Queensland Hydro picks contractors for 2-GW pumped storage project
Sep 18, 2024 6:05 CESTThe RE 100 initiative has passed 100 members three years ahead of schedule, creating demand for 146 TWh of renewable power per year.
This combined demand is now equal to the annual electricity consumption of Poland, the campaign noted in a news release published on Monday.
The latest corporate additions include Akzo Nobel NV (AMS:AKZA), which recently struck a deal with Swedish state-owned utility Vattenfall AB for the supply of 1.25 TWh of environmentally certified electricity per year to seven Akzo Nobel plants in Sweden and Finland, French insurance group Axa SA (EPA:CS), British luxury fashion firm Burberry Group Plc (LON:BRBY), and the Copenhagen-based brewing giant Carlsberg Group (CPH:CARL-A).
AkzoNobel became the second biggest electricity user to join RE100 after Walmart, consuming around 16 TWh annually. The Dutch paints and coatings company aims to be carbon neutral and use 100% renewable energy – heat as well as electricity – by 2050.
AXA is targeting 100% renewable electricity by 2025. The company, which is operating in more than 60 countries with diverse energy markets, intends to achieve the target by using a mix of approaches, notably buying electricity directly from providers and compensating for non-renewable electricity.
Burberry is aiming to procure 100% of electricity from renewable resources to power its whole business by 2022.
The Carlsberg Group is switching to 100% renewable electricity at its breweries by 2022, as a step towards its target to become carbon neutral in 2030.
Queensland Hydro picks contractors for 2-GW pumped storage project
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