Aggreko sets 2050 net-zero target

British power generation company Aggreko has revealed plans to achieve a 50% reduction in both fossil diesel and air quality emissions by 2030, and to become net zero in its own operations by 2050.
Aggreko sets 2050 net-zero target Aggreko sets 2050 net-zero target Aggreko sets 2050 net-zero target Aggreko sets 2050 net-zero target Aggreko sets 2050 net-zero target

Net-zero plans follow progress in recent years in incorporating adopting battery storage and solar power

The company, which has won mining contracts over the past year with Gold Fields for Salares Norte in the Andes, and Danakali's Colluli in Eritrea, plans to shift its global generator fleet towards more gas and greener drop-in liquid fuels, and accelerate investment in lower-carbon technologies.

Aggreko said that the net-zero plans follow progress in recent years in turning waste gas into power or by incorporating battery storage, solar, and more efficient generators. It will also accelerate its offering of more efficient solutions notably through temperature control, energy recovery, co- or tri-generation.

"Our customers' needs are evolving - they require cleaner solutions but without compromising reliability, modularity or cost efficiency," said Chris Weston, chief executive. "We've already begun transforming our fleet and solutions to meet changing customer needs and to achieve our objective to become a net-zero company."

The company plans to use remote monitoring and data analytics to increase efficiency, and track performance against its own and its customers' emissions reduction targets.

To achieve the 2030 and 2050 targets, Aggreko will increase investment in lower-carbon technologies and continue to shift its global generator fleet towards more gas and greener drop-in liquid fuels.

The company will also invest in other clean energy alternatives such as e-fuels, hydrogen-ready engines and fuel cells, in preparation for rapid exploitation as the technology becomes available at scale, whilst also closely monitoring and investigating future technologies.