Glasgow City Council is proposing to create a "green" energy company in a move to tackle fuel poverty, cut carbon emissions and create new jobs. Officers are investigating various models for the creation of a proposed Glasgow Energy Services Company .
The EU tender Prior Information Notice can be found here.
The proposed new energy company has the potential to be one of the biggest in Europe. It could be set up in partnership with the private sector and could oversee a range of renewable energy initiatives across the city. Its contacts, expertise and financial clout would be used to help attract funding for new community based energy projects and also it would also assist in the city's future economic growth and skills development.
The council could generate energy, use some to power street lights and council buildings like sports centres, offices and libraries and sell some back to the Grid. Profits from this sale could then be used to tackle fuel poverty by fostering community-owned renewable energy projects or paying vulnerable citizens affordable warmth dividends to offset their fuel bills.