Black Hills (US:BKH) Newsfilterยท2024-06-26 20:15Core Insights - Black Hills Corp. has made significant progress in sustainability, reporting a 27% reduction in greenhouse gas emissions from its natural gas distribution system since 2022, aiming for net zero emissions by 2035 [1][4] - The company has also reduced electric utility greenhouse gas emissions by nearly one third since 2005 and is on track to achieve a 40% reduction in electric emissions intensity by 2030 and 70% by 2040 compared to 2005 [1][5] Sustainability Initiatives - The Colorado Clean Energy Plan aims to add 400 MW of renewable energy and battery storage, targeting an 89% reduction in GHG emissions by 2030 compared to 2005 [5] - Black Hills Corp. has expanded its renewable natural gas (RNG) presence through infrastructure investments and a voluntary RNG and carbon offset program for eligible customers [5] - The company received a grant to partner on a pilot hydrogen plant project, converting coal to clean hydrogen at its Neil Simpson energy complex in Wyoming [5] Community Engagement - In 2023, Black Hills Corp. contributed $6.1 million to community support initiatives, including energy assistance, grants, scholarships, and tree planting [5] - Employees donated $495,000 to over 45 United Way organizations, with a 25% match from the Black Hills Corp. Foundation [5] Economic Impact - The company's direct economic impact in 2023 totaled $1.35 billion, reflecting its commitment to safety, reliability, and sustainability in utility systems [5][6]