How can corporate sourcing drive new solar PV?

Transcription

1 How can corporate sourcing drive new solar PV?

2 HOW CAN CORPORATE SOURCING DRIVE NEW SOLAR PV? Zosia Riesner Head of Corporate PPA Lightsource BP Sam Kimmins Head RE100 Mariana Heinrich Manager Climate & Energy WBCSD MODERATOR Bruce Douglas Deputy CEO SolarPower Europe Karol Gobczyński Climate & Energy Manager IKEA Group Loukia Kotsimpou Head, Asset Management Athens International Airport S.A.

3 Short introduction Bruce Douglas Deputy CEO, SolarPower Europe

4 RE-Source Platform The European alliance for corporate sourcing of renewable energy This platform pools resources and coordinates activities of all partners to promote a better framework for corporate renewable energy sourcing, at EU and national level. Steering

5 Global corporate PPA volumes by region Source: Bloomberg New Energy Finance Note: Onsite PPAs not included. APAC number is an estimate. Pre-market reform Mexico PPAs are not included. These figures are subject to change and may be updated as more information is made available. Official data partner:

6 European corporate PPAs: mainly wind Annual (GW) Cumulative (GW) YTD Solar Wind Other Cumulative Source: Bloomberg New Energy Finance Note: Onsite PPAs not included. APAC number is an estimate. Pre-market reform Mexico PPAs are not included. These figures are subject to change and may be updated as more information is made available. Official data partner:

7 C&I Rooftop onsite solar forecast (MW)

8 Current PPA opportunity

9 Renewable energy now cost competitive

10 Economics as main driver for active corporates BayWa r.e. Energy Report 2019: Survey of 1200 companies across six EU countries RE100 Annual report 2018

11 Sam Kimmins Head, RE100

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13 UPDATE

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15 RE100 GROWTH

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17 Loukia Kotsimpou Head, Asset Management Athens International Airport S.A.

18 Athens International Airport Photovoltaic Park (PVP) Loukia Kotsimpou ACCA Affiliate Head, Asset Management dpt.

19 Agenda Athens Airport Photovoltaic Park Athens Airport Case Challenges Future perspective

20 Athens Airport at a glance 24/7 operation ~300 companies ~14k employees >24m PAX-2018 >1m Visitors Land plot ~155k m2 Electricity consumption demand Total Airport <110 GWh/yr Airport Company ~58 GWh/yr

21 Athens Airport Photovoltaic Park (PVP) D&B Agreement of 8.05MWp PV Park ~ 19m Nov 2010 Jul 2011 Main Components ~29k solar panels, 12 inverters & >270km cabling purpose design on-line monitoring system Production over time: ~13GWh/ yr +17% vs targeted O&M Agreement of 8.05MWp PV Park Jul 2011 Jul 2026 Annual Fee 150k Reward/ Penalty upon Minimum Annual Yield Guarantee Over electricity demand: 25% of AIA 13% of Total Airport Jul 2017 Amendment (based on right to terminate) Annual Fee -5% Reward/ Penalty scheme Cancellation

22 Challenges Legal Constrains National Legislation Electricity Market Airport s Environmental Permit Airport s Operations & Location Master Plan Update Solar Panels reflectiveness Obstacle assessment ILS interference Extreme weather conditions (strong winds & hail) Bird roosting Financial viability Investment Cost Operating Cost Energy cost savings or Energy sales revenue Usufruct time-limitation Energy Selling Price (FiT) ,70 /MWh as of 2012 negative adjustments to restrain the increasing RES account deficit 2014 & onwards 300 /MWh

23 Future Perspective Potential extension of PVP Sustainable Development Elimination of Carbon Footprint Sound Investment Usufruct time-limitation Investment cost Operating Cost & Savings Carbon Neutral ZERO Carbon

24 Thank you for your attention

25 Karol Gobczyński Climate & Energy Manager, IKEA Group

26 INVESTING IN SOLAR ENERGY 81% Generated renewable energy equivalent to 81% of the energy we used across our operations 900,000 solar modules on our buildings 157 MWp Capacity

27 HOME SOLAR OFFER Now available in 6 markets

28 Zosia Riesner Head of Corporate PPA, Lightsource BP

29 Brewing Budweiser With Solar Energy Power Purchase Agreement signed with beverage company AB InBev 100MW of new solar capacity to be constructed in the Budweiser to be brewed with 100% renewable UK electricity 28,000 tonnes of carbon to be offset per annum Largest unsubsidised solar Corporate PPA in UK 350,000 solar panels 15-year PPA history Offers savings against the wholesale market forecast Provides long term price stability 29

30 Powering Ibstock Brick with Solar Generating sustainable energy for the largest clay building products manufacturer in the UK 4.9MWp solar farm connected directly to Ibstock Brick Zero upfront cost and no disruptions to operations 25-year PPA providing long-term price stability & visibility Behind-the-metre connection, free from grid charges Built on 22 acres of company land Provides 30% of the facility s annual electricity needs 1,770 tonnes of CO2 emissions saved each year Offers savings from day 1 and against the market forecast 30

31 Mariana Heinrich Manager Climate & Energy, WBCSD

32 How multi-technology PPA structures could help companies reduce risk Scope: variable generation technologies (solar & wind) Focus: imbalance, profile & volume risk Analysis: viability as risk mitigation tool? To access our paper, visit wbcsd.org -> REscale -> Resources

33 Duration curves of residual demand with solar PV, wind, and solar PV & wind combined Indicative data

34 Combining multiple technologies with variable generation profiles can reduce imbalance, shape and volume risk The extent to which multiple technologies can do so is highly dependent on specific factors (check our paper!) Is the expected risk reduction sufficient to alter existing approaches to risk management? Does it underpin discussions on reduced risk management fees? Would other technology combinations be a better fit for your requirements? Biomass, hydro, storage?

35 HOW CAN CORPORATE SOURCING DRIVE NEW SOLAR PV? Zosia Riesner Head of Corporate PPA Lightsource BP Sam Kimmins Head RE100 Mariana Heinrich Manager Climate & Energy WBCSD MODERATOR Bruce Douglas Deputy CEO SolarPower Europe Karol Gobczyński Climate & Energy Manager IKEA Group Loukia Kotsimpou Head, Asset Management Athens International Airport S.A.