Thursday 16 June 2022

NextEra Energy commits to net zero emissions by 2045

NextEra Energy has announced its commitment to eliminate carbon emissions from its operations by no later than 2045.

It intends to make “significant investments” to achieve the goal and transform its generation fleet by eliminating all Scope 1 and 2 emissions.

The company has developed the Zero Carbon Blueprint, a comprehensive carbon reduction plans, which includes plans to help its power sector and commercial and industrial customers reduce and ultimately eliminate emissions from their operations.

That would be done through continued investments and innovation in wind, solar, battery storage, green hydrogen and other renewable energy development.

NextEra Energy also intends to work with supply chain partners and its customers on solutions to reduce and ultimately eliminate the emission sources.

The company's interim milestones include reducing carbon emissions by 70% by 2025, 82% by 2030, 87% by 2035 and 94% by 2040 before achieve net zero emissions by 2045.

John Ketchum, president and chief executive officer, NextEra Energy said: “Our Real Zero goal to eliminate carbon emissions from our operations is a real goal that would make a significant difference for our customers.

“We are building on our decades of innovation and investments in low cost renewable energy to decarbonise our company while keeping bills affordable for our customers. Attaining Real Zero will be one of those achievements that provides lasting value to our customers and the communities where we do business. We've been working on this for a long time and will take our extensive experience, industry-leading development platform and scale to help accelerate the decarbonisation of the US economy.”