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45% of Covestro's electricity use in Belgium to be from wind energy
Source:Adsale Plastics Network    Editor:JK    Date:29.Mar.2021

Covestro will be covering almost half of its future electricity demand in Belgium from wind energy and it concluded a Power Purchase Agreement (PPA) with ENGIE, a large producer of renewable energy in the country. From 1 April 2021, ENGIE is going to supply around 45% of the electricity demand of Covestro in Antwerp from 15 wind turbines in four newly constructed onshore wind farms.

 

The new agreement, known as a Corporate PPA, covers a capacity of 39 megawatts. This equals the energy supply for about 30,000 private households and reduces Covestro’s carbon footprint in Belgium by more than 38,500 metric tons of CO2, which is equivalent to the emissions of almost 20,000 cars per year.


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The Covestro site in Antwerp is going to cover almost half of its electricity requirements from renewable energy from ENGIE.


Production in the chemical industry is traditionally energy-intensive. Covestro sees this as an incentive to take responsibility and minimize both energy demand and CO2 emissions from production plants and processes.

 

With its various innovative process technologies and a licensed energy management system, Covestro has already increased energy efficiency and reduced emissions from its production. The company has set itself the goal to halve its specific carbon dioxide emissions by 2025 compared to 2005. In line with its vision, Covestro would like to obtain most of the remaining energy from wind power.


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The green electricity for Covestro comes from onshore wind farms operated by ENGIE.


“The new supply agreement is a milestone in the conversion of our production to the use of renewable energies,” said Georg Wagner, Managing Director at Covestro in Antwerp. “We are pleased to have found a partner in ENGIE to take this next step, with which we support our customers and the corresponding value chains to produce more sustainably.”

 

Vincent Verbeke, head of ENGIE Global Energy Management in Belgium, stated, “ENGIE acts to accelerate the transition towards a carbon-neutral world, by supporting its clients in reaching their sustainability goals. We are proud to help Covestro meet their environmental goals and to facilitate their consumption of onshore wind energy.”

 

In addtion, Covestro already signed a major industrial customer supply contract with energy provider Ørsted to cover a significant proportion of the electricity requirements of the German sites for a long-time period as from 2025. The current contract with ENGIE will make Antwerp the first Covestro production site powered almost half by wind energy.

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