Aggreko partners with Formula 1 regarding low-carbon energy system

Formula 1, the motor racing competition owned by Liberty Media Corp (NASDAQ:FWONA), has contracted temporary power solutions provider Aggreko to deliver low-carbon energy generation systems at all European Grands Prix from the 2025 season.

The newly-agreed multi-year partnership revolves around the use of a system which the two parties have been jointly developing since last year. More specifically, in 2023 they piloted a centralised power generation compound that relied on renewables such as hydrotreated vegetable oil (HVO), biofuel, solar panels, and batteries for energy storage.

The Austrian Grand Prix, which was the first to adopt the system, experienced a carbon emissions reduction of more than 90% within the Paddock, Pit Lane, and broadcast areas, compared to the 2022 event, the partners said.

From 2025 onwards, the system will be used across all European races, thus eliminating the need for stakeholders such as Formula 1, F1 Teams, and the FIA, to use or bring their own generators to a specific event. The system is expected to also supply the Pit Wall, the Timing Room, the Formula 1 Event Technical Centre (ETC), and the International TV Compound.

Formula 1 seeks to become net zero by the end of the current decade.

Choose your newsletter by Renewables Now. Join for free!