New fund to support community renewable energy projects

A new fund from M&S Energy will support not-for-profit organisations seeking to use renewable energy for community benefits.

M&S Energy has launched the M&S Community Energy Fund, with up to £400,000 available to support community renewable energy projects and technologies across the UK.

Any not-for-profit organisation that wants to use renewable energy to provide community benefits can apply, whether a community energy group, a sports club, library, school or simply an organisation that wants to have a positive impact on the environment.

Following the initial application and shortlisting process, the winners will be decided by public vote, enabling local communities to vote on the project they believe offers the greatest benefit to them. There are estimated to be over 5,000 community energy groups currently active in the UK, with over 700 launching every year since 2001.

The fund’s launch comes as M&S Energy moves to supplying 100% of its electricity from renewable sources. M&S Energy will generate electricity from 46 hydro power stations in Scotland equivalent to the consumption of its customers. Sourcing responsibly in a world that is increasingly resource constrained is central to Plan A and this marks a significant step towards M&S’s target for all products to have a Plan A quality by 2020.

The announcement coincides with M&S’s annual Plan A 2020 Stakeholder Event where the company gave an update on the progress it has made against its Plan A commitments, along with its view on the sustainable business challenges and next steps.

Jonathan Hazeldine, head of M&S Energy said: “To mark M&S Energy’s electricity going 100% green, we want to help more communities in the UK to generate renewable energy and become environmentally and financially sustainable.

“The M&S Community Energy Fund will enable a wide range of groups to get their projects off the ground and we’re looking forward to hearing about innovative projects that will benefit local communities across the UK.”

Adam Elman, head of Global Plan A Delivery at M&S added that one of M&S Energy’s key sustainability aims is making Plan A more localised and relevant to the communities where customers and employees live and work.

“The M&S Community Energy Fund gets right to the heart of supporting our communities and provides a great opportunity for local green leaders to engage their community in the environmental and social benefits of renewable energy,” he added.

Energy Minister Lord Bourne said: “We’re transforming the way we power homes and businesses up and down the country – boosted by initiatives like this from Marks and Spencer. This fund will bring greener, cleaner energy supplies to local communities and supports M&S Energy’s impressive move to source 100% of the electricity it supplies from renewable sources.”

Praseeda Nair

Praseeda Nair

Praseeda was Editor for GrowthBusiness.co.uk from 2016 to 2018.

Related Topics

Renewable Energy