Energy Management Articles
Understanding Renewable Energy Agreements
Enel X presents a new eBook on renewable energy power purchase agreements (PPAs) and virtual power purchase agreements (VPPAs). In this eBook you’ll find explanations of contract structures, a case study of a recent VPPA project selection, best practices in soliciting proposals, a guide to cash flows in VPPAs, and more. Read this eBook now to find out more about these powerful tools that can help to reduce greenhouse gas emissions.
IFF Cuts Emissions 42% Since 2010
IFF announced May 13 that it achieved all its key sustainability targets set for 2020 and surpassed its emissions target by reducing greenhouse gas emissions 42.6% below 2010 levels.
University of New Mexico Adds New EV Charging Stations
The University of New Mexico will soon be tripling the electric vehicle parking spaces available on its campus through a new initiative by the Facilities Management Department (FM) and Parking & Transportation Services (PATS).
BMW Joins the Movement For a Circular Economy
BWM Group announced May 12 its ambition to reduce its carbon footprint by over 200 million tons of CO2 emissions by 2030.
CEOs Call For $500 Million Dedicated to Hydrogen Infrastructure
Executives from 25 multi-national companies signed a joint letter to California Governor Gavin Newsom on May 14 to call for a $500 million investment in hydrogen infrastructure in the state. The companies urge the Governor to allocate funding through the state’s Clean Transportation Program specifically to serve the light-duty, transit, and heavy-duty vehicle markets.
Weekend Reads: Debunking ESG Myths; US Moves Forward With Massive Offshore Wind Farm
It's the weekend! Kick back and catch up with these must-read articles from around the web.
SED’s June RE Forum Sells Out; Second-Half 2021 Events Firmed Up
Smart Energy Decisions’ Summer Renewable Energy Forum is set to take place June 7-10 with a full roster of renewable energy buyers from almost 60 large power users and two dozen leading industry suppliers led by Presenting Sponsor NRG, who will convene on SED’s Virtual EventHub with the goal of “Collaborating for a Net Zero Future.”
Intel Sets its Sights on 2030 Energy Goals
Intel increased its renewable energy use to 82% last year from 71% the year before and announced a list of other achievements and goals in its new Corporate Responsibility Report.
Starbucks Commissions Community Solar Projects for New York State
The first six of up to 23 community solar projects in New York commissioned by Starbucks Coffee Company are now up and running, representing some of the first such community solar projects in the state.
Smart Energy Voices Podcast - Episode 34: Decarbonizing with Integrated Energy Management
In this important episode of Smart Energy Voices, host John Failla speaks with Scott Hart, Vice President and General Manager of NRG Business - Texas to discuss how integrated energy supply and demand management strategies, including the deployment of DERs, can effectively help large power users achieve their decarbonization goals. NRG has been actively involved in working with customers on integrated energy management programs. You’ll learn a lot from this timely conversation.
JPMorgan Chase Aligns Financing with Paris Agreement, Achieves Carbon Neutrality
JPMorgan Chase announced on May 13 steps it is taking to align its financing activities with climate goals of the Paris Agreement. The firm also announced it has achieved carbon neutrality and has established new operational goals.
Cleveland Advances With Solar Installation Initiative
The City of Cleveland, Ohio, is moving forward with a plan to install solar panels at 15 sites around the city to provide power to city-owned buildings and save more than $1.1 million in electricity costs over 25 years.
Connecticut C-PACE Program Spurs $200M in Investments
The Connecticut Green Bank surpassed $200 million in clean energy investment in local businesses through the state's Commercial Property Assessed Clean Energy (C-PACE) program.
Hexion Announces Greenhouse Gas Emission Reduction Commitment
Hexion Inc. announced its commitment to reduce carbon emissions by 20% by 2030 from a 2017 baseline to address climate change.
JBS Foods Powers Illinois Plant With C-PACE Funded Solar
JBS Foods USA in Illinois is saving approximately $250,000 a year in energy costs because of its solar projects funded through the state's C-PACE program.
Scope 1, 2 and 3 Emissions: What to Address First in Your GHG Reduction Journey
More businesses are auditing their greenhouse gas (GHG) emissions sources to find areas of improvement in order to comply with statewide clean energy regulations and to meet ESG goals to attract investors. In this article, Constellation advises starting the process by understanding Scope 1, 2, and 3 emissions.
Kellogg Company Prices Its First Sustainability Bond
Kellogg Company has announced its pricing of a EUR 300 million 8-year Sustainability Bond. The food company’s inaugural sustainability bond, this bond has an interest coupon of 0.50% per annum.
Amazon Issues $1B Sustainability Bond
Amazon has issued a $1B Sustainability Bond, whose proceeds will fund sustainability and social projects.
Caterpillar Announces 2030 Sustainability Goals, Reports ESG Progress
Caterpillar, Inc. announced on May 11 new sustainability goals centered around climate, environment, and safety. Among the goals to achieve by 2030 in operations energy and emissions: a science-based Scope 1 and 2 goal to reduce absolute GHG emissions from its operations by 30% from 2018 to 2030.
Hawaii’s Big Island Also Big On Renewable Energy
Thanks to three large solar projects, Hawaii Island – also known as the Big Island - may be the first in the state to hit 100% of its renewable energy goal, hitting that mark by 2023 and reaching 110% by 2024, according to the Hawaiian Electric Company.
Solar Canopies Top Downtown Long Beach Parking Areas
Construction of solar canopies is underway at three downtown Long Beach, California, public parking locations. This project is the first of two phases for the City of Long Beach's solar energy PPA with PFMG Solar Long Beach, LLC, which will place a total of 10 solar installations at various public facilities throughout Long Beach.
Engie North America Powers Houston HQ With Texas Wind
ENGIE North America announced on May 11 that its Houston headquarters is now under contract to use 100% renewable energy from its own Live Oak wind project in Texas.
Bed Bath & Beyond Commits to Net Zero by 2040
In its first comprehensive environmental, social and governance (ESG) strategy, Bed Bath & Beyond has set a 2040 target of net zero emissions.
ACI Challenges Cleaning Products Industry: Net Zero Emissions by 2050
The American Cleaning Institute (ACI) has challenged cleaning product companies to align their operations with the Paris Climate Agreement, achieving net zero emissions by 2050. So far, at least fifteen cleaning product suppliers have risen to the challenge by making science-based climate commitments.
HSBC to Offer Green Deposits for Commercial Clients
HSBC Bank USA has introduced Green Deposits for businesses. These deposits give commercial clients the option to support decarbonization initiatives with their cash reserves.
Lilly Announces Carbon Neutrality Goal
To celebrate Eli Lilly’s 145th anniversary, the medical company has committed to Scope 1 and 2 carbon neutrality - including the use of 100% renewable energy - by 2030. This target builds on its 2020 success of reducing GHG emissions intensity by 22.2% (compared to 2012).
University of Notre Dame Boosts Sustainability with St. Joseph’s Solar Power
Clean solar energy is now flowing from the new 20-megawatt St. Joseph's Solar Power Farm, located eight miles from the University of Notre Dame. The solar project results from a partnership with Notre Dame, American Electric Power (AEP), and Indiana Michigan Power (I&M).
Weekend Reads: Rising Electricity Demand in Virginia; The Logistics of Airport Solar Farms
It's the weekend! Kick back and catch up with these must-read articles from around the web.
Smart Energy Voices Podcast - Episode 33: Managing Data on the Road to Net Zero
In this episode of Smart Energy Decisions, host John Failla speaks with Adam Kramer, former Vice President of Strategy at Switch and current CEO of sustainability and energy start-up Ledger8760. They discuss Adam’s role in helping Switch achieve 100% renewable energy and his new position at Ledger8760. Listen as Adam addresses the need for accurate data in order to successfully set and achieve sustainability goals.
Setting Records, Walmart Continues Moving Toward Becoming a Totally Renewable Business
Doing what’s right for the future of our planet means making major change. That’s why Walmart has committed to becoming a regenerative company powered by 100% renewable energy in its operations by 2035. In this column, Mark Vanderhelm, VP of Energy and Facilities Management, explains how Walmart is setting an example for what one company can do to move toward a cleaner future.
