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    1. Energy Efficiency

    Allego Signs Two 10-Year PPAs to Source 100 GWh of Energy Annually from Energy Solutions Group

    Nov. 7, 2023
    The agreements will source energy from a solar park to be operational in January 2024 and a wind farm to be completed in January 2025 in the Netherlands
    Image Source: Department of Energy
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    Allego, a pan-European public electric vehicle fast and ultra-fast charging network, has signed two 10-year PPAs totaling 100 GWh of energy per year with Energy Solutions Group, an independent green energy producer in the Benelux region.

    The agreements will source energy from the Netherlands, including a wind farm in Strijensas and a solar park in Maarheeze, while the PPAs are expected to be operational by January 2024 and January 2025, respectively.

    The PPAs are projected to help Allego stabilize its input cost base while minimizing the impact of commodity price volatility on its operational and margin profile through renewable solar and wind energy. Allego has reduced the impact of volatile commodity prices by sourcing renewable energy to its chargers and procuring energy through PPAs.

    “PPAs have proven to be an effective and competitive tool to achieve two key objectives for Allego: providing 100% renewable energy to our network and minimizing input cost volatility,” said Mathieu Bonnet, Chief Executive Officer at Allego. “We secured these PPA contracts at favorable fixed prices, which in turn increases the overall attractiveness and margin of our energy procurement strategy and we expect to be able to maximize the industry-wide shift to electric mobility by sourcing local, green energy to our network.”

    Allego aims to supply 80% of its energy from PPAs and the remaining 20% through local green certificates. The company will continue to focus on sustainable mobility solutions for its EV charging station network.

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.