Google and Microsoft Are Shaping Energy Markets

Since 2015, large corporations have signed deals for more than 7 gigawatts of renewable energy.  As activity picks up, these companies are grappling with increasingly complex deals. They're no longer just thinking about renewable energy credits or average consumption over the year; they're now looking at matching wind, solar and hydro supply directly with their on-site demand in a more granular way. Consequently, energy storage is becoming more attractive. This week, we're talking with two leading buyers of renewable energy, Google and Microsoft. We'll talk with Neha Palmer, Google's head of energy strategy, about hitting 100 percent renewable energy. Then, we'll talk with Brian Janous, Microsoft's general manager of energy, about how deals around the world are structured. We'll also grapple with a bigger question that corporate buyers are facing: what happens to their procurement when the gigawatts and gigawatts of renewables they’re buying literally reshape how markets function? This podcast is also brought to you by Shoals, the gold standard for solar and storage balance-of-systems solutions. Learn more about how Shoals can make your project operate at the highest level. This podcast is brought to you by Fiveworx, a turnkey customer engagement platform for utilities. Find out more about how Fiveworx can help your customer engagement program succeed -- and get you beyond the meter. Recommended reading:GTM: The Latest Trends in Corporate Renewable Energy ProcurementGoogle: We’re Set to Reach 100% Renewable Energy -- and It’s Just the BeginningMicrosoft: Transitioning to Zero-Carbon EnergySubscribe to The Interchange podcast via Apple Podcasts, Google Play, Stitcher or wherever you find your audio content.