LOADING

Type to search

Amazon, Google, Microsoft, Nucor and Duke Energy Collaborate to Accelerate Carbon-Free Energy Generation Through Innovative Tariffs

Amazon, Google, Microsoft, Nucor and Duke Energy Collaborate to Accelerate Carbon-Free Energy Generation Through Innovative Tariffs

Listen to this story:

Key Impact Points:

  • Collaboration includes Amazon, Google, Microsoft, Nucor, and Duke Energy.
  • Focus on innovative tariffs to reduce costs and risks in clean energy projects.
  • Supports large-scale energy users in achieving carbon-free goals.

Amazon, Google, Microsoft, Nucor, and Duke Energy have joined forces to accelerate carbon-free energy generation through innovative tariff agreements. These agreements, known as Accelerating Clean Energy (ACE) tariffs, aim to lower the costs and risks associated with investing in clean energy technologies such as nuclear and long-duration storage.

With the help of companies like Amazon, Google, Microsoft and Nucor, we can accelerate our service of large customer needs and the transition to cleaner energy,” said Lon Huber, SVP Pricing and Customer Solutions at Duke Energy.

Today’s agreement marks an important step in our journey to achieve our Climate Pledge to be net zero carbon by 2040,” stated Kevin Miller, VP of Global Data Centers at Amazon Web Services.

The Clean Transition Tariff creates a pathway for us to bring new, innovative solutions to the forefront faster,” added Briana Kobor, Head of Energy Market Innovation at Google.

Related Article: Mizuho and London Stock Exchange Group Partner to Foster Growth in Carbon Credit Market

Jeff Riles, Director of Datacenter Energy and Sustainability at Microsoft, noted, “Innovative frameworks such as this agreement support Microsoft’s ambition to have 100% of our electricity consumption matched by zero carbon energy purchases.

Topics

Related Articles