The benefits of transitioning to LR100™ include: A truly circular solution, the wastes discarded by the local food service industry will now be used to heat and cool businesses and institutions in the same city. Permits have already been acquired and the biogenic fuel tested in Philadelphia, with implementation in Boston on the immediate horizon and other districts to follow. Now, in partnership with Lifecycle Renewables, Vicinity will begin to integrate LR100™ across each of its facilities over time. Vicinity Energy centrally produces and distributes steam, hot water and chilled water to over 230 million square feet (nearly eight square miles) of building space nationwide. The partnership also enables the immediate expansion of Lifecycle’s operations in Philadelphia, creating local jobs and supporting economic growth. The partnership will provide Vicinity with expanded access to this clean, renewable fuel to replace conventional fossil fuel oil in its district energy facilities, a milestone in the company’s roadmap to reach net zero carbon by 2050. PHILADELPHIA, Ap– Vicinity Energy, owner of the nation’s largest portfolio of district energy systems, announces it has signed a long-term fuel supply agreement with Lifecycle Renewables, a Boston-based firm that produces LR100™, a unique biogenic fuel derived from waste vegetable oil and fats discarded by the food service industry. Vicinity’s supply agreement with Lifecycle Renewables will cut carbon emissions, recycle over 600,000 gallons of Philadelphia food service industry waste oil annually and support economic growth For more detailed information, read the complete Vicinity Clean Energy Future. The immediate next step in the plan includes incorporating biofuels in select district energy facilities, starting this winter. Vicinity’s new Clean Energy Future is intended to reduce an additional 1.7 million tons of carbon across the 12 major cities where it operates, which means reducing emissions by an additional 55,000 tons every year to reach net zero carbon by 2050. “Together with our employees and strong local partners, we will reach this goal by 2050 so that our communities can thrive in a much greener future.”Ĭurrently, Vicinity eliminates more than 500,000 tons of CO2 annually from its operations, the equivalent of taking 110,000 cars off the road. As clean energy technologies continue to evolve, our team is dedicated to leading the transition to a net zero carbon future by innovating, adapting quickly to renewable strategies and developing opportunities to green our system,” said Bill DiCroce, Vicinity President and CEO. “Our goal is to preserve the environment for future generations and ensure that energy remains affordable to our customers so they can continue to put their dollars toward mission-critical core operations.
Purchasing renewable electricity for Vicinity plants and auxiliary assets.Engineering microgrid and distributed energy solutions that leverage biofuel-capable CHP systems to improve resiliency.Investing in efficiency projects and district infrastructure.Electrifying generation to further reduce carbon emissions as the grid gets greener.
Utilizing biofuels as an alternative to fossil fuels.In this next phase of its long-term energy vision, the company will continue to introduce renewables into its fuel supply mix and integrate large- and small-scale combined heat and power (CHP) resources to increase the efficiency of its district energy systems.īy building on this foundation to achieve net zero carbon emissions, Vicinity is clearly focused on a greener, cleaner, more sustainable future. For more than 50 years, Vicinity has adapted and innovated to deploy cleaner energy technologies and strategies as they’ve become available – helping to reduce the carbon impact in cities like Cambridge, Boston, Philadelphia, Baltimore, and Kansas City. Vicinity Energy provides heat, hot water, cooling, chilled water, sterilization and humidification to over 230 million square feet (nearly eight square miles) of customer facilities in major cities across the United States. America’s largest district energy provider will combine its efficient and sustainable CHP infrastructure with renewables, biofuels and other technologies to slash carbon emissionsīOSTON, October 22, 2020 – Vicinity Energy, the nation’s largest district energy provider, announces its plan to reach net zero carbon emissions for all of its operations by 2050
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