RWE signs German hydro supply contract

RWE has struck a 10-year hydropower-derived electricity supply contract with German chemical company SKW Piesteritz.

The deal will begin in 2025 when SKW Piesteritz will cover at least 40% of its electricity requirements with certified green electricity from hydropower.

Chief executive of SKW Piesteritz Petr Cingr said: "Electricity from hydropower is another important component of our green transformation and is a suitable addition to the future sustainable energy mix.

“Just by using this renewable energy, we will save the equivalent of around 70,000 tonnes of CO2 emissions per year. With this electricity supply contract, we have taken an important step towards being able to continue to produce green products such as fertilisers and AdBlue® with the seal of trust and quality ‘Made in Germany’ in Lutherstadt Wittenberg.”

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