GROWING CORPORATE DEMAND FOR RENEWABLE GROWTH Letha Tawney, Director of Utility Innovation, World Resources Institute Release the Energy, Danish Energy Association, June 6, 2016 IMAGE: FLICKR/ORAN VIRIYINCY

WRI’s ENERGY GOAL| We foster collaborations between utilities, large energy buyers and regulators to create opportunities for cost-effective renewable energy deployment.

CORPORATE AMBITION IS SUBSTANTIAL 60% of the US Fortune 100 and 43% of the US Fortune 500 have a GHG, RE or EE target.

CORPORATE AMBITION Power Forward 2.0

65 INTERNATIONAL COMPANIES HAVE MADE COMMITMENTS TO 100% RENEWABLE ENERGY

OVER 160 COMPANIES HAVE COMMITTED TO SCIENCE BASED TARGETS

CORPORATE RENEWBLES DEALS - US Copyright 2016 by Rocky Mountain Institute. For more information, please visit or contact Gigawatts of Capacity 3210 MW

CORPORATE MARKET SHARE IS GROWING Contracted Wind Capacity (MW) by Type Corporates signed approximately 19% of wind PPAs in 2014, and around 56% in Copyright 2016 by Rocky Mountain Institute. For more information, please visit or contact

Buyer Capacity (MW) Google F 500 1,839 Amazon F Walmart F Equinix 330 Microsoft F IKEA 263 Owens Corning F Facebook F Apple F Dow Chemical F Mars 200 Switch 179 Kaiser Permanente 153 Procter & Gamble F Buyer Capacity (MW) 3M F HPE F Philips 65 General Motors F Salesforce F SC Johnson 53 Corning F BD F Lockheed Martin F Iron Mountain 27 Steelcase 25 Yahoo 23 Cisco F Bloomberg CORPORATES HAVE SIGNED US DEALS Copyright 2016 by Rocky Mountain Institute. For more information, please visit or contact

28 DEVELOPERS HAVE SIGNED US DEALS Capacity (MW) # of Deals # of Corporates Pattern Energy Group Enel Green Power Pioneer Green Energy SunPower Alterra Power Tradewind Energy Community Energy 8011 Cypress Creek Renewables 6111 Spartan Renewable Energy 5311 Constellation 4211 Akuo Energy 4011 Enbridge 4011 New Jersey Resources 2711 NRG 2011 Developer Capacity (MW) # of Deals # of Corporates NextEra Energy Resources EDF Renewable Energy Invenergy MidAmerican Energy Apex Clean Energy RES Americas First Solar Chermac Energy Duke Energy Renewables SunEdison EDP Renewables Iberdrola Renewables BNB Renewable Energy Bordas Wind Energy Copyright 2016 by Rocky Mountain Institute. For more information, please visit or contact

CLEAN ENERGY MINISTERIAL CAMPAIGN: Goal: get more companies to commit powering operations with renewables and deploy tools and resources to enable more companies large and small, to do so.

CLEAN ENERGY MINISTERIAL CAMPAIGN: WHY IT’S NEEDED To raise awareness and build the business case. To drive the market and boost the economy. To remove the policy barriers. To build consumer confidence.

CLEAN ENERGY MINISTERIAL CAMPAIGN: THE COALITION Led by the governments of Germany and Denmark, other CEM members participating in the Campaign include China, the European Commission, Mexico, Sweden, the United Kingdom, and the United States. The governments are joined by several partners: International Renewable Energy Agency (IRENA), the Renewable Energy Buyers Alliance (REBA), RE100, World Business Council for Sustainable Development (WBCSD), World Resources Institute (WRI), and others.

CORPORATE RE BUYERS’ PRINCIPLES

Energy buyers Utilities A utility energy product that replaces a customer’s standard resource mix and monthly bill with locally-delivered renewable energy, typically at a fixed price. WHAT IS A GREEN TARIFF?

CORPORATE RENEWABLE STRATEGY MAP Where companies can buy renewable energy through the grid. Virginia

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