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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.
+11 vs industry average
Ceres Power’s score of 20 is higher than 66% 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, a UK-based electricity producer using hydro technology, has disclosed its carbon emissions for recent reporting years.
In the reporting year 2024, the company reported total emissions of approximately 10.36 million kg CO2e. This comprised about 541,000 kg CO2e for Scope 1 emissions and approximately 20,000 kg CO2e for Scope 2 emissions.
For the reporting year 2023, Ceres Power's total emissions were around 14.85 million kg CO2e. Scope 1 emissions accounted for approximately 510,000 kg CO2e, with Scope 2 emissions at about 25,000 kg CO2e.
In the reporting year 2022, total emissions reached approximately 18.72 million kg CO2e, with Scope 1 emissions at roughly 411,000 kg CO2e. Scope 2 emissions data was not explicitly detailed for this year.
For the reporting year 2021, Ceres Power reported Scope 1 emissions of about 398,000 kg CO2e and Scope 2 emissions of approximately 1,164,000 kg CO2e. Limited Scope 3 emissions, specifically from business travel, were reported at 12,000 kg CO2e.
In the reporting year 2020, the company reported total emissions of approximately 21.95 million kg CO2e, including Scope 1 emissions of about 368,000 kg CO2e, Scope 2 emissions of around 861,000 kg CO2e, and Scope 3 emissions totalling approximately 20.72 million kg CO2e.
Climate Commitments and Reduction Targets:
Ceres Power Limited has committed to reducing its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by the year 2030, using 2022 as the base year. The company's Sustainability Report for 2025 outlines this near-term target, covering all scopes. This commitment is designed to contribute to a more sustainable operational footprint.
Access structured emission data, company specific factors and auditable source documents
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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