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.
+11 vs industry average
Ceres Power’s score of 20 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Hydropower Generation is among the most carbon-intensive industries
Industry performance
The Hydropower Generation industry has reduced its overall emissions by 36% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ceres Power's reported carbon emissions
Ceres Power, a UK-based company in the Electricity by hydro industry, reported approximately 10.36 million kg CO2e of emissions for 2024. This total comprises about 541,000 kg CO2e for Scope 1 emissions and approximately 20,000 kg CO2e for Scope 2 emissions.
In 2023, the company's total emissions were approximately 14.85 million kg CO2e, with Scope 1 emissions around 510,000 kg CO2e and Scope 2 emissions at approximately 25,000 kg CO2e.
For 2022, Ceres Power recorded total emissions of about 18.72 million kg CO2e, primarily from Scope 1 emissions which totalled approximately 411,000 kg CO2e. Scope 2 data for this year is not detailed.
In 2020, total emissions reached approximately 21.95 million kg CO2e, including Scope 1 emissions of about 368,000 kg CO2e, Scope 2 emissions of approximately 861,000 kg CO2e, and Scope 3 emissions totalling about 20.72 million kg CO2e.
Ceres Power has committed to reducing its absolute Scope 1 and 2 Greenhouse Gas (GHG) emissions by 42% by 2030, using 2022 as the base year. The company's sustainability reports also highlight a "Carbon emissions per £100,000 revenue" metric, with values varying across reporting years, indicating efforts to improve emissions intensity. For instance, the 2024 report shows approximately 0.00203 kg CO2e per £100,000 revenue, and the 2023 report shows approximately 0.00067 kg CO2e per £100,000 revenue. In 2021, the total carbon emissions for Scope 1, 2, and limited Scope 3 per £100,000 revenue was approximately 0.01407 kg CO2e.
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Ceres Power’s Climate Goals (2030 & 2050)
1 goal2030
42% reduction in all scopes
Ceres Power Limited commits to reduce absolute Scope 1 and 2 GHG emissions 42% by 2030 from a 2022 base year.
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.
See all 1 climate goals
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Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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