Energy Management Articles | Page 35

Murphy Oil Corporation announced it lowered GHG emissions intensity by 37%, reduced methane intensity by 51% and reduced flaring intensity by 66% from 2019 to 2023.

In this episode of Smart Energy Voices, host Debra Chanil welcomes Luke Penne, Senior Business Development Manager at Constellation Energy, in an interview from the 2024 Renewable Energy Forum, “The Continued Evolution of Offsite Renewable Purchasing.” This insightful episode covers recent developments in offsite renewable purchasing, including factors affecting the rising prices of power purchase agreements (PPAs), the importance of more impactful renewable purchases, and increasing demand for PPAs and integrated solutions as companies face challenges in meeting their 2025 and 2030 sustainability goals.

Meadow Ridge, a luxury continuing care retirement community in Redding, Connecticut, announced it has broken ground on a new solar installation.

L3Harris Technologies announced it plans to reduce greenhouse gas emissions by 60% by 2030 from a 2021 performance baseline and committed to sourcing 40% of its total electricity from renewable sources in the same timeframe.

Hyundai Engineering Co., Ltd. announced it will deploy solar in the Hill county area of Texas.

The LYCRA Company, a global sustainable fiber and technology solutions company for the apparel and personal care industries, announced that the Science Based Targets initiative (SBTi) approved its near-term science-based emissions reduction targets.

Three park districts in Illinois will deploy a 1.54-MW portfolio of rooftop solar projects.

Tech company Microsoft entered a partnership to develop up to 500 megawatts (MWac) of community-scale solar energy projects across the United States between 2025 and 2029.

Hormel Foods Corporation, a Fortune 500 global-branded food company, announced its science-based targets were validated by the Science Based Target Initiative (SBTi), formalizing the company's 2030 emissions reduction targets for Scope 1, 2 and 3 emissions.