Entergy Enters into New Clean Energy Supply Agreements with US Steel and Sempra Infrastructure

0

Posted on January 31, 2022 by Chris Galford

© Shutterstock

Between its Louisiana and Arkansas branches, Entergy Corporation this month struck two new deals with major industrial firms — Sempra Infrastructure and US Steel, respectively — for hundreds of megawatts of clean power.

“We work with our customers to meet their needs and help them achieve the results they want,” said Leo Denault, President and CEO of Entergy. “They need energy solutions that are not only affordable and reliable, but increasingly cleaner, and we offer products to help them achieve their important environmental and sustainability goals.”

While Sempra Infrastructure’s supply will be around 300 MW of demand, exact figures for US Steel have not been released. However, US Steel recently selected Osceola, Arkansas as the location for a new, advanced, sustainable steel mill, which Entergy Arkansas will power. Denault noted that Entergy’s growing shift to clean energy stems from new builds like this, in which customers are promoting intermediate and long-term emissions reduction targets.

This is a major point to note, given that Entergy’s four-state service territory along the Gulf of Mexico is home to the largest industrial base in the United States. Industrial customers account for approximately 40% of Entergy’s electricity demand today. The company has announced both clean electrification and green tariff options for them as they strive to reduce emissions.

To date, Entergy has offered more than 700 MW of new combined, scalable green rate capacity in Louisiana, Arkansas and Mississippi to advance its customers’ sustainability goals.

However, Entergy has its own emission reduction targets associated with renewable energy gains. Last year, it announced its intention to triple its renewable energy portfolio over three years and reach 11 GW by 2030. At the same time, it intends to reduce its CO2 emissions by half. baseline by 2030 and achieve the national goal of net zero emissions by 2030. 2050. This will encompass all of Entergy’s activities.

Share.

About Author

Comments are closed.