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LyondellBasell announces renewable energy power purchase agreements

LyondellBasell has signed its first two U.S. power purchase agreements supporting the company s climate goal to procure a minimum of 50 percent of electricity from renewable sources by 2030. ....

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LyondellBasell Announces Renewable Energy Power Purchase Agreements

HOUSTON, June 29, 2022 /PRNewswire/ LyondellBasell has signed its first two U.S. power purchase agreements (PPA) supporting the company's climate goal to procure a minimum of 50 percent of electricity from renewable sources by 2030. The combined agreements represent 216 megawatts (MW) of renewable energy, which is estimated to generate approximately 628,000 megawatt-hours (MWh) of clean power annually. Approximately 15 percent of LyondellBasell's total scope 1 and 2 greenhouse gas emissions come from its electricity consumption. These agreements will enable the company to reduce its carbon dioxide emissions by approximately 225,000 metric tons annually. "Creating a better future for the next generation is important to us, which is one reason we are focused on delivering on our climate goal to achieve net zero emissions from our global operations," said Peter Vanacker, LyondellBasell CEO. "Renewable energy is an important component for how we will get there, and ....

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Magellan Midstream Partners (MMP) announces required regulatory approval process for sale of independent terminals to Buckeye is nearing its conclusion

Magellan Midstream Partners (MMP) announces required regulatory approval process for sale of independent terminals to Buckeye is nearing its conclusion
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