Looking Forward
Continuing our commitment to securing renewable energy to power our operations, over the next four years, SABIC has line-of-sight to procure more than 4 GW of renewable energy through solar, wind, hydroelectric, and biomass installations across Saudi Arabia, Europe, the Americas, and Asia-Pacific.
Our ongoing projects to reduce the carbon footprint of our own operations and assets include electrifying our steam-driven compressors and pumps to reduce our GHG emissions and the repurposing of our existing infrastructure for blue hydrogen and ammonia production with CO2 capture for use in zero-carbon power generation. We are also expanding our use of renewables in line with the Kingdom’s vision for the country to be 50% powered by renewable energy by 2030 and making strides across our global network as well.
In 2021, we established a long-term power purchase agreement to secure the supply of 300 GWH of renewable wind power for our petrochemicals site in Geleen, the Netherlands. The supply of the renewable power officially started on 1 January 2022, with the power being sourced from the newly built Fryslân Wind Farm in the Netherlands. This agreement marks a significant development in our global carbon neutrality strategy, providing 30% of our annual power demand at Geleen and helping us to reduce our indirect CO2 emissions by 120,000 MT.