CEBA: Energy Customers Announce Record-High of Nearly 17 GW of Clean Energy in 2022, Despite Policy and Market Challenges
Amazon tops the list for the third consecutive year;
General Motors achieves second highest annual deal volume for the company
Washington, D.C. (February 6, 2023) — The Clean Energy Buyers Association (CEBA) announces the release of its annual Deal Tracker Top 10 list, showcasing the leading energy customers advancing the clean energy transition through their voluntary procurement of clean energy in the United States.
In 2022, commercial and industrial energy customers announced a record-breaking 16.9 gigawatts (GWs) of new clean energy deals, with Amazon clinching the top spot once again. Among those customers, 54% were new to the market, with 37 companies announcing their first clean energy deals, reflecting a deep commitment to decarbonization given the navigation of added complexities due to market uncertainty.
“The transition to clean energy is full steam ahead, and the CEBA member community is at the helm, fast-tracking 92% of contracted clean energy capacity totaling 64.5 gigawatts since 2014,” said CEBA CEO Miranda Ballentine. “Three years ahead of schedule, we hit a significant milestone established to accelerate decarbonization, a true testament to the strength of energy customer demand for carbon-free energy.”
2022 CEBA Deal Tracker Top 10
|Ford Motor Company*||650 MW|
|General Motors||370 MW|
|INEOS Olefins & Polymers*||310 MW|
*Company is not a CEBA member
The CEBA community’s original goal to catalyze 60 GW of new clean energy by 2025 was thought to be an aspiration far out of reach. However, energy customer demand and collaboration with industry peers has influenced the transformation of the energy market, increasing access to clean energy through innovative contracting mechanisms, public-private partnerships, and policy advocacy.
“In 2022, we continued to grow our renewable energy portfolio, expanding to 401 renewable projects in 22 countries across the world. We’re proud to be investing in clean energy projects that allow us to decarbonize our business and address the impacts of climate change,” said Charley Daitch, director of energy and water at AWS. “As we continue on our path to power our business operations with 100% renewable energy by 2025, we’re grateful for this recognition from CEBA and its continued leadership in building a global community of clean energy buyers dedicated to clean energy access for all.”
More energy customers than ever before participated in the clean energy market announcing a total of 148 deals in 2022. While the information technology sector continued to lead the way, representing more than 50% of the market by volume, the automotive sector had a strong showing, announcing 1.6 GW of clean energy deals. CEBA Leadership Circle Member GM landed in the Top 10 again, marking the second-highest annual deal volume for the company, and in continuation of meeting ambitious targets ahead of schedule, announced finalization of energy agreements required to secure 100% of the energy needed to power all its U.S. facilities by 2025.
While observing the largest year-over-year increase in announced clean energy deals recorded, CEBA members have utilized strategic partnerships with industry partners to advance their clean energy goals. Meta — a four-time Top 10 alum — has announced a total of 8.7 GW of capacity and is a leader in utility engagement, with 47% of its deal volume achieved through green tariffs. In 2022, Verizon — a three-time Top 10 alum — announced that its portfolio of clean energy deals had grown to 2.6 GW of capacity.
Energy customers, many of whom are members of the Clean Energy Buyers Association (CEBA), have championed clean energy procurement since the 2008 announcement of the first renewable energy project in the United States. As widespread support for the clean energy transition continues to grow among businesses as well as federal and international stakeholders, the CEBA community will be at the helm of fostering expertise and collaboration to deploy solutions for a carbon-free energy system. Join us.
The CEBA Deal Tracker is a unique tracking mechanism that focuses on U.S.-based utility-scale corporate procurement. The annual CEBA Deal Tracker Top 10 list features the top companies, or energy customers, leading clean energy procurement. You can download the full CEBA Deal Tracker here.