24/7 Renewable Supply for Operations

Project location
United Kingdom
Temporal matching
30 mins
Geographical matching
Energy tracked (measured/forecasted)
Tracking method
Hourly Matching

Cleartrace and EDF partner to provide 24/7 renewable energy to JPMorgan Chase’s UK operations. As part of the deal, EDF, Britain’s largest producer of zero-carbon electricity, will match JPMorgan Chase’s electricity consumption with renewable generation on a 24/7 basis, through source-specific access to EDF’s 8 TWh of Power Purchase Agreement portfolio.

Key takeaways:

  1. It is monitored using blockchain-based energy-tracking technology from Cleartrace to ensure that the electricity consumed is matched digitally, on a half-hourly basis, to renewable generation.
  2. The generated platform will provide an accurate, real-time view into carbon footprint enabling auditable, around-the-clock monitoring of energy generation and consumption.

Next steps:

  1. More and more leading-edge businesses are seeking detailed data and real-time tracking to help them lower their carbon footprint and prove their progress.
  2. Zero-carbon electricity will be essential for British businesses to achieve Net Zero and this deal will be supporting their customers on their journeys, delivering solutions that meet their diverse requirements.


Project stage