Williams Signs MoU With Microsoft on Clean Energy Transition
June 03 2021 - 11:57AM
Dow Jones News
By Stephen Nakrosis
Williams Cos. on Thursday said it signed a Memorandum of
Understanding and will work with Microsoft Corp. to explore ways to
reduce carbon emissions and develop new energy technologies.
Williams said it would work with Microsoft to "explore lower
carbon opportunities," including the development of a hydrogen
economy, renewable natural gas products and carbon capture
utilization and storage.
The companies will also use Microsoft Azure services and
solutions to improve emissions monitoring and reporting, and to
work together on other initiatives, Williams said.
Williams also said the MoU will support its "near-term climate
commitment of 56% absolute reduction in company-wide greenhouse gas
emissions by 2030 by leveraging technology available today to
reduce emissions, scale renewables and build a clean energy
economy--while looking forward and anticipating future innovations
on the path to net zero by 2050."
Darryl Willis, corporate vice president of energy at Microsoft,
said, "Through digital transformation and a focus on a net-zero
carbon future, we will be able to unlock new business models and
untapped value."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 03, 2021 11:42 ET (15:42 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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