Throughout Europe, cities are setting ambitious net-zero goals to improve air quality for their residents. Electrifying public transport stands out as a practical, immediate step that enables city planners and managers to achieve rapid reductions in carbon emissions.
Encouraging greater use of mass transit is a strategy that can be implemented straight away, swiftly reducing the volume of cars on the road and significantly cutting transport-related emissions. However, for enhanced public transport networks to deliver meaningful emissions savings, cities must establish a strategy to secure a cheap and reliable supply of renewable energy.
Power purchase agreements (PPAs) are emerging as a preferred option that make renewable energy a reality for large-scale urban infrastructure. PPAs are attractive to operators, as they are a practical approach for public transport authorities to meet ambitious climate targets. They secure a supply of low carbon energy by locking in price stability in potentially volatile energy markets, and offer lower electricity costs, that support direct emission reductions. By supporting energy sourced from wind and solar projects, operators actively contribute to Europe’s energy transition.
