NextEra Energy has committed to eliminate carbon emissions from its operations by no later than 2045, while leveraging low-cost renewables to provide affordable energy for its customers.
Reaching the goal would require “significant investment” by the company and transform its generation fleet by eliminating all scope 1 and scope 2 carbon emissions across NextEra Energy's operations, while enhancing reliability, resiliency, affordability and cost certainty for the many customer groups it serves, NextEra stated.
The company has developed the Zero Carbon Blueprint, a comprehensive carbon-emissions-reduction plan, to outline the steps it would need to take to achieve its goals and track its progress.
The company has set interim milestones every five years to transform its generation mix to increasingly produce electricity from zero-carbon-emissions resources until Real Zero is achieved.
Using NextEra Energy's 2005 standard adjusted baseline, the company now plans to reach a carbon-emissions-reduction rate of 70% by 2025, exceeding its previous commitment.
Under its Real Zero goal, the company would improve that carbon emissions reduction rate to 82% by 2030, 87% by 2035 and 94% by 2040 before striving to achieve Real Zero by no later than 2045.