The New Jersey Institute of Technology (NJIT) in the US has signed a deal that will see it purchase renewable energy from a portfolio of hydropower facilities to cover nearly 100% of its forecasted electricity consumption.
ENGIE Resources, a subsidiary of ENGIE North America, and Premier Energy Group jointly designed a unique solution that will help NJIT achieve its pursuit of and progress toward making sustainability an institutional learning goal embedded throughout the campus experience and academic curriculum.
For 2022, NJIT will purchase approximately 43,800MWh of electricity from the Smoky Mountain Hydropower portfolio located along the North Carolina-Tennessee border, which is owned and operated by New York-based Brookfield Renewable U.S. The agreement includes the purchase of an equivalent number of Renewable Energy Certificates (RECs).
The renewable energy deal is part of a larger sustainability campaign at NJIT that reduces energy and mitigates waste through efforts such as a future expansion of on-campus renewable energy generation through the installation of a 500kW solar panel field on the Wellness and Events Center and a university-wide food composting program.
“Hydropower is clean and affordable. It’s the world’s largest source of renewable electricity generation, and the only energy source that creates recreational opportunities,” said Sayun Sukduang, Chief Executive Officer at ENGIE Resources. “NJIT is a perfect partner to help promote sustainability through the next generation of leaders.”
The Smoky Mountain Hydropower portfolio consists of four hydropower facilities located along the Little Tennessee and Cheoah rivers in Tennessee and North Carolina, with a total installed capacity of 375W. The facilities are certified by the Low Impact Hydropower Institute in recognition of the suite of stringent science-based environmental protection standards and social and cultural criteria that the generators meet.