KGHM Polska Mied? SA: diversifies its energy sources – 5.2 MW of additional photovoltaic installations

KGHM will purchase green electricity with guarantees of origin from Projekt Solartechnik – the Corporate Power Purchase Agreement (cPPA), a long-term contract with a price guarantee for the duration of the contract, provides for the delivery of electricity from 2023.

The purchase covers all the energy that will be produced in the new solar power plant in Żuki in the province of Wielkopolskie. Its construction has already begun. The plant that will produce electricity for KGHM has a capacity of 5.2 MW and consists of nearly 10,000 photovoltaic modules.

Investing in energy from renewable energy sources (RES) is another step by the copper industry leader towards diversifying its energy supply sources. KGHM is one of the leaders in the energy transition in Poland. This allows, among other things, the company to be independent of fluctuations in energy prices on the market.

It should be noted that the formula of cooperation with Projekt Solartechnik is not common practice in the national energy market. However, it makes it possible to actually buy green energy at the source, that is to say where it is produced.

The contract is made possible by the consistency and competence of KGHM in the field of electricity management. Indeed, the company is not only one of the largest consumers of electricity in Poland, but also has the status of an electricity sector company engaged in the production, trade and distribution of electricity. ‘electricity.

Energy plays one of the key roles in the company’s strategy. the Company plans to supply half of the energy it consumes from its own sources, including RES, by 2030. This includes investment plans related to, among others, transformation. KGHM was the first company in Poland to submit an application to the National Atomic Energy Agency for the implementation of small modular reactors (SMR).

Disclaimer

KGHM Polska Miedz SA published this content on November 02, 2022 and is solely responsible for the information contained therein. Distributed by Audienceunedited and unmodified, on November 03, 2022 09:44:03 UTC.

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