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100% renewable energy is an energy system where all energy use is sourced from renewable energy sources. The endeavor to use 100% renewable energy for electricity, heating/cooling and transport is motivated by global warming, pollution and other environmental issues, as well as economic and energy security concerns.
In 2006, Victoria was the first state to have a renewable energy target of 10% by 2016. [32] In 2010, the target was increased to 25% by 2020. [33] The Victorian government has set renewable energy targets of 40% by 2025. In 2021, 33% of all power generation in Victoria was from renewable sources. [34]
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[citation needed] Brazos also began purchasing energy from Duke Energy's Lapetus Solar project in Andrews County, Texas via a power purchase agreement in January 2020. [ 3 ] [ 4 ] Brazos serves 16 local utility cooperatives and three municipal-owned electric companies.
Lynn J. Good is chair, president and chief executive officer of Duke Energy, a Fortune 500 company. Good is an Ohio native and graduated from Miami University where she earned a BS in Systems Analysis and in Accounting (1981). [1]
The project covers 113 acres (46 ha) near the intersection of highways IH 37 and U.S. 181. [2] It has 214,500 solar photovoltaic modules manufactured by US firm First Solar that are mounted onto fixed-tilt (20deg) racks.
Congress established the Renewable Fuel Standard program as part of the Energy Policy Act of 2005 to promotion the production of renewable fuels. The program, managed by the Environmental Protection Agency (EPA), requires oil refineries to blend in renewable fuels, such as ethanol, into their products produced from fossil fuels. The amount to ...
In 2002, Duke Energy acquired Westcoast Energy, a Canadian corporation, which owned Chatham, Ontario-based Union Gas, regulated under the 1998 Ontario Energy Board Act.. On December 29, 2006 Standard & Poor's added Spectra Energy Corp. to its S&P 500 Index, replacing Parametric Technology Corp. (Nasdaq: PMTC), a software company, which then moved to the S&P MidCap 400 list instead. [5]
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