From News Desk
Carlsberg Group has announced the signing of long-term Power Purchase Agreements (PPAs) that will supply renewable electricity to our operations in Norway (Ringnes), Sweden (Carlsberg Sverige) and Finland (Sinebrychoff). These agreements, signed with three different energy suppliers, ensure that a large portion of the electricity use from these markets comes from new renewable assets.
Signing a PPA means that the electricity will come from newly built renewable assets, like wind farms, solar parks and hydropower plants. There is growing scientific consensus that PPAs are superior to renewable energy certificates (RECs) in leading to additional renewable energy production and real emissions reductions. PPAs do this by providing long term offtake and revenue certainty for new renewable projects. With these agreements, we are actively adding renewable energy capacity to the Nordic region, helping accelerate the transition to clean energy.
Torsten Steenholt, EVP, Integrated Supply Chain says, “Securing renewable electricity through Power Purchase Agreements is a cornerstone of our sustainability programme. The new PPAs across the Nordics allow us to accelerate the green transition and support the development of additional renewable energy capacity. The new agreements complement our existing PPAs in for example Lithuania, Denmark, and China.”
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