BRC Helps Businesses Walk the Walk with Renewables
Amber Plante for Zondits, February 5, 2015
Major corporations such as Google, Apple, and Walmart have already taken the plunge into renewables – they have together purchased more than 1 GW of power in renewables this past year. But not every successful company has made good on its commitment to adopt clean energy practices.
In this time when two-thirds of the Fortune 100s and half of the Fortune 500s have pledged themselves to adopting renewable energy but have yet to implement such technology, the Rocky Mountain Institute (RMI) this week announced the formation of the Business Renewables Center (BRC) – a collaborative environmental effort created to accelerate these companies’ efforts to add efficiency to their businesses.
The BRC provides specialists within the clean energy market to assist these large companies in realizing their energy efficiency goals and link them up with clean power solutions. It was founded by corporations including eBay, General Motors, Hewlett-Packard, and Sprint and features project developers including Apex Clean Energy, E.ON-Climate and Renewables North America, FirstSolar, and Invenergy and transaction service providers including Altenex, Climate Friendly, Customer First Renewables, and Origin Climate.
“The collaborative effort of the BRC will make it easier for corporations to enter the renewables market. Instead of having hundreds of corporations reinvent the wheel, each member can get immediate access to the cumulative knowledge and wisdom of the industry. Each problem only needs to get solved once,” said Rob Threlkeld, manager of renewable energy at GM, in the press release.
What’s holding these companies back from realizing their renewable energy goals? The high transaction cost and complexity of large-scale renewables transactions as well as the staff time required are the main reasons cited. RMI is an “independent, nonprofit think-and-do tank” that “engages with businesses, communities, and institutions to accelerate and scale replicable solutions that drive the cost-effective shift from fossil fuels to efficiency and renewables,” according to the press release. Through the BRC’s efforts to supply these businesses with energy specialists, it believes that the BRC could double the US capacity for wind and solar power by 2025.