Pinnacle West commits to 45% renewable energy by 2030 and 100% clean energy by 2050

From Yahoo Finance: 2025-04-10 13:42:00

Pinnacle West, an electricity provider, serves 1.4 million customers in Arizona through its utility, Arizona Public Service (APS), with 7 GW of generating capacity. The company’s generation mix includes 36% nuclear, 32% coal, and 28% natural gas, aiming for 45% renewable by 2030 and 100% clean energy by 2050.

In 2024, APS reported all operating revenues, emphasizing the company’s commitment to a sustainable energy future. Pinnacle West’s Palo Verde plant, the largest nuclear generating plant in the U.S., is a key player in their energy generation strategy. The company is on track to meet its renewable energy targets by 2030 and 2050.



Read more at Yahoo Finance: Pinnacle West Capital Corporati (PNW) Stock Forecasts