PPAs Drive Energy Transition All Around the World

Wind Industry Profile of

IRENA study shows world market for corporate sourcing of renewable electricity reached 465 terawatt hours in 2017 – enough to power a country the size of France

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns. Corporate Sourcing of... ... More: Official Press Release IRENA

Keywords:

IRENA, study, report, corporate, renewabloe energy, PPA