WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 207
Market Data
Physical Energy Flows
ENERGY IN
THE REGIONS
HOME
Renewables
Corporate ppa
• Corporations publicly announced a record 46
gigawatts (GW) of solar and wind contracts in
2023, some 12% more than the previous record
of 41GW in 2022.
FIGURE 14
Corporate PPA (in GW) from 2015 to 2023
Cumulative volume (GW)
Annual volume (GW)
46.0
50
200
41.0
9.7
40
160
7.7
31.0
30
8.8
25.6
120
8.4
20.6
20
15.4
80
7.3
14.1
20.4
10
4.7
4.1
6.5
16.6
15.4
19
20
24.4
20.9
2015
16
• Some 45% (20.9GW) of corporate PPAs
announced in 2023 were in the Americas region,
followed by Europe at 33% (15.4GW).
• While the United States remained the largest
market for PPAs, with 17.3GW of deals
announced, this was down 16% from the record
20.6GW announced in 2022.
9.2
4.1
0
40
• The improving economics in key regions like
Europe, alongside imminent company clean
energy goals, were the main drivers underpinning
this growth and position the market even better
for 2024.
17
EMEA
APAC
21
22
23
Cumulative
Source: https://about.bnef.com/blog/corporate-clean-power-buying-grew-12-to-new-record-in-2023-according-to-bloombergnef/
207
WEMO 2024
AMER
0
18