Advancing global decarbonization

Reducing emissions

We are taking actions to reduce emissions by improving power generation efficiency and transforming our portfolio to meet the evolving needs of data centers and customers.

Aerial view of a coastal industrial area with a large circular storage tank, solar panels, and buildings near the ocean.

Our Ambitions

2030

Generation portfolio carbon intensity in line with a well-below 2˚C scenario

2040

Net-zero carbon emissions from electricity sales*

2050

Net zero carbon emissions for entire business portfolio*

Meeting energy demand

Meeting growing energy demand requires efficient, dependable, and flexible power sources. We are reducing emissions while strengthening grid reliability through a balanced mix of fuels and technologies.

Two workers on ladders install a solar panel on a metal tower surrounded by dense green foliage.

Our actions

Electric car charging at an AES El Salvador station with branding visible on the vehicle and charging unit.

Portfolio transformation

We are transforming our portfolio by expanding the use of LNG and renewables and phasing out coal. As we shift our generation mix, we aim to reduce emissions while still supporting grid reliability through a more flexible and diversified energy supply.

Aerial view of a large industrial power plant with multiple smokestacks emitting white smoke, surrounded by green fields and forests under a cloudy sky.

Emissions control technologies

We employ multiple air control technologies and deploy advanced air quality systems, including SO₂ scrubbers, low NOx burners, and filtration systems that remove fine particles from emissions. In addition to power generation, we monitor emissions from our vehicle fleets and are transitioning to electric models where feasible to reduce mobile emissions.

In 2024

9.5 GW signed renewables and energy storage agreements

Agreements signed directly with technology customers, including long-term power purchase agreements (PPAs) for clean energy and load growth at our US utilities.

670 MW new combined cycle gas plant

Completed the construction of new combined cycle gas plant that will help Panama collectively reduce CO₂ emissions by more than 2.2 million tons annually

2 .1 million less metric tons of CO2

Exited or announced the sale or closure of 1 GW of coal generation in the US and Chile.

* Based on renewables growth and the feasibility of multiple possible asset scenarios. Actions assume new policies that facilitate transition to low emissions energy systems, such as a price on carbon. Includes scope 1 and 2 emissions for 2040 and Scope 3 for 2050.