Potential offtaker

Channel Infrastructure NZ Limited

www.channelnz.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Channel Infrastructure NZ Limited is a New Zealand-based company that operates in the petroleum refining sector. The company is committed to decarbonisation and is actively seeking ways to reduce its carbon footprint. Channel Infrastructure NZ Limited is also focused on corporate energy and renewable energy, with a particular interest in corporate power purchase agreements (PPAs).

The petroleum refining sector is a vital part of the energy industry, and Channel Infrastructure NZ Limited plays a critical role in this sector. The company operates a refinery in New Zealand that produces a range of petroleum products, including gasoline, diesel, and jet fuel. These products are used to power vehicles, aircraft, and other machinery, making them essential to modern society.

However, the production of petroleum products is also a significant contributor to greenhouse gas emissions. As such, Channel Infrastructure NZ Limited is committed to reducing its carbon footprint and playing its part in the fight against climate change. The company has set ambitious decarbonisation targets and is actively seeking ways to achieve them.

One of the ways that Channel Infrastructure NZ Limited is working towards decarbonisation is by investing in renewable energy. The company is exploring various renewable energy options, including solar, wind, and hydro power. By investing in renewable energy, Channel Infrastructure NZ Limited is reducing its reliance on fossil fuels and helping to create a more sustainable energy system.

Another way that Channel Infrastructure NZ Limited is working towards decarbonisation is by improving the efficiency of its operations. The company is investing in new technologies and processes that will help to reduce its energy consumption and carbon emissions. For example, the company is exploring the use of carbon capture and storage technology, which could help to significantly reduce its carbon footprint.

In addition to its focus on decarbonisation, Channel Infrastructure NZ Limited is also committed to corporate energy. The company recognises that energy is a significant cost for many businesses and is actively seeking ways to help its customers reduce their energy bills. One of the ways that the company is doing this is by offering corporate power purchase agreements (PPAs).

A corporate PPA is an agreement between a business and a renewable energy provider. Under the agreement, the business agrees to purchase a certain amount of renewable energy from the provider over a set period. This can help the business to reduce its energy costs and improve its sustainability credentials.

Channel Infrastructure NZ Limited is well-placed to offer corporate PPAs, given its experience in the energy sector. The company has a deep understanding of the energy market and is able to provide tailored solutions to meet the needs of its customers. By offering corporate PPAs, Channel Infrastructure NZ Limited is helping to accelerate the transition to a more sustainable energy system.

Overall, Channel Infrastructure NZ Limited is a forward-thinking company that is committed to decarbonisation and renewable energy. The company recognises the importance of reducing its carbon footprint and is actively seeking ways to achieve this. By investing in renewable energy, improving the efficiency of its operations, and offering corporate PPAs, Channel Infrastructure NZ Limited is playing a vital role in the transition to a more sustainable energy system.

✓ Declared Net Zero commitment