Objective and Scope:
The client, a multinational professional services firm, working across 22 locations in Europe, was looking to switch to renewable power sources across its offices and locations. It sought Benori’s support to:
- Understand the landscape for long-term procurement of renewable power in a business-to-business setting and compare the various power purchase agreement (PPA) options available
- Understand PPA and feasibility for implementation across the organization’s locations in Europe
Approach:
We studied the PPA landscape for renewables in each market using a blend of secondary and primary research to analyze the value chain, payment architectures, technologies, pricing models, regulations, and emerging trends. Based on our research, we created detailed profiles of leading players in each market, focusing on their offerings, agreements, and cross-border presence.
Impact:
The research helped the end client in:
- Implementing green energy across the locations in Europe to meet the environmental, social, and governance (ESG) targets
- Leveraging the market intelligence to understand the market dynamics and structure the procurement of renewable power
- Insulating against volatile power pricing in Europe by switching to more stable renewable power