Utilities, Commercial, Industrial, Solar, Sourcing Renewables, Wind - June 8, 2016
Amazon touts new, innovative agreement with Dominion for renewable energy
Amid the push for utilities to better understand and serve their large commercial and industrial customers' renewable energy needs, Amazon Inc. has pointed to a new agreement with Dominion Virginia Power as step in the right direction.
Amazon's cloud computing business, Amazon Web Services, or AWS, recently told the Rocky Mountain Institute that the new, first-of-its-kind "special rate agreement" with Dominion Resources Inc. utility subisidiary Dominion Virginia Power allows for greater flexibility for the wholesale market participation of AWS's investments in wind and solar projects. Dominion Virginia Power is the retail electric service provider for AWS's northern Virginia data centers.
The agreement, which was approved by Virginia's State Corporation Commission in January and is now live, includes any future Amazon contracts for renewable energy projects, RMI explained in a June 3 blog post.
"Our new contract with Dominion is yet another significant milestone that together with our various wind and solar projects, the many efficiency innovations in our data centers, and our advocacy efforts for renewable energy are helping to pave the way for AWS to meet our renewable energy goals for powering the AWS Cloud,” Jerry Hunter, vice president of infrastructure at Amazon Web Services said. "We also continue to innovate on programs with our power providers around the world to increase the use of renewable energy at lower costs. Dominion has been, and continues to be, a great partner in this effort.”
Under a separate agreement, according to RMI, AWS will also now pay a market-based retail rate that closely matches the wholesale market rates its renewable energy projects earn. RMI wrote:
[Dominion Virginia Power] wants to work with Amazon to provide more choices and accommodate its renewable energy goals and requirements. This arrangement provides AWS with a "one stop shop" to complement AWS's traditional electricity management with wholesale and renewable energy purchases.
A related proposal that would offer market-based rates to other qualifying Dominion Virginia Power customers with ambitious renewable energy goals is under review by the state commission, according to RMI. If approved, the group says it could "dramatically change the way that corporations enable large-scale renewable energy projects in Virginia, allowing them to work with their utilities to tailor solutions to the companies’ unique energy needs on the regional grid."
- Amazon announces 180 MW of new Virginia solar
- Mired in politics, Amazon wind farm fully operational
- Cheap hydro attracts Amazon data centers to Montreal
- Microsoft announces public-private partnership to build 20-MW solar project
- Amazon wind farm clears legal challenge in NC
Share this valuable information with your colleagues using the buttons below:« Back to News
Smart Energy Decisions' Renewable Energy
Sourcing Forum goes virtual
- 2020 Innovation Awards winners announced
- Clean charging exponentially optimizes EV efficiency
- GM's largest North America plant goes 100% solar-powered
- Trane Technologies targets carbon neutrality by 2030
- Facebook to power Ga. data center with solar
- Wells Fargo and Shell Energy team up on multi-project RE agreement
- Case Study: Corner Office shines as sustainability leader with rooftop solar + LED lighting installation
- eBook: How to Monetize Your Energy Assets
- Enhancing Sustainable Cities
- 2020 Corporate Energy and Sustainability Progress Report
- Virtual Innovation Summit: Cisco's Global Energy and Sustainability Journey