Smart Energy Decisions News

Marathon Oil announced that it cut its emissions intensity by 20% between 2019 and 2020 and revealed its plan to restructure its executive compensation to better reflect ESG goals.

Canadian public utility Hydro-Quebec announced on Feb. 4 that it signed a PPA to purchase power from the 200-MW Apuiat wind project.

A 7.6 MW solar project that will provide clean energy to three municipalities and one nonprofit organization in the Chicago area is now fully operational and is expected to save the four recipients over $14.5 million in energy costs over the next 25 years.

Goldman Sachs announced on Feb. 5 that it will offer all of its U.S.-based employees access to 100% clean energy in their homes through a monthly subscription service.

The U.S. Navy announced on Feb. 5 that it is installing a cleantech project to expand on-site generation, strengthen reliability and enhance resiliency at its Norfolk Naval Shipyard in Portsmouth, Virginia.

Amazon will purchase half of the energy produced by a large Netherlands offshore wind farm to power its operations in Europe. The project will bring the company closer to its goal of being net-zero carbon by 2040 and allow it to run off 100% renewable energy by 2025, five years earlier than it previously planned.

It's the weekend! Kick back and catch up with these must-read articles from around the web.

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.

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.

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.