Yes. Vicinity Energy’s systems are helping commercial buildings meet local carbon reduction requirements, as well as the new Federal Building Perfomance Standard enacted by the Biden Administration.
Utility-owned district systems, like Vicinity Energy’s, are categorized as indirect, Scope 2 emissions, and not part of the new Federal BPS. Federal buildings connected to Vicinity’s systems can instantly meet the requirements set by the new standard.
However, we’re not stopping there: we are moving beyond these requirements as we take steps to electrify our operations and decarbonize the cities we serve, and ultimately pass these benefits on to our customers.