Innovation, Sustainability / Published December 16, 2019

Copec signs key renewable energy agreement


The subsidiary of Empresas Copec and Cerro Dominador, a renewable energy generator in the Atacama Desert, signed a “PPA” (Power Purchase Agreement) that will allow Copec to cover an important part of its energy consumption, which includes its biggest 72 Service Stations, almost all of the Copec Voltex electric charging network and eight of its 16 plants located in different regions of Chile.

 

The agreement, the result of a bidding process carried out by the company, lasts for five years and comes into force in July 2020. Thanks to this agreement, Copec will be reducing its annual CO2 emissions by 19,850 tons, which accounts for 11.8% of the total carbon footprint of its operation.

“Cerro Dominador coincides with our vision of the future and with the interest of Copec to contribute to the energy transition process and adds to other initiatives that we are developing in electromobility and distributed generation. This agreement, which involves clean energy, is also a key step to take advantage of the resources offered by our desert, which has the highest levels of solar radiation on the planet”.

Leonardo Ljubetic, Development and Management Corporate Manager at Copec

Located in the Atacama Desert, Cerro Dominador is a state-of-the-art energy complex, consisting of a 100 MW photovoltaic (PV) plant and the first solar thermal power plant (Solar Power Concentration) in Latin America.

 

Leonardo Ljubetic, Development and Management Corporate Manager, said: “Cerro Dominador coincides with our vision of the future and with the interest of Copec to contribute to the energy transition process and adds to other initiatives that we are developing in electromobility and distributed generation. This agreement, which involves clean energy, is also a key step to take advantage of the resources offered by our desert, which has the highest levels of solar radiation on the planet.”

 

The “PPA” with Cerro Dominador is part of Copec’s sustainability strategy, which seeks to contribute to the national energy transition process and which, for the company, implies diversifying its value proposition to the market, as well as systematically raising the environmental standards of their work.

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