January 2008
Intel Corporation said today it will purchase more than 1.3 billion kilowatt hours a year of renewable energy certificates as part of a multi-faceted approach to reduce its impact on the environment, making Intel the single-largest corporate purchaser of green power in the United States, according to the U.S. Environmental Protection Agency (EPA). The company said it hoped the record-setting purchase would help stimulate the market for green power, which should lead to additional generating capacity and ultimately, lower costs.
The purchase placed Intel at the top of EPA's latest Green Power Partners Top 25 list, and also at the No. 1 spot on EPA's Fortune 500 Green Power Partners list. The EPA's Green Power Partnership program encourages and recognizes voluntary green power purchases as a way to reduce the impact of conventional electricity use.
"EPA applauds our Fortune 500 partners for protecting our environment by purchasing green power," said EPA Administrator Stephen L. Johnson. "By voluntarily shifting to renewable energy, Intel is proving you don't need to wait for a signal in order to go green."
"We have a long history of commitment to the environment and energy efficiency is an important consideration in everything we do, from building transistors to designing microprocessors and running our factories," said Intel President and CEO Paul Otellini, who is also a member of the Copenhagen Climate Council, a global group of leaders working to achieve an effective global climate treaty at next year's UN Environmental Summit in Copenhagen. "Our renewable purchase is just one part of a multi-faceted approach to protect the environment, and one that we hope spurs additional development and demand for renewable energy."
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