Latest Energy Procurement News and Industry Best Practices

Green Data Center Market Expected to Reach $143 Billion by 2026

May 5, 2021 by Emily Holbrook

The Global Green Data Center Market size is expected to reach $142.8 billion by 2026, rising at a market growth of 19.7% compound annual growth rate (CAGR) during the forecasted period.

DOE Earmarks $12 Million for Geothermal Technologies

April 30, 2021 by Emily Holbrook

The US Department of Energy today announced up to $12 million for technologies that can make geothermal systems more efficient for clean, renewable energy production.

North American Wind Prices Fall, While Prices in Europe Are ‘Defined by Stability’

April 14, 2021April 29, 2021 by Jennifer Nastu

Wind prices in the US dropped by 6.2% in the first quarter of the year, after four quarters of strong rising trends, according to LevelTen Energy’s new PPA Price Index.

EaaS Leaderboard Includes Ameresco, Enel X, Engie, Says New Report

April 9, 2021April 29, 2021 by Jennifer Nastu

Ameresco, Enel X, and Engie are leaders in the energy-as-a-service space, according to a new assessment from Guidehouse Insights. As organizations in the commercial and industrial space increasingly prioritize sustainability, these three companies are best positioned to address customer needs for technology expertise and advisory services, Guidehouse Insights says.

Google, Others Exhort Biden Administration to Adopt ‘Higher Impact’ Procurement Strategies

March 31, 2021April 19, 2021 by Jennifer Nastu

Google, Adobe, Trane Technologies, and Hewlett-Packard joined with a number of environmental groups to send a letter to President Joe Biden, urging his administration to adopt “higher-impact carbon-free federal electricity procurement,” as opposed to traditional clean energy procurement.

Minesto and Schneider Electric Partner to Build Ocean Energy Farms

March 15, 2021March 31, 2021 by Emily Holbrook

Marine energy developer Minesto and Schneider Electric have entered a Memorandum of Understanding to work together to develop and build ocean energy farms based on Minesto's Deep Green technology.

Sony Partners with LF Energy to Automate Peer-to-Peer Distribution of Renewable Energy

February 16, 2021March 9, 2021 by Emily Holbrook

LF Energy, along with Sony Computer Science Laboratories, Inc., announced today “Hyphae,” a microgrid initiative to automate the peer-to-peer distribution of renewable energy.

Orange Signs PPA with Engie to Develop Solar Projects in France

February 15, 2021March 9, 2021 by Jennifer Nastu

Telecommunications carrier Orange has signed a corporate power purchase agreement (PPA) with solar and wind power developer Engie in France to deliver a renewable energy supply solution in the country. This will involve creating new solar energy production capacities, supplying renewable energy to Orange for its own consumption and managing the production of all renewable electricity capacities.

First of its Kind Waste Heat-to-Power Facility to be Built in Canada

February 12, 2021March 9, 2021 by Emily Holbrook

Siemens Energy has signed an agreement with Canada-based TC Energy Corporation to commission a waste heat-to-power pilot installation in Alberta.

Cancellation of Keystone XL Pipeline Shapes Energy Investment

February 11, 2021March 9, 2021 by Guest Author

The cancellation of the Keystone XL Pipeline has significant implications for how energy projects are assessed and final investment decisions (FIDs) are made. Keystone XL illustrates that pipeline projects underway may not reach the finish line, driving energy companies to take a more in-depth look at the viability of projects moving forward.

Renewable Energy Credit Pricing to Fall in New England with Push from Offshore Wind

February 1, 2021February 9, 2021 by Jennifer Nastu

While renewable energy credit (REC) pricing is currently strong across several New England states, developer interest in the region has grown, as have commitments to offshore wind in multiple states.

Texas Utility Begins Use of Gas Turbine to Promote Decarbonization

January 19, 2021January 26, 2021 by Emily Holbrook

El Paso Electric is now using a gas turbine in an effort to promote clean energy and decarbonization.

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