Utilities, Industrial, Sourcing Renewables - January 17, 2023
Entergy Increases Interim Carbon Emission Targets
Entergy reaffirmed its commitment to net-zero carbon emissions by 2050 and set two interim carbon emission reduction targets.
The utility company expects 50% of its power generation capacity to come from carbon-free energy sources by 2030, a new goal established as of the latest climate report.
Entergy will also reduce its carbon dioxide emissions rate by 50%, including owned and purchased power generation from 2000 base-year emissions by 2030. Entergy also reaffirmed plans to retire all coal-powered generating plants by the end of 2030.
Details were provided in its latest climate report as an update to stakeholders and to provide transparency on our progress to achieving net-zero carbon emissions by 2050.
The report also discusses efforts to accelerate investments in power delivery system resilience. Entergy strives to build and maintain a reliable and resilient system.
"As a power provider for 3 million customers in four southern states, Entergy plays a critical role in delivering the clean energy solutions essential to lowering greenhouse gas emissions across the economy, without compromising affordability or service reliability," said Drew Marsh, CEO of Entergy, said in a statement. "This report outlines our thoughtfully planned climate actions moving forward and our approach to addressing uncertainties along the way."