IBM Moves Away From RECs, Toward Direct Procurement
IBM announced a new goal to procure electricity from renewable sources for 20 percent of its annual electricity consumption by 2020. To achieve this goal, it plans to contract over 800,000 MWh per year of renewable electricity.
“We intend to match our purchased renewable electricity directly to our operations as opposed to purchasing renewable energy certificates (RECs) as offsets, making a clear connection between our purchases and our consumption,” said Wayne Balta, vice president, Corporate Environmental Affairs and Product Safety.
An IBM spokesperson said, “IBM procures renewable electricity generated from a mix of wind, large and small hydro, biomass and solar installations. Its strategy of contracting for defined renewable energy has been most successful in Europe, where renewable electricity is already offered as an option in many countries.”
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