Puget Sound Energy: Company Research Report
Company Overview
Name and Mission
- Company Name: Puget Sound Energy (PSE)
- Mission: Committed to providing clean, safe, reliable, affordable, and equitable energy services. Aims to be a Beyond Net Zero Carbon energy company by 2045.
Founding Details
- Founded: Date not specified in the data.
- Founder(s): Information not available.
Key People
- Mary E. Kipp: President and Chief Executive Officer
- Aaron August: Senior Vice President, Chief Customer and Transformation Officer
- Kim Collier: Vice President, Chief Human Resources Officer
- Dan Doyle: Executive Vice President in the Office of the CEO
- Josh Jacobs: Vice President, Clean Energy Strategy and Planning
- Lorna Luebbe: SVP, Chief Sustainability Officer and General Counsel
- Jamie Martin: Senior VP and Chief Financial Officer
- Jon Piliaris: Vice President, Regulatory Affairs
- Craig Pospisil: Vice President, Business Development and M&A
- Ron Roberts: Senior Vice President of Energy Resources
- Matt Steuerwalt: Senior Vice President, External Affairs
- Simon Upton: Chief Information Officer
- Michelle Vargo: Senior Vice President of Energy Operations
Headquarters
- Location: Bellevue, Washington
Number of Employees
- Approximately 3,300
Revenue
- Information not available.
Notable Aspects
- Known For: Providing reliable and affordable electricity and natural gas services, with a strong emphasis on community engagement, clean energy transition, and sustainability.
Products
Product Offerings
- Electricity Supply: Utilizes a diverse mix of renewable and traditional generation resources including wind, hydroelectric, solar, and natural gas.
- Natural Gas Supply
- Wind Power: Owns multiple wind facilities including Wild Horse, Hopkins Ridge, and Lower Snake River Wind Facilities.
- Solar Power: Promotes solar energy; significant installation at Wild Horse Wind and Solar Facility.
- Battery Storage: Focused on expanding battery energy storage systems as part of the clean energy initiative.
Key Features of Products
- Electricity Supply: 40% of power from renewable sources; diverse portfolio for system reliability.
- Wind Power: Key facilities generate significant renewable energy; contributes to long-term sustainability strategy.
- Solar Power: Supports customer solar installations; implemented solar arrays to demonstrate solar viability.
- Battery Storage: Designed to manage peak demand and support a reliable energy supply.
Recent Developments
New Projects and Initiatives
- Appaloosa Solar Project: A utility-scale solar facility capable of generating 142 MW of clean energy, aiming to contribute 4% toward the 2030 clean energy targets.
- Greenwater Battery Energy Storage System Project: A battery storage facility to enhance reliability and manage peak demand; expected to serve vast customer needs in extreme temperatures.
New Partnerships
- Collaboration with BrightNight: For the design and implementation of the Greenwater Battery Energy Storage System.
Milestones
- The addition of over 3,800 MW of renewable energy resources since the 2019 CETA enactment.
- Aspiring to be coal-free by 2025 and carbon neutral by 2030.
Community Engagement
- Involvement in community programs such as energy efficiency incentivization and solar grants for non-profits.
Conclusion
This report highlights the key operational and strategic aspects of Puget Sound Energy, underscoring its pivotal role in advancing sustainable energy solutions, supporting community development, and adhering to a strong ethical framework in its operations.
For more information about Puget Sound Energy and its initiatives, visit their official website at [pse.com](https://www.pse.com).
