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Data compiled by BloombergNEF shows increasing competition for power purchase agreements

EnmergiesNet

CRACAS
EnergiesNet.com 10 14 2024

Materials companies — including miners, metals manufacturers and chemical producers  — are becoming big buyers of clean electricity. Data compiled by BloombergNEF shows increasing competition for power purchase agreements, where businesses lock in supplies from renewable sources in order to reduce emissions. While technology firms such as Meta Platforms Inc. and Amazon.com Inc. remain the largest buyers of corporate PPAs worldwide, the materials sector is taking the lead in more countries.

bloomberg.co 10 14 2024

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