Intel and the EPA announced that Intel has
become the single largest purchaser of renewable energy certificates in the
U.S., topping the EPA's Green Power Partners list. In addition to driving
energy efficiency efforts in its operations, Intel is helping stimulate the
market for renewable energy, which should lead to additional generating
capacity and ultimately, lower costs. That's good for business, and good for
the environment. Jan. 28, 2008 – Intel Corporation said it will purchase
more than 1.3 billion kilowatt hours a year of renewable energy certificates as
part of a multi-faceted approach to reduce its impact on the environment,
making Intel the single-largest corporate purchaser of green power in the
United States, according to the U.S. Environmental Protection Agency. The
company said it hoped the record-setting purchase would help stimulate the
market for green power, which should lead to additional generating capacity and
ultimately, lower costs.
The purchase placed Intel at the top of EPA's latest Green Power Partners
Top 25 list, and also at the No. 1 spot on EPA's Fortune 500 Green Power
Partners list. The EPA's Green Power Partnership program encourages and
recognizes voluntary green power purchases as a way to reduce the impact of
conventional electricity use.
Renewable Energy Certificates
Renewable energy certificates, or RECs, are the "currency" of the
renewable energy market and are widely recognized as a having credible and
tangible environmental benefits. The EPA estimates that Intel's REC purchase
has the equivalent environmental impact of taking more than 185,000 passenger
cars off the road each year, or avoiding the amount of electricity needed to
power more than 130,000 average American homes annually.
Intel's REC purchase, which includes a portfolio of wind, solar, small
hydro-electric and biomass sources, will be handled by Sterling Planet, a
leading national supplier of renewable energy, energy efficiency and low-carbon
solutions. The purchase will be certified by the non-profit Center for Resource
Solutions' Green-e program which certifies and verifies green power products.
Intel, EPA, and the Environment
Intel and EPA have worked together for several years on a variety of fronts,
from Energy Star to Climate Leader and Performance Track programs, to broad
industry efforts such as the Climate Savers Computing Initiative. The Agency
recently recognized Intel with a 2007 Water Efficiency Leader award for its
efforts to reduce, reuse and recycle water in its Chandler, Ariz. manufacturing
facility. Intel was also recognized by the EPA as the most commute-friendly
employer in the nation in 2006.
In addition to promoting and funding ideas for greater energy efficiency in
its facilities, Intel has consistently specified high-energy-efficiency
equipment in its manufacturing facilities with a view to ensuring greater energy
efficiency and environmental benefit. Over the last 7 years, the company
invested over $20 million in more than 250 energy conservation projects that
saved in excess of 500 million kilowatt hours, enough energy to power about
50,000 U.S. homes.
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