Decarbonize our generation: Economically retire existing coal plants in Kentucky and replace them with renewables and natural gas; build and/or acquire renewable projects.
Decarbonize our non-generation operations: Reduction in company energy use, electrification of fleet vehicles and reduced emissions associated with T&D equipment and gas distribution.
Enable third-party decarbonization: Invest in transmission and distribution networks to allow for increased electrification, large-scale connection of distributed energy resources and delivery of renewable energy to load centers.
Further research and development: Invest in new clean energy technologies to help us move further, faster and achieve reductions beyond 80%.
PPL is proactively taking steps to advance a cleaner energy future. We have set clear goals that have a sustainable impact on our environment for the communities, customers and stakeholders we serve.
PPL’s corporate goal is to:
We will achieve the reductions through a variety of actions, including replacing Kentucky coal-fired generation over time with a mix of renewables and most likely natural gas while meeting regulatory requirements to provide least-cost and reliable service to our customers.
Actions also include taking steps across PPL’s U.S. and U.K. operations to improve energy efficiency, reduce greenhouse gas emissions from substations and reduce vehicle fleet emissions.
The U.K. has enacted binding carbon reduction requirements that are applicable to WPD. Under the U.K. law, WPD must offset emissions associated with WPD’s own energy use through a tax on carbon. Additionally, WPD has exceeded its voluntary goal to reduce its business carbon footprint 5% from 2012-2013 levels by 2023.
PPL is working to make system enhancements necessary to meet electricity demand over the long term to support electrification efforts, including the adoption of electricity-fueled transportation. We are also reducing our own carbon footprint through electrification of our fleet vehicles.
We are strengthening our commitment to fleet electrification by setting goals on electric vehicle adoption. Collectively, PPL’s operating companies expect to reduce carbon emissions by more than 6,000 metric tons between 2020-2025 through electrification of fleet vehicles, with an additional reduction of more than 2,500 metric tons expected between 2026-2030.
Learn more about our opertaing companies’ efforts to support EV adoption:
We recognize that going even further faster to address climate change requires new ideas. That’s why we are investing in technology and partnerships to help move the U.S. electricity sector from an 80% reduction to carbon neutrality by 2050.
PPL consistently assesses our climate risk and communicates with our stakeholders for transparency. We continually work toward alignment with the TCFD framework to ensure that we are taking a holistic view of our climate approach to inform our sustainability strategy and identify areas for action.
We are committed to transparent disclosures of our efforts on environmental, governance and social priorities.
Our climate assessment is a detailed report of how future requirements and technological advances aimed at limiting global warming to 2° Celsius over pre-industrial levels could potentially impact PPL.