From: Triple Pundit
Published February 7, 2009 09:50 AM

Corporations Buy More Green Power as Debate on Capitol Hill Shapes Up

Purchases by some of the nation’s largest corporations, as well as governments and agencies, led to a record total of voluntary “green”Ě power purchases in 2008, according to a¬†ClimateBiz¬†report.

Intel and PepsiCo topped the list of buyers for Green-e Energy Certified renewable power, the Center for Resource Solutions announced late last month. A non-profit agency, the Center provides third-party certifications for the renewable power market.

The rankings were released a few days prior to California Senator Barbara Boxer predicting that Congress would draft legislation to put a national emissions cap-and-trade system in place prior to the December UN international climate change negotiations in Copenhagen, which aim to produce a successor to the Kyoto Protocol. 

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“Green”Ě Power Purchases

Green-e certified more than 2.8 million megawatt-hours worth of renewable power in 2008, 69% of the voluntary renewable energy certification market. The market for renewable energy certificates produced as a result of “green”Ě power purchases and sales rose more than 55% in 2007, according to the Dept. of Energy’s¬†National Renewable Energy Lab.

Intel stood out among peers with a record-setting single 1.3 megawatt power purchase last January. Intel and PepsiCo also ranked first and second respectively on the EPA Green Power Partnership National Top 50 and Fortune 500 lists.

Overall, Intel’s certified “green”Ě power purchases are enough to supply nearly 50% of its US operations’ needs.

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