T-Mobile continues RE100 sustainability commitment with Puget Sound Energy deal
Telecommunications ‘un-carrier’ giant T-Mobile has joined Puget Sound Energy’s ‘Green Direct’ program to power its Bellevue headquarters in Washington with 100% renewable energy.
The local supplier’s Green Direct initiative is a renewable energy program specifically designed to meet customer demands – it provides corporations with solutions to meet their carbon reduction goals and allows them to “purchase 100% of their energy from a dedicated, local, renewable energy resource, while providing them with a stable, cost efficient solution”.
The announcement forms another step toward T-Mobile’s commitment to RE100, which will mean it uses 100% green energy in all of its operations by 2021.
CEO John Legere said of the deal: “At T-Mobile, we really mean it when we say we’re going to clean up wireless for good… and in this case that means cleaning up our impact on the planet by making a BIG commitment to renewable energy. We’ve put a stake in the ground to go 100% renewable by 2021 – because it’s the right thing to do and it’s smart business.”
The business announced its commitment to RE100 in January this year, saying it hopes its sustainability journey will help it save around $100mn in energy costs. In total, T-Mobile states it uses 2.3MWh to power its stores, cell towers and other facilities.
RE100 is a commitment organised by The Climate Group. It currently includes Ikea, AB InBev, Nike and Pearson among others, and most recent additions include WeWork, RBS, McKinsey and Sony.
The Climate Group recently announced some positive news for companies like T-Mobile, saying that its members tend to perform better financially than their non-RE100 counterparts. A report compiled in conjunction with Capgemini states that, from a sample of 3,500 companies, RE100 members enjoy “above average financial performance”.
Upon joining RE100, Legere said the decision was not only to ‘do right by’ the company’s customers but also made good business sense. “We expect to cut T-Mobile’s energy costs by around $100mn in the next 15 years thanks to the move. Imagine the awesome things we can do for our customers with that!”
You can read more about T-Mobile’s journey in our upcoming Gigabit feature.
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.