M&S Energy launches community energy fund

[Mark]

M&S Energy launches £400,000 fund for community energy projects:
http://www.edie.net/news/6/M-S-Energy-l ... newsletter

Marks and Spencer (M&S) Energy will offer up to £400,000 for community energy projects with the launch of the M&S Community Energy Fund today (1 July). The energy arm of the UK retailer also announced it is now supplying 100% of its electricity from renewable sources, generated from 46 hydro power stations in Scotland. The M&S Community Energy Fund will offer funding to not-for-profit organisations that want to use renewable energy for the benefit of their local community.

Winners of the funding will be shortlisted and then decided by a public vote, allowing locals to decide which project will have the greatest benefit to the area. The fund will aim to add to the 5,000 community energy groups currently active in the UK. “To mark M&S Energy’s electricity going 100% green, we want to help more communities in the UK generate renewable energy and become environmentally and financially sustainable,” said Jonathan Hazeldine, head of M&S Energy. “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.”

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[biffvernon]

On-shore wind will offer the greatest return on investment.