1、Brought to you in partnership with2050204020302020ForewordFor the third year,the Annual Utility Decarbonization Report evaluates and ranks the leading U.S.investor-owned utilities based on their decarbonization efforts.And this year,for the first time,it includes industry spotlights on public utilit
2、ies and natural gas providers,shedding light on their progress and responsibility in lowering emissions.As the utility sector continues on the critical pathto decarbonization,collaboration across all typesof utilitiesinvestor-owned,public,and gasis paramount.A pragmatic approach to a changing fuel m
3、ix must be adopted,all the while putting emphasis on:Each sub-sector,therefore,has the opportunity to play a vital role in shaping a sustainable future for the U.S.and beyond,with the success of the transition hinging on the ability of these entities to work together.ImpactreportingTechnologyinvestm
4、entWorkforcedevelopmentNPUC ANNUAL UTILITY DECARBONIZATION REPORT 2024 iiTable Of Contents01The Context0102The 2024 U.S.UtilitiesDecarbonization Index 2024 Decarbonization Index Metric BreakdownYearly ProgressionMethodology&Changes10122808062903The U.S.Utilities Impact Report CardImpact Report Card3
5、3Reporting Landscape37Methodology&Relevance32The Path Forward0647U.S.Public Utility Spotlight0439Bibliography0854About Us07Decarbonization Channel52Collaborators53NPUC5150U.S.Gas Utility Spotlight0542NPUC ANNUAL UTILITY DECARBONIZATION REPORT 2024 iiiTheContextThe energy landscape in which utilities
6、 operated in 20222023.01 The Context 01Since the inception of the Annual Utility Decarbonization Report in 2022,weve witnessed U.S.investor-owned utilities(IOUs)demonstrate innovation in this endeavor.There remain,however,significant challenges in the path forward,especially within the context of an