IKEA owns more wind turbines than any other store
The Swedish furniture company, IKEA, is progressing to a more sustainable future as the store with the most wind turbines in the world.
The firm now owns 416 wind turbines and 750,000 solar panels – which combined create enough energy to power 73% of IKEAs energy usage last year.
The company has announced it target to source 100% of its energy from renewable sources by 2020, by joining The Climate Group’s RE100 initiative.
IKEA has also noted the sales of its “sustainability life at home” range have tripled.
The range features 500 products, ranging from water and energy efficienty products, waste management options, and renewable energy.
Last year, the firm sourced 77% of its wood and 100% of its cotton from sustainable sources.
“By working long-term and setting ambitions that are larger than what we can achieve alone, we will create an even bigger positive impact,” commented Lena Pripp-Kovac, Sustainability Manager at IKEA Group.
“Our new sustainability commitments, guided by the UN’s Sustainable Development Goals (SDGs), will push and enable us throughout the Ikea value chain to prepare for the world of 2030.”
“And by working together with others, I’m confident that we will create a positive impact.”
Drax advances biomass strategy with Pinnacle acquisition
The Group’s enlarged supply chain will have access to 4.9 million tonnes of operational capacity from 2022. Of this total, 2.9 million tonnes are available for Drax’s self-supply requirements in 2022, which will rise to 3.4 million tonnes in 2027.
The £424 million acquisition of the Canadian biomass pellet producer supports Drax' ambition to be carbon negative by 2030, using bioenergy with carbon capture and storage (BECCS) and will make a "significant contribution" in the UK cutting emissions by 78% by 2035 (click here).
This summer Drax will undertake maintenance on its CfD(2) biomass unit, including a high-pressure turbine upgrade to reduce maintenance costs and improve thermal efficiency, contributing to lower generation costs for Drax Power Station.
In March, Drax secured Capacity Market agreements for its hydro and pumped storage assets worth around £10 million for delivery October 2024-September 2025.
The limitations on BECCS are not technology but supply, with every gigatonne of CO2 stored per year requiring approximately 30-40 million hectares of BECCS feedstock, according to the Global CCS Institute. Nonetheless, BECCS should be seen as an essential complement to the required, wide-scale deployment of CCS to meet climate change targets, it concludes.