51 Cloudberry Annual report 2022 Sustainability report construction where Cloudberry is the legal owner, Cloudberry reports construction phase emissions. On assets under construction where Cloudberry has entered into an agreement to buy the power plant and is the legal owner after the construction is completed and commission period is approved, Cloudberry reports emissions from takeover. Producing assets: Cloudberry reports its emissions on producing assets and from take-over (additionality principle). CO2 Reduction in the grid In 2022, Cloudberry produced 268 GWh (117 GWh in 2021) of renewable energy, which is equivalent to reducing 59,496 tCO2e (29,133 tCO2e in 2021), based on the baseline emissions from the European electricity mix (EU-27 electricity mix, IEA 2022). As the underlying frameworks are continuously evolving the avoided emissions in 2020 and 2021 have been restated to exclude Cloudberry’s GHG emissions which was previously included in the relevant year as an off set against the avoided emissions. The avoided emissions are a result of our production of renewable energy and is contributing to the muchneeded globally decarbonization. Hån wind farm The majority of Cloudberry’s total carbon emissions in 2022 were related to the construction of Hån and Odal wind farms. Hån wind farm started producing renewable energy in October 2022, and will from May 2023, by avoiding CO2 emissions in the grid, have a carbon-neutral footprint assuming normal wind conditions.
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