Potential offtaker

Pennon Group

www.pennon-group.co.uk

Estimated electricity consumption

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Countries of production presence

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Pennon Group is a leading water and waste management company headquartered in the United Kingdom. The company operates in the Water Utilities sector and provides water and wastewater services to customers in the UK. With a focus on sustainability and decarbonisation, Pennon Group is committed to reducing its carbon footprint and promoting renewable energy.

Decarbonisation is a key focus for Pennon Group, and the company has set ambitious targets to reduce its carbon emissions. The company has committed to achieving net-zero carbon emissions by 2030, which is a significant challenge given the energy-intensive nature of its operations. To achieve this goal, Pennon Group is investing in renewable energy and energy efficiency measures.

Corporate energy is another area of focus for Pennon Group. The company is committed to reducing its energy consumption and promoting energy efficiency across its operations. This includes investing in energy-efficient technologies, such as LED lighting and energy-efficient heating systems. In addition, Pennon Group is exploring the use of renewable energy sources, such as solar and wind power, to reduce its reliance on fossil fuels.

Corporate Power Purchase Agreements (PPAs) are another important tool for Pennon Group in its efforts to promote renewable energy. A Corporate PPA is a long-term contract between a company and a renewable energy provider, which guarantees the purchase of a certain amount of renewable energy at a fixed price. By entering into a Corporate PPA, Pennon Group can secure a reliable source of renewable energy and reduce its carbon footprint.

Renewable energy is a key focus for Pennon Group, and the company is committed to investing in renewable energy sources such as wind, solar, and hydro power. The company has a number of renewable energy projects in development, including wind farms and solar parks. In addition, Pennon Group is exploring the use of innovative technologies such as anaerobic digestion and energy from waste to generate renewable energy.

Pennon Group is also committed to reducing waste and promoting the circular economy. The company operates a number of waste management facilities, including landfill sites and recycling centres. Pennon Group is investing in new technologies to improve the efficiency of its waste management operations and reduce the amount of waste sent to landfill.

In addition to its core water and waste management operations, Pennon Group has a number of subsidiary companies that operate in related sectors. For example, Viridor is a leading waste management company that operates in the UK and Europe. Viridor provides a range of waste management services, including recycling, energy recovery, and landfill management.

Overall, Pennon Group is a leading water and waste management company that is committed to sustainability and decarbonisation. The company is investing in renewable energy and energy efficiency measures to reduce its carbon footprint and promote a more sustainable future. With a focus on innovation and technology, Pennon Group is well-positioned to lead the way in the transition to a low-carbon economy.

✓ Science Based Targets member
✓ Declared Net Zero commitment