{"id":212791,"date":"2025-01-02T13:28:00","date_gmt":"2025-01-02T17:28:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=212791"},"modified":"2024-12-06T14:28:51","modified_gmt":"2024-12-06T18:28:51","slug":"hydro-and-axpo-sign-long-term-renewable-energy-contract","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/hydro-and-axpo-sign-long-term-renewable-energy-contract\/","title":{"rendered":"Hydro and Axpo sign long-term renewable energy contract"},"content":{"rendered":"\n<p>In a move to strengthen its commitment to sustainability, Hydro Energi <strong>has signed a long-term power purchase agreement with Axpo Nordic<\/strong> . This agreement, which will come into force in 2026, guarantees the supply of 2.63 TWh of <strong><a href=\"https:\/\/inspenet.com\/en\/news\/renewable-energies-will-become-the-main-sources-of-electricity-in-the-world-by-2025\/\" target=\"_blank\" data-type=\"post\" data-id=\"63406\" rel=\"noreferrer noopener\">renewable electricity<\/a><\/strong> annually for a period of ten years. The electricity supplied will come from clean sources in Sweden\u2019s SE2 price zone, covering part of the energy needs of Hydro\u2019s aluminium plants in Norway.  <\/p>\n\n<h2 class=\"wp-block-heading\">Hydro&#8217;s electricity contract reduces carbon footprint in aluminum<\/h2>\n\n<p>The deal is not only key for Hydro, but also for its goal of maintaining its leading position in low-carbon <strong><a href=\"https:\/\/inspenet.com\/en\/news\/aluminum-prices-rise-due-to-production-cuts-in-china\/\" target=\"_blank\" data-type=\"post\" data-id=\"69463\" rel=\"noreferrer noopener\">aluminium production<\/a><\/strong> globally. The Norwegian company has committed to reducing its carbon footprint, with this renewable energy supply being an important step towards its net-zero emissions roadmap for 2050.   <\/p>\n\n<p>Today, aluminium production in Norway has a carbon footprint <strong>that is approximately 75% lower than the global average<\/strong> , making Hydro a benchmark for sustainability within the industry.<\/p>\n\n<h2 class=\"wp-block-heading\">Strategic importance of the contract<\/h2>\n\n<p>Long-term contracts such as this one are essential for Hydro to maintain the stability of its energy supply and continue its environmental commitment. The company already manages a captive production of 9.4 TWh annually, and this new contract with Axpo <strong><a href=\"https:\/\/www.axpo.com\/fi\/en\/newsroom\/media-releases\/2024\/axpo-and-hydro-sign-long-term-contract.html#:~:text=02.12.,in%20Swedish%20price%20area%20SE2.\" data-type=\"link\" data-id=\"https:\/\/www.axpo.com\/fi\/en\/newsroom\/media-releases\/2024\/axpo-and-hydro-sign-long-term-contract.html#:~:text=02.12.,in%20Swedish%20price%20area%20SE2.\" target=\"_blank\" rel=\"noreferrer noopener\">will increase its renewable energy portfolio to approximately 10 TWh<\/a><\/strong> , ensuring that its operations continue efficiently and sustainably in the future. <\/p>\n\n<p>With some existing agreements set to expire at the end of 2030, Hydro is forced to explore new renewable energy options, and this agreement is a key part of its strategy to meet its growing energy demands. Indeed, clean energy is becoming a fundamental pillar for all of Hydro\u2019s operations globally, consolidating its commitment to responsible aluminium production. <\/p>\n\n<p><strong>Follow us on social networks and don&#8217;t miss any of our publications!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a> <a href=\"https:\/\/x.com\/Inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">X<\/a> <a href=\"https:\/\/www.tiktok.com\/@inspenet?_t=8qqIL6dRGNR&amp;_r=1\" target=\"_blank\" rel=\"noreferrer noopener\">TikTok<\/a><\/p>\n\n<p><strong>Source: <a href=\"https:\/\/www.hydro.com\/en\/global\/media\/news\/2024\/hydro-and-axpo-sign-long-term-power-contract\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/www.hydro.com\/en\/global\/media\/news\/2024\/hydro-and-axpo-sign-long-term-power-contract\/\" rel=\"noreferrer noopener\">Hydro Energi<\/a><\/strong><\/p>\n\n<p><strong>Photo: Shutterstock<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The long-term agreement between Hydro and Axpo secures the supply of renewable electricity for sustainable aluminium production.<\/p>\n","protected":false},"author":9014,"featured_media":212670,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13044],"etiqueta_noticias":[],"class_list":["post-212791","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-new-energies"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/212791","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=212791"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/212791\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/212670"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=212791"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=212791"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=212791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}