Financing Local Energy

To make the transition to Net Zero a reality, local leaders need access to public and private finance. In our case, that means advocating for local clean energy partnerships to ensure that communities are able to fund a better future.

To tackle global warming, changing the way we power our society has to change.

As a result of research into the experiences of our members, we recommend that national government creates local clean energy partnerships. Our report into how that would help the development of local integrated clean energy projects helped build the case for the Local Energy Hubs that now exist across England.

Sheep and solar panels

Accelerating the rate of investment in local energy projects

Responding to a demand for more conversation that emerged from our National Conference in Leeds, we ran an ambitious green finance workshop programme in five regions across the country in 2019: the Greater South East, Midlands, North East, Yorkshire and Humber, North West and South West.

Each gathering brought together expertise from across the energy sector, policy experts, engineers, local leaders, developers and financiers, to hear and discuss barriers to unlocking place-based green investment.

Thanks to help from BEIS, the local energy hubs and our sponsors, we were able to tap into a wealth of regional insight that we compiled into a report with a set of actionable recommendations for the UK Government - including the proposal for a Net Zero Development Bank.

We launched the report in July 2020 and hosted a webinar with the following speakers:

  • The Rt Hon Kwasi Kwarteng MP, Minister of State at the Department of Business, Energy and Industrial Strategy
  • Polly Billington, Director, UK100
  • Carl Ennis, CEO GB&I, Siemens
  • Emma Harvey, Programme Director, Green Finance Institute
  • Councillor Lisa Mulherin, Leeds City Council

Read our summary report and main report.

Click here to learn about our overarching Green Finance campaign.