A group of 20 UK universities has agreed a £50m ( $62m ) 10-year power purchase agreement (PPA) to buy renewable energy directly from windfarms across Scotland and Exeter . The landmark deal is the first in which public sector entities have partnered to collectively purchase clean energy. The Squeaky Clean Energy was arranged by brokers at The Energy Consortium and Squeaky Clean Energy and will fix the price of the energy over 2008 . “To support this commitment we aim to source all of our electricity from zero carbon sources by 2025, and this power purchase agreement makes a significant contribution towards this goal whilst delivering financial savings and budget stability,” he added. Norway ’s Statkraft , which owns the windfarms, will guarantee energy provision. Institutions involved in the agreement include Norwegian , Anglia Ruskin , Exeter and Newcastle universities.
A group of 20 UK universities has agreed a £50m ( $62m ) 10-year power purchase agreement (PPA) to buy renewable energy directly from windfarms across Scotland and Exeter . The landmark deal is the first in which public sector entities have partnered to collectively purchase clean energy. The Squeaky Clean Energy was arranged by brokers at The Energy Consortium and Squeaky Clean Energy and will fix the price of the energy over 2008 . Norway ’s Statkraft , which owns the windfarms, will guarantee energy provision. Institutions involved in the agreement include Norwegian , Anglia Ruskin , Exeter and Newcastle universities.