Opportunity McDonald’s U.K. strives to ensure long-term cost
certainty for electricity and to reduce carbon emissions, while
also supporting the further development of a renewable energy
infrastructure.
Solution McDonald’s U.K. signed long-term contracts to purchase
the electricity generated by renewable energy plants before they
were built and committed to buy all of the electricity generated
for an agreed price for 15 to 20 years. The contracts enabled the
developers to secure financing to build three wind farms and one
waste gasification plant.
Results McDonald’s U.K. took an innovative approach to buying
renewable electricity , and achieved anticipated savings in the range
of £75 million to £100 million. The four power purchase agreements
will provide McDonald’s U.K. and its franchisees with almost 70
percent of their annual electricity for the next 15 years.
Four Power Purchase Agreements will provide
McDonald’s U.K. and its franchisees with almost
70 percent of their annual electricity for the
next 15 years.”