Decarbonization Targets for the Largest U.S. Utilities
The U.S. recently rejoined the Paris Climate Agreement and decarbonization is back on the minds of government officials and companies alike.
Though every sector plays a major role on the path to net zero carbon emissions, none are as impactful as the energy sector. In 2016, almost three-quarters of global GHG emissions came from energy consumption. With organizations looking to either curb energy consumption or transition to cleaner forms of energy, the pressure is on utilities to decarbonize and offer green alternatives.
How are U.S. utilities responding?
This infographic from the National Public Utility Council highlights the decarbonization targets of the largest investor-owned and public U.S. utilities.
U.S. Utility Decarbonization Targets Through 2035
The American energy sector has many players, but the largest utilities account for the bulk of production.
For each state, we looked at the largest investor-owned and public electric utilities by retail sales as tracked by the U.S. Energy Information Administration. Decarbonization targets were taken from each utility’s stated goals or sustainability report.
After narrowing down from 3,328 different entities and subsidiaries, the final list of 60 utilities accounted for 60% of U.S. energy sales in 2019 at just under 1.93 trillion MWh (megawatt hours).
Many companies on the list have multiple goals spread across different timeframes, but they can be grouped into a few distinct categories:
- Reducing carbon dioxide (CO2) or greenhouse gas (GHG) emissions: (Read more...)