Distributed Energy Resources, Energy Efficiency, Industrial, Distributed Generation, Solar, Sourcing Renewables, Wind - May 16, 2016
GM moves into wind power on path to 125 MW renewable target by 2020
General Motors Co., which had a banner year for solar additions in 2015, is moving into wind power generation in 2016 with the execution of a power purchase agreement that will help power three of its facilities in Mexico and one in Texas.
, according to the company's 2015 sustainability report. That 115 million KWh of renewable energy, according to the report, will help GM avoid about $2.8 million in energy costs annually.
The wind power is attributable to GM's 65-MW power purchase agreement with Enel Green Power from its wind farm in Palo Alto, Mexico. GM’s total renewable portfolio, which includes solar, landfill gas, hydro and waste-to-energy, reportedly totals about 107 MW; the company is targeting 125 MW by 2020.
In the shareholder letter included in the report, Chairman and CEO Mary Barra reiterated that GM has saved more than $80 million to-date through switching to renewable energy.
In the area of energy efficiency, GM reported that it realized energy intensity improvements of 14% while carbon emission intensity decreased 15% since its 2010 baseline year. By 2020, GM hopes to have achieved a 20% reduction in both metrics against the 2010 baseline.
GM also touted itself as a leader in a number of external energy management programs, including the U.S. EPA Energy Star program and the Department of Energy's Better Buildings, Better Plants program.
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