Tuesday, May 17, 2022

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NSG UK Enterprises to purchase power from a wind farm in Poland

NSG UK Enterprises, part of NSG Group, the world’s leading supplier of glass and glazing systems will purchase renewable electricity from a wind farm located in Poland. The company signed a power purchase agreement (PPA) with EDP Renewables (EDPR), a global leader in the renewable energy sector.

According to the 10-year-long PPA, NSG will offtake 51 per cent of the output from the wind farm which has a total installed capacity of 70 megawatts (MW).

The contract will allow approximately 100-gigawatt hours (GWh) of NSG Group’s annual electricity demand supplied at a fixed price, reducing exposure to the current volatile wholesale electricity prices.

“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”, noted John Wilgar, Head of Procurement at NSG Group.

The amount of clean energy the NSG will be supplied with from the wind farm is equivalent to avoiding the carbon emissions from nearly 15,000 passenger vehicles driven for one year, or more than 278 million kilometres driven by an average passenger car.

Philippe Diez, Partner Sustainability Business Division Europe for Schneider Electric, the leading advisor on corporate renewable energy procurement which supported NSG Group in the selection of the project remarked that “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 decarbonisation – especially as it relates to the automotive sector – and we congratulate NSG on their commitment to source renewable energy.”

The NSG Group is targeting to source at least 50 per cent of its electricity globally from renewables by 2024 and to achieve a 21 per cent carbon reduction by 2030 compared to its 2018 levels.

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