Potential offtaker

Jersey Electricity PLC

www.jec.co.uk

Estimated electricity consumption

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Countries of production presence

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Jersey Electricity PLC is a public limited company that operates in the electric transmission sector in the United Kingdom. The company has a long-standing history of providing reliable and affordable electricity to the people of Jersey, a British Crown Dependency in the English Channel. It was established in 1924 and has since grown to become one of the leading energy companies in the region.

The company's mission is to provide sustainable and affordable energy solutions to its customers while reducing its carbon footprint. Jersey Electricity PLC has been at the forefront of decarbonisation efforts in the region, and it is committed to reducing its carbon emissions by 40% by 2030. The company has already made significant progress in this regard, having reduced its carbon emissions by 30% since 2010.

Jersey Electricity PLC has also been actively involved in the promotion of renewable energy in the region. The company has invested in a number of renewable energy projects, including wind, solar, and hydroelectric power. It has also partnered with other companies to develop innovative renewable energy solutions that can help to reduce the region's dependence on fossil fuels.

One of the key initiatives that Jersey Electricity PLC has undertaken in recent years is the development of corporate energy solutions. The company has been working with businesses in the region to help them reduce their energy consumption and carbon footprint. This has involved the installation of energy-efficient lighting, heating, and cooling systems, as well as the implementation of energy management systems that can help businesses to monitor and control their energy usage.

Another initiative that Jersey Electricity PLC has been involved in is the development of corporate power purchase agreements (PPAs). These agreements allow businesses to purchase renewable energy directly from the company, which can help them to reduce their carbon footprint and achieve their sustainability goals. Jersey Electricity PLC has already signed a number of corporate PPAs with businesses in the region, and it is actively seeking to expand this program.

Jersey Electricity PLC has also been actively involved in the development of smart grid technologies. The company has been working with other energy companies and technology providers to develop innovative solutions that can help to improve the efficiency and reliability of the region's energy grid. This has involved the deployment of advanced metering systems, energy storage solutions, and other smart grid technologies.

In addition to its core business operations, Jersey Electricity PLC is also committed to supporting the local community. The company has a number of community initiatives, including a program that provides financial assistance to low-income families to help them pay their energy bills. It also supports local charities and community organizations through donations and volunteer work.

Overall, Jersey Electricity PLC is a leading energy company in the United Kingdom that is committed to providing sustainable and affordable energy solutions to its customers. The company has been actively involved in decarbonisation efforts in the region and has made significant progress in reducing its carbon emissions. It is also a leader in the promotion of renewable energy and has developed innovative solutions to help businesses reduce their carbon footprint. With its commitment to sustainability and community involvement, Jersey Electricity PLC is well-positioned to continue to be a leader in the energy sector for years to come.

✓ Declared Net Zero commitment