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Ceres Power Holdings plc, commonly known as Ceres Power, is a pioneering company based in the United Kingdom, specialising in electricity generation through hydro technologies. Founded in 2001, Ceres Power has established itself as a leader in the renewable energy sector, focusing on innovative solutions that harness the power of water for sustainable electricity production.
With its headquarters in GB, Ceres Power operates primarily in Europe and Asia, driving advancements in clean energy. The company is renowned for its unique fuel cell technology, which offers high efficiency and low emissions, setting it apart in the competitive landscape. Ceres Power's commitment to sustainability and its strategic partnerships have positioned it as a key player in the transition to a low-carbon economy, marking significant milestones in the development of green energy solutions.
+17 vs industry average
Ceres Power’s score of 27 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hydropower Generation is among the most carbon-intensive industries
The Hydropower Generation industry has reduced its overall emissions by 36% since 2018
Scope 3 accounts for ••• of total emissions.
Ceres Power, headquartered in GB and operating in the Electricity by Hydro industry, reported total carbon emissions of approximately 10,360,000 kg CO2e in 2024. These emissions comprise about 541,000 kg CO2e from Scope 1 and around 20,000 kg CO2e from Scope 2.
In 2023, the company's total emissions were approximately 14,846,000 kg CO2e, with Scope 1 accounting for about 510,000 kg CO2e and Scope 2 for roughly 25,000 kg CO2e. For 2022, Ceres Power reported Scope 1 emissions of approximately 411,000 kg CO2e. In 2021, Scope 1 emissions were around 398,000 kg CO2e, Scope 2 (location-based) emissions were about 1,164,000 kg CO2e, and Scope 3 emissions from business travel were approximately 12,000 kg CO2e. In 2020, total reported emissions were about 21,950,000 kg CO2e, including approximately 368,000 kg CO2e from Scope 1, 861,000 kg CO2e from Scope 2, and 20,721,000 kg CO2e from Scope 3.
Ceres Power is committed to reducing its environmental impact. The company has a near-term target to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030, using a 2022 base year. This commitment is outlined in their 2025 Sustainability Report.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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