Corporate Renewable Energy Buyers' Principles
Summary
The Corporate Renewable Energy Buyers' Principles, facilitated by the World Resources Institute (WRI) and World Wildlife Fund (WWF), establish a framework to address challenges faced by large corporate buyers of renewable energy, specifically aiming to streamline procurement and increase access to cost-competitive options.
Key insights
- As of January 2017, 65 companies have signed the Corporate Renewable Energy Buyers' Principles, representing an annual demand of over 48 million MWh by 2020, which is equivalent to the energy needed to power 4.4 million American homes.
- Large-scale renewable energy buyers face increased transaction costs and complexity because they often must work around traditional utilities to secure renewable energy at competitive prices and the necessary scale.
- The Buyers' Principles identify six specific criteria to help companies achieve their purchasing goals: increased purchasing options with utilities, streamlined third-party financing, access to new projects that reduce emissions beyond business as usual, longer- and variable-term contracts, more access to cost-competitive options, and greater choice in procurement options.
- Sixty percent of the largest businesses in the U.S. have established public energy and climate goals to increase their use of renewable energy, integrating these goals into their core sustainability and business strategies.
Cite the original document
- APA
- World Resources Institute (2017). Corporate Renewable Energy Buyers' Principles. https://www.wri.org/publications/corporate-renewable-energy-buyers-principles
- Chicago
- World Resources Institute. Corporate Renewable Energy Buyers' Principles. 2017. https://www.wri.org/publications/corporate-renewable-energy-buyers-principles.
- Wikipedia
- {{cite press release |author=World Resources Institute |title=Corporate Renewable Energy Buyers' Principles |date=January 2017 |url=https://www.wri.org/publications/corporate-renewable-energy-buyers-principles |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{worldresourcesinstitute2017corporate, author = {{World Resources Institute}}, title = {{Corporate Renewable Energy Buyers' Principles}}, publisher = {World Resources Institute}, year = {2017}, month = jan, url = {https://www.wri.org/publications/corporate-renewable-energy-buyers-principles}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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