Potential offtaker

The Midcounties Co-operative

www.midcounties.coop

Estimated electricity consumption

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Countries of production presence

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The Midcounties Co-operative is a UK-based company that operates in the Other Commercial Support Services sector. With a history dating back to 1883, the company has grown to become one of the largest co-operative societies in the UK, with over 700,000 members and a turnover of over £1.2 billion. The Midcounties Co-operative is committed to sustainability and has taken significant steps to reduce its carbon footprint and promote renewable energy.

Decarbonisation is a key focus for The Midcounties Co-operative. The company has set ambitious targets to reduce its carbon emissions, with a goal of achieving net-zero emissions by 2050. To achieve this, the company has implemented a range of measures, including energy efficiency improvements, renewable energy generation, and the use of low-carbon technologies. The company has also invested in carbon offsetting projects to help mitigate its remaining emissions.

One of the ways that The Midcounties Co-operative is reducing its carbon footprint is through corporate energy initiatives. The company has implemented a range of energy efficiency measures across its operations, including the installation of LED lighting, the use of energy-efficient appliances, and the implementation of energy management systems. These measures have helped to reduce the company's energy consumption and carbon emissions, while also saving money on energy bills.

Another key initiative for The Midcounties Co-operative is corporate power purchase agreements (PPAs). PPAs are long-term contracts between a renewable energy generator and a corporate buyer, which provide the buyer with a stable source of renewable energy at a fixed price. The Midcounties Co-operative has signed several PPAs with renewable energy generators, including wind and solar farms, which provide the company with a reliable source of renewable energy. These agreements not only help to reduce the company's carbon footprint but also provide a stable source of energy at a competitive price.

Renewable energy is a key focus for The Midcounties Co-operative. The company has invested in a range of renewable energy projects, including solar PV, wind turbines, and biomass boilers. These projects generate renewable energy that is used to power the company's operations, reducing its reliance on fossil fuels and helping to reduce its carbon footprint. The company has also implemented a range of energy storage systems, which allow it to store excess energy generated by its renewable energy projects for use when needed.

In addition to its own renewable energy projects, The Midcounties Co-operative is also working to promote renewable energy more broadly. The company has launched a range of initiatives to encourage its members and customers to switch to renewable energy, including the provision of information and advice on renewable energy options and the promotion of renewable energy tariffs. The company has also worked with local communities to develop renewable energy projects, such as community-owned wind farms and solar PV installations.

Overall, The Midcounties Co-operative is a company that is committed to sustainability and decarbonisation. Through its corporate energy initiatives, corporate PPAs, and investment in renewable energy, the company is reducing its carbon footprint and promoting the transition to a low-carbon economy. With its focus on sustainability and renewable energy, The Midcounties Co-operative is well-positioned to thrive in a world that is increasingly focused on environmental responsibility.

✓ Science Based Targets member
✓ Declared Net Zero commitment