This month PSE signed a 15-year power purchase agreement (PPA) with Invenergy, the leading privately-held developer, owner, and operator of sustainable energy solutions. This new partnership moves us closer to our 2030 clean energy target and helps us comply with the state’s clean energy policies; through this partnership, we’ll buy enough energy to power more than 26,000 homes every year!
As one of the largest developers of clean and renewable energy projects in the world, Invenergy brings extensive experience to the partnership. The 90 MW Vantage Wind Energy Center is an existing facility in central Washington, allowing us to bring power to our customers by maximizing existing, reliable renewables from an experienced operator.
“This is an exciting time for us as we move toward achieving our goal of reducing our own carbon emissions to net zero by 2045,” said Ron Roberts, PSE’s vice president of energy supply. “We do this as we continue our unwavering commitment to provide safe, reliable service at the lowest reasonable costs for customers, 24 hours a day, 7 days a week, even on the hottest and coldest days.”
Access to reliable, cost-effective energy is essential and this partnership ensures the benefits of clean energy are distributed equitably and provide a strong foundation for building a more inclusive, carbon-free future. As part of the PPA, we’ll be able to track and report on customer benefits associated with the project to support our Clean Energy Implementation Plan (CEIP).
“PSE has an ambitious net zero timeline, and by leveraging the existing renewable resources from Vantage Wind Farm, PSE is taking a big step toward reaching those goals,” said Jim Shield, Invenergy senior executive vice president and development business leader. “This exciting partnership will deliver cleaner, cost-effective energy to Washington residents while advancing the state’s vital energy goals.”
PSE’s new partnership with Invenergy helps advance Washington’s clean energy transition
