NRG announces strategic focus on renewable energy, DG and storage

first_imgNRG announces strategic focus on renewable energy, DG and storageThe American energy company has announced carbon goals and an intensified focus on renewable energy and distributed generation at the ground-breaking of its new headquarters in New Jersey. November 20, 2014 Christian Roselund Markets Markets & Policy Share On Thursday, NRG announced a new set of sustainability and carbon reduction goals and a growth strategy focusing on renewable energy and distributed generation at the groundbreaking of a new headquarters in Princeton, New Jersey.The company has committed to reduce its CO2 emissions 50% below 2014 levels by 2030 and 90% by 2050, as it becomes the “nation’s leading provider of reliable, clean, sustainable energy”.This will be in addition to the 40% carbon reduction that NRG has already accomplished over 2005 levels, and the company named renewable energy, carbon capture and storage, energy storage and distributed generation (DG) as components of its plans.In a press statement NRG emphasized the DG portion of a new strategic growth plan, which will include distributed solar PV, cogeneration, electric vehicle networks and smart management systems.“As the largest competitive generator in the country, we have the responsibility to continue reducing our carbon footprint in the medium and long term through innovation and ingenuity,” said NRG Chief Operating Officer Mauricio Gutierrez. “Our portfolio allows us to pursue everything from fuel conversions and carbon capture and sequestration to renewables and distributed technologies.”Large American energy companies like NRG are usually on the other side of terms such as “sustainability” or “carbon reduction”. 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