Industrial, Sourcing Renewables, Wind - September 13, 2017
Anheuser-Busch signs PPA for Oklahoma wind
In a move that will support its parent company's commitment to 100% renewable energy, Anheuser-Busch announced Sept. 13 that it has signed a power purchase agreement for the electricity and renewable energy credits associated with an Oklahoma wind project.
The agreement with Enel Green Power marks the beer giant's first contracted utility-scale project to start operations in the world once the Thunder Ranch wind farm becomes operational, which is expected by the end of 2017. Anheuser-Busch's PPA is for a 152.5 MW slice of the project's total output.
Parent company Anheuser-Busch InBev earlier this year made a global commitment to secure 100% of purchased electricity from renewable sources by 2025. InBev's global energy use represents nearly 6 terawatt-hours of electricity a year.
, enough renewable electricity to produce more than 20 billion 12 oz. servings of beer annually, according to a news release. At the same time, this renewable energy output will be capable of meeting up to 50% of Anheuser-Busch’s total annual purchased electricity, a substantial increase on the less than 2% currently generated by the 7.5 MW of solar and wind facilities installed on-site at its major U.S. operations.
"As we strive to bring people together to build a better world, we at Anheuser-Busch are dedicated to reducing our carbon emissions," João Castro Neves, president and CEO of Anheuser-Busch, said in a statement. "Helping to grow the renewable energy market is not only good for the environment, it is a strategic business as we strive for long-term sustainability. Now more than ever, we are excited to lead our company’s global effort toward a renewable future and, partnering with Enel, set an industry example of how major companies can help to make a difference in climate change."
Share this valuable information with your colleagues using the buttons below:« Back to News
- Smart Energy Decisions Announces 2023 WISE Award Winners
- Weekend Reads: US emissions 2022, the good and bad news; Electricity state-by-state
- Weekend Reads: Wind vs. Solar; China Dominates Battery Market
- Microsoft Partners to Power Solar Energy
- Smart Energy Decisions Welcomes New Advisory Board Members
- Verizon Enters Into Four REPAs