Anheuser-Busch makes wind investment - Smart Energy Decisions

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.

Anheuser-Busch's PPA is expected to amount to approximately 610 GWh of renewable energy each 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 move 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."

« Back to Renewable Energy

  • LinkedIn
  • Subscribe

Smart Energy Decisions Content Partners