CEBA report: Large-load customers help commercialize advanced clean energy technologies through utility partnerships
By
Diana DiGangi
A baker's-dozen of insight crammed into one ring.
Summary
The Corporate Energy Buyers Association (CEBA) released a May 21 report stating that large-load customers, particularly tech companies, are helping commercialize new clean firm technologies like advanced geothermal and small modular nuclear reactors through clean energy tariffs and bilateral customer-utility arrangements. These partnerships allow large energy buyers to take on risk and help drive costs down for emerging clean technologies, similar to the trajectory seen with solar and wind power. The report highlights how corporate demand is accelerating the deployment and de-risking of next-generation clean energy solutions.
Key quotes
· 2 pulledThe goal is to try and get some of these technologies closer to commercialization, and then we'd see costs shift down, like we did with solar and wind.
In a lot of the partnerships that have been established around some of these technologies, it's really the tech companies that are taking on a lot of the risk.
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