BP Plc expanded a renewable energy supply deal with Amazon, which the British oil major said was a key part of its strategy to transform into an integrated energy company.
Earlier this year, BP set one of the oil sector’s most ambitious climate targets with plans for deep cuts to its carbon emissions to become a net-zero company by 2050.
In a statement on Dec. 10, William Lin, BP’s executive vice president, regions, cities and solutions, said: “Our successful relationship supports both BP’s and Amazon’s ambitions to reduce our emissions and help our customers reduce theirs.”
“Amazon is helping BP with innovative digital technologies,” Lin continued in his statement, “and using our trading capabilities and scale we will give Amazon the reliable and flexible renewable energy supplies they need to meet their ambition to decarbonize.”
As part of its expanded deal with Amazon announced Dec. 10, BP agreed to more than triple the renewable power that it will supply Amazon in Europe.
BP will now supply the U.S. e-commerce giant’s operations and Amazon Web Services (AWS) with an additional 404 megawatts (MW) of wind power in Europe starting in 2022. More than half of the power will be sourced from a new wind project in Sweden and the rest from two new wind projects in Scotland.
The companies’ previous agreement made in December 2019 was for BP to supply AWS in Europe with around 170 MW of renewable power.
“These new agreements with BP help us toward our goal of powering our operations with 100% renewable energy,” said Nat Sahlstrom, director of Amazon Energy in a statement. “Our push for more renewable energy is one step toward our goal of reaching net-zero carbon by 2040 as part of Amazon’s commitment to The Climate Pledge.”
On Dec. 10, Amazon also signed a 10-year corporate power purchase agreement with Ørsted to offtake the output of 250 MW from Ørsted's planned 900 MW Borkum Riffgrund 3 offshore wind farm in Germany.
The agreement is the largest ever for offshore wind in Europe and will also help Amazon achieve their commitment to be net-zero carbon by 2040 as set out in their Climate Pledge, according to an Ørsted company release.
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