As a business leader, you understand the benefits of decarbonization and its importance for reducing your company’s carbon footprint. Decarbonization initiatives can lead to cost savings by improving energy efficiency, optimizing resources, acquiring incentives from the government or your partners and implementing energy cost-saving programs. These cost savings can directly contribute to enhanced profitability.
By prioritizing decarbonization and demonstrating environmental stewardship, businesses can enhance their reputation and brand while attracting top talent who prioritize working for environmentally responsible organizations. This can provide a competitive edge over peers and expand access to new markets and customer segments that prioritize sustainability.
Ultimately, reducing carbon emissions is not only good for the environment, but also a strategic business decision that drives competitiveness, fosters innovation and secures long-term success in a rapidly changing world.
Nuclear Energy, A Zero-Carbon Energy Source
One promising solution that deserves your attention is nuclear energy. When discussing zero-carbon solutions, nuclear energy tends to get left out of the conversation despite it being the second largest source of zero-carbon electricity in the world1. Nuclear power is a zero-emission energy, which means it produces no fossil fuels and helps the U.S. avoid hundreds of tons of carbon emissions per year.
Embracing nuclear energy can provide your business with a stable and reliable energy supply. Unlike fossil fuels, which are subject to price fluctuations and supply chain vulnerabilities, nuclear power offers a consistent and predictable source of energy. This stability allows you to better forecast and manage energy costs, enhancing your operational efficiency and mitigating risks associated with volatile energy markets.
Through our Zero-Emissions Energy program, you can purchase Emissions-Free Energy Credits (EFECs). Working similarly to Renewable Energy Credits (RECs), EFECs equate to 1 megawatt-hour (MWh) of energy per credit purchased. With the procurement of EFECs, companies are investing in clean energy generation and offsetting their own carbon emissions. This approach not only helps businesses make immediate progress toward their sustainability goals but also fosters the development of emissions-free energy infrastructures. It allows companies to take direct responsibility for their environmental impact and actively contribute to the transition to a low-carbon economy.
Nuclear Energy Procurement, a Step in your Decarbonization Strategy
Operating facilities require a substantial amount of energy, and decarbonizing these operations is a gradual process that requires strategic planning and implementation. While achieving complete decarbonization cannot happen overnight, it is crucial to take the first steps toward reducing emissions.
Whether you are planning to implement onsite solar or looking for a long-term emissions-free energy solution, procuring a power block of EFECs can be a valuable option for your business. Through this procurement strategy, your company has access to a long-term zero-carbon block of power at a price that is below normal market rates.
If your business is working towards a zero-emissions goal, our Zero-Emissions Program may be the right solution. For others working towards a larger more intricate decarbonization goal, EFECs act as an initial step and low-cost bridge to get you to your next milestone. Companies can actively manage and execute their larger, ongoing sustainability strategy, like the construction of an offsite solar facility, while showing their commitment and following current regulations through the incorporation of EFECs.
Nuclear Energy at Work
Our Zero-Emissions program, centered around nuclear energy solutions, offers significant advantages to businesses striving for a zero-emissions future. We understand that renewable energy might not align with everyone’s objectives, which is precisely why we have curated alternative options tailored to meet the needs of our clients.
A leading provider and manufacturer recently embarked on their zero-emissions journey and sought our consultation. Once presented with our comprehensive Zero-Emissions offering and after careful consideration, they opted for a substantial 1 megawatt (MW) block of zero-emissions energy from NextEra Energy Resources’ Seabrook, New Hampshire nuclear power plant. This strategic decision allowed the corporation to secure its energy supply and stabilize costs throughout the duration of its contract. By choosing this option, they successfully offset 50% of their deregulated energy consumption in New Hampshire, making significant progress toward their sustainability goals.
Today’s commercial and industrial business leaders must transition their traditional energy mix to a more progressive energy strategy that includes emissions-free energy sources to reduce and offset carbon emissions. Usource is part of the NextEra Energy family of companies, the world’s largest producer of wind and solar energy. We are uniquely positioned to consult, facilitate, and execute innovative energy projects to ensure that each client’s energy strategy meets their unique business goals and sustainability objectives.
1. https://www.energy.gov/ne/articles/3-reasons-why-nuclear-clean-and-sustainable
