RTX has announced an agreement with ENGIE North America to power 12 of RTX’s facilities in Texas with 100 percent renewable electricity.
The agreement with ENGIE Resources, scheduled to run through 2033, will initially encompass six RTX locations in Texas starting in 2024, with plans to expand to 12 locations by 2028. Notably, this deal represents RTX’s largest renewable energy procurement to date, nearly doubling the company’s usage of renewable electricity compared to 2023.
Annette McNeely, Vice President of Environment, Health & Safety for RTX, emphasized the strategic importance of increasing renewable electricity usage in RTX’s operations.
“This agreement positions RTX on a trajectory to achieve its 2025 goal of sourcing 10 percent of its electricity from renewable sources and its 2030 goal to reduce greenhouse gas emissions by 46 percent from 2019 levels,” Annette McNeely said.
Over the next decade, the agreement will supply more than 1.5 million megawatt hours of renewable electricity, resulting in an estimated reduction of 560,000 metric tons of carbon dioxide emissions. This reduction is equivalent to the annual electricity usage of more than 100,000 homes.
The largest site covered by the agreement is RTX’s Raytheon facility in McKinney, Texas, renowned for producing high-energy lasers, sensors, and radars. Under the terms of the agreement, the McKinney location will consume over 55 percent of the total clean energy procured.
Renewable energy certificates (RECs) from ENGIE’s Priddy Wind Project, situated in Mills County, Texas, will contribute to a portion of RTX’s forecasted load in 2024. Additionally, electricity and RECs from various ENGIE renewable electricity projects in Texas, primarily new projects, will fulfill the remainder of RTX’s load for 2024 and beyond. Trio (formerly Edison Energy) played a pivotal role as RTX’s clean energy advisor in identifying, negotiating, and securing the agreement.
Joey Lange, Senior Managing Director of Energy Supply Advisory at Trio, said: “This initiative reflects a concerted effort across multiple business units to significantly impact RTX’s decarbonization goals.”
GreentechLead.com News Desk