ONE ENERGY FEED
In this article, One Energy CEO Jereme Kent chats with Power, Finance & Risk reporter Taryana Odayar about goals and strategies for the company’s Series D capital raise. (Please note that this article is published behind Power, Finance & Risk‘s paywall.)
One Energy is featured in LafargeHolcim’s Sustainability Report, which highlights the multinational company’s initiatives in climate and energy, circular economy, the environment, and community impact.
In addition to the emission reduction benefits, LafargeHolcim also wrote about the community contributions of the Megawatt Scholarship program.
The project is the first LafargeHolcim operation in North America to harness wind energy.
Upon the groundbreaking of LafargeHolcim’s Wind for Industry project in Paulding, Ohio, reporter Kathiann M. Kowalski spoke to LafargeHolcim and One Energy.
The article discusses Wind for Industry, the long-term fixed price hedge available via the One Energy REA, LafargeHolcim’s energy efficiency focus, and more.
Per the article: “LafargeHolcim plant manager Robert Pitt sees the company’s 20-year renewable energy agreement with One Energy as ‘a nice long-term fixed price hedge’ on electricity costs, which should let it save money over retail electricity rates.
“’And of course, every opportunity we can to reduce our carbon footprint, we try to take,’ Pitt added. LafargeHolcim has a global goal of 40% lower net carbon emissions per metric ton by 2030, compared to 1990.”
One Energy’s Renewable Energy Agreement (REA) is not like other power purchase agreements (PPAs). Jeffrey Steele interviewed One Energy’s Head of Regulatory Affairs Katie Treadway about how signing a contract for Wind for Industry means directly receiving the electrons from our wind turbines and paying a fixed rate for 20 years. In this article, he compared our REA to other, more virtual PPAs in the industry.
When Ball Corporation came to us asking for three more wind turbines, what they really received was more control over their energy bill, and continued security for their 370+ employees. North American Windpower’s Betsy Lillian wrote about Ball’s now-six wind turbines providing ~30% of the plant’s electricity.
Making cement takes a lot of energy. That’s why LafargeHolcim decided to have One Energy install on-site wind energy at their cement plant in Paulding, OH. The three wind turbines supply about a fifth of the plant’s energy needs, and gives them fixed rates for the 20-year duration of the turbines.
One of One Energy’s earliest customers, Cooper Farms, describes their Wind for Industry project as “One of the most impactful ways Cooper Farms is helping to keep the local community clean” in the feature story of their periodic report.
The three Wind for Industry wind turbines at their Van Wert Cooked Meats plant provide 75% of the plant’s power, making the project both cost-effective and sustainable for their manufacturing process.
View pages 5 and 6 of Issue 3 of their 2019 Cooper Connection report to see how wind energy fits into Cooper Farms’ agenda for keeping the planet clean.
Gary Daughters of Site Selection Magazine visited the North Findlay Wind Campus and wrote about our growth as a company, our customers and their reasons for investing in Wind for Industry, and most importantly, our chef.
In this Emmy-nominated episode of PBS’ NOVA documentary series, Wind for Industry was highlighted as a way to mitigate the dangerous effects of carbon pollution on the planet.
One Energy customer Whirlpool Corporation and our CEO Jereme Kent discuss how large power users can adapt their business and reduce environmental impacts using on-site wind energy. The segment begins at 1:42:38.