Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
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ISBN-13: 9789276092858
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Competitiveness of Corporate Sourcing of Renewable Energy
Author:
Publisher:
Published: 2019
Total Pages:
ISBN-13: 9789276092872
DOWNLOAD EBOOKRenewables have been increasingly recognized as important contributors to economic growth both in terms of job creation and value added. In this context, as industry and services are responsible for more than two-thirds of the European Union’s (EU) final electricity consumption, corporates’ decision to source renewable electricity can not only improve environmental sustainability, but also fuel economic growth, create employment opportunities and enhance welfare. The present Annex provides an assessment of the impact of corporate sourcing of renewable electricity on economic growth and jobs up to 2030 in ten EU Member States: Bulgaria, France, Germany, Ireland, Italy, the Netherlands, Poland, Romania, Spain and Sweden. The remainder is organised as follows: Section 2 briefly reviews recent studies on the socio-economic impact of RE deployment at the global and EU levels; Section 3 illustrates the methodology and data sources; Section 4 estimates total job creation and gross value added (GVA) of corporate sourcing of renewable electricity.
Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
Total Pages:
ISBN-13: 9789276092810
DOWNLOAD EBOOKGoogle is a technology company providing products and services “to organise the world’s information and make it universally accessible and useful”. Eight of Google’s core products (Search, Android, Maps, Chrome, YouTube, Google Play, Gmail, and Drive) have more than 1 billion monthly active users. The company offers a broad collection of cloud-based products and services, including G Suite business productivity apps like Docs, Drive, and Calendar and satellite mapping and analysis platforms like Google Earth and Google Earth Engine. In recent years, Google has expanded into consumer electronics with products including Google Pixel, Google Pixelbook, Google Home, and Chromecast Google’s headquarters are in Mountain View, California, in the United States, with the Dublin office (Ireland) serving as its EU headquarters. The company owns and leases office and building space, research and development labs, and sales and support offices across more than 160 cities, primarily in North America, Europe, South America, and Asia, and owns and operates 16 data centres on four continents. Google is a wholly owned subsidiary of Alphabet Inc., which also includes companies such as Access, Calico, CapitalG, GV, Verily, Waymo, and X. Google’s revenues in 2018 totalled.
Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
Total Pages:
ISBN-13: 9789276092865
DOWNLOAD EBOOKThe present Annex summarises the main findings of an online survey on corporate sourcing of renewable energy (RE) which was prepared in cooperation with the Directorate-General for Energy (DG ENER) of the European Commission and administered by the Study Team via the SurveyMonkey® platform, between July and September 2018. Survey results are complemented by data and information provided by selected stakeholders consulted via semi-structured interviews.
Competitiveness of Corporate Sourcing of Renewable Energy
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Publisher:
Published: 2019
Total Pages:
ISBN-13: 9789276092834
DOWNLOAD EBOOKRepresenting an International leading producer, Altair Chimica, a Company of Esseco Group, highly values the relationship between industrial activity and the environment and uses a new mercury-free chlorine and potassium plant relying on membrane cell technology, the most advanced in the world. Altair Chimica forms an interesting case study to understand why a company would decide to source or not to source renewable energy. Altair Chimica has less than 100 employees, therefore it faces challenges similar to those experienced by an SME. Since 2011, however, it belongs to a large group (Esseco Group). The company is located in Italy, a country which already achieved its 2020 goals in terms of the share of renewable energy in the gross final energy consumption. Nevertheless, this is mainly due to support schemes rather than efforts from the corporate sector. Altair Chimica will start self-generating renewable energy through solar photovoltaic starting in 2019, therefore they still have their reasonings fresh in mind.
Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
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ISBN-13: 9789276092803
DOWNLOAD EBOOKThis case study focuses on corporate sourcing of renewable energy (RE) in the primary aluminium sector. More specifically, it presents the European experience of two global leaders in the aluminium industry, i.e. Alcoa and Norsk Hydro. These companies operate aluminium smelters in many countries in the world, including three Member States (Germany, Slovakia and Spain) of the European Union (EU). Historically, Alcoa’s and Norsk Hydro’s aluminium smelters in Norway have been sourcing electricity via hydropower power purchase agreements (PPAs). In the last years, the two companies have also decided to fuel their operations in Norway via long-term wind power PPAs. Both companies also have experience in the generation of renewable electricity in extra-EU countries. Nevertheless, after assessing the available options, for the time being they have not been able to source renewable electricity in the EU. By comparing the Norwegian case with the challenges experienced in EU Member States, this case study devises policy recommendations aiming to enable electricity-intensive industries to further contribute to the uptake of RE in the EU.
Competitiveness of the Heating and Cooling Industry and Services
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Published: 2019
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ISBN-13: 9789276092780
DOWNLOAD EBOOKThis report constitutes the second part of a larger Study on the “Competitiveness of the Renewable Energy Sector”, conducted by COWI and CEPS for DG ENER of the European Commission. The report focuses on the impact of corporate sourcing of renewable energy on the competitiveness of the European industry. European companies rely on renewables to meet their energy needs for three main reasons: i) strengthening their competitive advantage and increasing their demand, as consumers' choices are increasingly driven by sustainability considerations; ii) attracting more capital, as investors are growingly concerned about the environmental footprint of their investments; and iii) improving their cost competitiveness, as renewables may reduce energy costs. At the same time, EU companies face some barriers when trying to source renewables. Many barriers are addressed by the new 'Clean Energy for All Europeans’ package; others will require additional measures. The report also estimates the potential impacts of corporate sourcing of renewables on the EU economy. Should EU-based industrial and commercial companies commit to source renewable electricity to meet 30% of their total demand of electricity by 2030, the EU renewable energy sector could generate more than €750 billion in gross added value and above 220,000 new jobs.
Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
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ISBN-13: 9789276092841
DOWNLOAD EBOOKWholesale and food specialist METRO AG is an international company that embraces the sourcing of renewable energy. They do so in different locations, from different sources and through different procurement methods. This makes them an interesting case study. METRO AG self-generates energy using solar photovoltaic, is involved in PPAs and unbundled GOs, and purchases energy from green energy suppliers. The company also makes use of heat recovery to save energy when heating their stores. METRO operates in 36 countries and employs more than 150,000 people worldwide. In financial year 2017/18, METRO generated sales of €36.5 billion, thereof €29.5 billion were generated by METROs wholesale business. In September 2018 METRO AG initiated the divestment process for the food retail chain Real with its 34,000 employees to transform into a pure wholesale company. Specialised in wholesale and food, the company provides products and services to the hotel, restaurant and caterer business as well as to traders and SMEs. Their experience with energy sourcing can provide insights in understanding why and how companies source renewable energy.
Competitiveness of Corporate Sourcing of Renewable Energy
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Published: 2019
Total Pages:
ISBN-13: 9789276092797
DOWNLOAD EBOOKWWRD is a small manufacturer of luxury crystal glass tableware products based in Ireland; as a key part of its business model, the company is a ‘tourism factory’ that allows tourists to visit its manufacturing plants in Waterford and learn more about the production of crystal glass. In compliance with its corporate social responsibility (CSR) strategy, WWRD purchases 100% of the electricity consumed via a green energy offer. The company has also assessed opportunities to rely on renewable sources for heating purposes; however, for the time being, WWRD decided not to pursue such opportunities. By focusing on a medium-sized company, which is environmentally conscious, this case study allows drawing some policy recommendations that may foster small and medium-sized enterprises (SMEs) to embrace the green energy revolution.
Competitiveness of Corporate Sourcing of Renewable Energy
Author:
Publisher:
Published: 2019
Total Pages:
ISBN-13: 9789276092827
DOWNLOAD EBOOKAGRIS S.A. is a medium-sized company in the horticulture sector based in Greece and operating in South-East Europe. In compliance with its sustainability corporate value, in 2012, AGRIS installed eight biomass boilers for heating at its main production unit, a seedlings (eggplants, tomatoes, etc.) nursery with about three hectares of greenhouses in Kleidi, Imathia, Greece. The solid biomass boiler system currently uses sunflower husk pellets, imported from Bulgaria, as the main fuel for heat generation. The direct benefit of such an investment into self-generation renewable energy sources for heating (RES-H) has been a cost reduction in the range of 20- 30% compared with the heavy fuel oil alternative. By focusing on a medium-sized company, leader in its sector, this case study sets out to draw policy recommendations that may foster small and medium-sized enterprises (SMEs) in Europe’s horticulture sector, as well as other sectors where heating costs represent a significant portion of operating expenses, to embrace the green energy revolution.
