Uniper's Green Power Partnership for Decarbonization in Germany
Key Ideas
- Uniper and a major international industrial gas producer signed a nine-year Power Purchase Agreement for a total of 575 GWh of green power from hydropower in Germany.
- The agreement will support the decarbonization efforts in the Rhine-Ruhr industrial region by producing green hydrogen, starting with an initial annual volume of 25 GWh in 2025.
- Uniper's role in providing green power demonstrates its commitment to the energy transition and its goal to become a leading provider of green molecules and power products.
- The partnership highlights the impact of climate change on driving companies to reduce their CO2 emissions and transition towards more sustainable energy solutions.
Uniper and a major international industrial gas producer have entered into a significant nine-year Power Purchase Agreement (PPA) for a total supply of 575 GWh of green power sourced from hydropower in Germany. The deliveries are set to commence in 2025, starting with 25 GWh annually and increasing to 75 GWh from 2027 onwards until the contract's completion in 2033. This green power will play a crucial role in accelerating the decarbonization of a major industrial region in Germany, particularly in the production of green hydrogen. Carsten Poppinga, Uniper's CCO, emphasized the company's dedication to meeting customer needs, supporting the energy transition, and ensuring reliable energy supply. Uniper's strategic move towards providing green power showcases its ambition to lead in offering sustainable energy solutions and green products. The partnership underscores the necessity for companies to address CO2 emissions reduction due to the impact of climate change, driving the shift towards cleaner energy alternatives.
Topics
Green Hydrogen
Renewable Energy
Energy Transition
Decarbonization
Power Purchase Agreement
Industrial Sector
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