When it comes to renewable energy, corporate buyers are increasingly interested in procuring more of it. In fact, a recent study found that nearly two-thirds of large companies are interested in increasing their use of renewable energy.
There are a number of reasons why corporate buyers are interested in renewable energy. First, it can help them reduce their carbon footprints and meet sustainability goals. Second, renewable energy is becoming increasingly cost-competitive with traditional forms of energy. And third, procuring renewable energy can help companies hedge against future price hikes for fossil fuels.
If your company is interested in procuring more renewable energy, there are a number of options available. One option is to purchase renewable energy credits (RECs), which represent the environmental attributes of a certain amount of renewable energy. Another option is to sign a power purchase agreement (PPA) with a renewable energy developer, which allows your company to buy electricity directly from a renewable energy project.
Whatever route you decide to go, it’s important to work with a reputable renewable energy provider that can help you navigate the complexities of the market and find the right solution for your company.
Other related questions:
Q: Is the largest corporate purchaser of renewable energy?
A: There is no one largest corporate purchaser of renewable energy, as companies vary greatly in their energy needs and preferences. Some of the largest purchasers of renewable energy include Google, Walmart, and Apple.
Q: Who is the target market for renewable energy?
A: The target market for renewable energy is individuals and businesses that are interested in reducing their reliance on fossil fuels and promoting sustainable energy production.
Q: Why do companies buy renewable energy?
A: There are a variety of reasons why companies choose to buy renewable energy. For some, it is a way to reduce their environmental impact and support sustainable development. For others, it is a way to hedge against future energy price increases. And for some, it is simply a matter of good business sense.
Q: Do consumers want renewable energy?
A: There is no simple answer to this question as different people have different opinions on renewable energy. Some people may feel that renewable energy is important in order to protect the environment, while others may be more concerned with the cost savings associated with using renewable energy sources.