ACORE promotes expansion of the renewable energy marketplace through our programs, publications, events and communications. Outlined below are the four cross-cutting areas through which we engage our membership to enhance industry opportunities and reduce market barriers.
Grid Integration & Storage
ACORE works to promote policies, market reforms and financial structures that facilitate integration of renewable energy at high-penetration levels, and incentivize the use of energy storage and other enabling technologies. Key target audiences for our work include the Federal Energy Regulatory Commission (FERC), wholesale markets (ISOs and RTOs), bilateral markets, federal and state government agencies, utilities and conventional power groups.
- Analysis and outreach in support of federal and state actions to promote modernization and expansion of the electrical grid, including engagement at FERC, and in strategically important electricity markets.
- Monthly, member-only teleconferences and periodic events that serve as platforms for members to interact with regulatory officials, senior executives from wholesale markets and other power market experts on topics such as regional integration, energy storage, resiliency and related matters.
The growing purchase of renewable energy by corporate and industrial (C&I) end users is fundamentally remaking the model for electric power sales in the U.S. To accelerate this trend, ACORE taps our extensive network of leading renewable financiers, developers, power generators and corporate consumers.
- Host round-tables with members, end-users, and relevant sustainability, finance and energy stakeholders to seek pathways for addressing common challenges for corporate renewable energy use.
- Promote strategically important federal and state policies that facilitate corporate procurement including, for example, efforts to reverse state policies that bar third-party sales or purchase of electric power.
- Produce reports that address established and innovative financing structures for renewable energy procurement and current market dynamics.
National Defense & Security
Over the past decade, the U.S. Department of Defense (DoD) has increasingly relied on renewable energy to improve national energy security, enhance readiness, and ensure reliable and resilient power for critical domestic functions and forward operations.
ACORE has been a trusted partner for DoD in working to help smooth the transaction space for renewable energy procurement and increase sales of renewable energy and energy storage in support of the military’s mission.
- Connect the renewable energy industry with key leadership at DoD to support workable contract terms, unlock capital for third party financing, and develop methodologies to monetize the value of energy security.
- Conduct industry research and education to help assign a dollar value to energy security, thus better accounting for the improved lifecycle costs of secure renewable energy technologies.
- Produce resource guides with lessons learned and case studies on developing third-party-owned renewable energy at military installations.
- Facilitate networking, training events, and the development of best practice recommendations. Our past work includes:
- Providing venues through which the renewable industry can provide feedback on standard military contracts for power purchase agreements.
- Assisting DoD efforts to make their RFP process more efficient by identifying important site information to share with bidders.
- Helping to train military acquisition and procurement personnel on industry financing structures, contracting, and innovative ways to bundle projects.
Continuing growth in U.S. renewable energy investment is important to maintaining our leadership role in a booming global industry that was pioneered by American scientists and engineers. Globally, renewable power attracted $334 billion in private investment in 2017 alone, and over $2.9 trillion since 2004. ACORE’s long track record of international work has focused on encouraging information exchange, providing documentation and analysis of policy and financial mechanisms that can help grow countries’ renewable energy sectors, and promotion of a global business environment conducive to renewable energy growth.
Through our vast network of financiers, developers, policymakers, advocacy groups, end users, and international organizations, we focus on facilitating collaborations in the private and public sectors to increase renewable energy partnerships between the U.S. and other countries and regions.
- Facilitate introductions and collaborations in the private and public sectors to increase international renewable energy partnerships.
- These partnerships cover a range of international and multilateral organizations that focus on advancing renewable energy globally or in specific regions, including the U.S. Department of State, International Renewable Energy Agency (IRENA), Renewable Energy and Energy Efficiency Partnership (REEEP), Renewable Energy Network for the 21st Century (REN21), World Council for Renewable Energy (WCRE) and the Indian Renewable Energy Federation (IREF).
- Convene events focused on the policies, financial trends, market strategies, and technologies shaping renewable energy markets around the world. Past events have taken the form of seminars, discussion roundtables, webinars, and networking receptions.
- Produce reports on renewable energy markets, policies and finance in specific countries and regions. Past reports include Renewable Energy in Sub‐Saharan Africa, the US‐China Market Review series, Renewable Energy in Latin America & the Caribbean, and Renewable Energy at Scale in the U.S. and Europe: Lessons Learned & Best Practices.