In Cambridgeshire the County Council has the opportunity to develop local energy infrastructure and to secure local energy supplies. This helps the region to cushion itself from rising energy prices, contribute towards carbon reduction targets, support the local economy and generate new jobs.
The council recognises that the cost of energy to run businesses and provide services for residents is a growing concern and affects the local economy.
Traditional energy supplies of oil, gas and electricity are becoming increasingly less secure and more expensive. Rising energy costs are due to global demand and this is creating competition to secure affordable energy from abroad.
Currently the UK depends on the global energy market for approximately 40% of its gas and oil and this dependence is growing. Old UK nuclear power stations are being decommissioned and coal power stations shutting in the next couple of years before suitable alternatives and new nuclear programmes are in place.
Mobilising Local Energy Investment (MLEI) is an ambitious project with the aim of attracting more energy investment and infrastructure delivery into Cambridgeshire.
Find out more at https://www.mlei.co.uk/.