U.S. oil and gas companies, and their investors, are at risk of significant stranded assets because they are not adequately reflecting the impacts of the climate crisis and the clean energy transition in their financial reporting
Southern California Edison announced that it has signed seven contracts for 195 megawatts of battery-based energy storage resources to meet local capacity requirements in the Santa Clara sub-area of its electrical system. Contracts were the result of SCE’s Aliso Canyon Energy Storage 2 Request For Offers and last year’s Local Capacity Requirements Request For Proposals.
Hauling freight with big rigs in the Golden State just got greener, thanks to Penske Truck Leasing. The Pennsylvania-based company recently announced the installation of 14 fast charging stations for heavy-duty electric vehicle trucks at four Southern California facilities. Mike Marelli, vice president of Southern California Edison’s Business Customer Division, was on hand at a ribbon-cutting ceremony to celebrate the installation of the fast chargers at Penske’s La Mirada site.
We at Timberland think it’s time for a more progressive look at clean energy policy in our state. That is why Timberland is one of many companies, including Dartmouth-Hitchcock Health, MegaFood, Stonyfield Farm, Worthen Industries and more supporting the House and Senate bills (House Bill 365 and Senate Bill 159), which would raise the project cap on net metering.
The new INGAA Foundation Inc. flagship report finds that natural gas will retain its critical role in the U.S. power sector for at least the next 20 years even as renewable energy grabs a bigger share of the nation’s electricity market. This trend, coupled with growing global demand for U.S. liquefied natural gas (LNG) exports, underscores the need for the gas industry’s continued investment in infrastructure to support these growing needs, according to Black & Veatch, the author of the report.
The UK government has just thrown down the gauntlet to the wind energy sector: deliver more than 30 gigawatts (GW) of capacity by 2030. The appointment of Dr Peter Clive as Black & Veatch’s Principal Renewable Wind Energy Consultant, will help the company’s clients rise to this challenge.
At Consumers Energy, we’re passionate about making life in Michigan better today while keeping an eye on the future – ensuring this is a great place to live for the generations ahead.
Today, Consumers Energy released our annual Sustainability Report. The report offers insight into our company’s work to serve two-thirds of Michigan’s residents and our Triple Bottom Line commitment to people, the planet and Michigan’s prosperity.
Already, 93 percent of global commercial and industrial companies have energy efficiency technologies in place. Meanwhile, adoption of combined heat and power (CHP) systems and battery storage increased at a similar rate to renewables: up 11 percent in 2019 from the previous year. These companies realize emissions are inextricably linked to energy consumption, which can be a major contributor to net corporate expenditure and a hurdle for low-carbon growth. In fact, a recent International Energy Agency study shows that efficiency improvements can yield up to 13.8 percent growth in annual profits.
Recent research finds that organizations have more success on energy and sustainability initiatives when they set public goals. But with so many options available, how do you determine which goals will drive the greatest value for your organization? And against what criteria should you assess them? Our goals primer eBook summarizes the top global, third-party benchmarking standards and recommends how to choose the right one to accelerate your energy and sustainability ambitions.
Major investors and companies in Ohio oppose provisions in legislation introduced today in the Ohio Legislature that would weaken the state’s renewable portfolio and energy efficiency resource standard.
Sustainability creates increasing business opportunities, but to deliver on targets and sustain results is not an easy task. Learn from Novelis, the world ‘s leader in rolled aluminum, on how to embrace change and succeed on an enterprise efficiency program.
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