Environment
leading the clean energy transition
At Ormat, we lead the way to a lower carbon future by providing renewable energy and storage services to communities around the globe. We’re also committed to mitigating the effects of climate change by closely tracking and reducing emissions associated with our own operations and business practices.
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As of the end of 2022, we own and operate: 980 MW Geothermal in 6 countries, 88 MW Energy Storage, 53 MW Recovered Energy Generation (REG) and 37 MW Solar PV
INCREASING CLEAN ENERGY PRODUCTION
From 2019-2022, our production portfolio increased by 21%. In 2022, we had a 2% increase in production of renewable energy compared to 2021.
In 2022 we generated:
- 34,882 Total MWh of (gross) solar energy
- 8,112,420 Total MWh of (gross) geothermal energy
- 351,056 Total MWh of (gross) REG
- 129,368 Total MWh of (Net) 13 storage provided
Additionally, the renewable energy we generated avoided 2,209,290 metric tonnes of CO2e emissions, compared to the local grid carbon intensity at our locations.
Our energy storage facilities also provided 129,368 MWh of services to the grid in 2022, a 14% increase from 2021.
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Geothermal energy is a local resource, offers communities reliable renewable energy 24/7, and is not affected by weather. Our geothermal power plants emit 99% less CO2 and 97% less sulfur compounds compared to fossil fuel plants of a similar size.
CARBON REDUCTION TARGETS
We’re on a journey to set carbon reduction targets and identify and address critical gaps to align with GHG Protocol and SBTi guidance. As part of our target-setting, we’re identifying possible near- and long-term decarbonization measures. In 2023 we started the process, and in 2024 we intend to select a target type and submit near- and long-term targets to the Science-Based Targets Initiative.
We look forward to joining other companies that have committed to global emissions-reduction goals in alignment with the Paris Agreement.
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scope 1
12% reduction
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scope 2
62% reduction
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INTENSITY
25% reduction in GHG emissions intensity (tCO2e/MWh)
*Compered with 2019 baseline
We also secured 97% electricity consumption from self-generated sustainable energy.
OUR UPDATED TARGET AS OF 2023:
5% ANNUAL REDUCTION IN SCOPE 1 AND 2 GHG EMISSIONS INTENSITY (tCO2e/MWH) COMPARED TO OUR 2019 BASE YEAR.
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Between base year 2019 and 2022, our absolute Scope 1 and 2 emissions decreased by 19%. Excluding new assets, our emissions have decreased by 29%.
MANAGING WATER AND WASTE
The management of water resources is critical and we’re committed to using it in the most sustainable manner. We aim to lead the sector and actively manage our water resources, especially in “water-stressed” areas. Our goal is to maximize water recycling at all locations by 2025.
We’re dedicated to managing waste and material use in an environmentally responsible way. To minimize our impact on the natural environment, we seek to reduce, reuse, reclaim, or recycle materials whenever possible. We’ve implemented voluntary waste reduction and reuse initiatives across our sites, including oil reuse, metal recycling, and construction waste removal.
In 2022, we collected 750 tons of metal and materials from surroundings were collected in 2 major projects.
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In 2022, we achieved a 39% increase in waste recycling, compared to 2021. 79% of our non-hazardous waste is recycled and 53% of our total (non-hazardous and hazardous) waste is recycled.
BIODIVERSITY INITIATIVES
We work to manage our impact on biodiversity across all phases of our projects including exploration, planning and construction, and operations and maintenance.
KEY BIODIVERSITY INITIATIVES INCLUDE:
- NV: Field mouse study to ensure geothermal plant operations are not impacting mice’s habitats
- NV: Sage Grouse bird project in Nevada to help avoid operational impact on breeding season
- CA: Local deer program focused on remediation efforts related to pipelines and migratory paths
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The Ormat Integrated Quality, Environment, Health and Safety Policy outlines our commitment toIntegrated principles of environmental sustainability and efforts, through the management of relevant risk and opportunities.
ORMAT ENVIRONMENTAL FAST FACTS
Leader in the geothermal energy sector, with a range of innovative products and solutions that contribute to the global renewable energy transition
ORMAT ENVIRONMENTAL FAST FACTS
Built geothermal and recovered energy power plants that produce more than 3,200 MW in 29 countries
ORMAT ENVIRONMENTAL FAST FACTS
Operate all of our geothermal and recovered energy power plants primarily without fossil fuel power
ORMAT ENVIRONMENTAL FAST FACTS
Continue to reduce our environmental impact as it relates to climate, water use, and waste reduction