Three forecasts for the corporate demand for clean energy in 2021

As we move into 2021, as a result of the tech titans’ leadership, these are the latest goalposts that we LevelTen expect┬ácorporate clean energy buyers will aspire for. LevelTen is a corporation that provides┬áthe best, most cost-effective method of purchasing green energy for C&I consumers. The technology-enabled two-sided market of LevelTen links electricity sellers and purchasers in incredibly sophisticated ways.

1 The main factor for social justice will be

Firms not only take a closer look at the demographics of their workers but also reevaluate how their corporate processes as well as procurement advocate for social justice. Microsoft has developed a groundbreaking paradigm when it comes to green energy that LevelTen wants others to follow. In July, in under-resourced areas in the United States, Microsoft committed to building a portfolio of 500 megawatts of renewable energy projects, partnering with city officials as well as prioritizing minority and women-owned firms. In’ financially under-resourced communities, negatively affected by pollution and/or loss of protections and advantages of the shift to renewable energy,’ the company would therefore aim to obtain.

2 More firms will aspire to be 100% green at all stages

Initially, the aim was to be “carbon-neutral.” Soon “100 percent renewable.” Later “carbon negative.” Today, the ultimate objective is to be “100% renewable every minute of every day.” credit to Google. Through consuming enough clean energy to offset the amount of energy they consume on an annual basis, not a daily basis, businesses will say they are 100 percent green. In other words, 100% green ensures that firms use more than their bought renewable electricity in several hours of the day. Fossil fuels are needed to meet their energy needs so that you really can watch a cat video on YouTube, do some shopping online on Amazon, contact your colleague on Outlook, or surf Facebook on your iPhone at night, even if these businesses may have accomplished a 100 percent sustainable target. To this, every technology corporation contributes.

3 More businesses will commit to reducing pollution from Scope 3

Emissions in Scope 3 are those generated by the manufacture and consumption of a business’s goods and are also the company’s primary source of pollution. For instance, manufacturing pollution from Scope 3 accounts for around 75% of the overall carbon footprint of Apple. Unlike Scope 1 & 2 emissions that can be minimized by an organization by energy management initiatives and the purchase of clean energy, Scope 3 pollution is out of the business’s direct reach, rendering them the most difficult to minimize. That doesn’t deter them from trying.

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