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Decentralised renewable energy is benefiting businesses

Edie 20th July 2017, Businesses that invest in decentralised energy systems can enjoy the triple benefit of economic value, security of supply and “telling a good story”, the new chief executive of community energy supplier Mongoose Energy has told edie. In his previous role as head of international NGO the Climate Group, Mark Kenber led the RE100 scheme which gets firms to source 100% renewable electricity.

It was revealed by edie earlier this month that the initiative was targeting 500 members by 2020 after passing the 100-member milestone. Kenber, who took the reins at Wiltshire-based Mongoose Energy in April, welcomed the growing number of businesses recognising the financial benefits of sourcing renewable energy.

He cited Power Purchase Agreements (PPAs) with local suppliers as one of the increasingly popular methods for
companies to meet renewable energy targets, and also improve CSR credentials. “Businesses sign up to RE100 for broadly financial reasons, they know the economics stack up,” Kenber said. “And if you can get a lot of CSR benefit from it, with a local store buying from the localcommunity, it’s a really good story. A lot of them are looking at that. Now
you can get competitive prices which work for both partners.
https://www.edie.net/news/6/Mark-Kenber–Localised-energy-will-revolutionise-the-way-businesses-source-power—/

July 22, 2017 - Posted by Christina Macpherson | decentralised, UK