January 16, 2019
REsurety’s CEO Lee Taylor offered insight into this new report by The Business Renewables Center (BRC), a program of Rocky Mountain Institute.
The US corporate renewable market has grown by leaps and bounds in the past five years. Corporate procurement has rapidly expanded from a niche to a substantial part of the US electricity system—one that has cumulatively brought online over 12% of all utility scale wind and solar installed in the country today. However, risk mitigation solutions have not kept pace with a rapidly diversifying and expanding corporate market. The issue of buyer risk has been raised with increasing frequency over the last few years and the market must address this issue seriously and immediately. For its own long-term health, the market must move away from the current one-size-fits-all approach to a “many-sizes-for-all” approach to risk mitigation.
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