We recognise climate change as being a major issue, where International Power has an important part to play in managing its emissions, primarily carbon dioxide.
We are an energy company, and as well as electricity we also produce heat, steam and desalinated water for our customers.
Our strategy towards dealing with climate change has three main elements;
Generating electricity more efficiently
We install high efficiency generating plant with proven environmental technology at our new power stations to enable us to produce electricity competitively and with low emissions. In addition, we regularly review the thermal efficiency at our power stations in all regions and implement improvement programmes. These range from steam turbine upgrades, improving combustion conditions and reducing the electricity used on site.
We have continued to grow our renewables portfolio, although the balance of our portfolio is wind, we have a small but growing presence in other renewable technologies such as tidal, solar and biomass. We will seek to further expand our renewables portfolio by acquisition and organic growth through working with local developers.
Investing in low carbon fossil fuel generation
We continued to invest in the development of low carbon technologies. Our carbon capture and storage project at Hazelwood, in Australia, made good progress. The pilot project first went live in April 2009 and has been successfully capturing 25 tonnes of CO2 per day.
We have dedicated resources within our Operations and Engineering Teams to review technology trends and advances to ensure we are best positioned to participate in the drive towards a lower carbon environment internationally.
Our strategy has helped us to reduce emissions from 0.715 kg of CO2/kWh in 2006, to 0.627 kg of CO2/kWh in 2010. Further information on our emissions data can be found in the Environment data section.
In order to provide an accurate representation of our total emissions for all products we have developed a methodology which has allowed us to calculate our data normalised by kWh equivalent. From 2005 we have used net reporting of CO2, which reflects the extent of our ownership of each asset.
International Power has endorsed the ‘The Path to Climate Sustainability' which is a joint statement by the Global Roundtable on Climate Change (GROCC).
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