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NovaTech Automation, a grid automation solution provider, is announcing their plans to reach net zero carbon emissions by 2050.
When Conrad Oakey took up the position of CEO at NovaTech Automation he decided the company would begin to make an impact on decarbonization of the power grid. He says NovaTech has been making steady progress on their decarbonization efforts as they have electrical engineers who work on the power grid. Currently, there aren’t many companies working in the industry who have made net zero commitments, and Oakey says as efforts to decarbonize power grids become more of a focus the companies working on them should be the first to make the change.
NovaTech Automation is currently in the process of trading out all of their gas burning furnaces for heat pumps as the gas furnaces end their operational life cycles over the next decade. They are also in the process of building an energy lab, which will provide solar, wind, storage and electric vehicle charging stations. Oakey says, NovaTech Automation is still working on specifying the components of the lab, and the construction will take place over the next year.
According to Oakey, there is a gap between the incentives and implementation towards decarbonizing the power grid. He points out policies like the Inflation Reduction Act, which incentivize decarbonization, but don’t address the structural bottlenecks of transmission build-out or interconnection queues necessary to decarbonize the power grid. By taking the steps to reach net zero carbon emissions by 2050, NovaTech Automation aims to help other companies take the first steps and begin working to achieve net zero emissions.
NovaTech Automation, with its forward-looking strategy, is deeply engaged in addressing the three distinct scopes set out by the net zero framework to reduce carbon emissions effectively. The first scope, often seen as the most immediate in terms of action, centers around eliminating the use of onsite combustion fuels. Recognizing the need for efficient yet environmentally conscious heating solutions, NovaTech Automation has committed to transitioning from these traditional fuels by integrating electric heating pumps. This not only reduces their carbon footprint but also sets a precedent for sustainable operational practices.
Moving onto the second scope, the focus shifts to the company’s electrical consumption, which plays a pivotal role in its carbon emissions. To tackle this, NovaTech Automation isn’t just relying on sustainable energy generation but is also purchasing renewable energy credits. These credits are an impactful way to offset the carbon intensity of their energy consumption, effectively neutralizing their emissions related to electrical consumption and working towards a zero-carbon operational model.
Scope three includes all goods and services purchased by the business and they are taking steps today to minimize the carbon intensity of their supply chain as better alternatives and accounting become available.
“The energy transition requires an expansion and evolution of the power grid. It faces many obstacles, and it will take all of us working together to build a resilient and decarbonized system in time to avoid the worst aspects of climate change’’ says Oakey.
Conrad Oakey
“We are working to help utilities make that transition more easily, and believe that doing the same within our own facilities can help other companies follow suit’’. The company is chronicling their journey of decarbonization at keepitcool.earth.
