More than a year after its passage, most utilities have ramped up clean energy deployment, but much more ambition is needed for the United States to achieve climate goals.
Engage & Act
Climate-conscious investors who see the once-in-a-generation opportunity of the clean energy revolution now have both a reliable place to find targeted data and insights and a team of experts to help them guide the business practices of investor-owned utilities to realize the full potential of the energy transition.
To meet global climate targets, the US electricity sector must meet twice the electricity demand with a fraction of the emissions by 2035. This will require about $3 trillion of investment raised by utilities from public debt and equity markets. The Inflation Reduction Act has provided tools that could make such a rapid transition affordable, equitable, and just. However, current emissions targets aren’t ambitious enough to preserve a chance to limit warming to 1.5°C, and utility resource plans lag even further behind.
Engage with the Data
RMI has the insights stakeholders need to empower this rapid change to a safer climate. We will provide timely, comprehensive data and analytics on the implied emissions and climate alignment of utility resource plans. With RMI’s unique capabilities, we can identify and quantify which utilities are on track to achieve adequate progress, and which utilities have plans that do not move quickly enough.
Act with Purpose
Combined with engagement support, Engage & Act’s unique data and insights will empower investors and other key stakeholders to create plans that rapidly reduce emissions while minimizing ratepayer costs and creating higher earnings potential for the investor-owned utility.
- Historical and projected emissions
- 1.5°C decarbonization trajectory
- Resource mix by technology
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The $250-billion Energy Infrastructure Reinvestment program can be a win-win for utilities and ratepayers, and utilities should be talking about it.
Engage & Act provides data and insights into an electric utility’s emissions to help stakeholders assess if it’s on track to meet climate goals.