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Thursday, July 25, 2024

Vodafone is completely switching over to green electricity in Europe

The telecommunications group Vodafone is making headway on its climate change course.

From July 1st, electricity in Europe will only be obtained from renewable sources, the company announced on Wednesday in Düsseldorf. This is about electricity for the areas of mobile communications and landline networks as well as the data centers, offices and shops. This has been the case in Germany since last year. It is about twelve European countries, including Italy, Spain and Turkey. In Africa and India, where Vodafone is also present, the changeover should take place by 2025. The British group’s competitors are also increasingly relying on green electricity.

At Vodafone, the green share of the company’s electricity consumption in Europe was 33 percent in the 2019/20 financial year (until the end of March) and 80 percent in the 2020/21 financial year. From July it will be 100 percent as planned.

Where Vodafone is only a tenant and receives electricity from the landlord

– for example in shops in shopping centers – it can still do it
happen that the energy used was generated in coal-fired power plants and other conventional plants. Vodafone compensates for this share by purchasing renewable certificates and is therefore mathematically “green”. With such guarantees of origin, money flows into climate protection projects, and the buyer can then include the CO2 savings achieved in his own carbon footprint.

Albania is a special case with Vodafone’s green electricity vest: at the Vodafone subsidiary there, a third of the total electricity consumption is compensated for by certificates.
The competition is also advancing. So referring German Telekom Group – that included US and Europe – YTD claims to be exclusively green electricity, to cover its electricity needs. As with Vodafone, a small number of certificates are bought in order to achieve 100 percent mathematically. Telefónica has been mathematically completely “green” in terms of electricity consumption in Germany since the beginning of this year. In its three other core markets, Spain, Great Britain and Brazil, the value is 100 percent, says a Telefónica spokesman.

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In the Internet age, the need for data transmission is growing, and at Vodafone, mobile data traffic rose by almost half in the past financial year, according to company information. Thanks to energy-efficient technologies, Vodafone’s energy consumption “remained largely unchanged,” as the company puts it. One of the reasons for this is that the latest 5G mobile communications standard requires significantly less electricity than its predecessor technologies.
The Vodafone share recently gained 1.16 percent in London to 1.32 GBP.

Ismael Brooks
Ismael Brooks
Ismael is a versatile writer contributing to City Telegraph, where their expertise spans technology and global affairs. With a passion for exploring innovation, societal trends, Ismael brings a fresh perspective to every piece they craft. Follow Ismael for thought leadership and in-depth analysis , as he continue to contribute to City Telegraph's mission of informing and engaging readers with compelling narratives.

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