Alexander Perera leads WRI’s work in renewable energy. Looking back to the year 2000, he recounts how few companies were thinking about green power options and how few utilities offered them. “Commercial and industrial use of renewable energy in the U.S. totaled less than 250 megawatts – equal to just one quarter the output of a large coal-fired power plant.”
Nine years later, a pioneering group of fifteen U.S. companies quadrupled this output, reaching a collective goal of purchasing 1,000 megawatts of new, cost competitive green power generated from renewable resources. In reaching this landmark, the Green Power Market Development Group (GPMDG) has helped catalyze a dramatic scale up of the domestic renewables industry.
WRI convened the Group and has worked with companies to explore workable renewable energy technologies, financing strategies, and partnership arrangements. It also helped the Group establish best practices for green power purchasing. “Companies now obtain green power from a variety of sources,” says Perera, “including solar and wind power, biomass, low-impact hydropower, and landfill gas.”
Core members of the GPMDG include Alcoa, Dow Chemical, DuPont, FedEx, GM, Georgia-Pacific, Google, IBM, Interface, J&J, Michelin NA, Natureworks, Pitney Bowes, Staples, and Starbucks.