Company Website:
http://aps.com
PHOENIX -- (Business Wire)
It’s a little-known fact, but one that has a huge impact on Arizona and
the state’s environmental well-being. The Palo Verde Nuclear Generating
Station is the country’s largest producer of emission-free energy, by
far surpassing other energy sources for producing clean,
around-the-clock power.
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According to industry data, the Palo Verde Nuclear Generating Station produces 80 percent of Arizona's clean electricity, with nearly half of the plant's output dedicated to serving Arizona consumers. In addition, Palo Verde-generated electricity displaces more than 13.2 million metric tons of greenhouse-gas emissions that would otherwise have been produced to power homes and businesses from Texas to California. Palo Verde is operated by Phoenix-based APS. (Photo: Business Wire)
No single energy source produces as much clean energy as America’s
largest nuclear power plant. For the 24th consecutive year,
Palo Verde was the nation’s biggest power producer in 2015, safely
generating 32.5 million megawatt-hours (MWh) of carbon-free electricity.
According to industry data, Palo Verde produces 80 percent of Arizona’s
clean electricity, with nearly half of the plant’s output dedicated to
serving Arizona consumers. In addition, Palo Verde-generated electricity
displaces more than 13.2 million metric tons of greenhouse-gas emissions
that would otherwise have been produced to power homes and businesses
from Texas to California.
“In a state where clear, blue skies and natural wonders like the Grand
Canyon are valued, we are doing our part to ensure Arizona’s
extraordinary beauty is preserved for future generations,” said Don
Brandt, APS Chairman, President and CEO, as well as Chairman of the
Nuclear Energy Institute. “Using electricity produced from Palo Verde’s
three units is the equivalent of removing 2.8 million cars from our
streets and highways every year. As a result, our customers have been
enjoying cleaner air since the plant first started producing electricity
in 1986.
“And, while other emission-free energy resources – like solar – will
remain a vital part of APS’s energy future, Palo Verde’s contribution to
ensuring clean energy and clear skies is undeniable. It’s one important
reason Palo Verde is recognized as a critical asset to the entire
Southwest.”
Altogether, the entire U.S. nuclear power industry helped avoid more
than 564 million metric tons of greenhouse-gas emissions in 2015, while
producing 63 percent of America’s carbon-free electricity, according to
statistics fromthe Energy Information Administration. By
comparison, energy produced by hydro, wind, solar and geothermal
collectively reduced greenhouse gases by 339 million metric tons, or 37
percent of the United States’ clean electricity. (See bar graph
included with release.)
Since it began operation in 1986, Palo Verde has produced more than 780
million MWh, providing environmentally friendly energy to more than 4
million people. About half the plant’s output serves Arizona customers
with the remaining power spread among California, New Mexico and far
west Texas. In addition to the carbon-free energy produced, the plant
has an annual economic impact of more than $1.8 billion in Arizona
through taxes, salaries, purchases of materials and services, and more.
Palo Verde is operated by APS
and jointly owned by APS, Salt
River Project, El
Paso Electric Co., Southern
California Edison Co., Public
Service Co. of New Mexico, Southern
California Public Power Authority and the Los
Angeles Department of Water & Power.
APS, Arizona’s largest and longest-serving electric utility, serves
nearly 1.2 million customers in 11 of the state’s 15 counties. With
headquarters in Phoenix, APS is the principal subsidiary of Pinnacle
West Capital Corp. (NYSE: PNW).
View source version on businesswire.com: http://www.businesswire.com/news/home/20160715005134/en/
Contacts:
APS
Media Contact:
Alan Bunnell, 602-250-3376
Analyst
Contact:
Ted Geisler, 602-250-3200
Website: aps.com/newsroom
Source: APS
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