Tech giants have joined renewables developers and other major companies to urge the EU to remove barriers to corporate power purchase agreements in the green energy sector.
In a letter under the auspices of the RE-Source Platform to energy union commissioner Maros Sefcovic, the companies called on him to prioritise regulatory reform for PPAs in upcoming recommendations to member states on their daft National Energy and Climate plans.
The companies signing the letter included Amazon, Google, Microsoft, Facebook, as well as Orsted, Enel Green Power, Innogy, Eon and EDPR.
The letter said that corporate PPAs could play a “decisive role” in helping member states to meet the EU’s 32% renewable energy target for 2030 by increasing the deployment of clean energy.
It noted that only two of the draft National Energy and Climate plans mention corporate renewables PPAs and none of them “comply with the agreed legislation”.
Sefcovic’s recommendations should be “clear, actionable and country-specific”, the letter added.
National Energy and Climate plans have to be finalised by December this year and RE-Source said it will also publish recommendations as input to the process.
The RE-Source Platform aims to bring together the interests of both renewable energy buyers and sellers to coordinate activities at the EU and national level.