The company In this is committed to making its production carbon neutral by 2035. To achieve this goal In this plans to make full use of renewable energy worldwide by 2023. That’s why In this increase the use of renewable electricity at its Porvoo refinery and signed a new supply contract for the supply of wind energy from the producer Ilmatar. The use of wind-generated renewable electricity to service production facilities is one of the most effective ways of reducing greenhouse gas emissions *.
At the end of 2019, Neste undertook to use more renewable energy in production by concluding an agreement with Fortum, while this new wind energy agreement expands cooperation with Ilmatar, with which the first contract was concluded in 2020. These contracts mean that in 2025, around 40% of the energy used at the Porvo refinery will be renewable wind energy. The first wind energy supply from Fortum Kalax wind farm on In this The Porvoo plant was started in January 2021.
In addition to wind energy contracts In this increase the share of renewable electricity with so-called guarantees of origin, using existing renewable electricity generation capacity. Proofs of origin will allow the company In this to increase the share of renewable electricity to 100% by 2023 In this required electricity consumption.
Investing in renewable electricity is in line with our goal of ensuring that our production is carbon neutral by 2035. Wind energy is one of about 80 measures we can use to reduce greenhouse gas emissions. Our goal is to use only renewable electricity at the Porvo refinery from 2023 onwards.
Marko Pekkola, In this Vice President for Petroleum Products
The recently signed long – term wind energy supply agreement with Ilmatar will provide about 200 GWh of electricity per year, which is about 17% of In this Porvo refinery electricity consumption. Wind energy supply Ilmatar plans to launch in early 2025.
The new wind energy contract will help In this to reduce indirect greenhouse gas emissions * from purchased electricity for the Finnish Porvoo refinery. The annual emission reduction will be around 50,000 tonnes of CO2 equivalent. In turn, all wind energy contracts together will allow In this to reduce indirect greenhouse gas emissions * from the Finnish plants of the purchased electricity company by approximately 120,000 tonnes of CO2 equivalent **, equivalent to the annual carbon footprint of more than 19,000 average European Union citizens.
*) Tier 2 emissions as defined in the Greenhouse Gas Protocol.
**) Emission reductions are calculated using the 2019 Residual Energy Structure published by the Finnish Energy Service.
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