Glen Earrach Energy (GEE) To Give £20m Per Year To Highland Communities
The title of this post, is the same as that of this article on the Inverness Courier.
These two paragraphs introduce the article.
The announcement is underpinned by the publication of a new developer-led research report, the first of its kind in the UK energy sector, which brings together national polling, public consultation, and direct input from communities.
The report marks a major step in the development of the fund, setting out emerging priorities, design principles and governance themes that reflect what GEE has heard to date and will help guide the next phase of engagement.
Other points from the article include.
Size And Delivery
This is said about the size and delivery of the project.
Subject to planning, the project will provide up to 34GWh of long-duration energy storage in 2030.
All these projects seem to be on course for delivery by 2030. Mr. Ed. Milliband will be pleased.
The Community Wealth Fund
This is said about the Community Wealth Fund.
The fund will be rooted in the communities that share the key water resource underpinning the scheme, with scope to contribute to wider regional projects, including contributions to a Strategic Fund for the Highlands as a whole.
“The GEE Community Wealth Fund is about more than sharing the benefits of clean energy, it is about creating long-term value for the communities who make this project possible.
As the grandmother of all pumped storage hydro in the UK; Electric Mountain, started storing energy and producing power in 1984, the Community Wealth Fund should last a few years.
No comments yet.
The Anonymous Widower 
Leave a comment