Reports & Briefings

RENEWABLE ENERGY MARKET BRIEFING - JAPAN

    

In 2019, RE100 members cited Japan as one of the most challenging markets in which to switch to 100% renewable electricity. Fossil fuels still dominate the market, and affordable renewable energy options are limited.

However, despite having a less ambitious renewable energy target (22-24% by 2030), substantial reform is underway. While obstacles still exist for producers and buyers, renewable electricity consumption has risen substantially over the last five years, following the introduction of a feed-in tariff.

This briefing sets out the current renewable electricity options for companies operating in Japan, including on-site generation, green contracts and energy attribute certificates. It includes examples from RE100 member companies Sekisui House, Marui Group, Sony Corporation and Unilever.

It also presents recommendations for policy makers that will accelerate market change and further increase the generation and consumption of renewable electricity in Japan.

Read the full report in English or Japanese.


GOING 100% RENEWABLE: HOW COMMITTED COMPANIES ARE DEMANDING A FASTER MARKET RESPONSE

 

In 2019 RE100 experienced its biggest year yet. Membership was up by a third, with 40% of growth from the Asia-Pacific, and the collective renewable electricity demand of member companies equated to the 21st largest electricity consuming country in the world.

Going 100% renewable: how companies are demanding a faster market response  (English/Japanese) is the 2019 Progress and Insights Report from The Climate Group and CDP. It shows members are making fast progress toward ambitious 100% renewable electricity goals. They are driving impact and influencing suppliers, while aligning with the growing expectations of customers, shareholders and employees.

New for 2019, one in two say they would use their influence with stakeholders, such as policy makers and utilities, to overcome policy and market barriers and push for a faster transition to renewables. Through RE100, their voices are being amplified to governments and the energy sector around the world.

2020 marks the beginning of the Climate Decade – ten years to halve greenhouse gas emissions and get the world on track to reach net zero by 2050. As more and more companies join RE100 and commit to 100% renewable power, policy makers and energy suppliers must rapidly respond to increasing demand for clean and affordable electricity.

Read the report in English or Japanese, check companies individual progress in Annex 1 and learn more about the data in Annex 2.


MOVING TO TRULY GLOBAL IMPACT: INFLUENCING RENEWABLE ELECTRICITY MARKETS

2018 will be remembered as the year scientists gave their starkest warning yet on the impacts of 1.5°C global warming. But it was also the year the corporate movement for renewable electricity started to go truly global.

At the time of publishing (November 2018), 155 companies have joined RE100, creating demand for 188 TWh of renewable power per year – equivalent to the 23rd largest country electricity consumption in the world.

This is the fourth RE100 Progress and Insights Annual Report. It tracks the progress of member companies as they work toward their 100% goals, with the corresponding annexes providing full details, and it shows how the RE100 initiative is now both increasing renewable energy capacity and reaching new frontiers as we expand our influence into more markets.

Read the report, check companies individual progress in Annex 1, and learn more about the data in Annex 2.


MAKING BUSINESS SENSE: HOW RE100 COMPANIES HAVE AN EDGE ON THEIR PEERS

RE100 companies are more profitable than their peers, an RE100 report (September 2018) reveals – underlining the business case for putting sustainability at the heart of corporate growth strategies.

The RE100 report with Capgemini Invent, which draws on 2016-17 data from a sample of 3,500 companies, shows RE100 companies (committed to 100% renewable electricity) consistently perform better than non-members on two key financial indicators: net profit margin and EBIT margin (Earnings Before Interests and Taxes).

The difference is significant (up to 7.7 percentage points), and is true across all sectors (most prominently for IT, telecommunications, construction and real estate).

Download the full report here.


BUSINESS LEADERSHIP IN THE TRANSITION TO RENEWABLE ELECTRICITY

This paper (August 2018) provides a framework for companies seeking to demonstrate leadership in the transition towards a clean energy economy powered by 100% renewable electricity.

It draws on best practice already being implemented by leading companies working to source 100% renewable electricity as part of RE100.

There are multiple ways in which a company can demonstrate leadership on renewable electricity. For each of these dimensions, a case study is provided to illustrate how RE100 members are accelerating market shifts.

The paper provides specific recommendations, informed by the RE100 Technical Advisory Group, that guide corporate buyers on how to have as much impact and influence as possible.

Download the full report here. 


APPROACHING A TIPPING POINT: HOW CORPORATE USERS ARE REDEFINING GLOBAL ELECTRICITY MARKETS

A rapidly growing group of ambitious multinational businesses are actively reshaping the energy market through their global investment decisions and accelerating a zero emissions economy.

This RE100 report (January 2018) tracks progress made in 2016-17 by companies committed to 100% renewable power.

The report also provides insight into emerging trends in corporate sourcing of renewables around the world. At the time of publishing, 122 RE100 members operating in 122 countries average 1.3 times more renewables in their electricity mix than the global rate of renewable electricity use. 

These companies have a collective revenue of over US$2.75 trillion and operations spanning six continents. Together they represent over 159TWh of demand for renewable electricity – more than enough to power Malaysia, New York State or Poland, and equivalent to the 24th largest electricity demand of all countries.

Download the full report here.

Download the report in Mandarin Chinese here.


GOING BEYOND: A GUIDE TO INTEGRATING RENEWABLE ELECTRICITY INTO YOUR SUPPLY CHAIN

Already committed to 100% renewable power, RE100 members are starting to look beyond their own operations, to also encourage the uptake of renewable electricity within their supply chains.

This makes sense for leading companies, who are looking to future-proof their wider operations and accelerate the energy transition to enable more corporate sourcing of renewables worldwide.

The multiplier effect will help to shape electricity markets in areas where direct demand from RE100 members is low but supply chains are vast, and where coal still features strongly in national growth plans.

This report (November 2017) gathers the experiences and guidance of three RE100 members – Apple, BT Group and IKEA Group – to demonstrate what companies can do to overcome challenges and engage their suppliers in the transition to 100% renewable power.

Download the full report here.

Download the report in Mandarin Chinese here.


RE100 ANNUAL REPORT 2017: HOW CORPORATES ARE TRANSFORMING THE RENEWABLE ENERGY MARKET

The 2017 RE100 Annual Report (January 2017), shows how corporate sourcing of renewable electricity can be a major driver of the shift to a robust, zero-emissions economy. By recognising the compelling business case for renewable electricity, RE100 members are growing demand for renewable energy and helping to move the market away from fossil fuels.

For the first time, this year’s report looks at the various approaches to renewable electricity being used by RE100 members in different regions of the world. It also highlights successes of the RE100 initiative over the last year, and looks ahead to 2017-18.

Download the full report here.





CONSUMER-LED ENERGY TRANSITION

As the EU Commission prepares to release a review of the EU Renewable Energy Directive and Market Design Initiative in late November 2016, this RE100 report, prepared by E3G, calls on policy makers to ensure that measures are put in place that would give companies easier access to renewable power in Europe – providing greater control over energy costs and long-term business stability. 

Backed by BT, IKEA Group, Google, Nestlé, Royal DSM and Unilever, who all contributed their experiences of working towards 100% renewable power globally, the report argues for continued priority dispatch for renewables and enforceable prosumer rights.






MAKING CREDIBLE RENEWABLE ELECTRICITY USAGE CLAIMS

The 2016 RE100 Annual Report (January 2016) reviews the progress RE100 companies are making towards 100% renewable power. The report finds that:

  • on average companies in the campaign are half way towards meeting their 100% renewable electricity goals;
  • those in the retail sector have switched the largest amount of electricity to renewables;
  • those in the ICT sector are closest to reaching their 100% renewable electricity goals (on average 64%)

Companies are taking different approaches according to sector and location.For example, information technology companies building new research labs and data centres are opting to use power purchasing agreements and on-site generation, and European companies are making the most of credible options to purchase 'green power’ directly from the grid.


RE100 ANNUAL REPORT 2016: COMPANIES ON AVERAGE HALF WAY TO 100% RENEWABLE POWER

The 2016 RE100 Annual Report (January 2016) reviews the progress RE100 companies are making towards 100% renewable power. The report finds that:

  • on average companies in the campaign are half way towards meeting their 100% renewable electricity goals;
  • those in the retail sector have switched the largest amount of electricity to renewables;
  • those in the ICT sector are closest to reaching their 100% renewable electricity goals (on average 64%)

Companies are taking different approaches according to sector and location.For example, information technology companies building new research labs and data centres are opting to use power purchasing agreements and on-site generation, and European companies are making the most of credible options to purchase 'green power’ directly from the grid.


INDIA: UNDERSTANDING MARKET CONDITIONS FOR BUSINESS TO GO 100% RENEWABLE

India: Understanding market conditions for business to go 100% renewable (November 2015) sets out options for businesses seeking to switch more of their electricity supply to renewable sources of energy, through direct investments in their own assets, purchased electricity from a third party, or the buying of renewable energy credits.

Because despite adding considerable electricity generation capacity in the last decade, India's energy supply is still not meeting its huge growing demand, and a lack of supply and infrastructure issues means the price of grid electricity is rapidly rising.

Meanwhile, the cost of renewable energy is falling – providing a win-win for the companies that invest now.

This briefing outlines the benefits of switching to renewables, such as greater energy security and protection against cost inflation for consumers.


THE UAE – HUB OF THE NEXT ENERGY REVOLUTION?

Increased energy demand in emerging markets, uncertain energy prices and international pressure to reduce carbon emissions, mean governments and businesses see the economic and security benefits of shifting to clean energy.

The United Arab Emirates (UAE) is at the heart of this shift – the same as it was at the heart of the last energy boom. And just as its massive oil reserves provided a springboard for the incumbent energy revolution, its huge solar resources and cutting-edge technology development are shaping the region as a hub for the new, clean energy revolution.

Our latest analysis (April 2015), supported by the International Renewable Energy Agency (IRENA), provides an overview of the region's current and future renewable energy landscape and explores the UAE’s role in shaping the world’s new energy future.

Uniquely positioned in the world’s solar ‘hot-spot’, UAE is set to be a leader of the world's impressive solar sector growth. It is also learning important lessons from innovative flagship projects in Abu Dhabi and Dubai, which help the Government to understand how and where scaling up low carbon technologies can work best.

And while stimulating corporate demand for renewable power in the UAE is still at an early stage, strong signals from the increasing adoption of solar power technologies also indicate growing appetite from the private sector.


CHINA'S FASTRACK TO A RENEWABLE FUTURE

China is the world's biggest investor in the renewable energy market, reaching US$89.5 billion in 2014 alone.

And this low carbon leadership is sending a clear signal to Chinese businesses. They see going renewable as a smart business decision that can provide energy security, help manage fluctuating energy costs, improve reputation and deliver carbon emission reduction goals.

But until recently, the focus of renewable investment in China had been on large-scale utility projects – the supply side of the energy equation. Today though (April 2015), the central government increasingly sees the opportunity for stimulating businesses – the biggest end users of energy – and has introduced a number of incentive schemes for renewable energy investment that are already attracting interest.

This report, China’s fast track to a renewable future, identifies the areas of greatest growth in China's clean energy markets, and explores key renewables opportunities for businesses.

Solar PV emerges as one of the most popular, with rooftop solar projects currently offering the industrial and commercial sectors a payback period of seven to nine years and an 8% rate of return according to China Renewable Energy Industries Association (CREIA) data.

Click the report cover above to read the English version or click here for the Chinese version


THE JOURNEY TO 100%

To meet the world's growing demand for energy, the most influential companies are finding innovative ways to decarbonize their power use. And the smartest companies are making the boldest commitments of all: to be 100% renewable as an integral part of their business strategies.

This RE100 insight briefing report (January 2015) provides a snapshot of current global trends in corporate demand for, and investment in, renewable power.

Made up of case studies from RE100 corporate partners, the briefing showcases the most popular renewable power technologies, and which industries are the biggest investors with the best financial returns.

RE100: The journey to 100% is the first report of RE100, an initiative of The Climate Group in partnership with CDP, a global campaign working with the world’s most influential businesses on their journeys to becoming 100% powered by renewables.