Stakeholder demands for sustainability and decarbonization are driving the need for companies to meet emission reduction targets. However, many organizations are challenged with how to successfully meet their goals while also balancing cost and reliability. From decarbonization strategy to renewable energy sourcing, we’re here to help you meet your goals.
End-to-end service for all of your carbon reduction needs
AEP Energy is a leader with national presence in the carbon emission reduction space, including renewable energy solutions, energy efficiency programs and electrification services to enhance your sustainability and decarbonization efforts, wherever you are on your journey.
Our energy experts work with you to develop a roadmap that fits your organization’s needs and objectives across your portfolio and delivers reports that prioritize options, so you get the greatest impact. We specialize in a variety of services to help you get there, including:
Integrated solutions for the best results.
We partner with you to assess a range of discrete options to form integrated solutions which results in an optimized approach for your decarbonization and sustainability goals. Our energy experts are here to guide you in the development and execution of the optimal renewable energy solutions, so you meet your goals successfully. Some of these solutions include:
You can help reduce Scope 1 emissions, also known as direct emissions from controlled or owned sources of your company by implementing energy conservation and efficiency measures. By doing so, you can have a direct impact on climate since there are no emissions released. You’ll also reduce operating costs and the need of procuring renewable energy and offset needs.
Depending on your facility and needs, there are many measures that can be implemented including equipment upgrades, retrofits, repairs and replacements. Other noteworthy areas include building improvements such as lighting, HVAC, smart system controls, as well as waste energy recovery, steam system to hot water conservation and heat pump configurations.
Electrification is the process of replacing technologies, machines or systems that use energy from fossil fuels with those that use electricity. Benefits include the reduction of carbon emissions, improving air quality, optimizing operations, and helping the grid demand by charging equipment during off-peak times.
Some examples of electrification in businesses include the transition to electric forklifts and company vehicle fleets, as well as converting other equipment such as boilers and HVAC equipment to electric-powered.
Onsite solar involves the use of available land or roof space at one or several locations that have been selected based on several metrics, including energy usage patterns and weather correlations, geographic location, local energy pricing and regulatory environment, to optimize the full benefits of solar energy.
Onsite solar provides customers the unique opportunity to visibly demonstrate support for clean energy to both employees and customers and affect your bottom line with the potential to reduce long-term energy costs. By producing a portion of your energy near where it’s consumed, customers reduce dependency on grid-generated electricity, which lessens grid consumption and decreases distribution costs. If onsite solar is a viable option for your business, we have the expertise and ability to execute your sustainability goals and maximize the benefits of onsite solar, with zero capital costs and a team of experts to manage your asset throughout its life.
Purchasing Green-e® certified Renewable Energy Certificates (RECs) is one of the easiest ways to choose green energy. Purchasing RECs ensures that renewable energy is added to the electricity grid, and your business can claim the environmental attributes associated with the RECs.
We are proud to partner with Green-e, the nation’s leading independent certification and verification program for renewable energy. Green-e certifies that our renewable energy plan meets the highest environmental and consumer protection standards
For organizations that choose not to pursue Integrated Renewable Energy solutions or when an onsite renewable solution is not an option for your organization due to space or budgetary constraints, a virtual power purchase agreement (vPPA) might be the right sustainability solution for you. A vPPA is a financial arrangement with a renewable energy developer that supports the development of a new renewable energy facility. This arrangement can help your organization meet its renewable energy objectives.
With a vPPA, your organization provides fixed payments for each megawatt-hour of renewable energy generated by a specified renewable facility. In return, you receive RECs, which ensures renewable energy is added to the electricity grid while you receive credit payment for the energy the facility sells to the grid. While in this case the renewable energy is not directly delivered to your organization, you can still claim the environmental benefits of supporting new, additional renewable energy production on the grid.
Our Results: Superior insights. Sustainable solutions. Brighter future.
Below are examples of how an integrated approach can lead to successful results in meeting decarbonization goals. As you see, each option has varying complexity, emissions impact, feasibility, and economic viability profiles.
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Energy Conservation Measures | Electrification | Onsite Renewables | Renewable Energy Credits | Offsite Renewables |
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Site 1 (industrial) | • 2%-5% energy reduction to baseline • 90-200 MT CO2/YR reduction potential • $2-$4 per MT reduction in cost | • Energy reduction potential to baseline is process-dependent • $3 per MT reduction to $15 per MT in cost | • Minor reduction potential compared to baseline | • 100% electricity; 12% energy - reduction potential to baseline • 4,400 MT CO2/YR reduction potential • $2 per MT in cost | • 100% electricity; 12% energy - reduction potential to baseline • 4,400 MT CO2/YR reduction potential • $1 per MT in cost |
Site 2 (commercial) | • 20%-25% energy reduction to baseline • 80-100 MT CO2/YR reduction potential • $2-$4 per MT reduction in cost | • 9% energy reduction potential to baseline • 35 MT CO2/YR reduction potential • $5 per MT in cost | • Up to & over 100% electricity; 50% energy reduction potential to baseline • 400 MT CO2/YR reduction potential • $4 per MT in cost | • 100% electricity; 50% energy - reduction potential to baseline • 400 MT CO2/YR reduction potential • $2 per MT in cost | • 100% electricity; 50% energy - reduction potential to baseline • 400 MT CO2/YR reduction potential • $1 per MT in cost |
