Today’s smart businesses are seeking ways to green their electric supply and leverage the increasingly favorable prices of renewable energy. In fact, commercial and industrial customers contracted for more renewable megawatts in 2018 than ever before. Technology and data companies lead the way.
But in the next few years, the industrial sector may top all others as more manufacturers commit to 100% renewables. In Texas, low wind and solar energy prices serve as a strong motivator for companies to sign large offtake agreements.
But as companies explore renewable options, they often find themselves stymied by product complexity and market uncertainty.
This paper from NRG examines why these challenges exist within the Electric Reliability Council of Texas (ERCOT). It also offers insight into an opportunity emerging out of the changing market and a simplified way to capture it, calibrated to various levels of risk tolerance.