Energy Management Articles
Orange Launches Carbon Fund
Telecommunications operator Orange announced the creation of Orange Nature, a €50 million carbon fund, with returns in high-quality carbon credits only.
The Dream Companies Set 2035 Net Zero Goal
The Dream group of companies set a net zero GHG emissions goal of 2035 as part of its 2020-2021 Sustainability Report that includes its plans for Environmental, Social and Governance,, and impact investing.
Connect Airlines Creates First Zero-Emission Airline
Startup airline Connect Airlines announced it has signed a letter of intent for new green-energy propulsion that will enable the company to become the first zero-emission US-based airline in three years.
Renewable Microgrids
Power outages are on the rise and grid resiliency is a growing concern, while an aging grid infrastructure complicates system management. This white paper from Shell Energy explores an exciting opportunity to rethink the grid: renewable microgrids, a DER solution that can support grid resiliency while helping to protect individual facilities against outages.
Toyota Plans New Automotive Battery Plant
Toyota Motor North America’s executives announced the company chose Greensboro-Randolph Megasite as the location for Toyota’s new $1.29 billion automotive battery manufacturing plant.
Steel Industry Use of Hydrogen Could Avoid Carbon Emissions
Steel production could occur without any carbon emissions if the industry spends $278 billion by investing in hydrogen and recycling by 2050, according to a report by BloombergNEF (BNEF).
Walmart Sets Science-based Targets for Suppliers
Walmart announced the creation of a supply chain finance program that will lower GHG emissions reductions through CDP’s TCFD-aligned disclosures, but uses science-based targets for the first time.
Canadian Government to Spend $200 Million on GHG Emissions Reduction
Canada’s Minister of Environment and Climate Change announced that applications are now being accepted for the Nature Smart Climate Solutions Fund, which will make $200 million available over the next five years to help organizations and individuals reduce Canada’s GHG emissions
AB InBev to Lower Carbon Emissions by 25% by 2025
Anheuser-Busch InBev (AB InBev) has set a new goal to achieve net zero by 2040.
Bank of America Issues Second Equality Progress Sustainability Bond
Bank of America announced the issuance of its second Equality Progress Sustainability Bond for $2 billion.
ExxonMobil Plans For Net Zero Emissions in Permian Basin
ExxonMobil said it plans to achieve net zero GHG emissions from operated assets in the Permian Basin in the U.S. by 2030.
Kroger Plans to Sell Carbon-Neutral Eggs
The Kroger Co. and Kipster Farms, a Netherlands-based egg production system, announced a strategic partnership to bring the world's first carbon-neutral, cage-free eggs to retail shelves in the U.S.
California CCAs Issue $2 Billion Municipal Clean Energy Bonds
Three Community Choice Aggregators (CCAs) issued California's first ever municipal non-recourse Clean Energy Project Revenue Bonds through the California Community Choice Financing Authority (CCCFA).
British Airways and Phillips 66 Sign Agreement for Sustainable Aviation Fuel Supply
British Airways signed a multi-year agreement with Phillips 66 Limited to use sustainable aviation fuel produced in the U.K.
Beyond the Meter - Episode 17: Collaborating to Drive Diversity in Clean Energy
In this episode, host John Failla is joined by Darrell Booker, Corporate Affairs Specialist leading the Nonprofit Tech Acceleration Program for Black and African American Communities (NTA) at Microsoft Philanthropies, Cheryl Comer, Senior Strategic Account Manager - Duke Energy, and Tracy Woods, VP, Operations - American Association of Blacks in Energy (AABE), to talk about their collaborative efforts on the recently created Diversity in Clean Energy (DiCE) initiative.
New Mexico Gas Co Partners to Build Clean Hydrogen Hub
BayoTech, Inc., a hydrogen distributor, announced an agreement with New Mexico Gas Company to deploy a new hydrogen production facility in Albuquerque.
Union Pacific Commits to Net Zero By 2050
Union Pacific Railroad announced its first climate action plan outlining its approach to achieving net zero GHG emissions by 2050.
H2 Green Steel and Iberdrola Launch €2.3 Billion Green Hydrogen Venture
The Swedish green impact company H2 Green Steel (H2GS) and Iberdrola, a renewable energy company with headquarters in Spain, announced a partnership to build a 1-gigawatt plant to produce green hydrogen.
Weekend Reads: Utilities Helping Cities Meet EV Goals; Has Carbon Capture Moved Past its False Starts?;
It's the weekend! Kick back and catch up with these must-read stories from around the web:
Hewlett Packard Enterprise to Build Supercomputer for Renewable Power
Hewlett Packard Enterprise announced that it was selected by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) to build a new supercomputer for renewable power.
2021 Renewable Energy Market Analysis
Renewable energy continues to be an attractive option for many organizations, especially for those looking for a solution that’s good for the environment and good for business. NRG Trading Advisors developed a report that discusses the benefits of a patient approach to the market while near-term uncertainty subsides.
Smart Energy Voices - Episode 54: Clean Energy Dealmaking
In this episode of Smart Energy Voices, host John Failla is joined by Mona Dajani, Global Co-Head of Energy, Infrastructure, Mobility, Renewables & Water at Pillsbury Winthrop Shaw Pittman LLP. Mona is a prolific dealmaker in the renewable energy space and is a highly regarded, well-recognized attorney. You’ll find her extensive experience and unique perspective enlightening. Listen to learn more.
SpartanNash Eliminates 10% of Fleet Mileage, Lowering GHG in 2022
Food solutions company SpartanNash is reducing the company’s carbon footprint in 2022 through an annual fleet mileage decrease in excess of seven million miles, representing 10% of total fleet mileage.
Cabot Sets Goal of Net Zero Carbon Emissions by 2050
Cabot Corporation, a specialty chemicals company. announced it plans to achieve net zero emissions by 2050.
Vontier Commits to 45% GHG Emission Reduction
Vontier Corporation, an industrial technology company, announced its commitment to reduce Scope 1 and 2 GHG emissions 45% by 2030 from a 2020 base year.
Dominica Sells Carbon Credits to Switzerland
The Commonwealth of Dominica has approved a bilateral agreement with Switzerland, enabling Dominica to sell its carbon credits to help Switzerland meet its Paris Agreement emissions pledge.
United First Airline Flew Aircraft Using 100% Sustainable Fuel
United Airlines became the first commercial carrier in aviation history to fly an aircraft full of passengers using 100% sustainable aviation fuel (SAF).
Florida Blue Uses Solar to Reduce Carbon Footprint
Florida Blue, the state's Blue Cross Blue Shield plan, announced it expects to reduce its carbon footprint by at least 50% by making its headquarters and other Jacksonville facilities 100% solar powered.
ExxonMobil to Spend $15 billion on GHG Emission Reduction Projects
ExxonMobil said it plans to increase spending to $15 billion on GHG emission-reduction projects over the next six years while adding more aggressive plans for Scope 1 and Scope 2 projects through 2030.
Amazon Invests in 18 European and US Renewable Energy Projects
Amazon announced 18 new utility-scale wind and solar energy projects across the U.S., Finland, Germany, Italy, Spain, and the U.K., totaling 5.6 gigawatts of procured capacity in 2021.
