NSG Group buys renewable electricity in Poland
NSG UK Enterprises, part of the NSG Group, has signed a ten year power purchase agreement (PPA) with EDP Renewables (EDPR), the world's fourth largest renewable energy producer, for the renewable electricity generated by a wind farm located in Poland.
John Wilgar, Head of Procurement at NSG Group said: “We are delighted to sign our first virtual PPA with our partner EDPR for the majority of our electricity demand in Poland. This helps us to secure renewable electricity at predictable costs over the long term in a market with a highly carbon intensive grid. It is a huge step towards our sustainability objectives in support of our actions on climate change.”
NSG will take 51% of the output from the wind farm, which has a total installed capacity of 70 MW.
The contract will see approximately 100 GWh of NSG Group’s annual electricity demand supplied at a fixed price reducing exposure to the volatile wholesale electricity prices.
Schneider Electric, a leading advisor on corporate renewable energy procurement globally, supported NSG Group in the selection of and negotiations for the project.
Philippe Diez, Partner Sustainability Business Division Europe for Schneider Electric added: “It is exciting to partner with the first glass manufacturer to introduce renewable electricity in Poland. Glass manufacturers have a critical role to play in global decarbonization and we congratulate NSG on their commitment to source renewable energy.”
The NSG Group is targeting to source the equivalent of at least 50% of its electricity (by kWh) globally from renewables by fiscal year 2024.
This PPA will contribute to this target and towards the NSG Group’s Science Based Target Initiative for carbon emission reduction by avoiding approximately 80,000 tonnes of carbon per year.
The Group’s ambition is to achieve a 21% reduction in carbon emissions by 2030 compared to its 2018 levels and to detail its roadmap to achieve carbon neutrality in 2050 by disruptive innovation.
Image: EDP Renewables will supply NSG with renewable electricity from Poland.
