Reading Time: 1 minutes
RWE has signed a seven-year Power Purchase Agreement (PPA) with Co-op Group, one of the world’s largest consumer co-operatives.
Through this agreement, Co-op will source electricity from RWE’s Gwynt y Môr offshore wind farm to power its operations, including food stores, distribution centres, and funeralcare homes across the UK. RWE will deliver 33 gigawatt hours of clean electricity annually—enough to supply roughly 140 Co-op food stores per year, equivalent to the energy needs of around 12,200 homes. Olaf Lubenow, Head of Commodity Solutions UK, North & South Europe at RWE Supply & Trading, commented, “This contract will help Co-op to meet an increasing proportion of its energy needs from renewable sources. We are seeing continued growth in interest in sustainable energy solutions in the UK retail sector.”
Heather Thomas, Group Property & Sustainability Director at Co-op said, “At Co-op, we’re delighted to announce this further Power Purchase Agreement signing, as we continue to strengthen our energy purchasing strategy by making impactful changes across our business. For the sake of people and planet, it’s vital that collectively we tackle the climate crisis. The energy transition is central to energy security and therefore national security too. That’s why we believe that every business should be playing its part to help green the grid, be that by reducing their energy demand or indeed by ensuring that renewable electricity generation forms an integral part of their energy procurement decisions.”
