At-A-Glance:
Nearly 200 corporations have signed a global commitment to utilize 100% renewable energy. A joint report from Wood Mackenzie and the American Wind Energy Association (AWEA) shows it’s more than an altruistic commitment to combating climate change – it’s an economic play, as well.
Key Takeaways:
- Wood Mackenzie report says corporate renewables have only scratched the surface
- Fortune 1000 companies could install 85GW of clean energy in the next decade
- “We view commercial and industrial demand as a centerpiece of our market outlook moving forward.”
Path To 100% Perspective:
Major corporations are demanding utility-scale renewables as their electricity source – and as prices drop, these major businesses are leveraging every fiscal advantage they can to make renewables work for their bottom line. The economic move to demanding renewables is one example of how businesses may help execute a path to 100%. Read the article on Greentech Media under “Sizing up the corporate renewables market.”