Energy Management Articles | Page 380

Revel, the electric mobility company, plans to enhance the resilience of New York City’s grid and optimize the charging of its electric mopeds through participation in a virtual power plant.

General Electric announced in a new sustainability report its ambition to be carbon neutral in Scope 1 and 2 emissions by 2030 and fully net-zero, including Scope 3 emissions from the use of its sold products, by 2050.

Barings recently announced its intention to achieve net-zero emissions by 2030 and plans to fully offset emissions beginning from the start of 2021.

Yamaha Motor Co. announced plans to achieve full carbon neutrality across all business activities, including the life cycles of its products, by 2050.

Nucor Corporation plans to reduce the emissions intensity of its steel mills 77% through the execution of emissions reduction strategies.

Price Chopper/Market 32 expects to reduce its energy costs by $2 million annually through a new energy efficiency project implemented in five Connecticut retail locations.

An outstanding roster of keynote speakers is set for Smart Energy Decisions’ Virtual Distributed Energy Forum, September 13-15 online at SED’s Virtual EventHub. These exclusive executive keynote sessions, buyer-only preconference roundtables, and one-to-one meetings between buyers and suppliers will bring industry leaders together to explore the theme, “DER’s Role in Your Sustainability Strategy”.

IBM announced a new target to source 75% renewable electricity by 2025 and 90% by 2030 on its way to achieving net-zero emissions by 2030.

The U.S. Department of Energy (DOE) announced July 14 a goal to reduce the cost of grid-scale, long duration energy storage by 90% over the next ten years.

PepsiCo Mexico announced It reached its goal to use 100% renewable electricity in all operations in the country six months ahead of schedule.