Engie Partners with Einstein Bros for Sustainable Energy Solutions
ENGIE Partners with Einstein Bros. Bagels for Renewable Energy
ENGIE North America (ENGIE) has entered into a groundbreaking contract with Einstein Bros. Bagels. This partnership is a major stride in the company’s goal of offering renewable energy solutions 24/7 to its commercial clients by the year 2030. This initiative reflects the ENGIE Group’s unwavering commitment to delivering clean energy globally.
Renewable Energy Credits and Sustainability
Through this contract, ENGIE plans to match 90% of the hourly electricity requirements for 25 Einstein Bros. Bagels locations by utilizing Renewable Energy Credits (RECs) from its diverse wind and solar energy portfolio. This includes ENGIE's notable Live Oak Wind Project. ENGIE’s extensive experience as both a developer and operator of renewable resources strengthens its leadership in providing reliable, clean energy solutions in North America.
The Complexity of 24/7 Renewable Energy Tracking
Transitioning to a 24/7 renewable energy model involves sophisticated tracking of hourly generation and matching it with actual consumption. David Benhamou, head of power portfolio management at ENGIE North America, highlights the intricacies of ensuring that renewable resources are effectively aligned with the energy needs of the Einstein Bros. locations.
Previously, Einstein Bros. Bagels had only annual matching arrangements with ENGIE from the Live Oak Wind Project. This new contract marks a significant evolution in their energy management strategy.
Commitment from Einstein Bros. Bagels
Héctor Briones, the CMO of Einstein Bros. Bagels, emphasizes the importance of sustainable energy solutions within their operational framework. This partnership not only symbolizes a commitment to environmental responsibility but also positions Einstein Bros. at the forefront of energy innovation in the food service industry.
Expanding the Reach of Sustainable Practices
As a cornerstone of its business model, Einstein Bros. Bagels is dedicated to incorporating sustainable practices into its operations. The integration of 24/7 renewable energy represents a profound step toward reinforcing their commitment to energy efficiency and sustainability.
About Einstein Bros. Bagels
Einstein Bros. Bagels proudly presents a plethora of fresh-baked bagels alongside premium double-whipped cream cheese. Their offerings extend to breakfast and lunch sandwiches, coffee, sweets, and catering services. With over 680 locations nationwide, Einstein Bros. is a key part of Panera Brands, which encompasses several renowned fast-casual dining options.
About ENGIE North America
Headquartered in Houston, Texas, ENGIE North America Inc. plays a pivotal role in the energy sector, facilitating the transition towards a carbon-neutral economy. With a workforce of approximately 98,000 across 30 nations, ENGIE covers a full spectrum of the energy value chain, from production to sales. ENGIE invests over $10 billion annually in its mission to achieve a net zero carbon footprint by 2045.
Frequently Asked Questions
What is the purpose of the ENGIE and Einstein Bros. partnership?
The partnership aims to provide continuous renewable energy solutions to Einstein Bros. Bagels locations, showcasing their commitment to sustainability.
How does ENGIE ensure 24/7 renewable energy?
ENGIE tracks hourly generation from multiple renewable sources and matches it with the electricity consumption of each location using Renewable Energy Credits.
What previous arrangements did Einstein Bros. have with ENGIE?
Einstein Bros. previously operated under an annual matching retail energy supply agreement with ENGIE from the Live Oak Wind Project.
How many locations are involved in the ENGIE contract?
ENGIE's renewable energy solution will be implemented in 25 Einstein Bros. Bagels locations.
What does ENGIE focus on in North America?
ENGIE North America is dedicated to transforming the energy sector towards carbon neutrality and ensuring a reliable supply of renewable energy.
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