bp and Microsoft said on Tuesday they have joined their expertise to drive digital energy innovation and advance net zero goals, through a strategic partnership.
The companies plan to develop new technology innovations and digital solutions to meet their sustainability aims, including reducing energy use and carbon emissions.
bp, which is targeting a net zero transformation by 2050 or sooner, will use Microsoft’s Azure cloud service to digitalize its production, infrastructure and operations. In return, bp will supply Microsoft’s datacenters with renewable energy to help meet the company’s 2025 renewable energy goals.
The companies said in a joint statement that low carbon is part of a wider sustainability agenda, and they aim to deepen collaboration in this area over time, Kallanish Energy reports.
Microsoft is seeking to operate its datacentres on 100% renewable power. bp will supply the clean energy to units in the U.S., Europe and Latin America. The companies didn’t provide specific locations and the sources of supply.
bp plans to cuts its oil and gas production by 40% by the end of the decade, and develop around 50 gigawatts of renewables capacity, which is 20 times more than its current capacity. The energy company will increase its annual low carbon investments by 10-fold to around $5 billion.
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