Air Liquide, Vattenfall Agreement Drive Sustainable Industry Decarbonization

Oct. 27, 2023
The agreement will bring overall renewable power capacity available to Air Liquide to around 270 MW — representing more than 70% of the group's existing electricity consumption.

Paris-based Air Liquide, a global leader in gases and services, and Vattenfall, a European electricity producer, have formed a Power Purchase Agreement (PPA) in the Benelux region, securing 115 MW of renewable power capacity. According to a recent press release, this is the second PPA of its kind in the area. The 15-year contract, effective from 2026, will boost Air Liquide's total renewable capacity to around 270 MW, covering over 70% of its electricity consumption in the Benelux. The renewable energy will be sourced from Vattenfall's offshore wind farm, Hollandse Kust Zuid. This PPA not only supports Air Liquide's decarbonization efforts but also enables its clients to reduce carbon emissions in their products, contributing to a low-carbon economy in Europe. In total, these PPAs are expected to reduce CO2 emissions from power production by up to 8.5 million tons, equivalent to the emissions of over 350,000 Dutch households. Emilie Mouren-Renouard, CEO of the Europe Industries Hub, praised this milestone as a pivotal step toward a low-carbon future.