Walmart inks nuclear energy deal to power Illinois warehouse
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The agreement with Constellation Energy will support other parts of the company's operations in the state, including its stores. First published on Walmart has a goal of reaching net-zero emissions across its global operations - including scope 1 and scope 2 emissions - by 2040, with interim targets of powering half of its global operations with renewables by 2025 and the entirety of its operations powered by renewables by 2035, according to its fiscal year 2025 ESG report. The company said in the report that 48.5% of its global electricity needs were supplied by renewable energy sources in 2024 and 30.6% of its electricity needs were met through renewable energy contracts. Shayne Wahlmeier, Walmart's U.S. senior vice president of energy, said in the release that the deal helps support the company's new operations in Illinois and advances its strategy "in a way that prioritizes affordable, reliable, and clean energy" for Walmart and and the communities it serves. In addition to the distribution center it's developing, Walmart has an estimated 175 stores and clubs with over 55,000 associate employees in Illinois, the release said. The deal is Walmart's first nuclear PPA, and Constellation said in the release that its "among the first of its kind between a large retailer and a nuclear energy facility in the United States." While nuclear PPAs have increased in recent years...
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