Smart Energy Decisions News

It’s not common to see a company that’s heavily vested in a particular segment of any industry make a 180-degree turn that is designed to eliminate the need for its original area of focus. It’s even more uncommon for that company to become the leader in its new niche. That’s the story of Ørsted, a Denmark-based Oil Giant that has made the transition to renewable energy like few other companies. Joining SEV host John Failla on this episode is Melissa Peterson, VP of Origination and Power Marketing at Ørsetead North America.

Empire State Realty Trust (ESRT), a real estate company focusing on retail properties in Manhattan, announced on Feb. 3 that, after its latest contract, it now has enough wind energy to power its entire 10.1 million-square-foot commercial portfolio.

The BMW Group announced on Feb. 2 that it will begin sourcing aluminum produced using solar electricity. This marks an important milestone on the road to the company’s goal of lowering CO2 emissions in its supplier network by 20% by 2030.

UK grocery chain Sainsbury’s announced on Feb. 3 that it plans to significantly reduce GHG emissions with approved science-based targets in its operations and across the supply chain.

Aramark announced on Feb. 2 that it has committed to reducing greenhouse gas emissions 15% by the end of 2025 (from its 2019 baseline) in the United States, thus decreasing its carbon footprint.

Coal is on track to disappear from the U.S. power grid by 2033 as the push for a carbon-free electricity system gains strength. The fossil fuel will be supplanted largely by renewables, which will supply 39% of U.S. electricity in 2030 and 55% in 2035

The City of Houston, Texas, announced on Feb. 1 that bp and Uber will work together to deploy bp’s rapid EV charging hubs in the city to help Uber drivers make the transition to EVs.

Bloomberg LP announced Feb. 3 it has committed to achieve net zero carbon emissions by 2025, the same year as the company's existing target to reach 100% renewable energy.

Ares Management Corporation announced Feb. 2 that it has acquired a 302 MW wind project in Illinois that will provide clean energy to McDonald's and Facebook.

A set of solar projects that will provide clean energy to MCE, California's first Community Choice Aggregation Program, began commercial operation last week.