The contribution of corporate initiatives to global renewable electricity deployment

Florian Egli (), Rui Zhang, Victor Hopo, Tobias Schmidt () and Bjarne Steffen ()
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Florian Egli: Energy and Technology Policy Group, ETH Zurich
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
Bjarne Steffen: Institute for Science, Technology and Policy, ETH Zurich

Nature Communications, 2023, vol. 14, issue 1, 1-12

Abstract: 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

Date: 2023
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DOI: 10.1038/s41467-023-40356-0

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