Potential offtaker

Virgin Media O2

www.virginmediao2.co.uk

Estimated electricity consumption

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Countries of production presence

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Virgin Media O2 is a leading telecommunications company in the United Kingdom that provides a wide range of services to its customers, including broadband, mobile, and television. The company was formed in 2021 as a result of a merger between Virgin Media and O2, two of the UK's most well-known and respected telecommunications companies. The merger has created a powerful new player in the industry, with a combined customer base of over 46 million people.

One of the key areas of focus for Virgin Media O2 is decarbonisation. The company is committed to reducing its carbon footprint and playing a leading role in the transition to a low-carbon economy. To achieve this goal, Virgin Media O2 has implemented a range of measures to reduce its energy consumption and increase its use of renewable energy sources.

One of the ways that Virgin Media O2 is reducing its carbon footprint is through the use of corporate energy. This involves the company purchasing energy directly from renewable energy providers, rather than relying on traditional energy suppliers. By doing so, Virgin Media O2 is able to reduce its reliance on fossil fuels and support the growth of the renewable energy sector.

Another key strategy for Virgin Media O2 is the use of corporate power purchase agreements (PPAs). These agreements allow the company to purchase renewable energy directly from generators, often at a lower cost than traditional energy sources. By entering into PPAs, Virgin Media O2 is able to secure a reliable and affordable source of renewable energy, while also supporting the growth of the renewable energy sector.

In addition to these measures, Virgin Media O2 is also working to improve the energy efficiency of its operations. The company has implemented a range of energy-saving measures, such as the use of energy-efficient lighting and the installation of smart meters to monitor energy consumption. These measures not only reduce the company's carbon footprint, but also help to reduce its energy costs.

Overall, Virgin Media O2 is a company that is committed to decarbonisation and the transition to a low-carbon economy. Through its use of corporate energy, corporate PPAs, and energy efficiency measures, the company is playing a leading role in the growth of the renewable energy sector and the reduction of greenhouse gas emissions. As a result, Virgin Media O2 is not only contributing to a more sustainable future, but also positioning itself as a leader in the telecommunications industry.