Magic Radar 2026: How Do U.S. Utilities Compare on Decarbonization?

A Broader View of Utility Decarbonization
Unlike a league table, the Magic Radar does not rank utilities. Instead, it combines emissions intensity, target timing, Scope 1 and 2 reporting, and the breadth of reported Scope 3 categories.
Here is a table that shows emissions intensity, reporting coverage, and net-zero goal decade for the 47 utilities.
PSEG, Avangrid, and PG&E stand out for low reported emissions intensity. PSEG’s displayed intensity rounds to 0.00 tCO₂e/MWh, while Avangrid and PG&E each report 0.08.
Meanwhile, renewables have reached new highs in U.S. electricity generation. The radar shows how U.S. utilities differ within that transition.
Targets and Reporting Tell Another Story
Target dates vary widely, and their underlying commitments are not always equivalent. Avangrid sits in the 2030s group, while PSEG is shown in the 2050s and PG&E in the 2040s.
TransAlta reports the broadest Scope 3 coverage in the dataset, with 11 categories, followed by Southern Company with 10. However, more categories do not automatically indicate greater transparency because not every Scope 3 category applies equally to every utility.
A Complex Transition in One View
The radar shows why no single metric tells the whole decarbonization story. Utilities can pair low emissions intensity with different target timelines, reporting approaches, and emissions trajectories.
Together, these measures provide a fuller view of the utility transition.


