Potential offtaker

State of Rhode Island

www.ri.gov

Estimated electricity consumption

N/A

Countries of production presence

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The State of Rhode Island is a regional government entity that operates within the United States of America. The state is located in the northeastern part of the country and is known for its beautiful coastline, historic landmarks, and vibrant culture. The State of Rhode Island is committed to decarbonisation and has taken significant steps to reduce its carbon footprint and promote renewable energy.

The State of Rhode Island has set ambitious goals to reduce greenhouse gas emissions and promote renewable energy. The state has committed to reducing its greenhouse gas emissions by 45% below 1990 levels by 2035, and to achieve net-zero emissions by 2050. To achieve these goals, the state has implemented a range of policies and initiatives, including the promotion of renewable energy, energy efficiency, and the electrification of transportation.

One of the key initiatives of the State of Rhode Island is the promotion of renewable energy. The state has set a goal to achieve 1,000 MW of renewable energy by 2020, which will help to reduce greenhouse gas emissions and promote sustainable development. The state has implemented a range of policies and incentives to promote the development of renewable energy, including tax credits, grants, and loan programs.

The State of Rhode Island is also committed to promoting energy efficiency and reducing energy consumption. The state has implemented a range of policies and initiatives to promote energy efficiency, including the adoption of energy-efficient building codes, the promotion of energy-efficient appliances, and the implementation of energy-efficient lighting systems. These initiatives have helped to reduce energy consumption and save consumers money on their energy bills.

In addition to promoting renewable energy and energy efficiency, the State of Rhode Island is also committed to decarbonising its energy supply. The state has implemented a range of policies and initiatives to reduce the carbon intensity of its energy supply, including the promotion of electric vehicles, the development of offshore wind energy, and the implementation of carbon pricing mechanisms. These initiatives will help to reduce greenhouse gas emissions and promote sustainable development.

The State of Rhode Island is also committed to promoting corporate energy and has implemented a range of policies and initiatives to encourage businesses to adopt renewable energy and energy-efficient practices. The state has implemented a range of tax credits, grants, and loan programs to support the adoption of renewable energy and energy-efficient practices by businesses. These initiatives have helped to reduce the carbon footprint of businesses in the state and promote sustainable development.

One of the key initiatives of the State of Rhode Island to promote corporate energy is the implementation of corporate power purchase agreements (PPAs). Corporate PPAs are agreements between businesses and renewable energy developers to purchase renewable energy at a fixed price for a set period of time. These agreements provide businesses with a stable and predictable source of renewable energy, while also helping to promote the development of renewable energy projects.

The State of Rhode Island has implemented a range of policies and initiatives to promote the adoption of corporate PPAs by businesses. The state has established a regulatory framework that allows businesses to enter into PPAs with renewable energy developers, and has also implemented a range of financial incentives to support the adoption of PPAs by businesses.

Overall, the State of Rhode Island is committed to promoting sustainable development and reducing its carbon footprint. The state has implemented a range of policies and initiatives to promote renewable energy, energy efficiency, and decarbonisation, and is committed to achieving its ambitious goals to reduce greenhouse gas emissions and promote sustainable development. With its commitment to renewable energy and energy efficiency, the State of Rhode Island is leading the way in promoting sustainable development and reducing the impact of climate change.

✓ Current offtaker under Corporate PPA's