pep+ REnew aims to accelerate the adoption of renewable electricity and create a more resilient and carbon-efficient food system. As one of the first collaborations of its kind, and first in the food and beverage industry, pep+ REnew will help PepsiCo value chain partners access renewable electricity.
Specifically, pep+ REnew is designed with two goals: 1) Educate PepsiCo’s value chain partners about their renewable electricity choices, and 2) quicken the transition to renewable electricity through aggregate power purchase agreements (PPAs) and other options. By creating greater access to large-scale renewable electricity, the initiative aspires to add more renewable electricity capacity to power grids, where able.
How it works:
Step 1: Register
First, indicate your interest in the program by clicking the Register tab on this website. Registering at this stage only indicates that your organization is interested in learning more. There is no obligation or cost to participate.
Step 2: Connect
Shortly after registration, you will be contacted by a member of the Schneider Electric pep+ REnew team. After your status as a value chain partner with PepsiCo has been verified, you will receive an invitation to a short onboarding call. During the call, a member of the Schneider Electric team will learn more about your organization’s electricity profile and objectives.
Step 3: Learn
You will then be provided access to the pep+ REnew Education Portal. This portal contains materials designed to help you and your organization learn more about your renewable electricity options and to answer questions such as: What are the fundamentals of renewable electricity procurement? How can value chain partners unify to secure competitive electricity prices while demonstrating climate leadership? In addition to online educational resources, the Schneider Electric team will deliver a series of curated educational webinars covering key internal considerations and market factors relevant to renewable electricity adoption.
Step 4: Act
Once you complete the renewable electricity curriculum, your company and the Schneider Electric team will determine whether continued participation – in an aggregated procurement program or other procurement options – is the right fit. If yes, you can explore the feasibility of a PPA individually or alongside other participating value chain partners via a buyers’ cohort, or another option.