Evonik is making itself less dependent on fossil fuels: The specialty chemicals company signs a long-term power purchase agreement with the energy supplier EnBW from the 900 megawatt (MW) offshore wind farm “He Dreiht”. Through the Power Purchase Agreement (PPA) with EnBW, Evonik will in future purchase 100 MW from the new wind farm in the German North Sea. This alone will enable the Group to cover around a quarter of its electricity needs in Europe from 2026 using renewable energy. EnBW will supply green electricity over a period of 15 years. Evonik’s own balancing group management balanced the fluctuations in the wind energy feed-in, which are offset by the constant supply required in chemical production.

“Together with EnBW, we are accelerating the implementation of our ambitious sustainability strategy. We will become less dependent on fossil fuels and their price fluctuations,” says Christian Kullmann, CEO of Evonik. “One thing is clear as day: the less fossil and the more green energy we use, the better the future prospects for our German and European locations.” The PPA is just the beginning. Evonik is planning further supply contracts for green electricity directly from the producer in order to increase the proportion of green electricity further. “The green electricity from the new offshore wind farm is a very important lever for our goal of reducing greenhouse gas emissions,” says Thomas Wessel, the board member responsible for sustainability. “Today, 27 percent of the electricity purchased externally at Evonik worldwide comes from renewable sources. The realization of the PPA with EnBW increases this share significantly to more than 40 percent.”

At the same time, the cooperation with EnBW reduces Evonik’s Scope 2 emissions (electricity purchased from third parties) by 100,000 tons of CO 2 per year. The group recently set itself the goal of reducing Scope 1 and Scope 2 emissions from the current 6.5 million tons to 4.9 million tons by 2030. About a third of this net reduction is to be realized through the use of renewable energy sources.

Source: https://evonik.com/
Image source: Courtesy of EnBW

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