Clearway Energy Inc

Common Name
Clearway Energy
Country
United States
Sector
Utilities
Industry
Utilities - Renewable
Employees
60
Ticker
CWEN.A
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Clearway Energy Inc. is a prominent player within the renewable energy sector, focusing on the ownership and operation of a diverse portfolio of renewable energy and conventional generation facilities...

Clearway Energy's GHG Emissions Data Preview

In 2023, Clearway Energy completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).

However, Clearway Energy has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Clearway Energy’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Clearway Energy’s data sources below and access millions more through our Disclosure Search.

a. Clearway Energy's ESG Report 2023
a. Clearway Energy's ESG Report 2023
b. Clearway Energy's CDP Report sourced from company’s website 2021
b. Clearway Energy's CDP Report sourced from company’s website 2021

Insights into Clearway Energy's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Clearway Energy amounted to 545,400 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Clearway Energy decreased by 17.36%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Clearway Energy's Scope 1 Emissions Over Time

201920202021202220230300 k600 k900 k1.2 MtCO2e0%-48%+5%-17%
  • Total Scope 1
  • Year-over-Year Change

What are Clearway Energy's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Clearway Energy were 540,000 metric tons of CO₂ equivalent (tCO₂e). a

Has Clearway Energy reduced its Scope 1 emissions over time?

Since 2019, Clearway Energy's Scope 1 emissions have decreased by 55%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2022), Clearway Energy's Scope 1 emissions decreased by 16.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Clearway Energy's Scope 2 emissions?

In 2023, Clearway Energy reported Scope 2 greenhouse gas (GHG) emissions of 5,400 tCO₂e without specifying the calculation method. a

Has Clearway Energy reduced its Scope 2 emissions over time?

Since 2019, Clearway Energy's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have decreased by 94.6%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2022), Clearway Energy's Scope 2 emissions (Unspecified Calculation Method) fell by 46% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does Clearway Energy use for Scope 2 reporting?

In 2023, Clearway Energy reported its Scope 2 emissions using an unspecified methodology. a

Clearway Energy's Scope 2 Emissions Over Time

20192020202120222023025 k50 k75 k100 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Clearway Energy’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Clearway Energy reported Scope 1 greenhouse gas (GHG) emissions of 540,000 tCO₂e and total revenues of USD 1,314 millions. This translates into an emissions intensity of 410.96 tCO₂e per millions USD. a

Clearway Energy's Scope 1 Emissions Intensity Compared to Peers

1050050,0005,000,000200,000,000Scope 1 Emissions (tCO2e)2001,0005,00020,000100,000Revenues (Millions of USD)Portland General ElectricYear: 2023Scope 1: 6,843,029 tCO2eRevenue: $M 2,923Scope 1 Intensity: 2,341.10 tCO2e/$MCalifornia Water Service GroupYear: 2023Scope 1: 8,210 tCO2eRevenue: $M 795Scope 1 Intensity: 10.33 tCO2e/$MChesapeake UtilitiesYear: 2023Scope 1: 192,505 tCO2eRevenue: $M 671Scope 1 Intensity: 287.06 tCO2e/$MSpireYear: 2023Scope 1: 333,327 tCO2eRevenue: $M 2,666Scope 1 Intensity: 125.01 tCO2e/$MFluence EnergyYear: 2023Scope 1: 19 tCO2eRevenue: $M 2,217Scope 1 Intensity: 0.01 tCO2e/$MMGE EnergyYear: 2023Scope 1: 1,637,171 tCO2eRevenue: $M 690Scope 1 Intensity: 2,371.23 tCO2e/$MUGIYear: 2023Scope 1: 1,070,316 tCO2eRevenue: $M 8,928Scope 1 Intensity: 119.88 tCO2e/$MAmerican Water WorksYear: 2024Scope 1: 69,363 tCO2eRevenue: $M 4,684Scope 1 Intensity: 14.81 tCO2e/$MOrmat TechnologiesYear: 2023Scope 1: 171,778 tCO2eRevenue: $M 829Scope 1 Intensity: 207.11 tCO2e/$MNextera EnergyYear: 2023Scope 1: 42,278,597 tCO2eRevenue: $M 28,114Scope 1 Intensity: 1,503.83 tCO2e/$MConstellation EnergyYear: 2023Scope 1: 9,679,181 tCO2eRevenue: $M 24,918Scope 1 Intensity: 388.44 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEvergyYear: 2024Scope 1: 20,958,294 tCO2eRevenue: $M 5,847Scope 1 Intensity: 3,584.27 tCO2e/$MBlack HillsYear: 2023Scope 1: 4,512,017 tCO2eRevenue: $M 2,331Scope 1 Intensity: 1,935.41 tCO2e/$MDominion EnergyYear: 2023Scope 1: 29,500,000 tCO2eRevenue: $M 14,393Scope 1 Intensity: 2,049.61 tCO2e/$MPSEGYear: 2023Scope 1: 549,002 tCO2eRevenue: $M 11,237Scope 1 Intensity: 48.86 tCO2e/$MHawaiian Electric IndustriesYear: 2023Scope 1: 4,418,816 tCO2eRevenue: $M 3,682Scope 1 Intensity: 1,200.06 tCO2e/$MNew Jersey ResourcesYear: 2023Scope 1: 50,068 tCO2eRevenue: $M 1,963Scope 1 Intensity: 25.51 tCO2e/$MONE GasYear: 2023Scope 1: 417,058 tCO2eRevenue: $M 2,372Scope 1 Intensity: 175.83 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MXcel EnergyYear: 2023Scope 1: 36,180,000 tCO2eRevenue: $M 14,206Scope 1 Intensity: 2,546.81 tCO2e/$MBrookfield RenewableYear: 2024Scope 1: 134,654 tCO2eRevenue: $M 4,142Scope 1 Intensity: 32.51 tCO2e/$MIdacorpYear: 2024Scope 1: 4,130,000 tCO2eRevenue: $M 1,827Scope 1 Intensity: 2,260.99 tCO2e/$MClearway EnergyYear: 2023Scope 1: 540,000 tCO2eRevenue: $M 1,314Scope 1 Intensity: 410.96 tCO2e/$M

How does Clearway Energy's GHG emissions intensity compare to its peers?

In 2023, Clearway Energy reported a Scope 1 emissions intensity of 410.96 tCO₂e per millions USD. Compared to the peer group median of 397.57 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Clearway Energy rank on GHG emissions intensity within its industry?

In 2023, Clearway Energy ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Clearway Energy is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

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