Our commitment to corporate stewardship begins with our belief that we’re only as strong as the communities we serve. It’s a balance of delivering reliable and affordable electricity to our customers and maintaining a culture of innovation and environmental stewardship that can serve the needs of our communities now and in the future.
Balancing the interests and needs of our customers, shareholders, and the Oklahoma and Arkansas economies is our top priority at OG&E. We continuously evaluate the needs of our stakeholders through the process of retiring and replacing generation, while meeting the ever-dynamic and growing needs of our communities and honoring our commitment to minimize our environmental footprint.
As OG&E begins 2019, in fulfillment of our commitment to emissions reduction, we expect sulfur dioxide (SO2) emissions to be lower by nearly 90 percent, nitrogen oxide (NOx) to be lower by nearly 75 percent and carbon dioxide (CO2) to be lower by approximately 40 percent, below 2005 levels.
As part of our continuous and sustainable decline in emissions over time, OG&E is expecting to reduce our CO2 emissions to 50 percent below 2005 levels by 2030.
Between 2030 and 2050, OG&E expects to retire 95 percent of its current fossil-fueled generation, cost-effectively meeting our capacity requirements by replacing retiring generation with newer technology including high-efficiency natural gas or zero-emitting technology such as renewables or batteries.
OG&E actions taken between 2005 and 2018
Participation in market-based dispatching of generation has resulted in a reduction of 5 million tons of CO2 annually and commensurate cost savings for customers.