Potential offtaker

En+ Group

www.enplus.ru

Estimated electricity consumption

N/A

Countries of production presence

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En+ Group is a Russian Federation-based company that operates in the Aluminum Smelting & Refining sector. The company is a leading global producer of low-carbon aluminum and operates across the entire value chain, from mining and refining to smelting and recycling. En+ Group is committed to decarbonization and has set ambitious targets to reduce its carbon footprint and transition to renewable energy sources.

Decarbonization is a key focus area for En+ Group, and the company has set a target to reduce its greenhouse gas emissions by 35% by 2030. To achieve this goal, the company is investing in renewable energy sources and implementing energy efficiency measures across its operations. En+ Group is also exploring new technologies such as carbon capture and storage to further reduce its carbon footprint.

Corporate energy is another important aspect of En+ Group's operations. The company has a dedicated team focused on managing its energy consumption and reducing its energy costs. En+ Group has implemented a range of energy efficiency measures, such as upgrading equipment and optimizing processes, to reduce its energy consumption. The company also uses corporate power purchase agreements (PPAs) to secure renewable energy at a competitive price.

Corporate PPAs are an important tool for En+ Group to transition to renewable energy sources. The company has signed several long-term PPAs with renewable energy providers, which enable it to purchase renewable energy at a fixed price over a specified period. These agreements provide En+ Group with a stable and predictable source of renewable energy, which helps to reduce its exposure to volatile energy prices.

Renewable energy is a key focus area for En+ Group, and the company is investing heavily in this area. The company has set a target to increase its renewable energy capacity to 25% by 2025, and is investing in a range of renewable energy sources, including hydro, solar, and wind. En+ Group is also exploring new technologies such as energy storage to improve the reliability and flexibility of its renewable energy sources.

En+ Group's commitment to decarbonization and renewable energy is reflected in its business strategy and operations. The company is focused on reducing its carbon footprint, improving energy efficiency, and transitioning to renewable energy sources. En+ Group's efforts in these areas are not only good for the environment, but also make good business sense, as they help to reduce costs, improve operational efficiency, and enhance the company's reputation as a responsible corporate citizen.

In conclusion, En+ Group is a leading global producer of low-carbon aluminum, with a strong commitment to decarbonization and renewable energy. The company is investing heavily in renewable energy sources, implementing energy efficiency measures, and exploring new technologies to reduce its carbon footprint. En+ Group's focus on corporate energy and corporate PPAs is helping the company to transition to renewable energy sources and reduce its exposure to volatile energy prices. Overall, En+ Group's efforts in these areas are not only good for the environment, but also make good business sense, as they help to reduce costs, improve operational efficiency, and enhance the company's reputation as a responsible corporate citizen.

✓ Science Based Targets member
✓ Declared Net Zero commitment