Intel has
become the largest customer for 'green' electricity in the US after buying more
than 1.3 billion kilowatt hours a year of renewable energy certificates.
The certificates have been bought from the
US
Environmental Protection Agency, and will fund solar, small hydro-electric
and biomass power supplies.
"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 factories," said Intel
president Paul Otellini.
Otellini is also a member of the
Copenhagen
Climate Council, a group of industry leaders working to achieve an effective
global climate treaty at next year's UN Environmental Summit.
"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," Otellini added.
Intel is buying the certificates in an attempt to offset some of its power
use. Renewable power providers in areas where Intel operates will receive funds
to build their businesses.
The distribution is handled by renewable energy specialist
Sterling
Planet.
"Intel's investment provides significant economic stimulus to
production-based renewable energy markets that benefit from the additional
demand and liquidity that such a large volume purchase creates," said Mel Jones,
president of Sterling Planet.
"This purchase benefits the tradable renewable energy markets and adds
greatly to the underlying economics of renewable energy project development."
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