Consum announced that it has entered a ten-year power supply contract with Endesa for 75 MW of solar power, which will be able to cover 50% of the supermarket chain’s power demand, equivalent of nearly 76,000 families’ electricity consumption.
The long-term supply deal will go into effect on January 1, 2023. Endesa’s renewable subsidiary, Enel Green Power, will oversee the power generation from its solar portfolio.
Consum stated that it will procure renewable energy certified with Guarantees of Origin (GOs) to cover the remaining 50% of its energy needs.
The deal provides Consum with stable and long-term energy supply for its 500 stores spanning the Valencian Community, Catalonia, Murcia, Castilla-La Mancha, Andalusia, and Aragon.
The agreement not only deepens the two companies’ commitment to the planet, but also ensures that Consum’s total electricity consumption will come from non-emitting sources, avoiding more than 66,000 tonnes of carbon dioxide per year, which is the amount of carbon dioxide absorbed by 111,700 trees over a 40-year period.
“This agreement with Endesa is very important for Consum, given our commitment to green energy, in order to reduce the environmental impact of our activity, but also to stabilize energy prices for the next decade,” said the director general of the Cooperative, Juan Luis Durich.
Consum’s carbon footprint, which has decreased by 84% since 2015, proved the company’s commitment. It has ensured that all of its supermarkets operate with high eco-efficiency, and became the first distribution company to obtain the “Calculo-Reduzco” Seal rewarded by Spain’s Ministry for the Ecological Transition.
Endesa, for its part, is also committed to the energy transition, as reaffirmed in its 2022-2024 strategic strategy. The energy producer has pledged to becoming the peninsula’s integrated power with the lowest emissions and has advanced the promise to zero emissions by ten years, to 2040, one decade ahead of the European Union’s target.
