Clean energy can provide power for Europe's industries
- Agreements to allow firms to purchase renewables directly from an energy generator almost tripled in Europe in 2016rn

Powering corporate consumers with clean energy could help to combat CO2 emissions, save businesses money and make it easier for people to invest in renewables, Wind Europe said in a statement on Wednesday.

Chemical and aluminum producers along with food & drink companies in Europe gathered in Brussels on Wednesday with renewable energy producers to consider how to unlock this potential.

The RE-Source 2017 event brought together policy makers with industry leaders such as Google, Mars, IKEA and Alcoa with energy players EDF Energies Nouvelles, ENEL Green Power, Envision and Vestas.

The volume of ’Corporate Renewable Power Purchase Agreements' (PPAs) - which allow companies to purchase renewable energy directly from an energy generator - almost tripled in Europe in 2016, with over 1 gigawatt of capacity contracted.

"Globally, more than 100 top companies have now committed to procure 100 percent renewable electricity via the RE100 initiative, together accounting for 150 terawatt-hours of yearly consumption," the statement read.

Giles Dickson, CEO of WindEurope, said in the statement that wind energy producers could supply cheap power today thanks to significant reductions in technology and operating costs in recent years.

"The Clean Energy Package is an opportunity to remove these and ensure PPAs can really flourish," he added.

By Gulsen Cagatay

Anadolu Agency



11 Oct,2017