Wind Energy through Power Purchase Agreement (PPA)

Project description

Driven by the need for sustainable energy and Lenzing Group’s commitment to reducing carbon emissions, this project aims to secure a long-term, stable, and eco-friendly electricity supply while reducing fossil fuel dependency. The primary objective was to integrate renewable wind energy into Lenzing’s operations as a part of its decarbonisation strategy. The project will provide approximately 13 MW of renewable wind power to the Upper Austrian site, meeting the annual electricity needs of 10.000 average Austrian households.

The project supports Lenzing’s sustainability goals, enhancing operational resilience and environmental impact, and serving as a model for similar projects in other regions.

The implemented solution

This project is aligned with Lenzing’s sustainability goals. The company signed a 15-year supply contract with WLK energy for 13 MW of wind power generated by the new wind farm in Engelhartstetten, which has 11 turbines and a total capacity of 45 MW. This integration of renewable wind power into Lenzing’s energy mix reduces reliance on global energy markets and complements existing solar and biomass initiatives.

The key hurdles solved

Key non-technological challenges included securing permits, aligning with legislation, and ensuring infrastructure readiness. Close collaboration with authorities and partners during the preparation phase, including planning and permitting, led to a successful, groundbreaking start in
November 2023. Addressing these challenges strengthened stakeholder relationships and improved project execution, offering insights for future renewable projects.

Key Suppliers / Partners

WLK energy (electricity supplier and wind farm operator).

“The Engelhartstetten wind farm represents a significant step towards decarbonising our operations. This project not only reduces our carbon footprint but enhances our energy independence. It perfectly complements our broader sustainability strategy and sets a benchmark for future renewable energy projects.”

Christian Skilich
Member of the Management Board of Lenzing Group

The Project’s Achievements:

Investment
The total cost of the wind farm in Engelhartstetten is approximately 90 million euros. A substantial share of this investment is financed by the European Investment Bank in collaboration with Erste Bank Austria.
Lenzing will secure a Power Purchase Agreement (PPA) for 13 MW of the wind farm’s total installed capacity of 45 MW.

CO2 emissions saved
The project supports the transformation of energy production in Austria and promotes electricity generation from renewable energy sources.

Any other sustainable benefits
• Reduced dependency on fossil fuels.
• Stable and diversified energy supply.
• Long-term cost stability in energy procurement.

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