The future of community renewables in Plymouth
In December 2015 the UK government signed the historic Paris Climate Change agreement, pledging to deal with greenhouse gas emissions mitigation, adaptation and finance starting in the year 2020. In accordance with the 2008 Climate Change Act, the UK is also legally bound to reduce greenhouse gas emissions by 80% by 2050 (from 1990 levels).
Despite these targets, over the last few years the UK government has announced drastic policy changes to the financial support mechanisms for the renewable energy industry. These include significant reductions in the Feed-in-Tariff and its eventual elimination by spring 2019.
2017 was a year of consolidation. Now, in the face of decreasing subsidies we have remodelled our business plan with the aim of delivering even more renewable energy projects over the coming years. Increasing motivation from businesses to reduce carbon emissions, coupled with falling costs of renewable technologies ensure there is still potential for community-owned renewable energy projects.
After exceeding our target of 5MW of renewable energy installations by 2019, we aim to develop new projects relating to:
- LED lighting
- Rooftop solar
- New business models for renewable energy
If you would like to discuss future community renewable energy plans with us, please email email@example.com now.