Advancing a cleaner energy future
PPL supports the need to transition to cleaner energy sources and recognizes that utilities play a major role in delivering a clean economy. We support investments in smarter, more resilient power grids and advancements in R&D for more sustainable generation.
Our Clean Energy Strategy
Decarbonize our generation: Economically retire existing coal plants in Kentucky and replace with a mix of renewables and gas and grow clean energy portfolio.
Decarbonize our non-generation operations: Reduce company energy use, increase electrification of fleet vehicles and reduce emissions associated with transmission and distribution equipment and gas distribution.
Further research and development: Invest in new clean energy technologies to decarbonize remaining fossil-fueled generation and transition to a clean energy portfolio.
Enable third-party decarbonization: Invest in transmission and distribution networks to allow for increased electrification and large-scale connection of distributed energy resources; develop customer-facing renewable and storage solutions.
Our Climate Action
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.
Net-Zero Emissions by 2050
PPL has set an ambitious goal to achieve net-zero carbon emissions by 2050. In addition, we are targeting a 70% reduction from 2010 levels by 2035 and an 80% reduction by 2040.
We continue to make progress toward our goal, and we are on track to achieve our interim targets. Through 2020, we reduced carbon emissions nearly 60% from 2010 levels.
Achieving net-zero emissions across PPL’s operations will require innovation, commitment and collaboration.
The bulk of emissions reductions will come from the economic transition of our coal-fired generation to a mix of natural gas and renewable resources. As renewable and alternative forms of energy make up an increasing portion of our nation’s energy mix, we need significant advances in technology to keep energy safe, affordable and reliable.
PPL is investing in research and development in clean energy technologies and solutions that can be scaled economically to meet our customers’ energy needs, accelerate the clean energy transition and eliminate or mitigate remaining emissions.
We are also working with our industry and policymakers to support necessary funding for deployment of energy infrastructure, research and partnerships to demonstrate technology.
Actions also include taking steps across PPL’s operations to improve energy efficiency, reduce greenhouse gas emissions from substations and reduce vehicle fleet emissions.
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 2,800 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. (Expected reductions adjusted due to the sale of WPD).
Learn more about our operating companies’ efforts to support EV adoption:
Our Commitment to Research and Development
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.
Energy Impact Partners
PPL has committed to investing up to $50 million across Energy Impact Partner’s global investment platform to help accelerate the shift to a low-carbon future and drive commercial-scale solutions needed to deliver deep, economywide decarbonization.
Low Carbon Resources Initiative
PPL is an anchor sponsor of the Low-Carbon Resources Initiative, a joint, five-year effort led by EPRI and the Gas Technology Institute (GTI) focusing on identifying, developing and demonstrating affordable pathways to economywide decarbonization. In 2021, PPL President and CEO Vince Sorgi was named chair of LCRI Board Working Group
Battery Storage Pilot Program
At our E.W. Brown Plant, LG&E and KU collaborated with the University of Kentucky on a megawatt-scale carbon capture pilot. At the same site, we are working with the Electric Power Research Institute (EPRI) on a large-scale energy storage project.
Distributed Energy Resource Management
PPL Electric Utilities launched an innovative Distributed Energy Resource Management System in Pennsylvania to enable more distributed energy resources, like solar power and energy storage, to connect reliably to the grid.
Our Sustainability Governance
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.
Our process in action:
- We have dedicated Board and management oversight of our climate strategy and goals.
- Our Enterprise Risk Management and CDP processes identify climate-related risks and opportunities.
- LG&E and KU’s Integrated Resource Plan considers portfolio risk and opportunity scenarios.
- We maintain transparency through disclosure reports such as the CDP, EEI-AGA ESG Report, SASB and TCFD.
- We publish an annual Sustainability Report that highlights the company’s ongoing initiatives to advance a sustainable energy future.
We are committed to transparent disclosures of our efforts on environmental, governance and social priorities.
PPL Corporation Climate Assessment
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.