Arizona Public Service Company (APS)
Climate Impact & Sustainability Data (2023-2038)
Reporting Period: 2023-2038
Environmental Metrics
Renewable Energy Share:45% by 2030 (target)
ESG Focus Areas
- Reliability
- Affordability
- Sustainability
- Clean Energy
Environmental Achievements
- 45% Renewable / 65% Clean energy by 2030 commitment
- Continued investment in renewables as the most cost-effective option
- Four Corners power plant exit in 2031
Social Achievements
- Extensive stakeholder engagement through RPAC meetings, workshops, public comment periods, and online surveys
- Various customer programs promoting energy efficiency, demand response, and EV adoption
Governance Achievements
- Transparent and comprehensive Integrated Resource Plan (IRP) process
- Incorporation of stakeholder feedback into IRP development
Climate Goals & Targets
Medium-term Goals:
- Achieve 45% Renewable / 65% Clean energy by 2030
Short-term Goals:
- Scale Virtual Power Plant (VPP) in the next decade
Environmental Challenges
- Large growth requiring strategic infrastructure build-out
- Transmission development timelines (average 12 years)
- Permitting and routing delays for transmission projects
- Supply chain disruptions and inflationary pressures
Mitigation Strategies
- Diligent planning and stakeholder engagement
- Exploration of Western Market options (SPP vs. CAISO)
- Advocating for federal actions to accelerate transmission development (e.g., Westwide Energy Corridor Designation, Coordinated Interagency Transmission Authorizations and Permits Program)
- Leveraging IRA tax credits to offset costs and incentivize clean energy projects
Supply Chain Management
Responsible Procurement
- Utilizing domestically manufactured materials for IRA tax credit bonuses
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products and services