. Coincidentally, or perhaps not so coincidentally, the South African Wind Energy Association, SAWEA, has been having a big wind indaba here in Cape Town, called – no surprise – Windaba. We have 6 000 MegaWatts of procured wind power, and development is on track. 19 wind farms are in operation, and over 100-thousand jobs have been created. But hanging over all the positive news is the worry about delayed government Power Purchase Agreements, PPA’s which has plagued the industry over the past two years. There’s a suspicion on the part of suspicious persons, that power politics is the cause – excuse the pun. Certain interested parties want to push for the Nuclear power agreement, so the delay helps them, it’s argued. Let’s not go there. It’s complicated. I did visit the Windaba expo in Cape Town this week, and it was obvious that there were fewer exhibitors. But the wind energy businesses remain optimistic – they know they’re on the right side of history. You might think that once the turbine is built and the blades start rotating, that’s it. Free energy from the wind, walk away. Not that simple – there’s always maintenance and servicing. And to keep the wheels turning smoothly – oil and grease. And not just any oil. I spoke to Ronald Marshall of KLUBER LUBRICATION, who have developed special lubricants for the taxing requirements of wind po
Security and sustainability scholar Wes Herche returns to Future Out Loud to talk with Andrew Maynard and Heather Ross about energy transitions and photovoltaic technology. Show Notes • Wes Herche at ASU: https://schoolofsustainability.asu.edu/person/wesley-herche/ • Follow Wes Herche on Twitter @WesHerche. • Read Dr. Hersche's Dissertation “Policy, Geospatial, and Market Factors in Solar Energy: a Gestalt Approach”: https://repository.asu.edu/items/45038 • Power Purchase Agreements: https://www.epa.gov/greenpower/solar-power-purchase-agreements
South Arican Renewable Energy Council says it is concerned that the deadline for financial closure of outstanding Power Purchase Agreements has not been met. The signing was postponed today after Energy Minister Mmamoloko Kubayi moved the deadline that was set by the former energy minister, Tina Joemat-Pettersson. The renewable energy industry has accused Eskom of dragging its feet on the conclusion of power purchase agreements with 37 Independent Power Producers. Tsepiso Makwetla speaks to South Arican Renewable Energy Council Brenda Martin
There are two stories from Alberta that illustrate the unintended consequences of utilities trying to beat the returns available from full regulation. One is the story of the phase-out of coal-fired generation. The other is the story of the treatment of regulatory assets that are not used and useful. In both cases, utilities have sought to get better than normal returns but are now paying the price for the chain of events they set in motion. Starting with the story of the coal-fired generators, the previously fully integrated electricity companies in Alberta were about 50/50 on deregulation when it was being rolled out as a policy. A compromise was reached that would allow the previously regulated plants to continue to be paid as if they were fully regulated through Power Purchase Agreements established by the Government. Since that timid beginning, all the companies have come around wanting to make more out of their assets than the previous regulatory model would allow. Arguable, they are big on the upside, but they sure don't seem to like the downside of being outside of the regulatory system. The speaker will articulate what may have motivated this complicated web of electricity (de) regulation and what can be done about it going forward. Speaker: David Gray David Gray is a dedicated consumer advocate, and has been for many years prior to starting Gray Energy Economics Inc. David has had experience as the senior economist for a utility company, as a senior analyst for the Alberta Energy and Utilities Board and as the senior executive of the Alberta Office of the Utilities Consumer Advocate. David's experience as an executive was continued as President of an innovative company developing energy recapture technology for oilfield applications and his passion for understanding every aspect of regulated and deregulated energy markets has led him to the forefront of the energy industry. David aims to give his customers more control over their energy usage and costs than most realize. The mission of his current company is to ensure that neither a dollar nor a kilowatt hour is wasted by its customers. Moderator: Larry Elford Date: Thursday, February 23, 2017 Time: Noon - 1:30 PM (30 minutes each for presentation, lunch and Q & A) Location: Country Kitchen Catering (lower level of The Keg) 1715 Mayor Magrath Dr. S Cost: $12.00 (includes lunch) or $2.00 (includes coffee/tea)
There are two stories from Alberta that illustrate the unintended consequences of utilities trying to beat the returns available from full regulation. One is the story of the phase-out of coal-fired generation. The other is the story of the treatment of regulatory assets that are not used and useful. In both cases, utilities have sought to get better than normal returns but are now paying the price for the chain of events they set in motion. Starting with the story of the coal-fired generators, the previously fully integrated electricity companies in Alberta were about 50/50 on deregulation when it was being rolled out as a policy. A compromise was reached that would allow the previously regulated plants to continue to be paid as if they were fully regulated through Power Purchase Agreements established by the Government. Since that timid beginning, all the companies have come around wanting to make more out of their assets than the previous regulatory model would allow. Arguable, they are big on the upside, but they sure don't seem to like the downside of being outside of the regulatory system. The speaker will articulate what may have motivated this complicated web of electricity (de) regulation and what can be done about it going forward. Speaker: David Gray David Gray is a dedicated consumer advocate, and has been for many years prior to starting Gray Energy Economics Inc. David has had experience as the senior economist for a utility company, as a senior analyst for the Alberta Energy and Utilities Board and as the senior executive of the Alberta Office of the Utilities Consumer Advocate. David's experience as an executive was continued as President of an innovative company developing energy recapture technology for oilfield applications and his passion for understanding every aspect of regulated and deregulated energy markets has led him to the forefront of the energy industry. David aims to give his customers more control over their energy usage and costs than most realize. The mission of his current company is to ensure that neither a dollar nor a kilowatt hour is wasted by its customers. Moderator: Larry Elford Date: Thursday, February 23, 2017 Time: Noon - 1:30 PM (30 minutes each for presentation, lunch and Q & A) Location: Country Kitchen Catering (lower level of The Keg) 1715 Mayor Magrath Dr. S Cost: $12.00 (includes lunch) or $2.00 (includes coffee/tea)
There are two stories from Alberta that illustrate the unintended consequences of utilities trying to beat the returns available from full regulation. One is the story of the phase-out of coal-fired generation. The other is the story of the treatment of regulatory assets that are not used and useful. In both cases, utilities have sought to get better than normal returns but are now paying the price for the chain of events they set in motion. Starting with the story of the coal-fired generators, the previously fully integrated electricity companies in Alberta were about 50/50 on deregulation when it was being rolled out as a policy. A compromise was reached that would allow the previously regulated plants to continue to be paid as if they were fully regulated through Power Purchase Agreements established by the Government. Since that timid beginning, all the companies have come around wanting to make more out of their assets than the previous regulatory model would allow. Arguable, they are big on the upside, but they sure don't seem to like the downside of being outside of the regulatory system. The speaker will articulate what may have motivated this complicated web of electricity (de) regulation and what can be done about it going forward. Speaker: David Gray David Gray is a dedicated consumer advocate, and has been for many years prior to starting Gray Energy Economics Inc. David has had experience as the senior economist for a utility company, as a senior analyst for the Alberta Energy and Utilities Board and as the senior executive of the Alberta Office of the Utilities Consumer Advocate. David's experience as an executive was continued as President of an innovative company developing energy recapture technology for oilfield applications and his passion for understanding every aspect of regulated and deregulated energy markets has led him to the forefront of the energy industry. David aims to give his customers more control over their energy usage and costs than most realize. The mission of his current company is to ensure that neither a dollar nor a kilowatt hour is wasted by its customers. Moderator: Larry Elford Date: Thursday, February 23, 2017 Time: Noon - 1:30 PM (30 minutes each for presentation, lunch and Q & A) Location: Country Kitchen Catering (lower level of The Keg) 1715 Mayor Magrath Dr. S Cost: $12.00 (includes lunch) or $2.00 (includes coffee/tea)
There are two stories from Alberta that illustrate the unintended consequences of utilities trying to beat the returns available from full regulation. One is the story of the phase-out of coal-fired generation. The other is the story of the treatment of regulatory assets that are not used and useful. In both cases, utilities have sought to get better than normal returns but are now paying the price for the chain of events they set in motion. Starting with the story of the coal-fired generators, the previously fully integrated electricity companies in Alberta were about 50/50 on deregulation when it was being rolled out as a policy. A compromise was reached that would allow the previously regulated plants to continue to be paid as if they were fully regulated through Power Purchase Agreements established by the Government. Since that timid beginning, all the companies have come around wanting to make more out of their assets than the previous regulatory model would allow. Arguable, they are big on the upside, but they sure don't seem to like the downside of being outside of the regulatory system. The speaker will articulate what may have motivated this complicated web of electricity (de) regulation and what can be done about it going forward. Speaker: David Gray David Gray is a dedicated consumer advocate, and has been for many years prior to starting Gray Energy Economics Inc. David has had experience as the senior economist for a utility company, as a senior analyst for the Alberta Energy and Utilities Board and as the senior executive of the Alberta Office of the Utilities Consumer Advocate. David's experience as an executive was continued as President of an innovative company developing energy recapture technology for oilfield applications and his passion for understanding every aspect of regulated and deregulated energy markets has led him to the forefront of the energy industry. David aims to give his customers more control over their energy usage and costs than most realize. The mission of his current company is to ensure that neither a dollar nor a kilowatt hour is wasted by its customers. Moderator: Larry Elford Date: Thursday, February 23, 2017 Time: Noon - 1:30 PM (30 minutes each for presentation, lunch and Q & A) Location: Country Kitchen Catering (lower level of The Keg) 1715 Mayor Magrath Dr. S Cost: $12.00 (includes lunch) or $2.00 (includes coffee/tea)
THE INNOVATION: Creating simple long-term financing options called "Power Purchase Agreements" which allow industrial electricity users to enjoy the benefits of renewable energy without up-front costs. Dirk MichelsPartner K&L Gates http://www.klgates.com Check out www.innovatingsmart.org for the full story...