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Logistics firm DHL signs 10-year PPA with RWE

RICHARD HEAP

January 29, 2024

Logistics group DHL has signed a power purchase agreement to buy electricity from RWE’s 342MW Kaskasi offshore wind farm in the German North Sea.

The 10-year PPA is due to take effect in 2026 and cover around 19% of DHL’s annual electricity use in Germany.

Hendrik Niebaum, head of commodity solutions at RWE Supply & Trading, said: “This partnership shows how RWE’s energy solutions can contribute to climate protection in all sectors of the economy. In addition, long-term contracts like this offer security and predictability for both parties.”

Anna Spinelli, chief procurement officer at DHL Group, said: “The contract with RWE is another important step on our path towards net-zero-emission logistics by 2050. The long-term agreement with our energy partner ensures the credible green electricity supply for our operations and is a measure to support the renewable energy transition. This is an example of how fostering proactive supplier relationships can contribute to a more sustainable and positive ecosystem.”

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