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Large Corporations Leading the Way in Purchasing Wind Power in the U.S.

first_img FacebookTwitterLinkedInEmailPrint分享By Matthew Bandyk for SNL: Direct purchases of wind energy by corporate buyers rose significantly in 2015, potentially signaling a new trend in renewable energy, according to data released April 7 by the American Wind Energy Association.While 2014 saw companies announcing deals for wind to supply their energy needs at levels unheard of in previous years, wind power purchase agreements from nonutility customers in 2015 were more than double the 2014 level as a share of the market, the lobbying group for the wind industry announced. Nonutility purchases made up 52% of all wind power contracted through agreements last year. That 52% adds up to 2,074 MW. In 2014, nonutility purchases were at 23% of the market, or around 1,500 MW, and just 5%, or about 500 MW, in 2013, according to AWEA data.Some of the biggest purchases of wind last year were made by Amazon.com Inc.‘s cloud computing company,Amazon Web Services Inc.; Wal-Mart Stores Inc.; General Motors Co.; and Dow Chemical Co.The trend is driven by companies trying to meet internal goals of promoting sustainability, according to AWEA Research Analyst Hannah Hunt. In addition, corporate buyers are seeking stable sources of energy that are not tied to variable fuel costs, such as energy generated by natural gas. “In recent years, what’s bolstered this trend is that these companies are interested in low-cost, fixed-price energy,” Hunt said. Out of 8,598 MW of wind capacity added in 2015 in total, more than 800 MW were from long-term contracts.Full article:  Corporate wind purchases soared in 2016 $American Wind Energy Association press release Large Corporations Leading the Way in Purchasing Wind Power in the U.S.last_img

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