Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Commodities»Cherryland Electric On Track To Achieve 100 Percent Carbon-Free Energy By 2030
    Commodities

    Cherryland Electric On Track To Achieve 100 Percent Carbon-Free Energy By 2030

    August 29, 20243 Mins Read


    By Craig Manning
    |
    Aug. 29, 2024

    One of northern Michigan’s electric utilities is on track to hit a 100 percent carbon-free energy goal well ahead of schedule.

    Cherryland Electric Cooperative is a member of the larger Wolverine Power Cooperative, a nonprofit member-owned power generation co-op with multiple rural electric cooperative members throughout the state. According to a new press release from Wolverine, the co-op is “on track to achieve 100 percent carbon-free energy by 2030, 10 years ahead of Michigan’s 2040 target.” By extension, Cherryland Electric will also be a totally carbon-free power provider by the end of the decade.

    “We have integrated clean energy into our portfolio for years and are proud to lead the way in Michigan,” said Eric Baker, CEO of Wolverine Power Cooperative. “Our priority is to approach this transition thoughtfully, ensuring our members and their communities receive carbon-free energy that is both affordable and reliable.”

    Carbon-free and clean energy goals have been a big trend in the electricity world over the past 10 years. Last year, Governor Gretchen Whitmer signed a “Clean Energy & Climate Action Package” of bills into Michigan law, including a new 100 percent clean energy standard. Under that standard, Michigan pledges to produce 50 percent of its energy from renewable sources by 2030, 60 percent by 2035, and 100 percent by 2040. The legislation was touted as a way to “protect Michigan’s air, land, and water for future generations” and to “drive down costs for consumers while reducing the state’s reliance on foreign fuel…”

    Similar standards have also been adopted in northern Michigan, including pledges by the City of Traverse City to use clean energy for all its own metered operations by 2020 and a goal of achieving 100 percent renewable energy community-wide by 2040.

    Speaking to The Ticker, Cherryland Electric CEO Rachel Johnson expresses enthusiasm about the Wolverine Power announcement and how it puts Cherryland “on track to meet and exceed Michigan’s new clean energy standards and to do so faster and more reliably than anyone else.”

    “As we continue to navigate the complexities of the clean energy transformation, I am deeply grateful for the trust our members and community place in us to help them meet their energy goals,” Johnson says. “With their support, we have built a resilient, industry-leading power supply portfolio that is clean, reliable and affordable.”

    The primary driver behind Wolverine’s quicker-than-average pivot to renewable sources is the cooperative’s recent commitment to buy the majority of the power produced by the soon-to-be-rebooted Palisades Nuclear Power Plant, located between South Haven and Benton Harbor. The Ticker took a look at that agreement back in April, exploring how the previously decommissioned nuclear plant might soon impact northern Michigan’s power grid. Johnson said at the time that Cherryland was already 60 percent carbon-free, and that the impending restart of Palisades – along with numerous under-construction solar projects throughout the state – would bring the utility to “well over 90 percent carbon-free.”


    Comment





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    One impossible number stood in the way of unlimited energy production — Nevada scientists now believe they’ve hit it

    Commodities

    The 10 best black metal albums of 2025

    Commodities

    FAO: 72,000 West Bank families need emergency agricultural assistance

    Commodities

    Metal Halide Perovskite Films Emit Triboluminescence

    Commodities

    Can Bloom Energy Stock Beat the Market in 2026?

    Commodities

    Bloom Energy Stock Skyrocketed 300% In 2025: Is The Party Over?

    Commodities
    Leave A Reply Cancel Reply

    Top Picks
    Investments

    London property: 29% of GCC high-net-worth investors bought real estate in past year, AlRayan Bank reveals

    Property

    One in three UK developers cutting back or pausing projects, survey reveals | News

    Commodities

    LISTEN: Feast or Fowl? Why You Might Pay More for Turkey and Eggs This Holiday Season

    Editors Picks

    Commodities dealer who swindled £19million from investors for luxury lifestyle must pay back £6million or face more jail time

    January 30, 2025

    Robinhood Completes Acquisition of Bitstamp Cryptocurrency Exchange

    June 4, 2025

    North East property market defies national trends as new builds rise by 33%

    May 6, 2025

    le monde a installé 10 fois plus de solaire que de charbon en 2024

    April 3, 2025
    What's Hot

    Fenton supplier’s new clay will reduce pottery energy costs

    September 29, 2025

    La fintech Qonto déploiera SAP S/4HANA début 2026 dans le Cloud public

    March 13, 2025

    SW Investments Limited annonce ses résultats pour le troisième trimestre et les neuf mois clos le 31 décembre 2024 -Le 29 janvier 2025 à 15:11

    January 29, 2025
    Our Picks

    Japan Post Bank Plans Digital Currency Pivot Amid Bond Market Crisis

    August 31, 2025

    Ex-NatWest chief Alison Rose named UK chair of fintech FNZ

    November 17, 2025

    Gold Holds Near Record High After Bets on Fed Rate Cuts Surge

    September 7, 2025
    Weekly Top

    Gold breaks $4,500 mark as precious metals rally to historic highs 

    December 24, 2025

    Is Netflix the new HGTV?

    December 24, 2025

    FAO: 72,000 West Bank families need emergency agricultural assistance

    December 24, 2025
    Editor's Pick

    5 Best Palladium Stocks Right Now • Benzinga

    July 3, 2025

    Grayscale pousse la SEC à approuver le jalon Etf Etf, citant 61 millions de dollars perdus en récompenses

    April 30, 2025

    Paving The Way To A Clean Energy Future

    October 13, 2025
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.