These more ambitious targets — which now encompass all EPCOR-owned Canadian and American operations and use 2020 as a baseline — reflect the urgent need for climate action, and will deliver early reductions that support the achievement of Canada's targets under the Paris Agreement.
The work to achieve the 2025 target is already well underway. We're developing an on-site solar resource to power our Edmonton water operations, and a green power initiative that is leading to the development of a new wind power resource in southern Alberta. Together, these are expected to reduce net emissions by more than 95,000 tCO2eq per year.
Upcoming strategic initiatives will identify the best ways to achieve the deeper reductions needed to meet our 2035 and 2050 targets. The accelerating pace of vehicle electrification, the growing potential for renewable natural gas as a source of energy, and the greening of the electricity grid supply, are each potential enablers of emission reductions. But reaching net zero will require internal innovation, and close collaboration with regulators and policymakers.