The Net Zero Hub has been set up to address the common barriers that have stalled the development of local energy projects. Here we identify some of the key issues.
The Net Zero Hub has been set up to address the common barriers that have stalled the development of local energy projects. Here we identify some of the key issues.
Local authorities often lack the capacity or technical expertise to deliver energy projects. We can offer project management and technical support to local authorities to aid the delivery of selected energy projects.
Local energy projects may lack a solid business case or be too small to warrant the necessary investment to proceed. We can provide the technical and financial advice to develop project business cases, appraise different technology options and help secure finance from a variety of investors.
Awareness of the benefits of investing in local energy development varies widely across local authorities. Some local authorities are not fully engaged with the advantages that local energy can bring. Economic benefits can include revenue generation for the public sector and wider benefits to the local economy. Social benefits can be gained through improvement to air quality and reduced energy costs. Environmental benefits can be attained through reduced carbon emissions. The Net Zero Hub provides impartial advice to aid understanding of the opportunities and benefits of local energy projects.
Some local authorities may be keen to become involved in local energy development or move projects forward, but lack the resources to make progress. The Net Zero Hub is part of a national network of learning and knowledge sharing. We support a wide range of stakeholders who can benefit from the experience of other successful projects and already-tested business models.
