Fraport to Purchase More Wind Energy
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May 26, 2023
Fraport to Purchase More Wind Energy
Centrica Energy Trading to supply Frankfurt Airport with 63 gigawatt hours of electricity annually from July
FRA/AH – Airport operator Fraport is continuing to invest in green wind energy. A new Power Purchase Agreement (PPA) with the European energy services and solutions provider Centrica Energy Trading A/S will provide the Frankfurt Airport aviation hub with annual wind energy volumes of around 63 gigawatt hours, starting this July. The energy will come from a newly built wind farm with a total capacity of 22 megawatts located on the German mainland near Bremerhaven on the North Sea coast. The contract will initially run for five years.
From 2026, Fraport’s energy mix will mainly be drawn from renewable energy sources, thanks to an existing major PPA which will supply 85 megawatts of output. The new Power Purchase Agreement with Centrica will supplement a similar smaller PPA signed in 2021, under which Fraport purchased wind energy for the first time.
Felix Kreutel, SVP Real Estate and Energy at Fraport AG, says: “Fraport has set itself an ambitious climate goal. By 2045, we will reduce our carbon emissions to zero throughout the Group. The PPA with Centrica is an important pillar in our strategic planning. Even now, it is making a major contribution towards shifting our energy mix in the right direction.”
Fraport’s energy mix increasingly consists of renewable sources. Particularly the use of solar and wind energy will contribute to lower the company’s carbon emissions at Frankfurt Airport to 50,000 metric tons by 2030. This represents a 78 percent reduction over 1990 levels, the base year under international climate agreements. Fraport’s climate protection strategy rules out the use of offsetting measures.
More information about this topic can be found in the climate press kit.
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Media Contact:
Angelika Heinbuch Corporate Communications Media Relations Phone+49 69 690-28417 a.heinbuch@fraport.de