JPMorgan Chase selected NextEra Energy Resources’ Optos software platform to optimize energy consumption and reduce its carbon footprint.

Optos is an end-to-end energy management solution that uses AI and blockchain technology to help companies identify their carbon footprint and provide real-time and forecast data to match their energy demand with clean energy resources available on the market. It leverages data from an industry-leading renewable energy fleet owned and operated by NextEra Energy Resources.

Alec Saltikoff, Head of Sustainability and Energy for JPMorgan Chase’s Global Real Estate Group, said, “We are committed to using cutting-edge technology, including artificial intelligence and blockchain technology, to better manage our energy consumption in our global portfolio. and associate it in real time with clean energy resources.”

JPMorgan Chase has set a number of targets for progress in operational sustainability, including a commitment to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 40% by 2030. The company continues to support the development of renewable energy, including installing on-site renewable energy systems and the execution of long-term renewable energy supply agreements, and has set a goal for these solutions to represent 70 % or more of its renewable energy supply by 2025.

As part of its work with JPMorgan Chase, NextEra Analytics, a subsidiary of NextEra Energy Resources, will contract with ClearTrace, a leading energy tracking and carbon accounting software company, to provide a continuous record of every transaction. energy, documenting JPMorgan Chase’s progress toward meeting its sustainability goals.

JPMorgan Chase is committed to facilitating the transition to a low carbon world. The company works to promote a sustainable and inclusive economy by setting carbon reduction targets for the oil and gas, electric power and automotive manufacturing sectors, and by aiming to finance and facilitate $2.5 trillion in sustainable development over ten years.

NextEra Energy Resources is one of the largest wholesale power generators in the United States, with approximately 23,900 MW of total net generating capacity, primarily in 38 states and Canada at the end of 2020.

Florida Power & Light Company and Gulf Power Company have integrated and now operate as Florida Power & Light Company in Northwest Florida (click here).

Last October, NextEra Energy Resources reported third-quarter net income on a GAAP basis of $447 million, or $0.23 per share, compared to $1,229 million, or $0.62 per share, for the third quarter 2020. Fourth quarter and full year results will be released on January 25.

Previous

Norside to convert platform supply vessel for offshore wind market

Next

Prophecy raises $25 million for its low-code data engineering platform – TechCrunch

Check Also