The impending closure of the Diablo Canyon nuclear power plan marks the end of a chapter for energy in California. PG&E has renounced plans to renew contract’s on the facility’s two reactors. Which will expire in 2024 and 2025 respectively. In the meantime, California will need to get its renewable contracts in place, so we don’t run into a power shortage when the time comes.
So, maybe your organization isn’t making the kind of sweeping pledges we’ve seen in the news as of late to reduce emissions, save the planet and cut energy costs all at the same time. More corporations from Google and Facebook to Macy’s, Walmart and Costco are getting into the clean energy game, integrating corporate social responsibility (CSR) into existing business strategies, as reliance on fossil fuel becomes increasingly unattractive for large swathes of the population.
Back in February, the US Supreme Court halted the implementation of the EPA’s Clean Power Plan (CPP), setting a June 2nd court date for the DC Circuit Court to hear oral arguments. Despite the minor setback, the agency stated they would still help states reach compliance targets for lowering carbon emissions whether or not the stay remained in effect.
On the heels of the Paris Agreement, energy ministers and the world’s largest companies adopted major commitments to scale global deployment of clean energy. The June 2nd 7th Clean Energy Ministerial (CEM7) meeting in San Francisco, gathered top energy leaders together to unveil a new campaign, aimed at increasing the number of companies
Amazon Web Services (AWS), Amazon.com’s cloud computing division, has signed a first-of-its-kind agreement with its retail electric utility, Dominion Virginia Power (DVP). Recently, RMI met with members of AWS to better
Solar is in the midst of a big moment, enough so to say that it’s much more than a passing trend. Corporations across all industries and nations are entering the space at unprecedented rates, and we’re even starting to see unlikely players—Shell or Walmart, for example getting into the mix, so as to not get left behind.
Corporate renewable initiatives are dominating in the wake of the Paris Agreement, growing concerns over worsening environmental conditions and a change in societal expectations that go hand in hand with today’s level of expected transparency. No longer can big corporations easily get away with exploiting low wage workers, cutting
As we inch closer to the brink of disaster, companies are under increased pressure to cut emissions exponentially. With the Paris Climate Talks behind us, dire predictions of impending disaster are no longer interpreted as fear mongering, but a reality we may come face to face with sooner than expected.
This blog is the first in a four-part series on mitigating risk through your power purchase agreement (PPA) procurement process. Each blog in the series will focus on a different risk: market risk (cost of energy), operational risk, execution risk, and reputational risk.
Energy price risk affects all businesses. Across every sector, organizations