Bethesda, Md.- PG&E Corporation's
(NYSE: PCG) National Energy Group announced today that Kinko's Inc.,
will set a new corporate environmental precedent by agreeing to
be the first to purchase Pure Windsm certificates from the company's
11.5-megawatt Madison Windpower Project, currently under construction
in central New York State.
Kinko's, the world's premier
"clicks and bricks" document solutions provider and recognized environmental
leader, has announced its intention to buy Pure Windsm certificates
associated with 50 percent of Kinko's statewide electric demand.
Kinko's intended purchase corresponds to approximately 4.5 million
kilowatt hours of emission-free electricity supplied by the Madison
Windpower Project to the New York power pool.
"When we created the Pure
Windsm program, we wanted to provide other like-minded companies
with the opportunity to demonstrate their commitment to environmental
leadership," said PG&E National Energy Group Director of Strategy
and New Initiatives G. Muir Davis. "Kinko's has done exactly that,
coming on board with Pure Windsm and Madison Windpower just after
we started construction on the project. Our companies share a common
goal in continuing to raise the bar for excellence and reducing
the environmental impacts of our business operations."
Kinko's sets a high standard
for corporate stewardship. Its environmental initiatives include
energy efficient lighting in stores, a commitment to not knowingly
purchase wood or paper products derived from the harvesting of old-growth
forests, and a commitment to offering a wide selection of recycled
and tree-free paper stocks. In 1999, Kinko's increased the amount
of recycled paper it purchased by more than 21 percent.
"Environmental stewardship
runs deep at Kinko's," said Kinko's Area Vice President Rob Schlacter.
"We view the Pure Windsm initiative as a chance for us to extend
our efforts and pioneer a whole new approach to corporate environmentalism."
According to Larry Rogero,
Kinko's environmental manager, Kinko's has previously purchased
renewable energy for approximately 90 of its stores located in California,
Colorado and Pennsylvania. "Kinko's Environmental Vision Statement
explicitly states that we will use energy-efficient technologies
and renewable energy sources. Our goal is to lessen the impact Kinko's
exerts on the environment, while simultaneously providing the products
and services valued by our customers."
The Pure Windsm certificates
correspond to equivalent amounts of wind-generated electricity delivered
to the New York power pool, and represent emissions avoided over
other New York State power generation facilities. In an average
year, Kinko's Pure Windsm certificates from the Madison facility
would represent savings of approximately 750 tons of emissions.
Total output for the Madison Windpower facility in an average year
will avoid 12,000 tons of CO2, 65 tons of SO2, and 19 tons of NOx,
based on equivalent generation from fossil fuel plants in the state.
To further the process of
bringing renewable power to New York State, the Madison Windpower
Project was awarded a research and development contract by the New
York State Energy Research and Development Authority (NYSERDA).
"Environmentally conscious
companies like Kinko's can demonstrate their commitment to protecting
the environment - and ultimately the bottom line - through Pure
Windsm certificates and projects like Madison," said Davis. "We're
proud to offer this opportunity for corporations to stand behind
the growth of emissions-free electric generation in New York and
beyond."
At the plant site in Madison
County, New York, the first of the wind turbines is currently being
erected. When construction is complete in September, Madison Windpower's
seven Vestas V-66 turbines will have the capacity to generate approximately
11.5 megawatts of electricity. In an average year, that equates
to over 24,000 megawatt-hours of emission-free electricity. Madison
Windpower will connect to the Northeast power grid through the New
York State Electric & Gas Transmission System and the New York Independent
System Operator (ISO).
Kinko's is the world's leading
provider of visual communications services, document creation and
copying. Its global network of 1,000 digitally connected locations
offers 24-hour access to color printing, finishing and presentation
services, Internet access and videoconferencing, as well as Web-based
on-demand printing and document management solutions. Named for
the second consecutive year as one of the Fortune 100 best companies
to work for in America, it is a privately held corporation with
more than 24,000 co-workers and locations in nine countries. Kinko's
is based in Ventura, Calif.
PG&E Corporation, with 1999
operating revenues of almost $21 billion and operations in 21 states,
markets energy services and products throughout North America through
its National Energy Group. PG&E Corporation's businesses also include
Pacific Gas and Electric Company, the Northern and Central California
utility that deliver natural gas and electricity to one in every
20 Americans, and Pacific Venture Capital, LLC, which manages a
portfolio of investments in growing energy and telecommunications
companies.