Corporations purchased record clean power in 2022 – BloombergNEF
Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.
The outlook highlighted 167 organisations that announced power purchase agreements (PPA) in 36 markets worldwide, including Amazon, Ford and McDonald’s. Last year, both private companies and public institutions signed contracts to secure 36.7GW of renewable energy to power their operations, increasing by 18% from 2021 despite facing the global energy crisis, supply chain bottlenecks and high interest rates.
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