Potential offtaker

EVN AG

www.evn.at

Estimated electricity consumption

N/A

Countries of production presence

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EVN AG is a leading energy company based in Austria that operates in the electric transmission and distribution sector. The company has a strong focus on decarbonisation and renewable energy, and has been actively working towards reducing its carbon footprint and promoting sustainable energy solutions.

EVN AG was founded in 1922 and has since grown to become one of the largest energy companies in Austria. The company operates in a number of different areas, including electricity, gas, heat, and water. It serves over 1.4 million customers in Austria, Bulgaria, and Macedonia, and has a workforce of around 7,000 employees.

One of the key areas of focus for EVN AG is decarbonisation. The company is committed to reducing its carbon footprint and promoting sustainable energy solutions. It has set a target to reduce its CO2 emissions by 30% by 2030, and is working towards achieving this through a range of initiatives, including the development of renewable energy sources and the implementation of energy efficiency measures.

Renewable energy is a key area of focus for EVN AG. The company is actively investing in renewable energy projects, including wind, solar, and hydroelectric power. It has a number of wind farms in operation in Austria and Bulgaria, and is also developing a number of solar projects. In addition, the company is investing in the development of new hydroelectric power plants, which will help to further reduce its carbon footprint.

Corporate energy is another important area of focus for EVN AG. The company provides a range of energy solutions to businesses, including energy consulting, energy management, and energy efficiency services. It also offers corporate power purchase agreements (PPAs), which allow businesses to purchase renewable energy directly from EVN AG. This helps to promote the development of renewable energy projects and supports the transition to a more sustainable energy system.

One of the key benefits of corporate PPAs is that they provide a stable source of revenue for renewable energy projects. This helps to attract investment and makes it easier to finance the development of new projects. In addition, corporate PPAs provide businesses with a reliable and cost-effective source of renewable energy, which can help to reduce their carbon footprint and support their sustainability goals.

EVN AG has been actively promoting the use of corporate PPAs in Austria and has already signed a number of agreements with businesses in the country. The company is also working to develop new renewable energy projects that will be supported by corporate PPAs, helping to further promote the use of sustainable energy solutions.

In conclusion, EVN AG is a leading energy company in Austria that is committed to promoting sustainable energy solutions and reducing its carbon footprint. The company is actively investing in renewable energy projects, developing new hydroelectric power plants, and promoting the use of corporate PPAs. With its focus on decarbonisation and renewable energy, EVN AG is well positioned to play a key role in the transition to a more sustainable energy system.

✓ Science Based Targets member
✓ Declared Net Zero commitment