Tuesday, May 28, 2024
HomeElectricityOMV Petrom and Saint-Gobain Romania sign agreement for supply of green power

OMV Petrom and Saint-Gobain Romania sign agreement for supply of green power

OMV Petrom, the largest integrated energy producer in Southeast Europe and Saint-Gobain Romania, part of Saint-Gobain Group, a world leader in the field of light and sustainable solutions for construction, signed an agreement for the supply of electricity from renewable sources for all Saint-Gobain facilities in Romania.

Based on this agreement, OMV Petrom will supply approximately 800 gigawatt-hours (GWh) of green energy to 14 Saint-Gobain locations in Romania over the next five years, thus contributing to the decarbonization objectives. Deliveries will begin in January 2026 with the power obtained from wind and photovoltaic sources.

“Through our Strategy 2030, we are committed to supporting the energy transition in Romania and in the region, with investments of around 11 billion euros until the end of this decade, of which about a third will support low and zero-carbon projects,” stated Franck Neel, Member of the OMV Petrom Executive Board responsible for Gas & Power. “We have taken important steps in developing a portfolio of power projects from renewable sources, which will gradually enter production in the coming years. We are very pleased to announce this agreement with Saint-Gobain – it is more than a contract for the sale of energy, namely, it is a partnership for a low-carbon future for the Romanian industry.”

“The agreement marks another milestone in Saint-Gobain’s journey to reduce its scope 1 and 2 emissions by 33 per cent by 2030 – compared to 2017 and to reach net zero emissions by 2050,” added Ovidiu Păscutiu, CEO of Saint-Gobain Romania. “We are delighted to have trusted partners like OMV Petrom by our side to continue our journey towards a greener future. At Saint-Gobain, we are prioritising environmentally friendly energy sources, in parallel with the permanent streamlining of production processes to reduce carbon emissions and energy consumption to make the world a more sustainable place to live in line with our goal – Making the World A Better Home.”

With this investment, Saint-Gobain Romania will cover 100 per cent of the energy needs at all its work points.

Sign up for our newsletters

    Monthly newsletter – Delivering the most important energy stories of the month selected by our Editor-in-chief
    Weekly Oil&Gas roundup - All major news about the oil and gas industry, LNG developments, the upscaling of new gases and related EU regulations arriving in your mailbox every Monday.
    Weekly Renewables&Climate roundup - All major news about investments in renewable energy sources, environment protection, green hydrogen and new innovative ways to tackle the climate crisis arriving in your mailbox every Tuesday.

    Most Popular