LyondellBasell inks two US PPAs

Rotterdam- based LyondellBasell has signed its first two power purchase agreements (PPAs) in the US, advancing its climate goal of obtaining at least 50% of its electricity from renewable sources by 2030.

The total amount of renewable energy represented by the agreements is 216 megawatts (MW), which is expected to produce about 628,000 megawatt-hours (MWh) of clean energy every year. The use of electricity accounts for roughly 15% of LyondellBasell’s overall scope 1 and 2 greenhouse gas emissions. The company will be able to reduce its annual carbon dioxide emissions by about 225,000 metric tons thanks to these agreements.

The first delivery of some of the 264 individual blades that will make up the 88 turbines, each capable of producing 3.4 MW of output, is currently being made at ENGIE’s Limestone wind project.

ENGIE Limestone Wind Project

In Texas’ Navarro and Limestone counties, ENGIE North America (ENGIE) and LyondellBasell entered into a PPA for 100 MW of renewable electricity. This electricity will come from ENGIE’s new Limestone wind project. Operations on the project are anticipated to start toward the end of 2022.

The 12-year agreement is expected to produce about 377,000 MWh of clean energy each year, which is equivalent to about 135,000 metric tons of carbon dioxide or more than 35,000 typical American homes’ annual electricity usage.

Buckeye Files Solar Project

Additionally, LyondellBasell and Buckeye Partners agreed to a PPA for 116 MW of renewable energy generated by the Files solar project in Hill County, Texas, outside of Dallas. In the second quarter of 2023, the solar farm is anticipated to start producing energy.

The 10-year agreement is expected to produce about 251,000 MWh of clean energy each year, which is equivalent to about 90,000 metric tons of carbon dioxide or more than 23,300 typical American homes’ annual electricity usage.

Image source: LyondellBasell

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