PHOENIX
-- It’s a little-known fact, but one that has a huge impact on
Arizona
and the state’s environmental well-being.
The Palo Verde Nuclear Generating Station
is the country’s largest producer of emission-free energy, by far surpassing other energy sources for producing clean, around-the-clock power.
No single energy source produces as much clean energy as America’s largest nuclear power plant. For the 24
th
consecutive year,
Palo Verde
was the nation’s biggest power producer in 2015, safely generating 32.5 million megawatt-hours (MWh) of carbon-free electricity.
According to industry data,
Palo Verde
produces 80 percent of Arizona’s clean electricity, with nearly half of the plant’s output dedicated to serving
Arizona
consumers. In addition,
Palo Verde
-generated electricity displaces more than 13.2 million metric tons of greenhouse-gas emissions that would otherwise have been produced to power homes and businesses from
Texas
to
California
.
“In a state where clear, blue skies and natural wonders like the
Grand Canyon
are valued, we are doing our part to ensure Arizona’s extraordinary beauty is preserved for future generations,” said
Don Brandt
, APS Chairman, President and CEO, as well as Chairman of the
Nuclear Energy Institute
. “Using electricity produced from Palo Verde’s three units is the equivalent of removing 2.8 million cars from our streets and highways every year. As a result, our customers have been enjoying cleaner air since the plant first started producing electricity in 1986.
“And, while other emission-free energy resources – like solar – will remain a vital part of APS’s energy future, Palo Verde’s contribution to ensuring clean energy and clear skies is undeniable. It’s one important reason
Palo Verde
is recognized as a critical asset to the entire Southwest.”
Altogether, the entire U.S. nuclear power industry helped avoid more than 564 million metric tons of greenhouse-gas emissions in 2015, while producing 63 percent of America’s carbon-free electricity, according to statistics from
the
Energy Information Administration
. By comparison, energy produced by hydro, wind, solar and geothermal collectively reduced greenhouse gases by 339 million metric tons, or 37 percent of the United States’ clean electricity.
(See bar graph included with release.)
Since it began operation in 1986,
Palo Verde
has produced more than 780 million MWh, providing environmentally friendly energy to more than 4 million people. About half the plant’s output serves
Arizona
customers with the remaining power spread among
California
,
New Mexico
and far west
Texas
. In addition to the carbon-free energy produced, the plant has an annual economic impact of more than
$1.8 billion
in
Arizona
through taxes, salaries, purchases of materials and services, and more.
Palo Verde
is operated by
APS
and jointly owned by APS,
Salt River Project
,
El Paso Electric Co
.,
Southern California Edison Co.
,
Public Service Co. of New Mexico
,
Southern California Public Power Authority
and the
Los Angeles Department of Water & Power
.
APS, Arizona’s largest and longest-serving electric utility, serves nearly 1.2 million customers in 11 of the state’s 15 counties. With headquarters in
Phoenix
, APS is the principal subsidiary of
Pinnacle West Capital Corp
. (NYSE: PNW).
Media Contact:
Alan Bunnell (602) 250-2104
Analyst Contact:
Ted Geisler (602) 250-3200