Welcome to RE-Source 2020!
The world’s largest gathering of renewable energy buyers and suppliers is back for another year and bigger than ever!
This exclusive event will be online this year which will provide the opportunity to cover a wider range of discussions and allow participants from all over the world to take part. The popular programme of B2B matchmaking activities has been extended, deep-dive breakout sessions and an even larger and more diverse pool of renewable energy buyers and suppliers makes RE-Source 2020 the perfect place to network, learn and do business over the course of a full Renewable Energy Corporate Sourcing Week.
Last year’s edition at a glance
National association partners
Official data partner
What are PPAs?
Corporate Renewable Power Purchase Agreements allow corporates to purchase renewable energy directly from an energy generator. Google, Norsk Hydro, Unilever, Amazon, Facebook, InBev, Adobe, SwissRE, SAP, IKEA are just a few of major businesses looking to secure power from renewable energy.
As large energy consumers they believe that procuring green power helps them to reduce the cost and risks associated with fossil fuel-based power supply. Thanks to significant reduction in technology and operating costs in recent years, renewable producers can supply power below industrial retail price.100 top companies including leading industrial players are already committing to procure 100% renewable power in the short term through Power Purchase Agreements (PPAs).
Why are big corporates investing in renewables?
Corporates are playing a catalytic role for the deployment of renewables worldwide. More and more companies are procuring or aiming to procure 100% renewable energy.
Over the last five years, 16 GW of new renewable energy sources have been contracted in Europe either through corporate renewable power purchase agreements (PPAs) or direct onsite installations. With over 150 companies committed to a 100% renewable electricity supply globally (through the RE100 initiative), corporate renewable sourcing has become a major business opportunity, boosting the economic competitiveness of corporates and reducing their carbon footprint.
Since we’ve started doing our long term PPAs, we’ve seen many other technology and traditional companies follow suit, so I believe we’re starting to see industry in general realize that this is just not the right thing to do, but it’s good business as well.
Global Vice President at Google
This timely event will raise awareness of the huge opportunity presented by corporate sourcing of renewable energy. It will also identify barriers and propose solutions to facilitate companies, large and small, to procure more renewable energy.
Head of Unit for Renewables and CCS Policy at DG Energy, European Commission
In a world of volatile wholesale energy markets, a long-term deal with a renewables supplier gives some welcome price certainty. And as the costs of both solar and wind power continue to fall way beyond expectations, such deals are becoming increasingly attractive.
Head of RE100, the Climate Group
Corporate PPAs are a win-win: whilst enabling long-term contracts, they provide financial certainty for utilities and developers and they allow the chemical industry to contribute to sustainability goals. Corporate PPAs show that renewables are maturing into market based solutions.
Director General of CEFIC