Potential offtaker

Princeton University

www.princeton.edu

Estimated electricity consumption

N/A

Countries of production presence

N/A

Princeton University is one of the most prestigious and well-respected universities in the world. Located in Princeton, New Jersey, United States of America, it was founded in 1746 as the College of New Jersey. It is a private Ivy League research university that has consistently ranked among the top universities in the world. Princeton University is known for its rigorous academic programs, world-class research facilities, and commitment to sustainability.

Princeton University has been a leader in the decarbonisation movement. The university has set a goal to achieve net-zero greenhouse gas emissions by 2046, which is the 300th anniversary of the university's founding. To achieve this goal, Princeton University has implemented a number of initiatives to reduce its carbon footprint. These initiatives include the installation of solar panels, the use of geothermal energy, and the implementation of energy-efficient technologies.

One of the key initiatives that Princeton University has implemented is the use of corporate energy. Corporate energy is the practice of using renewable energy sources to power a company's operations. This includes the use of solar, wind, and geothermal energy. Princeton University has invested heavily in renewable energy sources, including the installation of solar panels on campus buildings. These solar panels generate clean energy that is used to power the university's operations.

In addition to the use of renewable energy sources, Princeton University has also implemented corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider. The company agrees to purchase a certain amount of renewable energy from the provider, and the provider agrees to supply that energy at a fixed price. This allows companies to access renewable energy sources without having to invest in the infrastructure themselves.

Princeton University has signed several corporate PPAs with renewable energy providers. These agreements have allowed the university to access clean energy at a fixed price, which has helped to reduce the university's carbon footprint and save money on energy costs.

Princeton University's commitment to renewable energy and decarbonisation has not gone unnoticed. The university has received numerous awards and recognitions for its sustainability efforts. In 2019, Princeton University was named the number one green university in the United States by the Princeton Review. The university was also recognized by the Association for the Advancement of Sustainability in Higher Education (AASHE) for its sustainability efforts.

Princeton University's commitment to sustainability extends beyond its use of renewable energy sources. The university has implemented a number of initiatives to reduce waste and promote sustainable practices. These initiatives include the use of composting and recycling programs, the implementation of energy-efficient lighting and HVAC systems, and the promotion of sustainable transportation options.

Princeton University has also launched several research initiatives to advance the field of sustainability. The university's Andlinger Center for Energy and the Environment is a leading research center that is focused on developing sustainable energy solutions. The center conducts research on renewable energy, energy storage, and energy efficiency, among other topics.

In addition to its research initiatives, Princeton University has also launched several educational programs focused on sustainability. The university offers a number of courses and degree programs in environmental studies, sustainable energy, and sustainability policy. These programs are designed to prepare students to become leaders in the field of sustainability and to help address the global challenges of climate change.

In conclusion, Princeton University is a leader in the decarbonisation movement. The university's commitment to renewable energy, corporate energy, corporate PPAs, and sustainability has helped to reduce its carbon footprint and promote sustainable practices. Princeton University's efforts to advance the field of sustainability through research and education have also positioned the university as a global leader in the fight against climate change.

✓ Current offtaker under Corporate PPA's