Norfolk Southern buys renewable power to run ops in Pennsylvania

Image source: Norfolk Southern (Twitter; @nscorp)

October 6 (Renewables Now) - US railway transportation company Norfolk Southern Corporation (NYSE:NSC) has signed contracts with Dynegy and Champion Energy to purchase 100% renewable power to supply its operations in the Altoona and Reading regions of Pennsylvania.

Norfolk Southern said in a statement on Wednesday that it will buy almost 59,000 MWh of clean energy under one three-year and one four-year contract. All electricity it buys will be produced from renewable sources such as wind, solar, geothermal, biomass, or hydroelectric. The purchased volumes should offset emissions from the electricity used to power Norfolk Southern offices and facilities in the regions.

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The company has established a goal to achieve 30% renewable energy in total energy usage across its 22-state network by 2030. The new contracts will lead to Norfolk Southern using renewable energy sources for about 28% of its electricity consumption in the state of Pennsylvania.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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