CORPORATE RENEWABLE ENERGY BUYERS’ PRINCIPLES: INCREASING ACCESS TO RENEWABLE ENERGY
Summary
The 'Corporate Renewable Energy Buyers’ Principles' is a statement developed by a group of large businesses, facilitated by WWF and the World Resources Institute, to outline the market conditions and products needed to help companies meet their public climate and energy goals.
Key insights
- Large US businesses are increasingly integrating renewable energy into their sustainability strategies, with 60% of the largest US companies having established public climate and energy goals to increase renewable energy use.
- Corporate buyers seek greater choice in procurement options and cost competitiveness, noting that renewable energy can already achieve or exceed cost parity with traditional energy rates.
- To ensure their purchases drive actual emissions reductions beyond business as usual, buyers prioritize access to new projects and bundled renewable energy products (energy and Renewable Energy Credits), as unbundled RECs are viewed as providing less value and impact.
- Buyers emphasize the need for price certainty to avoid fuel price volatility and seek simplified, standardized processes for third-party financing, such as power purchase agreements (PPAs) and lease arrangements.
- The principles advocate for collaboration with utilities and regulators to develop innovative programs that apply to both new and existing load and fairly distribute the costs and benefits of procurement without impacting other rate payers.
Cite the original document
- 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} }
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