Corporations purchased 13.4 gigawatts of clean power through long-term contracts, more than doubling 2017's total, helped by demand from new industries and previously untrodden markets
With Outlook, you can quickly connect and share files with the people and groups that matter most. Simplify your life with tools that help you take control of your email and schedule. Find important information fast so you can make decisions even faster. The World Energy Outlook (WEO) is the gold standard of long-term energy analysis.The 2018 edition provides updated analysis to show what the latest data, technology trends and policy announcements might mean for the energy sector to 2040. Export purchase orders from financial software without Microsoft Outlook integration using spreadsheet or word format if possible. If this is not possible, print the completed purchase order as a PDF document and save that to your computer.
New York and London, January 29, 2018 – Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2018, shattering the previous record set in 2017. Highlights included a wave of smaller corporate energy buyers aggregating their purchases, and the first corporate clean energy power purchase agreements in markets such as Poland.
BloombergNEF (BNEF) finds in its 1H 2019Corporate Energy Market Outlook, published today, that some 13.4GW of clean energy contracts were signed by 121 corporations in 21 different countries in 2018. This was up from 6.1GW in 2017, and positions companies alongside utilities as the biggest buyers of clean energy globally.
Jonas Rooze, head of corporate sustainability for BNEF, said: 'Corporations have signed contracts to purchase over 32GW of clean power since 2008, an amount comparable to the generation capacity of the Netherlands, with 86% of this activity coming since 2015 and more than 40% in 2018 alone.'
More than 60% of the global activity in 2018 occurred in the U.S., where companies signed PPAs to purchase 8.5GW of clean energy, nearly triple the amount signed in 2017. Facebook spearheaded a contingent of experienced U.S. corporate energy buyers, purchasing over 2.6GW of renewables globally in 2018, primarily with utilities in regulated U.S. markets through programs known as green tariffs. This was three times that of the next biggest corporate energy buyer, AT&T.
ExxonMobil became the first oil major to sign a clean energy PPA for its own operations, purchasing 575MW of solar and wind in Texas. Mexico and Brazil also saw growth in corporate procurement, rounding out the 9.1GW of clean energy purchased by companies in the Americas region in 2018.
In the U.S. a major feature was the emergence of smaller, first-time corporate clean energy buyers. In 2018, some 34 new companies signed their first clean energy PPAs, making up 31% of total activity in the U.S. These firms are aggregating their electricity demand to reap the economies of scale from larger solar and wind projects. In many cases, they benefit from partnering with a bigger, more experienced buyer – known as an anchor tenant – who can offer a stronger balance sheet and expertise on accounting and legal nuances when signing a PPA.
Kyle Harrison, a corporate sustainability analyst for BNEF and lead author of the report, said: 'The aggregation model has heralded in a new generation of corporate clean energy buyers. These companies no longer need to tackle the complexities of clean energy procurement alone. They can share risks associated with credit and energy market volatility with their peers.'
Starcraft 2 release. In the Europe, Middle East and Africa (EMEA) region, corporations also purchased record volumes of clean energy, inking deals for 2.3GW and doubling the 1.1GW signed in 2017. The Nordics were once again the hot spot for activity, with companies attracted to strong wind resources and credit support from government bodies. Aluminium producers Norsk Hydro and Alcoa Corp purchased the most clean energy in Europe in 2018, but the region also saw activity from multinational technology companies such as Facebook, Amazon and Alphabet subsidiary Google.
Several European countries that saw little or no corporate procurement activity in 2017 enjoyed a rise in interest in 2018. Companies signed PPAs for the first time in Poland, and just the second time in Denmark and Finland. There were also new deals signed in the U.K., following a lull after the expiration of a national subsidy program. Several requests for proposals and changes in policy suggest burgeoning new markets in Germany and France as well.
In the Asia-Pacific (APAC) region, still a nascent market for corporate procurement, companies signed a record 2GW of clean energy PPAs, more than the previous two years combined. Nearly all of this activity occurred in India and Australia, with roughly 1.3GW and 0.7GW of clean energy purchased, respectively. Both markets allow companies to buy clean energy at a large scale through offsite PPAs, making them rarities for the region.
Demand still far outstrips supply in the rest of APAC, although recent changes in several markets suggests a major spike in activity is on the horizon. Offsite corporate PPA mechanisms are now available in nine provinces in China, and the imminent passing of a renewable portfolio standard will give over 30,000 large commercial and industrial companies renewable electricity targets. In Japan, the country's third non-fossil certificate auction saw corporations purchase 21TWh, tripling the combined activity in the first two auctions. Thirteen companies in Japan have also established 100 renewable electricity targets, more than the rest of APAC combined.
The healthiest signal of continued growth in the global corporate procurement space is the growing alliance of companies establishing clean energy and sustainability commitments. One such campaign, known as the RE100 – consisting of nearly 160 signatories at the end of 2018 that have established 100% renewable electricity targets – has companies domiciled in 23 different markets. Cumulatively, these companies consumed an estimated 189TWh of electricity in 2017, equivalent to Egypt's electricity consumption.
BNEF estimates these companies will need to purchase an additional 190TWh of clean electricity in 2030 to meet their RE100 targets. Should this shortfall be met with offsite solar and wind PPAs, it would catalyse an estimated 102GW of new solar and wind build globally, greater than the size of the U.K.'s power generation fleet in 2017 (see Figure 2 below).
Rooze said: 'For companies that think seriously about sustainable growth, establishing clean energy and decarbonization targets lines up naturally with overall corporate strategies. At the same time, these initiatives have created an entire new universe of opportunity for utilities, clean energy developers and investors.'
BNEF updates its data on corporate procurement each month and publishes a market outlook on corporate energy strategy bi-annually.
Purchase Outlook 2018 Email
Contact
Veronika Henze
BloombergNEF
+1-646-324-1596
vhenze@bloomberg.net
About BloombergNEF
BloombergNEF (BNEF), Bloomberg's primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.
Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg's global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
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The easy secret smart businesses use to avoid paying Microsoft a monthly fee for Outlook, Word, Excel and Powerpoint.
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Microsoft Office has achieved rare dominance in the professional world. A businessperson's standing with customers requires presentations in PowerPoint and documents in Word. However, like Comcast, Microsoft products are not dramatically different than ten or twenty years ago. Bold and Underline is the same. Outlook contacts have not gained any more usefulness. Task priorities still do not handle Franklin Covey techniques. So why does Microsoft think you need to pay $12.50 per month for something you can buy outright for $229?
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Moore's law ensures that technology becomes cheaper, faster, bigger and less expensive. The only rising cost I have is personnel and benefits which rise with the growth of the economy. If the features you need for Microsoft Office and Microsoft Windows is inherently the same, then it should be optional for you to pay for Microsoft's expensive service model, not a requirement. Facebook chat gratis.
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CompanionLink® Software, Inc. is a pioneering developer of data synchronization solutions for mobile phones and CRM software and services. They also develop a DejaOffice® for Outlook® App which runs on Android™, iPhone®, iPad®, Windows Phone®, and BlackBerry® devices. For 30 years, CompanionLink has helped mobilize information across devices, computers, applications, and web-based services. For more information, please visit www.companionlink.com and www.dejaoffice.com. Can t erase disk utility.
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Demand still far outstrips supply in the rest of APAC, although recent changes in several markets suggests a major spike in activity is on the horizon. Offsite corporate PPA mechanisms are now available in nine provinces in China, and the imminent passing of a renewable portfolio standard will give over 30,000 large commercial and industrial companies renewable electricity targets. In Japan, the country's third non-fossil certificate auction saw corporations purchase 21TWh, tripling the combined activity in the first two auctions. Thirteen companies in Japan have also established 100 renewable electricity targets, more than the rest of APAC combined.
The healthiest signal of continued growth in the global corporate procurement space is the growing alliance of companies establishing clean energy and sustainability commitments. One such campaign, known as the RE100 – consisting of nearly 160 signatories at the end of 2018 that have established 100% renewable electricity targets – has companies domiciled in 23 different markets. Cumulatively, these companies consumed an estimated 189TWh of electricity in 2017, equivalent to Egypt's electricity consumption.
BNEF estimates these companies will need to purchase an additional 190TWh of clean electricity in 2030 to meet their RE100 targets. Should this shortfall be met with offsite solar and wind PPAs, it would catalyse an estimated 102GW of new solar and wind build globally, greater than the size of the U.K.'s power generation fleet in 2017 (see Figure 2 below).
Rooze said: 'For companies that think seriously about sustainable growth, establishing clean energy and decarbonization targets lines up naturally with overall corporate strategies. At the same time, these initiatives have created an entire new universe of opportunity for utilities, clean energy developers and investors.'
BNEF updates its data on corporate procurement each month and publishes a market outlook on corporate energy strategy bi-annually.
Purchase Outlook 2018 Email
Contact
Veronika Henze
BloombergNEF
+1-646-324-1596
vhenze@bloomberg.net
About BloombergNEF
BloombergNEF (BNEF), Bloomberg's primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.
Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg's global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
Sign up for our free weekly newsletter →
The easy secret smart businesses use to avoid paying Microsoft a monthly fee for Outlook, Word, Excel and Powerpoint.
Outlook Email Purchase
Portland, Ore – Kudos for Microsoft in keeping the ability to purchase Microsoft Office outright. Clearly their company focus is on driving subscription revenue. They are not the only company to do this. But it is a double-edged sword. While it may make shareholders happy to see increasing revenue, it also puts the onus on Microsoft to introduce features and services that have value to business people.
Microsoft Office has achieved rare dominance in the professional world. A businessperson's standing with customers requires presentations in PowerPoint and documents in Word. However, like Comcast, Microsoft products are not dramatically different than ten or twenty years ago. Bold and Underline is the same. Outlook contacts have not gained any more usefulness. Task priorities still do not handle Franklin Covey techniques. So why does Microsoft think you need to pay $12.50 per month for something you can buy outright for $229?
I have owned a business for 31 years, or as I commonly say, 'through four of the last three recessions.' I pay hard costs when the economy is good and run lean during the downturns. I buy furniture, equipment and software that lasts, and then milk it when I need. Half the battle of staying in business is to survive the unexpected; the snowstorm that closed our office for two weeks, the 9/11 shutdown of all domestic aviation, the unexpected lawsuit and the IRS audit. Surviving the unexpected means when business veers to idle, our monthly operating cost drops closer to zero. You cannot do that if you are paying a monthly fee to a vendor that is not providing significant ROI.
Moore's law ensures that technology becomes cheaper, faster, bigger and less expensive. The only rising cost I have is personnel and benefits which rise with the growth of the economy. If the features you need for Microsoft Office and Microsoft Windows is inherently the same, then it should be optional for you to pay for Microsoft's expensive service model, not a requirement. Facebook chat gratis.
CompanionLink has published a guide for people who want to 'cut the cord' and free themselves from Microsoft's subscription model. The guide covers how to capture your data locally, how to set up local email, and how to purchase a one-time license to the appropriate Microsoft Office version.
You can read our guide here.
About CompanionLink Software
CompanionLink® Software, Inc. is a pioneering developer of data synchronization solutions for mobile phones and CRM software and services. They also develop a DejaOffice® for Outlook® App which runs on Android™, iPhone®, iPad®, Windows Phone®, and BlackBerry® devices. For 30 years, CompanionLink has helped mobilize information across devices, computers, applications, and web-based services. For more information, please visit www.companionlink.com and www.dejaoffice.com. Can t erase disk utility.
CompanionLink, DejaOffice and DejaCloud are registered trademarks of CompanionLink Software, Inc. Other product names are trademarks or registered trademarks of their respective owners.
CompanionLink for Outlook