Södra to offer renewable electricity through Guarantees of Origin to Europe
Södra can now offer Guarantees of Origin (GoOs) for its renewable electricity. The GoOs are recognised by the EU, following the certification of Södra’s Mönsterås pulp mill according to EU standards. “We believe in renewable energy and want to give our customers the opportunity to take advantage of our renewable electricity,” said Henric Dernegård, Energy Coordinator at Södra.
Renewable energy is produced in Södra’s pulp mills using raw material from the forests owned by Södra’s members. Since 2010, Södra has been self-sufficient in terms of electricity production and sells any surplus on the open electricity market. Södra is now certified according to the European Energy Certificate System (EECS). This is a standard for cross-border trade in GoO certificates.
Södra’s European customers have shown an interest in GoO-label electricity. In May, the mill at Mönsterås was classified according to the EECS, and since then, the mill has produced 190 GWh in bio-based GoO-label electricity. This corresponds to the heating requirements of around 7,600 houses.
“Many of our European customers are electricity-intensive and already purchase renewable products from us in the form of paper pulp. They can now purchase renewable GoOs from us as well, which is an added value that we think strengthens our business,” commented Dernegård.
A GoO certificate corresponds to one MWh and is an electronic label showing where and how the electricity is produced. In Södra’s case, this electricity is bio-based, but it can also be sun, wind or water-based, for example.
Dernegård: “It’s through green electricity that we can move forward to a bio-based society. The EECS is a common system that enables us to monitor and guide electricity generation toward sustainable development in Europe, and we want to be part of this shift.”
For more technical information, please contact:
Henric Dernegård, Energy Coordinator, Södra
Tel: +46 (0)470-152 63
For more market information, please contact:
Magnus Reitersjö, Director Treasury and Credits, Södra
Tel: +46 (0)470-891 34
Tel: +46 (0)470 890 90
Södra was founded in 1938 and is the largest forest-owner association in Sweden, with a membership of more than 51,000 forest owners. We engage in modern and responsible forestry, and operate state-of-the-art mills in which we process our raw material. Net sales in 2017 were 20.5 SEK billion and there were 3,400 employees. Through value-generating relationships and a long-term approach, Södra is leading the way for the future of sustainable forestry.