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Decarbonization project

Barclays UK Renewables Power Purchase Agreement with bp

This project is operational in United Kingdom. The source does not give a quantified reduction for this project.

Status
Operational
Estimated reduction
Not quantified in the source
Countries
United Kingdom
Sector
Renewable power
Announced
16 February 2022
Expected start
2022

About this project

The description is as the source gives it.

Barclays signed a 10-year PPA with bp to source up to 250 GWh of renewable electricity annually for its UK operations, backed by Renewable Energy Guarantees of Origin. This contracted renewable energy supply supports decarbonization of Scope 2 emissions in Barclays' own real estate portfolio. Evidence: "Barclays will source a greater proportion of its UK electricity demand from renewable sources whilst increasing the UK's zero-carbon energy." — https://home.barclays/news/press-releases/2022/02/barclays-signs-10-year-power-purchase-agreement-for-uk-operation/

Statuses, countries and reductions are as the public source states them, and may be out of date.

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