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APM Terminals reaches 40% goal on renewable electricity

Simon Osuji by Simon Osuji
October 11, 2023
in Real Estate
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APM Terminals reaches 40% goal on renewable electricity
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APM Terminals has reached 40% in its ambition to run all global terminals on renewable electricity.

The company’s head of decarbonisation, Sahar Rashidbeigi said “there is still more to come” and that “her team has several projects that will kick in the coming months”.

Last year, the Maersk-owned port and terminal operator announced its ambition to be fully carbon neutral by 2040. To get there, it will focus on equipment electrification, energy optimisation, and the sourcing of 100% renewable electricity such as solar energy.

Moreover, the recent announcement by APM Terminals CEO Keith Svendsen that around 40% of all consumed electricity in the company’s terminals globally now comes from renewable sources was made during a ceremony to celebrate the call of the world’s first methanol-powered container vessel at APM Terminals’ flagship Maasvlakte II terminal in Rotterdam.

That 40% figure represents an almost four-fold increase in the use of renewable electricity for the company, from 11% in 2020.

“However, as impressive as they are, these numbers do not yet include the impact of recent moves by the company, such as those in India and Bahrain,” APM Terminals noted in a statement.

The company said that at Gateway Terminals India Pvt. Ltd (GTI), also known as APM Terminals Mumbai, a partnership with 02 Power could generate significant results.

The captive solar plant – with a capacity to generate 22 million kWh of electricity annually – could meet 80% of the terminal’s electricity requirements through a power purchase agreement. This would reduce the terminal’s carbon footprint by 44% (15,092 CO2t).

In Bahrain, APM Terminals recently announced the launch of a solar power project, which will make the port energy self-sufficient – the first seaport in the region to do so.



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