Global Energy Team — Strategy And Origination
Apple led the world in innovative solutions for renewable energy development by a commercial, non-energy company, and I was a central part of the team leading that effort.First we developed a strategy to guide how we develop and contract for renewable energy, initially for the United States and then globally, because different states and countries have different regulatory structures, each requiring a customized approach. Here’s that strategy.(i) Energy EfficiencyAlways start here! It has fast payback and low capital requirement. Optimized building controls, variable speed motors, static pressure resets, more and more sensors: it’s not photogenic and doesn’t grab headlines, but if you’re not continuously doing this, then you’re losing money. I worked on this in the early years, then handed it off to more talented teammates.(ii) Apple-created Renewable ProjectsThis is the heart of the strategy: creating new projects located in the same state and utility service area as Apple’s data centers and corporate campuses, or in the same regional grid as retail stores and other small energy use facilities—more on this below.(iii) Purchase from Existing ProjectsIf more renewables are needed, especially while the Apple-created projects are being built, then we’ll procure it from nearby projects using customized contracts, utility green programs, or REC purchases.With this strategy in hand, we contracted for new projects using innovative structures, including project ownership, equity investments, negotiated offtake agreements, new utility partnerships, as well as PPAs. Apple has 25 operational projects totaling 626 megawatts of generation capacity—and 15 more projects in construction. Once built, Apple will have 1.4 gigawatts of renewable generation spread across 11 countries.Below are highlights and innovations during Apple’s march to 100 percent renewable energy use. I was directly involved with these workflows in the early years, and lead them in recent years.