Renewables
Renewable Energy sources are growing and progressing rapidly as technological advancements and cost reductions continue to push the sector forward. Providence has and continues to invest in economically viable renewable and alternative energy assets and technologies that create a cleaner environment and provide cheaper and more reliable energy to society.
Providence’s Commitment to Sustainability
Oil and natural gas are the essential, bedrock fuels that power our modern economy. Oil and natural gas provide electricity, transportation fuels and petrochemicals used to create thousands of products critical to our everyday lives, including: medicines and medical equipment, plastics, fertilizer, consumer electronics, cosmetics, toiletries, detergents, clothing and home appliances.
Every time you to turn the lights on in your house, open your refrigerator, heat or cool your home, run water, drive a car, or fly in a plane, you are able to do so because of cheap, abundant oil and natural gas.
The demand for energy is only increasing, and we believe all forms and sources are necessary to meet the growing need.
Over the last decade, Providence has invested in a variety of renewable energy projects, including in wind, hydro-electric, biomass and recycling. As technology continues to advance, we hope to increase our involvement in the renewable energy industry.