Fast Forward for Renewable Energy
The dynamics of the energy market are rapidly shifting, quicker than a Netflix show at ›› x3 speed. The electricity landscape is evolving, new technologies emerge at an extraordinary pace and the advent of IoT power is disrupting energy ecosystems.
Many of these changes and trends are expanding the green and financial appeal of renewable energy. As we serve our clients daily, we hear from them that the extreme volatility of electricity prices in many markets, along with rising pressure from regulators and shareholders to promote sustainable operations, present a powerful incentive to act now.
But it can be hard to figure out what options exist and which actions to take, which is why many companies still take a conventional, passive approach to energy and carbon management.
So, in 2016, we launched the NEO Network™ (no “Matrix” reference intended), an online community that connects companies with resources to efficiently identify, evaluate and activate renewable energy transactions. Members of this community receive exclusive offers from developers, such as preferred pricing, and custom terms and conditions. They can also access industry experts, peers and tools to make smart energy decisions and quickly meet sustainability goals.
A little more than two years later, in a blink of an eye, the NEO Network has more than 100 corporate members, a group responsible for 1.7 gigawatts of offsite renewable energy projects around the world (i.e., enough power to meet the average demand from 850,000 U.S. homes).
However, we know this community has the power to do more and, you guessed it, do it even faster. Fortunately, there’s a collective fast-forward button that puts organizations in a position to find the right options with both velocity and confidence.
Its name is Accelerator Access. With Accelerator Access, commercial and industrial businesses can now join the NEO Network at no cost. (You can read our recent announcement or visit neonetworkexchange.com for more information.)