Hydro Energy AS Enhances Sustainability with a Decade-Long Renewable Power Deal

Hydro Energy AS signs a landmark deal to power its aluminium plants with renewable energy for the next decade.
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A Energi

Strategic Shift Towards Renewable Energy

Norwegian firm Hydro Energy AS has committed to a significant enhancement in sustainability by signing a 10-year power purchase agreement with domestic renewable energy producer A Energi. This deal, set to commence in 2025, secures 438 GWh per year of electricity for Hydro’s aluminium production facilities in Norway, aligning with the regional electricity rates of Norway's NO3 region.

A Sustainable Future for Aluminium Production

The agreement forms a crucial part of Hydro’s ambitious plan to cut emissions by 30% by 2030 from its 2018 levels, with a long-term goal of achieving net zero emissions by 2050. By utilizing renewable energy, Hydro aims to drastically reduce the carbon footprint of its aluminium production. According to the company, their operations are already 75% cleaner in terms of carbon emissions compared to the global average for aluminium production.

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