Opportunity – Challenge - Success

Bruce Douglas

Deputy CEO, SolarPower Europe / Coordinator, RE-Source Platform

RE-Source PlatformThe European alliance for corporate renewable energy sourcing

This platform pools resources and coordinates activities of all partners to promote a better framework for corporate renewable energy sourcing, at EU and national level.

Steering Committee:

RE-Source Platform objectives

1.Influence EU and national renewable energy and energy market legislation to advance corporate sourcing

2.Raise awareness and educate all stakeholders on the advantages of corporate sourcing renewable energy.

3.Provide business opportunities: connecting corporate renewable energy buyers and sellers

“Move from 100 buyers to 100.000”

Opportunity

Global corporate PPA volumes by region

Source: Bloomberg New Energy Finance Note: Onsite PPAs not included. These figures are subject to change and may be updatedas more information is made available.

0.61.5

3.4

2.43.0 2.9

0.8

1.1

1.11.0

0.6

1.3

0.2 0.3 0.1 0.3 0.3

1.0

2.2

4.64.2

5.4

4.1

0

4

8

12

16

20

24

0

1

2

3

4

5

6

2008 9 10 11 12 13 14 15 16 17 18YTD

Annual volume (GW)

AMER EMEA APAC Cumulative

Cumulative volume (GW)

Official data partner:

0.61.5

3.4

2.43.0 2.9

0.8

1.1

1.11.0

0.6

1.3

0.2 0.3 0.1 0.3 0.3

1.0

2.2

4.64.2

5.4

4.1

0

4

8

12

16

20

24

0

1

2

3

4

5

6

2008 9 10 11 12 13 14 15 16 17 18YTD

Annual volume (GW)

AMER EMEA APAC Cumulative

Cumulative volume (GW)

Europe corporate PPAs: select group of countries

Source: Bloomberg New Energy Finance Note: Onsite PPAs not included. APAC number is an estimate. Pre-market reform Mexico PPAs are not included. These figures are subject to change and may be updated as more information is made available.

0.1 0.2 0.2

0.2 0.1 0.20.2

0.3 0.2 0.5

0.4

0.10.4

0.3

0.6

0.2

0.0

0.5

1.0

1.5

2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018YTD

Annual volume (GW)

Denmark United Kingdom Germany NetherlandsSweden Belgium Finland ItalyIceland Norway Ireland

0.2

0.5

0.8

1.11.1

1.0

0.1

Official data partner:

Companies committed to RE100

Akzo Nobel

H&M

HSBC

Anheuser-Busch InBev

CarlsbergNestle

Telefonica

Novo Nordisk

0%

20%

40%

60%

80%

100%

120%

0 1 2 3 4 5 6 7 8 9 10

Manufacturing Consumer Staples Technology Materials

Financials Food and Beverage Communications Healthcare

Renewable share

TWh

Source: Bloomberg New Energy Finance, Bloomberg Terminal, The Climate Group Note: Renewables share includes unbundled certificate purchasing and utility contracts.

European-domiciled RE100 share of electricity demand supplied by renewables, by industry classification (bubble color) and market capitalization (bubble size), 2016

Europe-domiciled RE100 supply-demand fundamentals

These companies will have a Belgium-sized renewable electricity shortfall by 2030

13 19 25 30 34 39 43 48 52 56 59 63 67

0

50

100

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

TWh

Wind (contracted) Solar (contracted)Certificate purchases Onsite generationRenewable shortfall Electricity demandRenewable electricity demand

Source: Bloomberg New Energy Finance, Bloomberg Terminal, The Climate Group Note: Certificates includes utility contracts and unbundled guarantees of origin. Certificates assumed to step down 10% each year, while contracted solar, wind and onsite generation remain steady through 2030.

Official data partner:

Challenge

Policy

Complexity

Success

15 year wind PPA:

Scottish wind farm - 100 GWh per year

One of four wind farms now powering BToperations

100% renewable in the UK since 2012

Five year solar PPA:

French utility selling power toAustrian industrial company for theirItalian brick manufacturing plant

Dutch wind consortium:

Aggregation of corporate renewables buyers

Two long-term wind PPAs – 102 MW and 34 MW

On-site generation:

Generates more energy than itconsumes in Portugal

12,000 solar modules on therooftops of four of the stores

50 MW wind farm

Globally in 2017: 73% of energyconsumed was renewable =400 wind turbines and 750,000solar panels

20 – 21, November 2018Okura Hotel, Amsterdam

Target audience (over 700 participants expected):- Multinational corporations- Renewable energy developers- Senior decision-makers - Advisors, investors and service providers

Objectives:- Raise awareness- Exchange information- Facilitate connections & business opportunities

More information: resource-event.eu

Win –Win –Win