Priya Barua, AssociateApril 7, 2015Advancing Renewables in the Midwest

THE INSIDE OF

“GREEN”

3 BASIC QUESTIONS:

• Why do renewables make sense for

business?

• Why should states and utilities care?

• What are the opportunities for the

Midwest?

2000

GPMDG founded and joint by 11 major U.S.

businesses.

2005

GPMDG model

replicated in Europe.

2012

GPMDG launched in India and has

been making tangible progress.

2013

U.S. utility-customer

engagements

2014

Corporate RE Buyers’

Principles launched in

U.S.

WRI’s Work with Corporate RE Buyers

RENEWABLES IN THE NEWS…EVERYWHERE

WHY DO RENEWABLES MAKE SENSE

FOR BUSINESS?

…Comparing Apples to Walmarts

• Corporate leadership

• Price hedge

• Energy diversification

• COST SAVINGS!

FALLING COSTS OF RENEWABLES

Source: Quayle Hodek, Renewable Choice Energy

CORPORATE PPA HISTORY

Source: Quayle Hodek, Renewable Choice Energy

Jan./Feb.

2015 alone

3 KEY CHALLENGES:

• On-site renewables insufficient

• Utilities not offering products

that meet customer needs

• Complexity and regulatory

challenges

12.4 MILLION MWH OF RE DEMAND…AND GROWING

POWER OF THE RE BUYERS’ PRINCIPLES

• Not an isolated trend

• Opening up unexpected markets

• Green tariffs that meet customer needs

MIDWEST: OPPORTUNITY WITH LARGE BRANDS

Source: wri.org/seeingisbelieving

LOOKING FOR MORE RENEWABLE PROJECTS

OPPORTUNITY FOR BETTER MARKET ALIGNMENT

QUESTIONS?

Priya BaruaAssociateCharge, WRI’s Renewable Energy Initiativepbarua@wri.org+1 202 729 7691