The Importance of Natural Gas in the Energy Transition

As we progress towards a renewable energy future, it is important to recognize the pivotal role natural gas plays in the ongoing energy journey. Currently, natural gas accounts for approximately one-fifth of the world's energy consumption, demonstrating its wide-ranging applications and indispensable presence in our daily lives. From heating residential homes, schools, shopping malls, and offices to fueling paper and steel mills, powering manufacturing facilities, and generating electricity, natural gas serves as a versatile and essential fuel source. At NextEra Energy Services, we fully comprehend the significance of natural gas in the global economy and its prominence in our everyday lives. This understanding drives us to leverage this critical fuel source while strategically investing in renewable energy development. Our natural gas division combines expertise with a strong commitment to advancing energy solutions. By striking a delicate balance between the reliability offered by traditional energy sources and the potential of renewable resources, we pave the way for a more efficient energy future.

Funding Renewable Energy Facilities

A cornerstone of our commitment is our substantial contribution to the EarthEra Renewable Energy Trust as part of our natural gas division operations.NextEra Energy Services has pledged to allocate 100% of the natural gas net income earnings contributed from the retail natural gas business to the trust, which is exclusively dedicated to funding the construction of new renewable energy facilities. By supporting the trust, we ensure that our contributions have a direct and measurable impact on energy resources.

Trust and Accountability

Trust and accountability are fundamental principles that drive our approach. Established in 2009, the EarthEra Renewable Energy Trust operates under the guidance of an independent third-party trustee. This structure guarantees that the funds we provide are exclusively used for renewable energy development. The transparent and accountable management of the trust guarantees that our investments directly support the growth of renewable resources. Since its inception, the EarthEra Renewable Energy Trust has been a driving force in accelerating the addition of renewable resources to America's energy future.

Investing in Local Communities

In 2023, the proceeds donated to the EarthEra Renewable Energy Trust were directed towards funding three major renewable energy projects in Illinois and Georgia. These projects are strategically located in states supported by NextEra Energy Services' natural gas supply services, exemplifying our dedication to investing in and supporting local communities. By promoting renewable energy development in these areas, we not only contribute to a renewable future but also stimulate economic growth and job opportunities within the communities we serve.

Natural Gas

With our natural gas division, we recognize the importance of this critical fuel source in the global economy and our daily lives. Simultaneously, we actively invest in renewable energy development through our partnership with the EarthEra Renewable Energy Trust. By harnessing our expertise in natural gas and finding the right balance between reliability and renewable resources, we create a pathway for a more efficient energy future for all. Together with our customers and communities, we can make a lasting and significant impact on advancing the journey to renewable energy.