Smaller businesses are taking initiative to become green and are wanting renewable energy developers to help them obtain renewable energy. The only problem is as of right now individual commercial and industrial customers aren’t generating the type of demand that can propel big energy projects into the market. This could change in the future as more and more small businesses push for renewable energy.
Key Takeaways:
- The guys at Google and Facebook, for example, are stimulating the need for wind and solar energy that they are using to feed their electricity-starved data centers.
- The developers of those energy projects, in return, are getting solid customers that are buying their output at a fixed price over a certain period of years.
- But individual commercial and industrial customers aren’t generating the type of demand that can propel big energy projects into the market. Now, though, that may change.
“Green electricity sales in the form of voluntary power purchase agreements grew by 4% in 2015, adds the National Energy Renewable Laboratory.”
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