Through a renewable electricity buyer consortium, Ocean Breeze Energy GmbH & Co. KG GmbH (Ocean Breeze) has executed virtual power purchase agreements with Cargill and Mars until 2030. Trio is proud to have worked with Cargill and Mars on the Ocean Breeze agreement, facilitating the VPPA process and providing support across PPA strategy, sourcing, contract analysis and negotiation. Starting in September 2024, Ocean Breeze’s BARD Offshore 1 wind turbines will transition to a fixed price regime through the VPPA involving Mars and Cargill, enabling continued green electricity production without feed-in tariffs. This 6.3-year agreement will provide significant clean energy to…

This post by Jeff Bolyard, Principal, Energy Supply Advisory, is featured in our March 2024 Monthly Monitor, which includes articles and analysis for the natural gas, electric, crude oil, and sustainability markets. To read the full newsletter, click here. To sign up for the Monthly Monitor distribution list, click here. “Back in the day” is a term that refers to a past period of time – often many years ago – that generally describes how things used to be. Natural gas production strategies back in the day were very different from what they are today. Long gone is the…

This post by Jeff Bolyard, Principal, Energy Supply Advisory, is featured in our March 2024 Monthly Monitor, which includes articles and analysis for the natural gas, electric, crude oil, and sustainability markets. To read the full newsletter, click here. To sign up for the Monthly Monitor distribution list, click here. “Back in the day” is a term that refers to a past period of time – often many years ago – that generally describes how things used to be. Natural gas production strategies back in the day were very different from what they are today. Long gone is the…

Today’s clean energy buyers have many considerations in responsibly sourcing electric energy and environmental attributes from new wind and solar energy projects for their organizations. Among the various considerations, buyers must carefully evaluate risks associated with specific clean energy projects, as well as familiarize themselves with their unique property and casualty insurance requirements. Ultimately, organizations interested in purchasing clean energy should be able to identify the following: Impact of rising costs of property and casualty insurance on power purchase agreement (PPA) rates in most U.S. markets The role of natural disasters and upstream pressures from reinsurance carriers in driving premium…

Stay in the know with Trio’s Pulse on Policy series, covering the latest in global legislation and regulation that impact corporate procurement plans and sustainability goals.  After nearly a year of deliberation, the U.S. Environmental Protection Agency (EPA) released the final rules for light and medium-duty vehicle and heavy-duty vehicle emissions standards on March 20 and 29, respectively. The preliminary rules for each sector were by far the strictest emissions standards to date. Even with modest modifications meant to ease the requirements, the final rules will ultimately require automakers to put more clean vehicles on the road, reducing emissions…

Stay in the know with Trio’s Pulse on Policy series, covering the latest in global legislation and regulation that impact corporate procurement plans and sustainability goals.  After nearly a year of deliberation, the U.S. Environmental Protection Agency (EPA) released the final rules for light and medium-duty vehicle and heavy-duty vehicle emissions standards on March 20 and 29, respectively. The preliminary rules for each sector were by far the strictest emissions standards to date. Even with modest modifications meant to ease the requirements, the final rules will ultimately require automakers to put more clean vehicles on the road, reducing emissions…

The transportation sector stands as a formidable contributor to greenhouse gas emissions. Amid this challenge, electric vehicles (EVs) are emerging as a cleaner alternative. However, the widespread adoption of EVs relies heavily on three pivotal factors: a dependable energy supply, a steadfast commitment to clean energy sources, and a manageable cost to truly support decarbonization goals. This is where Trio steps in. As a trusted advisor within the energy and transportation sector, Trio excels in guiding organizations through the intricacies of energy procurement, playing a vital role in expediting the transition towards cleaner transportation solutions. Beyond the Charge: Trio’s Approach…

Welcome to On the Job Safety with Trio. We’re happy to share these key tips on fire protection from our Director of Environmental Health & Safety, Steven Verdi. Fire Protection Fire protection on a construction site is highly important for ensuring the safety of workers, neighboring properties, and the environment. This protection includes implementing fire prevention measures such as proper storage of flammable materials, regular inspection and maintenance of electrical equipment, and adherence to local fire safety regulations. Additionally, potential risks can be reduced by having adequate firefighting equipment such as fire extinguishers, hoses, and sprinkler systems readily available. Proper training…

Welcome to On the Job Safety with Trio. We’re happy to share these key tips on fire protection from our Director of Environmental Health & Safety, Steven Verdi. Fire Protection Fire protection on a construction site is highly important for ensuring the safety of workers, neighboring properties, and the environment. This protection includes implementing fire prevention measures such as proper storage of flammable materials, regular inspection and maintenance of electrical equipment, and adherence to local fire safety regulations. Additionally, potential risks can be reduced by having adequate firefighting equipment such as fire extinguishers, hoses, and sprinkler systems readily available. Proper training…

The transportation sector stands as a formidable contributor to greenhouse gas emissions. Amid this challenge, electric vehicles (EVs) are emerging as a cleaner alternative. However, the widespread adoption of EVs relies heavily on three pivotal factors: a dependable energy supply, a steadfast commitment to clean energy sources, and a manageable cost to truly support decarbonization goals. This is where Trio steps in. As a trusted advisor within the energy and transportation sector, Trio excels in guiding organizations through the intricacies of energy procurement, playing a vital role in expediting the transition towards cleaner transportation solutions. Beyond the Charge: Trio’s Approach…