Utilities
Emissions reduction targets
100 90 80 70 60 50 40 30 20 10 0
2008 2010 Absolute target 2012
Year for reduction to be achieved 2016
2014 Intensity target Energy mixes of utility companies
American Electric Power Company Centrica CEZ
CLP Holdings Duke Energy E.ON AG
Electricite de France (EDF) Endesa ENEL SpA Exelon
Fortum Oyj GDF Suez Iberdrola PG&E
Public Service Enterprise Group RWE AG
The Southern Company 0 10% 20% 30% 40% 50% 60% 70% 80% 90%
Coal Lignite Oil & gas Combined Cycle Gas Turbine Nuclear Hydro Other renewables
100% 2 3 4 5 6 7
Process emissions reductions Product design Transportation: fleet Transportation: use
05 10 Number of Initiatives <1 year 1-3 years >3 years
“ AEP is committed to further reduce its emissions footprint and risk. Through a generation transition plan which includes retirement of aging coal assets, retrofitting environmental controls on newer assets and construction of new natural gas facilities, AEP expects to further reduce its GHG profile over the next 10 years. In 2010, coal-fired generation accounted for 80% of AEP’s total energy production. By 2020 the percentage coal generation is expected to drop to 65%, helping achieve a targeted 10% reduction in emission from 2010 levels. The additional environmental controls and new generation will likely require capital expenditures of $6-11 billion over the next ten years.” American Electric Power
“ According to CERES and Natural Resources Defense Council we are in the top 3rd of the national 100 largest U.S. electric utilities in minimizing carbon intensity. Our regulated electric generating fleet utilizes multiple fuel sources (coal, uranium, natural gas, oil and market purchases), each with a different CO2 emission intensity. Sources are dispatched based on the lowest total production costs, so these programs could alter the mix of sources from the business as usual case.” Dominion Resources
“ The feed-in tariff arrangements in China, India and Thailand, and the sales of Renewable Energy Certificates in Australia provide incremental revenue above the normal tariff which is incorporated into the financial model prior to making an investment decision. The costs associated with this are higher investments required for RE generation assets.” CLP Holdings
55 15 20 2018 2020 2022
Payback period breakdown of reported active emissions reduction initiatives by activity type Behavioral change
Energy efficiency: building fabric Energy efficiency: building services Energy efficiency: processes Fugitive emissions reductions Low carbon energy installation Low carbon energy purchase Other
% Emissions reduction to be achieved
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