companies going for 100% renewables in europe · okura hotel, amsterdam target audience (over 700...

Companies going for 100% renewables in Europe

Sonia Dunlop, Senior Policy Adviser, SolarPower Europe/RE-Source Platform

The RE-Source PlatformThe European alliance for corporate renewable energy sourcing

3

SolarPower Europe: representing the PV value chain

Modules, wafers & cells

Raw materials

BOS

Building integrated PV

Operations & maintenance

Developers & EPCs

Inverters

Storage

Financiers

Utilities

Digitalisation

National associations

Wind Europe members

Wind turbine manufacturers

Power utilities

Wind farm developers

Financial & legal services

Component manufacturers

Research institutes

Installation / logistics

e.g.

e.g.

e.g.

e.g.

e.g.

e.g.

e.g.

400+ members

and national wind associations

5

World Business

Council for Sustainable

Development

Our mission is to accelerate the

transition to a sustainable world by

making more sustainable business

more successful.

Our vision is to create a world where

more than nine billion people are all

living well and within the boundaries

of our planet, by 2050.

GLOBAL

MARKET-DRIVENCEOs

UNIQUE BUSINESSPLATFORM

World Business Council on Sustainable Development200 forward thinking businesses working together to accelerate the transition to a sustainable world.

Steering Committee

RE-Source Platform objectives

1.Influence EU and national renewable energy and energy market legislatiaon to advance corporate sourcing

2. Raise awareness and educate all stakeholders on the advantages of corporate sourcing renewable energy.

3. Provide business opportunities: connecting corporate renewable energy buyers and sellers

“Move from 100 buyers to 100.000”

Opportunity

Corporate PPAs by year

* Cross border PPAs

1.9GW of renewable corporate PPAs signed

in Europe in 2018

Share of wind and

solar

Wind energy accounts for 85% of

corporate PPAs in Europe to date

Corporate PPAs by country

Source: SolarPower Europe analysis.

On-site solar corporate sourcing

Corporate PPAs by industryMajority of capacity signed to date by heavy industry and ICT

Which companies?

Duration and capacity trends

• Capacity and duration of PPA contracts increasing

• Recently seen a 29 year corporate PPA signed, the longest so far

Source: Bloomberg New Energy Finance, Bloomberg Terminal, The Climate Group Note: Certificates includes utility contracts and unbundled guarantees of origin. Certificates assumed to step down 10% each year, while contracted solar, wind and onsite generation remain steady through 2030.

Europe-domiciled RE100 supply-demand fundamentals

6 12 18 25 30 35 40 46 51 55 59 62 66 70

0

20

40

60

80

100

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

TWh

Wind (contracted) Solar (contracted) Certificate purchases

Onsite generation Renewable shortfall Electricity demand

Renewable electricity demand

Official data partner:

Source: Bloomberg New Energy Finance Note: APAC capacity is estimated. Pre-market reform Mexico PPAs excluded. Figures are subject to change and may be updated as more information is made available.

Global PPA market

0.61.5

3.42.4

3.2

5.6

0.8

1.1

1.1

1.9

0.6

1.3

1.3

0.2 0.3 0.1 0.3 0.31.0

2.2

4.64.2

5.6

8.7

0

4

8

12

16

20

24

28

32

36

0

1

2

3

4

5

6

7

8

9

2008 2009 10 11 12 13 14 15 16 17 18

YTD

Annual volume (GW)

AMER EMEA APAC Cumulative

Cumulative volume (GW)

Official data partner:

Outreach to buyer groups

The business models

The 14 models...

Self-owned on-site

1

Leasing

2

On-site PPA

3

Private wire PPA

4

Self-owned off-site

5

Sleeved PPA

6

Virtual PPA

7

Mini-utilityPPA

8

Multi-buyerPPA

9

AggregationPPA

10

Proxy revenue

swap

11

Cross-border PPA

12

Green electricity

supply

13

Guarantees of Origin

14

...take your pick!

Decision tree

Unbundled/Bundled GOs

On-site/near-site/off-site

Self-owned/Third party owned

Physical/VirtualSingle country/cross

border

Report on 14 business models to be published soon

Template corporate PPA contract

Policy

Declaration

Market design policy issues

Country/model matrix

Policybarriers

Private wires

Rules on one company having multiple electricity suppliers

Allocation of cross-border transmission capacity over the long-term

Advocacy

Case studies

15 year wind PPA:

Scottish wind farm - 100 GWh per year

One of four wind farms now powering BToperations

100% renewable in the UK since 2012

Five year solar PPA:

French utility selling power toAustrian industrial company for theirItalian brick manufacturing plant

Dutch wind consortium:

Aggregation of corporate renewables buyers

Two long-term wind PPAs – 102 MW and 34 MW

On-site generation:

Generates more energy than itconsumes in Portugal

12,000 solar modules on therooftops of four of the stores

50 MW wind farm

Globally in 2017: 73% of energyconsumed was renewable =400 wind turbines and 750,000solar panels

RE-Source event

1-3 October 2019Okura Hotel, Amsterdam

Target audience (over 700 participants expected):- Multinational corporations- Renewable energy developers- Senior decision-makers - Advisors, investors and service providers

Objectives:- Raise awareness- Exchange information- Facilitate connections & business opportunities

More information: resource-event.eu

Win –Win –Win

THANK YOU

Sonia Dunlop

Senior Policy Adviser

s.dunlop@solarpowereurope.org