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Tuesday, 12 November

Neste Using Wind Power At Its Production Sites

The Neste Corporation

The Neste Corporation has committed to lowering its carbon footprint in production ahead of the EU’s climate and energy targets.

The global company has reached a new long-term agreement on wind power with clean-energy company Fortum for supply in Finland.

Neste’s President and CEO Peter Vanacker said: “We are in the business of reducing emissions and accelerating circularity in society. As part of our strategy, we have set two ambitious climate targets. In addition to offering renewable and circular solutions to our customers. We are also committed to reducing the carbon footprint of our own production.

"Investments in renewable energy are one part of this. We have been collaborating with Fortum for years and this first wind power agreement will only deepen our partnership.”

Neste is to purchase approximately 70% of production of the Kalax wind farm, currently under construction in Närpes, Ostrobothnia, with a 12-year contract. The total capacity of the agreement is more than 60 MW, and the energy produced will correspond to around 20% of the electricity consumption at the Neste Porvoo and Naantali sites. The wind power deliveries are expected to begin in early 2021.

Vanacker continued: "Wind power does not generate emissions to air, land or water. The shift to wind power will reduce the indirect carbon dioxide emissions of electricity purchases at Neste’s production sites annually by approximately 40 kilotons."

Picture: The Neste Corporation will be using wind generated power for plants in Finland.

Article written by Brian Shillibeer

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