This is an excerpt from EERE Network News, a weekly electronic newsletter.

October 11, 2006

Wells Fargo Leaps to Second Spot on EPA's Green Power List

Wells Fargo & Company announced on October 3rd that it will buy 550 million kilowatt-hours of renewable energy credits over the next five years, making the company the largest corporate buyer of green power in the United States. Wells Fargo, a financial services company, placed second on the latest list of top 25 green power purchasers behind the U.S. Air Force. The U.S. Environmental Protection Agency (EPA) updated its Green Power Partnership (GPP) list on October 3rd, just in time to add the newcomer Wells Fargo. Vail Resorts is another newcomer to the list, claiming the number nine spot after its August purchase of renewable energy credits. And despite its shift to 100 percent green power on September 1st, the EPA remains at number four overall and number two on the GPP list of federal government purchasers. See the GPP top 25 list, the GPP list of top federal purchasers, and the press releases from EPA and Wells Fargo.

Meanwhile, the California State University System, another newcomer, has leapt into the number two spot on the GPP list of top 10 colleges and universities with its purchase of more than 75 million kilowatt-hours of biomass, geothermal, and wind energy from APS Energy Services. The City of Austin, Texas, is a newcomer on the relatively new GPP list of top ten local governments, claiming the top spot with its purchase of more than 65 million kilowatt-hours of biogas energy and wind power from its own utility, Austin Energy. And on the GPP list of top ten retail companies, Coldwater Creek, Inc.—a retailer of women's clothing, gifts, and accessories—is the latest addition, coming in sixth with its purchase of 45 million kilowatt-hours of renewable energy credits. See the GPP lists for colleges and universities, local governments, and retailers.

REI Adventures, the travel arm of the outdoor retail co-op, has a good chance of joining one of the lists next year. REI Adventures plans to purchase 52 million kilowatt-hours of renewable energy credits from the Bonneville Environmental Foundation (BEF) in 2007. The purchase is meant to offset all the greenhouse gas emissions from the travel associated with the company's trips and outings. See the BEF press release.

Features