{"id":29315,"date":"2022-07-22T07:53:26","date_gmt":"2022-07-22T06:53:26","guid":{"rendered":"https:\/\/eph23.atelierzidlicky.eu\/?post_type=press-releases&#038;p=29315"},"modified":"2022-07-22T07:53:48","modified_gmt":"2022-07-22T06:53:48","slug":"eph-group-to-invest-more-than-eur-2-4-billion-in-a-carbon-free-future-aiming-carbon-neutrality-by-2050","status":"publish","type":"press-releases","link":"https:\/\/eph23.atelierzidlicky.eu\/en\/press-releases\/eph-group-to-invest-more-than-eur-2-4-billion-in-a-carbon-free-future-aiming-carbon-neutrality-by-2050\/","title":{"rendered":"EPH Group to invest more than EUR&nbsp;2.4 billion in&nbsp;a&nbsp;carbon-free future, aiming carbon neutrality by 2050"},"content":{"rendered":"<ul>\n<li>EPH Group reduced CO<sub>2<\/sub> emissions by 38% and&nbsp;SO<sub>2 <\/sub>emissions by a&nbsp;full 70% compared to 2015<\/li>\n<li>EPH Group increased heat production from renewable sources by 20% year on year<\/li>\n<li>Net electricity generated by EPH Group from renewable sources totalled 3.959 GWh last year, 8% more than in&nbsp;the&nbsp;previous year<\/li>\n<\/ul>\n<p>In 2021, the&nbsp;second pandemic year and&nbsp;a&nbsp;year of&nbsp;unprecedented price fluctuations in&nbsp;commodity markets, EPH Group proved that even in&nbsp;the&nbsp;most difficult circumstances, it fulfils its&nbsp;essential role \u2013 to ensure stable transport and&nbsp;supply of&nbsp;commodities and&nbsp;energy to all its&nbsp;European customers. And&nbsp;in&nbsp;the&nbsp;most environmentally friendly and&nbsp;sustainable way. Compared to 2015, EPH Group reduced its&nbsp;overall carbon footprint by 38% and&nbsp;generated 8% more energy from renewable sources year on year. Since 2015, EPH Group has reduced its&nbsp;SO<sub>2 <\/sub>emissions by 70% while increasing electricity generation. In&nbsp;2021, total SO<sub>2<\/sub> emissions decreased by 9% compared to the&nbsp;previous year. Since 2017, EPH has reduced its&nbsp;methane emissions by 16%.<\/p>\n<p><em>&#8220;By 2050, we will be carbon neutral. By 2030, our CO<sub>2 <\/sub>emissions will be reduced by 60% compared to the&nbsp;emissions we produced in&nbsp;2021. In&nbsp;addition to the&nbsp;accelerating transition from coal to natural gas and&nbsp;biomass, we are looking for opportunities in&nbsp;the&nbsp;renewables segment. These efforts are mainly concentrated in&nbsp;the&nbsp;subsidiary EP New Energies, which specializes in&nbsp;the&nbsp;development of&nbsp;large-scale renewable energy projects using mainly former mining sites in&nbsp;Germany. Since its&nbsp;inception in&nbsp;2019, EP New Energies has built several large-scale and, above all, sustainable projects and&nbsp;has additional wind, ground-mounted, rooftop and&nbsp;floating photovoltaic and&nbsp;hybrid projects of&nbsp;more than 3.000&nbsp;MW in&nbsp;the&nbsp;pipeline<\/em>,&#8221; says <strong>Daniel K\u0159et\u00ednsk\u00fd, Chairman of&nbsp;the&nbsp;Board and&nbsp;CEO of&nbsp;EPH.<\/strong><\/p>\n<p>Last year, EPH shut down the&nbsp;coal-fired power stations Deuben, Buschhaus, Provence 5 and&nbsp;two units of&nbsp;the&nbsp;J\u00e4nschwalde power station. Next year, the&nbsp;coal and&nbsp;oil-fired units at the&nbsp;Kilroot power station in&nbsp;Northern Ireland will be replaced by state-of-the-art natural gas combustion technologies (OCGT), primarily to provide capacity and&nbsp;network stability services. Also, investments of&nbsp;hundreds of&nbsp;millions of&nbsp;Euros have been launched in&nbsp;state-of-the-art combined-cycle gas turbine\u00a0power\u00a0plants ready for future hydrogen use in&nbsp;Tavazzan and&nbsp;Ostiglia (both in&nbsp;Italy) and&nbsp;additional units providing capacity and&nbsp;grid stability services in&nbsp;Tynagh (Ireland) and&nbsp;Leipheim (Germany) to provide energy when it cannot be supplied from renewable sources. EPH Group has already invested or committed to invest more than EUR&nbsp;2.4 billion in&nbsp;the&nbsp;coming years to build a&nbsp;path to carbon neutrality and&nbsp;energy independence in&nbsp;Europe. It also operates advanced battery storages in&nbsp;Germany and&nbsp;the&nbsp;UK. New projects with a&nbsp;low carbon footprint create jobs in&nbsp;the&nbsp;energy sector, thus demonstrating that environmentally responsible, reliable and&nbsp;affordable energy supply must go hand in&nbsp;hand with social justice and&nbsp;job continuity.<\/p>\n<p><em>\u201cSustainable energy production from renewable sources will require flexible energy production capacities and&nbsp;efficient large-scale energy storage technologies. In&nbsp;the&nbsp;initial transition period, this role could be fulfilled by natural gas, subsequently replaced by hydrogen and&nbsp;other gases from renewable sources. All our new gas-fired power plant projects are built using the&nbsp;best available hydrogen technologies. We are convinced that thanks to our strategically located natural gas transportation, distribution and&nbsp;storage infrastructure and&nbsp;our technological know-how along with our leadership in&nbsp;power and&nbsp;heat generation, we are able to become a&nbsp;European leader capable of&nbsp;delivering comprehensive and&nbsp;highly competitive hydrogen solutions of&nbsp;pan-European significance,\u201d<\/em> adds <strong>Daniel K\u0159et\u00ednsk\u00fd<\/strong>.<\/p>\n<p>The full version of&nbsp;the&nbsp;EPH Sustainability Report with many interesting case studies can be found <a href=\"https:\/\/eph23.atelierzidlicky.eu\/en\/sustainability-reports\/\">here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EPH Group reduced CO2 emissions by 38% and&nbsp;SO2 emissions by a&nbsp;full 70% compared to 2015 EPH Group increased heat production from renewable sources by 20% year on year Net electricity generated by EPH Group from renewable sources totalled 3.959 GWh last year, 8% more than in&nbsp;the&nbsp;previous year In&nbsp;2021, the&nbsp;second pandemic year and&nbsp;a&nbsp;year of&nbsp;unprecedented price [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"tax-year":[98],"acf":[],"wpml_current_locale":"en_US","wpml_translations":[{"locale":"cs_CZ","id":29314,"post_title":"Skupina EPH bude do roku 2050 uhl\u00edkov\u011b neutr\u00e1ln\u00ed a pl\u00e1nuje investice do bezuhl\u00edkov\u00e9 budoucnosti za v\u00edce ne\u017e 2,4 miliardy Euro","href":"https:\/\/eph23.atelierzidlicky.eu\/skupina-eph-bude-do-roku-2050-uhlikove-neutralni-a-planuje-investice-do-bezuhlikove-budoucnosti-za-vice-nez-24-miliardy-euro\/"}],"_links":{"self":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases\/29315"}],"collection":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/press-releases"}],"about":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/types\/press-releases"}],"wp:attachment":[{"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/media?parent=29315"}],"wp:term":[{"taxonomy":"tax-year","embeddable":true,"href":"https:\/\/eph23.atelierzidlicky.eu\/en\/wp-json\/wp\/v2\/tax-year?post=29315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}