Potential offtaker

Massachusetts Institute of Technology

www.mit.edu

Estimated electricity consumption

N/A

Countries of production presence

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Massachusetts Institute of Technology (MIT) is a private research university located in Cambridge, Massachusetts, United States. It was founded in 1861 and has since been at the forefront of technological innovation and research. MIT has a strong focus on science, engineering, and mathematics, and is widely regarded as one of the world's leading universities.

MIT is committed to sustainability and decarbonisation, and has taken several steps towards achieving this goal. The university has set a target of achieving net-zero emissions by 2050, and has already made significant progress towards this goal. MIT has reduced its greenhouse gas emissions by 32% since 2014, and has implemented several initiatives to further reduce its carbon footprint.

One of the key initiatives undertaken by MIT is the implementation of a corporate energy strategy. The university has partnered with energy companies to develop a comprehensive energy management plan that includes the use of renewable energy sources, energy efficiency measures, and the adoption of new technologies. MIT has also implemented a corporate power purchase agreement (PPA) to source renewable energy from wind and solar farms.

The corporate PPA allows MIT to purchase renewable energy directly from wind and solar farms, which helps to reduce the university's carbon footprint. The PPA also provides a long-term price stability for energy, which helps to reduce the university's energy costs. MIT has also installed solar panels on its campus, which generate renewable energy and help to reduce the university's reliance on fossil fuels.

MIT has also implemented several energy efficiency measures to reduce its energy consumption. The university has installed energy-efficient lighting and HVAC systems, and has implemented a building automation system that helps to optimise energy usage. MIT has also implemented a green building certification program, which recognises buildings that meet high standards of sustainability and energy efficiency.

MIT has also undertaken several research initiatives to support decarbonisation and renewable energy. The university has a strong focus on research in the areas of renewable energy, energy storage, and energy efficiency. MIT has also established several research centres, including the Energy Initiative and the Tata Center for Technology and Design, which focus on developing sustainable energy solutions.

MIT has also established several partnerships with industry and government to support decarbonisation and renewable energy. The university has partnered with several energy companies to develop new technologies and solutions for renewable energy and energy storage. MIT has also partnered with the US Department of Energy to develop new technologies for energy efficiency and renewable energy.

In conclusion, MIT is a leading university that is committed to sustainability and decarbonisation. The university has implemented several initiatives to reduce its carbon footprint, including the use of renewable energy sources, energy efficiency measures, and the adoption of new technologies. MIT has also undertaken several research initiatives and partnerships to support decarbonisation and renewable energy. The university's commitment to sustainability and decarbonisation makes it a leader in the field of sustainable energy and a model for other universities and organisations to follow.

✓ Current offtaker under Corporate PPA's