Electricity transition means 100 % electricity from renewable energies

By 2030, we will more than triple our proprietary renewables-based electricity generation – from 633 megawatts currently to 2,000 megawatts in 2030.

We focus our investments here on onshore wind turbines and photovoltaics. To significantly expand our proprietary green generation portfolio, we intend to retain growing numbers of domestic wind and PV projects developed by our Juwi subsidiary within the Group. We will fully convert our remaining fossil-based generation to green energies by 2035.

In addition, we are increasingly supporting plant operators in revamping their turbines and thus optimising older facilities to increase the performance capacity of existing windfarms. By implementing repowering measures in the years ahead, we will also replace increasing numbers of existing wind turbines with new, higher-performing models.

MVV is also further stepping up its marketing of green electricity volumes by way of long-term supply agreements, known as purchase power agreements (PPAs). Further components supplementing our portfolio to implement the electricity transition include hybrid solutions in the form of combined ground-mounted PV and battery storage projects. This way, the electricity generated can be stored directly on location.

Contact

Dr. Mathias Onischka
Head of Sustainability Department
Sustainability Report Financial Year 2023

Published on 23th February 2024
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Additional Data / KPI for Sustainability Report 2023 FY (in German)
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