Potential offtaker

EnBW Energie Baden-Württemberg AG

www.enbw.com

Estimated electricity consumption

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Countries of production presence

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EnBW Energie Baden-Württemberg AG is a German energy company that operates in the power generation sector. The company is headquartered in Karlsruhe, Germany, and has a workforce of over 21,000 employees. EnBW is one of the leading energy providers in Germany, and its operations span across Europe, with a focus on the generation, distribution, and supply of electricity, gas, and water.

EnBW's mission is to provide sustainable energy solutions that meet the needs of its customers while contributing to the decarbonisation of the energy sector. The company is committed to reducing its carbon footprint and has set ambitious targets to achieve net-zero emissions by 2035. EnBW's strategy for decarbonisation includes a shift towards renewable energy sources, the use of innovative technologies, and the development of energy-efficient solutions.

Renewable energy is a key focus area for EnBW, and the company has invested heavily in this sector in recent years. EnBW's renewable energy portfolio includes wind, solar, and hydropower projects, with a total capacity of over 2.5 GW. The company is also involved in the development of new technologies, such as energy storage and hydrogen production, which are critical for the integration of renewable energy into the grid.

EnBW's commitment to renewable energy is reflected in its corporate power purchase agreements (PPAs). These agreements allow EnBW to purchase renewable energy directly from generators, providing a stable revenue stream for the generators and enabling EnBW to meet its renewable energy targets. EnBW has signed several corporate PPAs in recent years, including agreements with wind and solar projects in Germany, France, and Sweden.

EnBW is also committed to helping its customers achieve their sustainability goals through its corporate energy solutions. The company offers a range of services, including energy efficiency consulting, renewable energy supply, and energy management systems. EnBW's corporate energy solutions are designed to help businesses reduce their carbon footprint, lower their energy costs, and improve their overall sustainability performance.

EnBW's commitment to sustainability is reflected in its corporate culture and governance. The company has established a sustainability committee, which oversees the implementation of EnBW's sustainability strategy and monitors the company's progress towards its targets. EnBW also publishes an annual sustainability report, which provides stakeholders with detailed information on the company's sustainability performance.

In conclusion, EnBW Energie Baden-Württemberg AG is a leading energy company in Germany that is committed to decarbonisation and the development of renewable energy solutions. The company's focus on renewable energy, corporate PPAs, and corporate energy solutions demonstrates its commitment to sustainability and its role in the transition towards a low-carbon economy. EnBW's efforts to reduce its carbon footprint and support its customers' sustainability goals make it a key player in the energy sector and a leader in the transition towards a sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment