Renewables

GEN-I to roll out option to supply power produced without fossil fuels

GEN-I supply power without fossil fuels

Photo: GEN-I

Published

December 9, 2020

Country

Comments

0

Share

Published:

December 9, 2020

Country:

Comments:

0

Share

Households and firms in Slovenia will soon be able to purchase power produced only from carbon-free sources, as GEN-I plans to introduce the offer in January. It said it would sell electricity from solar, nuclear and hydroelectric facilities.

GEN-I committed to a future without fossil fuels. The Slovenian company said it would be the first in the country to enable its business customers and households to purchase electricity only from carbon-free sources. The option is scheduled to be rolled out in January.

An increasing number of large companies are introducing goals to lower their environmental footprint or even cut their net greenhouse emissions to zero. Suppliers of heat and power are therefore offering products that exclude fossil fuels as sources for the production of energy, so their corporate customers can make progress that can be verified.

Green power to lower emissions by 1.65 million tons in 2021

GEN-I said it is aware of its responsibility in the transition to a green future. The power and gas supplier and trader called the climate crisis the greatest challenge for humanity.

Golob: As the largest supplier in the Slovenian energy sector, we must be an example to others

The company estimated it would have 3.15 TWh of electricity from solar, hydroelectric and nuclear sources available for sale next year in Slovenia and added it is equivalent to 1.65 million tons of carbon emission savings. GEN-I said its average Slovenian household customer would reduce its carbon footprint by 40%.

Consumers can help planet by choosing clean electricity sources

“We want to empower all our customers to do something for our planet on their own, in an exceptionally easy way. By choosing an energy source. I myself am convinced that solar energy is the purest choice for the future. Therefore, we will be the first to enable customers to get electricity entirely produced from solar energy. As the largest supplier in the Slovenian energy sector, we must be an example to others. If GEN-I can do it, the entire Slovenia can. There is no need to wait for a CO2-free society until 2050. We can do this earlier,” President of the Management Board of GEN-I Robert Golob said.

The customers can opt for solar and nuclear power, according to the company, which revealed hydropower would soon be included in the package.

GEN-I, which operates within the GEN group, was the first firm in Slovenia to issue a green bond. It allows customers to invest in small solar power units for own use.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

EU-completing-Green-Deal-Industrial-Plan-Net-Zero-Industry-Act

EU completing Green Deal Industrial Plan as Net Zero Industry Act awaits go-ahead

01 May 2024 - The European Union's Net Zero Industry Act is about to come into force, completing legislative work within the Green Deal Industrial Plan

Dubravka Dedovic Djedovic Handanovic reappointed Serbia minister of energy mining

Dubravka Đedović Handanović reappointed as Serbia’s minister of energy, mining

30 April 2024 - Minister of Energy and Mining Dubravka Đedović Handanović is keeping her seat in the new cabinet while Minister of Environmental Protection Irena Vujović is also becoming deputy prime minister

G7-andrew-bowie-coal-phaseout

UK minister: G7 reaches ‘historic’ deal to abandon coal in first half of 2030s

30 April 2024 - An official statement on the G7 decarbonization commitments is due later today

Renewable electricity share Turkey 50

Renewable electricity share in Turkey nears 50%

29 April 2024 - Renewable sources had a 49.3% share in Turkey last month. Minister Mehmet Şimşek said USD 100 billion would be invested within ten years.