At a time of record low renewable energy power purchase agreements in the U.S.—as projects compete for buyers before federal subsidies expire—corporate buyers could bring real benefits to other energy customers.
Until now, community solar has largely benefited residential and small non-residential customers in a specific community. Yet there are other stakeholders who also want to get into the shared renewable space—large corporate buyers.
The excitement around clean energy access through distributed renewable energy has a good basis in real world experience. By creating the right policy and regulatory conditions, international clean energy access initiatives can help other countries benefit from greater access to electricity through distributed renewable energy.
A growing number of companies want utilities to provide access to long-term, fixed price renewable energy. Utilities that deliver are able to retain large customers, attract new ones and drive economic growth.
A rare solar eclipse earlier this month threatened electricity blackouts in renewable energy-heavy Europe. When operators kept the lights on, they proved that the grid is ready for a clean energy future.