Commercial, Sourcing Renewables, Wind - May 19, 2022
Ball Corp. Signs VPPA
Ball Corporation announced it has entered into a VPPA to purchase 151 MW of new wind energy.
The wind energy center will be located in west Texas. Ball's portion of the project is expected to produce 600,000 megawatt hours of clean energy annually, enough to address the electricity load of nearly half of the company’s North American manufacturing facilities.
The center, which will be owned and operated by a subsidiary of NextEra Energy Resources, will support Ball's ambition to achieve its 2030 science-based targets and net-zero emissions prior to 2050. The wind energy center is expected to reduce Ball's global Scope 2 GHG emissions by approximately 30%. Construction on the wind energy center is underway and it is expected to begin supplying power starting in 2023.
"At Ball, we believe progress requires transparency. As we grow our business to meet the demand for infinitely recyclable aluminum beverage packaging, we remain committed to our goals of cutting our operational emissions and reducing the carbon footprint of our aluminum packaging," said Dennis Schuilenburg, Chief Commercial and Sustainability Officer at Ball in a statement. "Our lifecycle analysis study shows that using renewable electricity in can manufacturing can reduce the carbon footprint of an aluminum beverage can by up to 18% which in turn helps our customers with their sustainability goals."
The wind energy center adds to Ball's previous wind agreements in the U.S., Sweden, and Spain where electricity produced from these projects allowed the company to source 44% of its global electricity demand in 2021 from renewables. Ball aims to obtain 100% renewable electricity globally by 2030, with an interim target of 75% by 2025. With the addition of this wind power, Ball estimates it will be 65% of the way there by 2024.
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