Intel president Paul Otellini
Intel chief Paul Otellini has reaffirmed his company's commitment to green energy

Intel powers up green electricity

Chip firm bets big on renewable energy

Iain Thomson

Intel has become the largest customer for 'green' electricity in the US after buying more than 1.3 billion kilowatt hours a year of renewable energy certificates.

The certificates have been bought from the US Environmental Protection Agency, and will fund solar, small hydro-electric and biomass power supplies.

Advertisement

The purchase moved Intel instantly to the top spot on the Fortune 500 Green Power Partners list.

"We have a long history of commitment to the environment, and energy efficiency is an important consideration in everything we do, from building transistors to designing microprocessors and running factories," said Intel president Paul Otellini.

Otellini is also a member of the Copenhagen Climate Council, a group of industry leaders working to achieve an effective global climate treaty at next year's UN Environmental Summit.

"Our renewable purchase is just one part of a multi-faceted approach to protect the environment, and one that we hope spurs additional development and demand for renewable energy," Otellini added.

Intel is buying the certificates in an attempt to offset some of its power use. Renewable power providers in areas where Intel operates will receive funds to build their businesses.

The distribution is handled by renewable energy specialist Sterling Planet.

"Intel's investment provides significant economic stimulus to production-based renewable energy markets that benefit from the additional demand and liquidity that such a large volume purchase creates," said Mel Jones, president of Sterling Planet.

"This purchase benefits the tradable renewable energy markets and adds greatly to the underlying economics of renewable energy project development."

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Related whitepapers

Related jobs

Most watched

Summit video: Intel discusses processors designed for data overload (part one of two)

Intel explains how its Xeon processors can handle data-intensive apps

Summit: Intel discusses processors for data overload (part 2 of 2)

More thoughts on how servers can help manage overload

Analysis and Reports

Remote access - Three steps to getting connected

3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network

This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

deloitte

Summit interview: Deloitte discusses security implications of the data deluge

We chat to Mike Maddison, UK head of Security, Privacy...

ibm logo

IBM boosts mobile shopping with WebSphere Commerce

Update designed to give mobile users a richer, more personalised...

Summit: Intel discusses processors for data overload (part 2 of 2)

More thoughts on how servers can help manage overload

chrome logo

Google plans a Mac version of Chrome

A Mac-friendly version of the browser is in the pipeline

Primary Navigation