The road to Net Zero 2050.

The road to Net Zero 2050.

The global mission to combat climate change is becoming increasingly urgent. Last year global warming reached 1.2°C above pre-industrial levels1, and we’re already witnessing the effects around the world - from extreme weather to the loss of precious biodiversity2. If we are to limit global warming to below that all important tipping point of 1.5°C3, we must all turn our focus to achieving net zero.

In the UK, more than 20% of carbon emissions come from home energy?. As an industry, energy companies have huge potential to shape the road to net zero through effective collaboration with our customers. Together we must take responsibility for reducing the impact of our energy use on the planet, by supporting the UK transition to renewable energy. At E.ON Next, we are proud to be helping our customers begin their transformative journey, in alignment with the government's ambitious 2050 target.

What does net zero mean, and how do we achieve it?

Net zero is a global goal to prevent further global warming, and protect us from climate hazards. It is achieved when the volume of greenhouse gases in the atmosphere is no longer increasing due to human activities. This means striking a critical balance: the amount of greenhouse gases we are emitting into the atmosphere being offset by the removal of an equivalent amount. This equilibrium can be reached through two key strategies:?

  1. Reducing our greenhouse gas emissions.
  2. Removing existing emissions from the atmosphere.

It is much simpler to prevent emissions in the first place than to attempt removing them.?

Households are the leading cause of carbon emissions in the UK?. On an individual level, we can all make simple changes to use less energy and live more sustainably. From switching off our appliances at the plug to making more environmentally conscious consumer choices. It all makes a difference.?

As an energy company, there are bigger swings to take. Energy supply, transport and storage, and manufacturing are all particularly carbon intensive industries. In 2021, the combined emissions of these industries and UK households made up 71% of total carbon emissions over the year?.?

There are many strategies that can be deployed to help companies reduce their carbon footprint as they build toward net zero. Investing in energy efficient, and better yet renewable, technologies is paramount to securing a long term solution. Many of these investments will help to reduce running costs over time. So don’t fall victim to the sunk-cost fallacy and delay investing. Join the early adopters and lead the charge as a future-focused, socially-conscious business.?

From on-site energy generation with a solar installation, to electrifying your fleet of vehicles, we’ve put together a comprehensive guide to help you find solutions tailored to your industry. For a quick and easy action all businesses can take, try switching to 100% renewable electricity. Join our fixed tariff customers and take a first step on the road toward supporting the UK energy transition.

The road to net zero for E.ON Next.

Our net zero journey started when E.ON Next was created as the new face of renewable electricity for homes and businesses in the UK. We entered the market with the intention to accelerate the energy transition. We currently offer 100% renewable electricity to all our fixed tariff customers.

In the years since we were founded in 2021, we have set out our own net zero strategy - aiming to align with the UK 2050 goal. Take a look at some of the highlights so far:

  • 100% of the electricity we supply to our fixed tariff customers is backed by renewable sources?. By choosing a fixed tariff with us, our customers are supporting the UK energy transition to renewable electricity. Learn more about how we supply 100% renewable electricity.
  • So far, more than 5 million smart meters are now benefiting our customers, and more people join them every day. With smart meters comes a smarter energy grid, helping us to be more precise about the energy that everyone needs to better balance supply and demand. Plus, they help our customers build smarter energy habits at home - with the average household expected to use around 3% less electricity and 2.2% less gas?.If you haven’t already, book a smart meter installation for your home or business.
  • We’re supporting the transition to electric vehicles (EV) in preparation for the government’s 2035 ban on the sale of new petrol and diesel vehicles. Expanding the UK’s EV charging infrastructure from public charging stations to your driveway at home.
  • Retrofitting UK housing stock is vital for reducing energy use - not only to reduce emissions but also to help our customers save money on their energy bills. At E.ON Next, we are developing a one-stop online hub for energy efficient tech with professional installation from E.ON. Making it easier for our customers to find the right energy solutions for their homes. To date, E.ON have installed 1.5 million energy-saving measures in 450,000 households in the last 15 years across the UK.?
  • New Build Residential housing also forms an important part of the UK’s efforts to decarbonise. Together with the largest installer of new build solar, Eco2Solar, and our smart new connections business, E.ON Next provides the capabilities to help decarbonise new homes. We are also working with teams across our business and supply chain to prepare for further improvements driven by the Future Homes Standard from 2025 onwards.?
  • We’re aiming to help customers reduce their reliance on fossil fuels through the installation of renewable energy technologies, like solar panels and air source heat pumps. By creating a one-stop shop for energy and energy tech, we aim to make it simpler than ever for customers to optimise their energy.

As part of the wider E.ON group, we are also excited about our strategic energy partnership with Coventry City Council to transform the city’s approach to carbon reduction whilst helping people save money and boosting the local economy. The 15-25 year partnership is a first for the UK, and will involve numerous projects around the city that will benefit residents and local businesses for years to come, as well as progressing the city’s net zero commitments.

Whilst we’re proud of our achievements, there is still much work to be done. Net zero 2050 isn’t going to be easy, but it is possible with our ongoing commitment, investment, and, above all else, collaboration. By working together with our customers, policy makers, and other organisations we can transform our relationship with energy.

The landscape is already changing - for our industries and outside our windows. Developing environmentally conscious business strategies is necessary, not just to secure your business’ future, but the future of our planet and all those we share it with. So come join the charge.

1 https://www.iea.org/reports/world-energy-outlook-2023/executive-summary

2 https://www.ipcc.ch/report/ar6/wg2/resources/press/press-release/

3 https://www.ipcc.ch/sr15/chapter/spm/

4 https://energysavingtrust.org.uk/net-zero-carbon-emissions-and-homes-whats-the-connection/?

5 https://climate-change.data.gov.uk/dashboards/emissions?

6 https://climate-change.data.gov.uk/dashboards/emissions?

7 Electricity backed by 100% renewable sources, E.ON's renewable generation assets, agreements with UK generators and the purchase of renewable electricity certificates. The electricity supplied to your home comes from the National Grid. Fixed term contracts only. Smart meter required, where eligible. Exit fees and T&Cs apply.

8 https://assets.publishing.service.gov.uk/media/64831d59103ca60013039c7a/energy-supplier-review-of-smart-meter-energy-consumption-impacts.pdf?

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