The World Resources Institute (WRI) and members of its Green Power Market Development Group announced 185 megawatts (MW) of new renewable energy purchases and on-site projects, bringing the group's total renewable energy commitments to date to 360 MW. The GPMDG is a collaboration of 12 leading corporations and the WRI dedicated to building corporate markets for green power.
Among the corporate announcements:
- Alcoa is installing 42 MW of new capacity at its Tapoco hydroelectric facility in eastern Tennessee, which was just certified as "low-impact" by the Low Impact Hydropower Institute.
- Starbucks Coffee Company is purchasing 150 million kWh per year of Green-e certified wind-based renewable energy certificates (RECs), equivalent to 20% of the annual electricity consumed by its U.S. company stores.
- IBM will be buying 96 million kWh per year of Green-e certified wind RECs for its U.S. facilities.
- NatureWorks LLC has contracted for 59 million kWh per year of Green-e certified wind RECs from the Great Plains, making NatureWorks® PLA the first greenhouse gas-neutral polymer.
WRI also announced the launch of a similar corporate renewable energy purchasing partnership in Europe.
News Release - Corporate Renewable Energy Group Hits 360 Megawatt Mark, Launches Similar Effort In Europe
Related Publication - The Green Power Market Development Group: Green Power Projects (January 2005 - December 2005)
Related Publication -The Business Case for Using Renewable Energy (PDF 143 KB) Download Acrobat Reader
WRI Contact: Craig Hanson (202) 729-7624