Ambition Of APM Terminals In Renewable Electricity

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Credits: Getty Images/iStockphoto

The news that APM Terminals has reached 40% in its ambition to run all global terminals on renewable electricity earned the global operator recognition in industry press recently.

The announcement, however, was a “modest calculation”, according to the company’s Head of Decarbonization, Sahar Rashidbeigi.

Renewing the Numbers

The recent announcement by CEO Keith Svendsen that ~40% of all consumed electricity in the company’s terminals globally now comes from renewable sources was made during a ceremony to mark the call of the world’s first methanol-powered container vessel at APM Terminals’ flagship Maasvlakte II terminal in Rotterdam.

That 40% figure represents an almost four-fold increase in the use of renewable electricity for the company, from 11% in 2020.

Solar Advantage

At Gateway Terminals India Pvt. Ltd (GTI), also known as APM Terminals Mumbai, a “significant” partnership with 02 Power could generate a momentous result.

The captive solar plant with a capacity to generate 22 million kWh of electricity annually – could meet 80% of the terminal’s electricity requirements through a power purchase agreement. This would reduce the terminal’s carbon footprint by 44%.

By implementing the USD 10 million project, the terminal will reduce its carbon emissions by 65%.

Significant Impact

The importance of acceleration in renewables for the terminal company comes from the fact that a significant share approximately 40% of its emissions arise from purchased electricity.

“Diminishing our reliance on purchased electricity – to the point of zero – will exponentially advance our overall target of net zero by 2040,” adds Rashidbeigi.

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Source- APM TERMINALS