Nuon and AkzoNobel Sign Energy Supply Agreement in the Netherlands

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“The deal underlines our commitment to using more sustainable energy resources as it allows us to balance swings in supply of electricity, particuarly that generated by wind and solar power"

Official Press Release AkzoNobel:

Nuon and AkzoNobel sign innovative energy supply agreement

Wind Industry Profile of
Nuon and AkzoNobel sign innovative energy supply agreement

Nuon is to supply flexible energy to three of AkzoNobel’s chemical production sites in the Netherlands as part of an agreement to purchase a total net volume of 1.5 TWh. The deal will allow AkzoNobel to take advantage of flexibility in its chemical production and its own electricity generation to balance fluctuations in energy supply to optimize costs.

The innovative supply solution – which involves sites in Delfzijl, Hengelo and Rotterdam – provides access to trading markets and represents a next step towards AkzoNobel meeting its strategic and sustainability targets. It will also enable the purchase of renewable power from other parties, and facilitate other future Power Purchase Agreements. Nuon will offer AkzoNobel access to the flexibility markets through its... ... More: Official Press Release AkzoNobel

Vattenfall, Nuon, AkzoNobel, energy supply, Netherlands

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