Corporate PPA volumes October 218 Kyle Harrison October 25, 218
Global corporate PPAs, by region Annual volume (GW) 9 8 7 6 5 4 3 2 1.3.1.3.3 1..6 2.2 1.5 4.6.8 3.4 Cumulative volume (GW) 8.7 36 28 29 1 11 12 13 14 15 16 17 18 YTD 4.2.6 2.4 AMER EMEA APAC Cumulative 5.6 1.3 3.2 1.3 1.9 5.6 32 28 24 2 16 12 8 4 Source: Bloomberg New Energy Finance Note: APAC capacity is estimated. Pre-market reform Mexico PPAs excluded. Figures are subject to change and may be updated as more information is made available. 1 October 11, 218
Top corporate clean energy buyers, by technology MW Facebook AT&T Norsk Hydro Alcoa Corp Microsoft Walmart Apple Google EVRAZ Kaiser Permanente 487 82 667 524 473 18 3 184111 12191 24 17 5 Solar Wind 819 Source: Bloomberg New Energy Finance Note: Chart only includes disclosed, offsite PPAs. 2 October 11, 218
EMEA corporate PPAs, by technology Annual (GW) 2 Cumulative (GW) 1.9 8 1.5 1.8 1.9.1 1. 1..6.1.1 28 9 1 11 12 13 14 15 16 17 18 YTD Solar Wind Other Cumulative 6 4 2 Source: Bloomberg New Energy Finance Note: Chart only includes disclosed, offsite PPAs. 3 October 11, 218
EMEA corporate PPAs, by offtaker type GW 1.9.1.4.3.8 28 9 1 11 12 13 14 15 16 17 18 Technology Manufacturing Industrials YTD Communications Materials Healthcare Financials.8 1.2 Source: Bloomberg New Energy Finance Note: Chart includes offsite PPAs only. 4 October 11, 218
Europe corporate PPAs, by country Annual volume (GW) 1.9.1 1..8.3.4.1.3.1.1.1 28 29 21 211 212 213 214 215 216 217 218 YTD Denmark United Kingdom Germany Netherlands Sweden Belgium Finland Italy Iceland Norway Ireland Source: Bloomberg New Energy Finance Note: Chart includes offsite PPAs only. 5 October 11, 218
Europe-domiciled RE1 supply-demand fundamentals TWh 1 8 6 4 2 6 12 18 25 3 35 4 46 51 55 59 62 66 7 217 218 219 22 221 222 223 224 225 226 227 228 229 23 Wind (contracted) Solar (contracted) Certificate purchases Onsite generation Renewable shortfall Electricity demand Renewable electricity demand Source: Bloomberg New Energy Finance, Bloomberg Terminal, The Climate Group Note: Certificates includes utility contracts and unbundled guarantees of origin. Certificates assumed to step down 1% each year, while contracted solar, wind and onsite generation remain steady through 23. 6 October 11, 218
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