Coal, Gas, Renewables, Solar, Wind

Sempra Energy releases fifth annual corporate report

Sempa Energy (NYSE: SRE) released its fifth annual corporate responsibility report Wednesday, discussing its efforts in several areas including meeting demands for lower-carbon energy.

According to the report, Sempra U.S. Gas and Power brought more than 850 MW of renewable energy online in 2012, including two major solar power projects and three wind power projects, with the wind projects done in partnership with BP wind.

The report also stated San Diego Gas & Electric provided more than 20 percent of electricity from renewable sources in 2012. Under California renewable energy standards, the company will need to increase that amount to 33 percent by 2020.

The company stated in the report that it expects 1,200 MW, or around one-third, of the total generating capacity of its business units will be from renewable resources by 2017.

The company also discussed its use of natural gas-fired power generation. Sempra Energy business units currently have six natural gas-fired power plants with a combined generation capacity of 2,443 MW. The plants are located in Arizona, California, Nevada and Baja California, Mexico. The company stated the natural gas-fired plants are its single largest source of greenhouse gas emissions, but create half the emissions as using coal-fired power generation would.

Sempra energy has four principal subsidiaries: Southern California Gas Co.; San Diego Gas & Electric; Sempra U.S. Gas & Power; and Sempra International.

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