An unprecedented agreement:
Huhtamaki signs a virtual power purchase agreement (VPPA) in the United States with a subsidiary of NextEra Energy Resources, LLC. This agreement covers 30% of its electricity consumption in North America. This is an unprecedented step in the ambitions set by the Finnish company. The latter envisages 100% renewable electricity by 2030.
NextEra Energy Resources is the world’s largest producer of renewable energy from wind and solar. It is therefore a major ally in achieving its objectives.
An ambitious sustainability agenda by 2030:
The 42-megawatt renewable energy agreement covers 30% of the current electricity demand of Huhtamaki’s operations in the U.S. and Mexico, where the company has 18 generating units.
https://energynews.pro/wp-content/uploads/2022/07/RENTEL-POWERPLUG-KLOET-061dd11042019-7.jpeg Geust, deputy managing director of Huhtamaki, states:
« This agreement marks an important milestone in our journey toward achieving our ambitious 2030 sustainability agenda. The agreement builds on the European VPPA agreement announced at the end of 2021, which covers 80% of our electricity consumption in Europe. »
The renewable energy covered by the agreement will come from a subsidiary of NextEra Energy Resources, the Inertia Wind Energy Center, located in the Electricity Reliability Council of Texas (ERCOT) North Zone, Texas.
The project is expected to save more than 71,000 tons of CO2 emissions per year, which is equivalent to the average electricity consumption of more than 12,000 homes in the United States.
Huhtamaki: international commitments :
Matt Handel, senior vice president of development for NextEra Energy Resources, states:
« We welcome Huhtamaki’s commitment to sustainability and are pleased to be able to support the company’s renewable energy goals. »
According to the vice president, the agreement helps add more green electricity to the U.S. energy mix as well as significantly reduce Type 2 emissions.
The company is also committed to the international level. Indeed, it wants to reduce its greenhouse gas emissions by 27.5% by 2030. For this purpose, scope 1, 2 and 3 emissions are targeted. The Finnish group intends to keep the global temperature below 2°C, at least within its operations.
In addition, renewable electricity is therefore one of Huhtamaki’s preferred ways to achieve its goals.