Projects Ensue as U.S. Power Companies Set Net-Zero Emissions Goals
Attachment: Renewable & Nuclear Projects
SUGAR LAND--May 19, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. power companies are increasingly pledging to reduce their carbon emissions and move to net-zero emissions by an established date. While companies are pledging different interim goals in the emissions reduction process, most are taking a similar direction in how they're doing this: a buildout or upgrades to renewable assets such as wind and solar, and the life extensions of existing nuclear power plants. Duke Energy Corporation (NYSE:DUK) (Charlotte, North Carolina), Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota), Dominion Energy Incorporated (NYSE:D) (Richmond, Virginia) and Southern Company (NYSE:SO) (Atlanta, Georgia) have all vowed emissions reductions and are moving on slightly different paths to achieve these ends.
