Plastic Omnium signs a contract which will cover almost half of its electricity needs by 2025, thanks to low-carbon electricity supplied by EDF Renewables. The renewable electricity will be produced from five photovoltaic power plants developed, built and operated in France by EDF Renouvelables and its subsidiary Luxel.
Thanks to this strategic choice, Plastic Omnium is taking a further step towards its objective of carbon neutrality on its scopes 1 and 2 by 2025. For the EDF group, the signing of this contract contributes to the ambitions of its Solar Plan which aims objective of making the Group one of the leaders in photovoltaics in France.
This direct purchase contract for electricity from renewable sources (PPA or Power Purchase Agreement (1)) for a period of 20 years will allow Plastic Omnium to benefit from an overall annual production capacity of 45 GWh of electricity. (2), which is equivalent to the electricity consumption of 20,000 people. These five photovoltaic plants will power Plastic Omnium’s 14 French sites.
Since 2019, Plastic Omnium has already reduced C02 emissions from its own activities (scope 1) and its energy consumption (scope 2) by 26 %. These efforts are deployed as part of its “Top Planet” program – initiated in 2006 – aimed at reducing the environmental impact of the production of its factories.
Laurent Favre, Managing Director of Plastic Omnium, declares: “These new low-carbon energy production capacities will allow Plastic Omnium to significantly increase the share of renewables in its energy mix. The emblematic contracts that we sign today with the EDF Group mark a major step in achieving our ambitious roadmap towards carbon neutrality, while securing our long-term energy costs. »
The EDF Group has in-depth knowledge of Plastic Omnium's activities and processes, which today allows it to support it in its decarbonization ambition, which is exemplary for the energy transition of the automobile industry.
With its subsidiaries, the EDF Group covers the entire PPA value chain: the development, construction and operation of photovoltaic or wind farms with EDF Renewables, the aggregation of volumes of electricity produced with Agregio Solutions, then their integration by EDF into its customers’ supply contracts.
(1) A PPA (Power Purchase Agreement) is a long-term renewable electricity delivery contract; Electricity can be produced by solar panels or wind turbines located directly on Plastic Omnium sites or on dedicated electricity production sites.
(2) Equivalent to an installed power capacity of 38 Mwp.