Corporate sourcing of renewable electricity can be a major driver of the transition to a strong, zero-emissions economy, according to this year’s RE100 Annual Report. RE100 is a global, collaborative initiative of the world’s most influential companies committed to 100% renewable power, led by The Climate Group in partnership with CDP.
Based on the latest available electricity consumption data (2015) from RE100 members, some of the report’s findings are:
- Member companies (87 and growing) are now creating demand for approximately 107TWh of renewable power annually.
- Members are making fastest progress towards their 100% renewable electricity targets.
- Around half of the electricity being consumed by members reporting electricity use in the US is from renewables.
- Almost all of electricity usage reported by members in Europe is from renewables.
- Nearly a quarter of the electricity usage reported by members in China is from renewables.
- Around a tenth of RE100 electricity use being reported in India is from renewables.
- Of the 34 RE100 members reporting the use of self-generation onsite at their facilities, wind and solar PV were by far the most popular technologies.
The report also found that, within the membership, Telecommunications Services is the closest sector to reaching 100% renewable electricity (97% in 2015).
For more information on the RE100 Annual Report, see full article.