Corporations around the world bought a record-breaking amount of renewable energy through PPAs in 2018. And the deals are likely to continue: A new BloombergNEF market outlook projects that RE100 companies need to purchase an additional 190 terawatt hours of renewables by 2030 in order to meet their targets.
Renewable energy power purchase agreement prices will rise after 2020, predicts a new energy markets report from Enel X North America. As states, utilities, and corporations seek to fulfill renewable goals, there will be increasing competition for projects while the pipeline decreases, the analysis says.
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