Potential offtaker

Royal Mail Group UK

www.royalmailgroup.com

Estimated electricity consumption

N/A

Countries of production presence

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Royal Mail Group UK is a leading postal service provider in the United Kingdom that has been delivering mail and parcels for over 500 years. The company has a long-standing reputation for its reliable and efficient postal services, and it has been constantly evolving to meet the changing needs of its customers. In recent years, the company has also been focusing on decarbonisation and renewable energy to reduce its carbon footprint and contribute to the fight against climate change.

Corporate Energy and Decarbonisation

Royal Mail Group UK is committed to reducing its carbon footprint and has set ambitious targets to achieve net-zero carbon emissions by 2050. The company has been actively working on decarbonisation initiatives, such as improving energy efficiency, reducing waste, and switching to renewable energy sources. The company has also been investing in low-emission vehicles and alternative fuels to reduce its carbon emissions from transportation.

One of the key initiatives that Royal Mail Group UK has undertaken to reduce its carbon footprint is the Corporate Energy Plan. The plan outlines the company's strategy to reduce its energy consumption, increase energy efficiency, and switch to renewable energy sources. The plan includes measures such as the installation of energy-efficient lighting and heating systems, the use of renewable energy sources such as solar and wind power, and the implementation of energy management systems to monitor and control energy usage.

Corporate PPA and Renewable Energy

Royal Mail Group UK has also been actively pursuing renewable energy solutions to reduce its carbon footprint. The company has signed a number of Corporate Power Purchase Agreements (PPAs) to purchase renewable energy directly from renewable energy generators. These agreements enable the company to purchase renewable energy at a fixed price, which helps to reduce its exposure to energy price volatility and provides long-term price stability.

One of the largest Corporate PPAs that Royal Mail Group UK has signed is with Scottish Power Renewables. The agreement will see the company purchase renewable energy from the 58 MW Crossdykes wind farm in Scotland. The wind farm is expected to generate enough renewable energy to power over 45,000 homes and will help Royal Mail Group UK to reduce its carbon emissions by over 25,000 tonnes per year.

In addition to Corporate PPAs, Royal Mail Group UK has also been investing in renewable energy projects. The company has installed solar panels on the roofs of its delivery offices and mail centres, which generate renewable energy to power the company's operations. The company has also invested in biomass boilers to provide renewable heat to its buildings.

Conclusion

Royal Mail Group UK is a leading postal service provider in the United Kingdom that has been actively working on decarbonisation and renewable energy to reduce its carbon footprint. The company has set ambitious targets to achieve net-zero carbon emissions by 2050 and has been implementing a range of initiatives to achieve this goal. These initiatives include the Corporate Energy Plan, Corporate PPAs, and investments in renewable energy projects such as solar panels and biomass boilers. By taking these steps, Royal Mail Group UK is demonstrating its commitment to sustainability and contributing to the fight against climate change.

✓ Declared Net Zero commitment