The Future of Renewable Energy with Minnesota Power’s JULIE PIERCE

The Future of Renewable Energy with Minnesota Power’s JULIE PIERCE

Vice President of Strategy & Planning · Minnesota Power

Minnesota Power and its customers in Northeast Minnesota made the decision about a decade ago to start moving in this direction. We wanted to ensure that we took the right time, pace, and path that was thoughtful for our customers and communities to transform. Through the past decade of hard work with our communities and customers, and leveraging new technology in wind, solar, and hydro, we transformed from a 95% fossil-fuel-based portfolio to 50-60% clean energy. Essentially, in the last decade, we've worked to reduce our carbon emissions by half and increase our renewable energy production by 50-60%. It has been a very exciting time. We had over 50% of our board members as women for well over a decade. So we started at the top and then with our leadership teams. The promotion of a diverse, collaborative discussion on any topic within our organization has been paramount.

Can We Bridge the $3-4 Trillion Gap to Mobilize the Energy Transition? with DOMINIC EMERY

Can We Bridge the $3-4 Trillion Gap to Mobilize the Energy Transition? with DOMINIC EMERY

Energy Transition Advisor

Oil and gas companies, along with any company engaged in the production and burning of fossil fuels, must cease these activities if we are to have any hope of reaching net zero by 2050, which is only 26 years away. The pace of change needs to be extremely rapid. Currently, the world is emitting about 55 gigatons of CO₂ equivalent, with 70% of this coming from fossil fuels, which provide 80% of our energy. Demand for energy continues to grow due to increasing populations. However, we must bring down the 55 gigatons of emissions to net zero by 2050, even though emissions are still on the rise, albeit at a slower pace. In short, oil, gas, and coal must become relics of the past.