Renewable energy replacement brings cost savings

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Replacing fossil-fuel energy with renewable energy plays an important part in ASSA ABLOY’s aim to become more sustainable.

Challenge 

Efforts are being made throughout ASSA ABLOY to reduce its carbon footprint and lower its fixed-energy costs by using more renewable energy. “Many people have a misconception that it costs more to purchase electricity from renewable resources like solar and wind power,” says Charles Robinson, sustainability manager ASSA ABLOY EMEA. “But buying electricity from renewables is often on a par with fossil-fuel- generated electricity.”  

Solution 

The measures taken by the company have had a major effect. In EMEA, for example, more than half of the electricity consumption now comes from renewable energy, and this is expected to increase in the coming years. And some centers already procure their electricity strictly from renewable resources, including Abloy in Finland, the company’s operations in Spain and some UK facilities.  

Result 

“Spain saved EUR 95,000 in 2016 compared with the cost level before switching to renewable resources in 2014,” Charles says, adding that the key to being cost-effective lies in negotiating electricity costs. “Each of the 11 regions in EMEA is responsible for handling the negotiations for electricity locally and requesting a mix that includes renewable resources.”