Entergy Corp. has announced that is accelerating its climate action goals with a plan to achieve net-zero carbon emissions by 2050, Kallanish Energy reports.
The Louisiana-based utility also reaffirmed its commitments to grid reliability and affordability for customers.
That new goal is “another major step forward,” said Leo Denault, Entergy’s chairman of the board and CEO in a statement.
That goal is similar to the plan by the state of Louisiana.
The company said it was the first utility in 2001 to voluntarily lit carbon emissions.
Its plans call for adding renewable energy, energy storage and innovative applications of conventional generation.
It plans to continue its investment in net-zero nuclear power plants and new gas-fired power plants while retiring older coal and older and less-efficient gas-fired units.
The company said it is also looking at distributed resources, alternative fuels like renewable natural gas and green hydrogen, carbon capture and sequestration and advanced nuclear.
Entergy has announced recent agreements with Invenergy for renewable energy and Mitsubishi for fuel supply emissions reductions via co-firing hydrogen produced from renewable energy.
It has 2.9 million customers in four states and annual revenue of about $11 billion.
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