2021-11-30
http://w3.windfair.us/wind-energy/news/38489-wood-mackenzie-asia-pacific-ppa-renewable-energy-re100-commitment-power-purchase-agreement-production-energy-corporate-decarbonisation-tariff

Asia Pacific: PPAs to play significant role for decarbonisation

Image: PixabayImage: Pixabay
Corporate renewable PPAs are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie.

Official Press Release Wood Mackenzie:

Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

Wind Industry Profile of
Corporate renewable PPAs playing bigger role in decarbonising Asia Pacific

Only 10% of region's RE100 companies have signed corporate PPAs

Corporate renewable power purchase agreements (PPA) are starting to play a bigger role in Asia Pacific’s decarbonisation efforts, says Wood Mackenzie, a Verisk business (Nasdaq:VRSK). A corporate renewable PPA refers to a contract between a corporate buyer and a renewable power producer to purchase electricity at a pre-agreed price and duration. Wood Mackenzie estimates that corporate renewable PPA volume more than doubled to 3.8 gigawatts (GW) in 2020 compared to the previous year. This is despite projec_ PPAZt delays from labour shortages and logistic disruptions from the pandemic. Wood Mackenzie senior analyst Rishab Shrestha said: “Corporate renewable procurement is on the rise... ... More: Official Press Release Wood Mackenzie

Keywords:
Wood Mackenzie, Asia Pacific, PPA, renewable energy, RE100, commitment, power purchase agreement, production, energy, corporate, decarbonisation, tariff







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