Thames Water Ltd is the largest water and wastewater service provider in the United Kingdom. The company serves over 15 million customers across London, the Thames Valley, and surrounding areas. Thames Water is committed to providing high-quality water and wastewater services to its customers while also reducing its carbon footprint and contributing to the decarbonisation of the UK economy.

Decarbonisation is a key priority for Thames Water. The company recognises that the water sector has an important role to play in reducing greenhouse gas emissions and addressing climate change. To this end, Thames Water has set ambitious targets to reduce its carbon footprint. By 2030, the company aims to reduce its greenhouse gas emissions by 50% compared to 2015 levels.

To achieve this target, Thames Water is investing in a range of decarbonisation initiatives. One of the key areas of focus is renewable energy. The company is committed to increasing the proportion of renewable energy in its energy mix. Thames Water has already installed over 200 solar panels across its sites, generating over 1.5 million kWh of electricity per year. The company is also exploring the potential of other renewable energy sources, such as wind and hydro power.

In addition to investing in renewable energy, Thames Water is also exploring the potential of corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy generator. The company agrees to purchase a certain amount of renewable energy from the generator over a fixed period of time. Corporate PPAs can provide a stable, long-term source of renewable energy for companies, while also supporting the development of new renewable energy projects.

Thames Water has already signed a number of corporate PPAs with renewable energy generators. In 2019, the company signed a 20-year agreement with a wind farm in Scotland. Under the agreement, Thames Water will purchase 100% of the electricity generated by the wind farm, which will provide around 10% of the company's total electricity needs. The company is also exploring the potential of other corporate PPAs with renewable energy generators.

Thames Water is also committed to reducing its energy consumption through corporate energy efficiency initiatives. The company has implemented a range of energy efficiency measures across its sites, including the installation of energy-efficient lighting and heating systems. Thames Water is also exploring the potential of energy storage technologies, such as batteries, to help manage its energy consumption more effectively.

Overall, Thames Water is committed to reducing its carbon footprint and contributing to the decarbonisation of the UK economy. The company is investing in a range of decarbonisation initiatives, including renewable energy, corporate PPAs, and energy efficiency measures. By working towards its ambitious targets, Thames Water is demonstrating its commitment to sustainability and playing a leading role in the transition to a low-carbon economy.