Powering Climate Action
The energy transition is central to the achievement of climate action goals. This requires a more efficient use of energy, far greater levels of renewable electricity and the widespread adoption of electrification for other energy requirements (e.g. heating and transport). These requirements are central to our strategy and are embodied in our €3bn Positive Energy investment programme.
Our alignment to the UN SDGs, specifically SDG 13: Climate Action, has resulted in the setting of a science-based carbon intensity reduction target for electricity generation (Target 13.2).
We are committed to reducing the carbon intensity of our electricity generation by 50% by 2030 compared to 2019/20 levels
Through our ongoing advocacy work, as well as our community and industry engagements, we seek to raise the awareness of climate change and the urgency with which the energy transition must progress (Target 13.3).
Our activities in powering climate action also go beyond SDG 13. In SDG 7: Affordable and Clean Energy and SDG 9: Industry, Innovation and Infrastructure, the Group is taking important steps in furtherance of these targets too through our plans to increase our onshore wind portfolio threefold by 2030 and progress the development of 2 offshore wind farms – The North Celtic Sea and South Irish Sea renewable energy projects.
Our planned investments in renewable electricity will facilitate the achievement of ambitious targets across the island (Target 7.2) and through these substantial infrastructure investments, will enable industries to accelerate their electrification and decarbonisation (Target 9.4)
