- The PPA covers 87.6 GWh of renewable energy annually for nine years.
- Energy mix: 70% wind, 30% solar, preventing 44,000 tons of CO2 emissions yearly.
- SIAD aims for 25% emission reduction and 40% renewable energy use by 2026.
- The agreement supports Italy's decarbonization and energy transition efforts.
Power Purchase Agreement Details
SIAD and A2A have signed a nine-year Power Purchase Agreement (PPA) to enhance green energy production. The agreement involves the annual supply of 87.6 GWh of electricity from renewable sources, ensuring constant availability in Base Load mode.
Energy Mix and Environmental Impact
The energy will be sourced from A2A Group's wind and solar plants across Italy, with a mix of approximately 70% wind and 30% solar power. This initiative is expected to prevent about 44,000 tons of CO2 emissions annually, equivalent to the yearly consumption of around 32,400 households.
SIAD's Sustainability Goals
For SIAD, this PPA is a strategic move to reduce emissions and increase renewable energy use. The company aims to achieve a 25% reduction in emissions and 40% renewable energy usage by 2026, aligning with its sustainability strategy.
Contribution to Italy's Energy Transition
The agreement supports Italy's decarbonization efforts and strengthens A2A's role in the energy transition. By promoting long-term procurement models, the PPA enhances the integration of renewable sources into industrial energy use, offering greater stability and sustainability.