Utility Dive•17 days ago
Corporate buyers contracted for 20.4 GW of ‘clean’ energy so far this year: CEBA
Key Takeaway
Corporate demand for clean energy remains robust, with buyers willing to accept new grid connection costs and tariffs, signaling continued market opportunity for developers and evolving market structures for large loads.
AI Summary
- •Corporate buyers, specifically CEBA members, have contracted for a significant 20.4 GW of 'clean' energy so far this year, indicating robust demand.
- •These large power consumers are willing to pay their 'fair share' for grid connection, suggesting a readiness to absorb rising infrastructure costs.
- •The embrace of a 'new class of large load tariffs' by CEBA members signals evolving market mechanisms and regulatory frameworks for integrating substantial new demand onto the grid.
- •This sustained corporate procurement represents a strong market signal and continued opportunity for renewable energy developers and IPPs.
Topics
interconnectpolicyppasolarstoragetransmissionwind