On vPPAs and Penguins
“It’s tough to make predictions, especially about the future.” -Yogi Berra If you’re a corporate energy buyer with one or more virtual power purchase agreements (vPPAs), you should have received your last invoice for 2024. For most of the PPA contracts that Verse oversees, it was an expensive year! You may be asking, how did […]
Finance and Sustainability Teams Can Be Friends
Although wind and solar are the least expensive forms of energy generation in most of U.S., many companies operating here struggle to save money when they buy clean energy. As we mentioned in our last blog, most organizations that want to buy clean energy today must pay a “green premium”. This has put finance and […]
Maintaining Decarbonization Momentum: Understanding the Marginal Abatement Cost Curve
Companies committed to sustainability face a dilemma. Several years ago, clean energy procurement in the form of virtual power purchase agreements (vPPAs) could support decarbonization efforts AND reduce energy costs. Today, the picture is more complex, with many vPPAs forecasted to increase cost and risk over the contract lifetime. This reversal has left many sustainability […]
Navigating the Risks of Virtual Power Purchase Agreements
Virtual power purchase agreements (vPPAs) are a common mechanism for large energy users to invest in clean power. These financial contracts allow companies to support renewable energy projects without directly owning or operating the physical assets (for a more detailed explanation, check out our vPPA explainer video). While vPPAs offer numerous benefits, they also come […]
Startup Growth Strategy: Lessons from A Series A Startup
As the CEO of a Series A SaaS startup, I’ve learned valuable lessons about entrepreneurship and startup growth strategy. My team started with my cofounder and me. In under two years, we grew the team to twenty employees. We’ve taken a product from concept to commercialization, brought on more than a dozen customers and raised […]
What Is a Virtual Power Purchase Agreement?
If you’re at all involved in corporate clean energy or sustainability, you may have heard of a mechanism called a virtual power purchase agreement. But what does it entail? A virtual power purchase agreement (vPPA) is a financial contract between a renewable energy generator (the seller) and an organization or corporation (the buyer). The PPA […]
What Is a Green Tariff?
If you work in corporate clean energy procurement, you may have come across the term “green tariff.” Green tariffs provide a pathway for businesses – particularly those in regulated electricity markets — to purchase renewable energy credits or renewable energy from their utility providers. This blog provides a quick overview of what green tariffs are, […]
How to Measure GHG Emissions
Electric grids are enormously complex, but when it comes to how to measure GHG emissions, we can break things down into three key types of emissions calculations – grid average emissions, marginal emissions, and residual mix grid emissions – to help us understand the environmental impact of electricity use. In this article, we’ll explain those […]
Anthesis Group Uses Verse Data Hub for Smarter Emissions Forecasts
Anthesis Group is using Verse to help clients accurately plan their decarbonization and clean energy investment strategies. “Projected grid emissions” are the anticipated levels of emissions from electricity generation based on factors such as planned changes in the energy resource mix and policy initiatives. These grid emissions factors vary widely across the U.S. because not […]
How an Internal Cost of Carbon Influences Corporate Decarbonization Plans
Whether to set an internal cost of carbon depends on a company’s decarbonization goals. Doing so can meaningfully aid a company in prioritizing decarbonization investments.