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Bristol seeking partner for carbon neutral target
An international search is underway as Bristol City Council seeks potential partners to help reach the city’s goal of becoming carbon neutral by 2050.
A new prospectus, City Leap, has been published highlighting a number of energy and infrastructure investment opportunities available to local, national and international businesses, hoping to attract up to £1 billion investment in Bristol’s energy infrastructure over the next decade. Of the investment opportunities, heat networks and domestic energy efficiency are both being valued at approximately £300 million, with the council keen to address fuel poverty and enable households to insulate their properties to reduce the costs of heating their homes.
Bristol City Council has delivered a wide programme of energy efficiency and investment initiatives since 2005, investing heavily in renewable energy generation and energy efficiency and meeting the 2020 corporate carbon reduction target three years early.
Kye Dudd, cabinet member for Energy and Waste, said: “Bristol is already internationally recognised as a leading energy city, but now we’re looking to take things to the next level and we need partners to join us on this journey. City Leap sets out a diverse range of opportunities which could be available for businesses and will allow us to explore possibilities which wouldn’t be open to us working alone.
“We want to use our role as local government to act as a catalyst for change. In return for partnering with us, businesses would get a chance to shape the future of the city’s energy system and unlock opportunities to gain a return on their initial investment.”
Bristol City Council is joining forces with a wide range of partners from across the city, including University of Bristol, University of the West of England (UWE), Western Power Distribution, Bristol is Open, Invest Bristol and Bath, Bristol Green Capital Partnership and Bristol Energy.
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