CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY

The Corporate Renewable Energy Buyers’ Principles, developed by large US businesses with support from WWF and WRI, identify six key priorities to help companies meet their public climate and energy goals. These include seeking greater choice in procurement options, cost competitiveness with traditional energy, and access to long-term, fixed-price contracts. The principles emphasize the desire for 'additionality'—driving new renewable power generation—and a preference for bundled energy and Renewable Energy Credits (RECs) over unbundled ones. The signatories also call for simplified third-party financing, the prevention of double-counting of emission benefits, and increased collaboration with utilities and regulators to expand procurement choices for both new and existing operations.

• Large US businesses are seeking greater flexibility and stability in how they procure renewable energy, specifically requesting more choice in suppliers and the ability to secure long-term, fixed-price contracts to avoid fuel price volatility.
• Buyers prioritize 'additionality' to ensure their investments result in new renewable power generation rather than just shifting existing capacity. To achieve this, they prefer bundled energy and Renewable Energy Credits (RECs) over unbundled RECs, which they claim do not provide the same value or impact.
• There is a demand for improved market mechanisms to prevent the double-counting of renewable energy consumption and GHG emission benefits, as current US rules require buyers to retain or retire RECs to claim these benefits.
• Companies are calling for the standardization and simplification of procurement processes, including permitting and incentives, and increased access to third-party financing tools like power purchase agreements (PPAs) and lease arrangements.
• The principles advocate for collaboration with local utilities and regulators to create innovative programs that fairly share the costs and benefits of procurement without impacting other rate payers, applicable to both new and existing operations.

APA

World Resources Institute (2015). CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY. https://wriorg.s3.amazonaws.com/s3fs-public/corporate_renewable_energy_buyers_principles_1.pdf

Chicago

World Resources Institute. CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY. 2015. https://wriorg.s3.amazonaws.com/s3fs-public/corporate_renewable_energy_buyers_principles_1.pdf.

Wikipedia

{{cite press release |author=World Resources Institute |title=CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY |date=May 2015 |url=https://wriorg.s3.amazonaws.com/s3fs-public/corporate_renewable_energy_buyers_principles_1.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{worldresourcesinstitute2015corporate, author = {{World Resources Institute}}, title = {{CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY}}, publisher = {World Resources Institute}, year = {2015}, month = may, url = {https://wriorg.s3.amazonaws.com/s3fs-public/corporate_renewable_energy_buyers_principles_1.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }