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The contribution of corporate initiatives to global renewable electricity deployment

Author

Listed:
  • Florian Egli

    (Energy and Technology Policy Group, ETH Zurich
    Institute for Innovation and Public Purpose, UCL)

  • Rui Zhang

    (Energy and Technology Policy Group, ETH Zurich)

  • Victor Hopo

    (Energy and Technology Policy Group, ETH Zurich)

  • Tobias Schmidt

    (Energy and Technology Policy Group, ETH Zurich
    Institute for Science, Technology and Policy, ETH Zurich)

  • Bjarne Steffen

    (Institute for Science, Technology and Policy, ETH Zurich
    Climate Finance Policy Group, ETH Zurich)

Abstract

Climate change is gaining importance on the agenda of senior decision makers in the private sector. Hence, corporate renewable electricity (RE) procurement may become more relevant to the energy transition. RE100 is the largest corporate initiative to foster RE procurement with 315 corporate members as of 2021. Yet, the contribution of such initiatives to the energy transition remains unclear, because public reporting is aggregated on the global level. Here, we develop an approach to map the electricity procured by RE100 companies to jurisdictions worldwide, which allows estimating whether and where RE100 can have a transformative impact. We find that these companies source electricity in 129 jurisdictions, accounting for

Suggested Citation

  • Florian Egli & Rui Zhang & Victor Hopo & Tobias Schmidt & Bjarne Steffen, 2023. "The contribution of corporate initiatives to global renewable electricity deployment," Nature Communications, Nature, vol. 14(1), pages 1-12, December.
    • Handle: RePEc:nat:natcom:v:14:y:2023:i:1:d:10.1038_s41467-023-40356-0
    DOI: 10.1038/s41467-023-40356-0
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    References listed on IDEAS

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