Sourcing Renewables | Page 259

As Microsoft Corp. in Washington state moves its renewable energy purchasing from its utility to the open market, it will pay a $24 million transition fee, director of sustainability policy Michelle Patron said in a recent TV interview.

In its 2016 corporate sustainability report, Target announced that it reduced energy intensity in stores by 2.32% since 2010 and achieved Energy Star certification in 76% of its buildings.

In 2016, IBM made significant strides in reducing its energy use and carbon emissions through a series of energy conservation projects that delivered annual savings equal to 5.3% of its total energy use, according to its newly released 2016 sustainability report.

This report by the Lawrence Berkeley National Laboratory provides an annual update on the U.S. renewables portfolio standard, including recent legislative revisions, key policy design features, compliance with interim targets, past and projected impacts on renewables development, and compliance costs.

JPMorgan Chase announced July 28 its goal to rely on 100% renewable energy by 2020 and to facilitate $200 billion in clean energy financing through 2025 to support its clients' own sustainability projects.

The University of Virginia announced July 20 that it signed a 25-year agreement with a proposed 120-acre solar facility in Virginia to purchase all the power generated on the solar farm to contribute to its electricity use on campus.

Vail Resorts announced July 25 its commitment to energy reduction and renewable energy powering of its operations as part of its "Epic Promise for a Zero Footprint" program.

This exclusive Smart Energy Decisions report explores the findings of a 2017 survey of large commercial and industrial energy users regarding their near-term corporate energy management and renewable energy sourcing plans amid an increasingly daunting landscape. 

Following on the success of the inaugural Innovation Summit this past March, Smart Energy Decisions has announced plans for the 2018 edition of the event.