Ecotricity are delighted to announce a landmark agreement with AEG Europe, which will see their UK venues including London’s iconic The O2 Arena powered by deep green energy from Ecotricity.
As well as supplying energy to The O2, we will also be powering indigo at The O2, Eventim Apollo, Watford Colosseum and University of Wolverhampton at The Halls as part of the agreement.
The agreement sets a new standard for energy provision across the live entertainment sector. The new supply agreement combines Power Purchase Agreements (PPAs) with a 100% renewable energy supply backed by hourly-matched Renewable Energy Guarantees of Origin (REGOs) through our Real-Time REGOs solution.
The PPAs will allocate specific renewable energy assets to the portfolio of venues. They will operate predominantly off the deepest green energy generated by solar and hydro assets, which not only provide the highest level of transparency, but withstand audit-level scrutiny.
Ecotricity Founder, Dale Vince OBE, said: “This is big news for live music, as venues across Britain – including London’s iconic The O2 – will be powered by deep green energy. AEG have already been working with us to bring clean power to outdoor festivals like All Points East and LIDO earlier this summer, with our Grid Faeries x Ecotricity battery. Now they’re going even further – bringing green power indoors. It’s a major step forward, and a proper milestone on the road to greening up the live entertainment world”
Sam Booth, AEG Europe’s Director of Sustainability, added: “PPAs are widely recognised as the gold standard in energy procurement, and we’re proud to play a role in launching this first-of-its-kind agreement. It marks a significant milestone in the ongoing journey to decarbonise the live entertainment industry, and we’re pleased to help drive this progress.”
