Ineos has committed to net zero by 2050
Ineos signs solar PPA to cut emissions at US plants
Firm to take entire output of new 310MW project in Texas
Petrochemicals producer Ineos O&P USA has signed a renewable energy power-purchase agreement (PPA) that is expected to achieve greenhouse gas emissions reductions of more than 320,000t/yr at its US facilities. The PPA covers the entire output of a new 310MW solar project at Bosque County, Texas, that will be constructed and operated by a subsidiary of US renewables and battery storage company Nextera Energy Resources. Construction is expected to start in Q1 2024, with commercial operation due to begin in December 2025. 320,000t/yr – Expected emissions reductions The project, with an output of 730,000MWh/yr, will cover the net purchased electricity load of all 14 of the Ineos’ US
Also in this section
19 December 2024
The utility-scale battery energy storage system market is evolving rapidly, with diverse offtake models emerging to offer bespoke, flexible contracting solutions
13 December 2024
Prices in world’s largest compliance market have risen this year but remain below those seen in the EU
11 December 2024
Policymakers need to step up with a long-term, global strategy if the energy transition is ever to be a success
11 December 2024
CCUS and other carbon management technologies are gaining traction around the world, but heightened policy risk and other pressures will make 2025 a challenging year in some regions
