Bristol Energy

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Bristol Energy is a municipally owned energy company founded in 2015 by Bristol City Council. The company serves customers across the United Kingdom. By 2019, 79% of its energy supply was generated from renewable sources.[1]

In December 2018, CEO Peter Haigh stood down and was replaced by interim CEO Marek Majewicz.[2] In January 2019, Bristol Energy announced it had received a €1.9m grant from the European Investment Bank and the European Commission to fund renewable energy, in partnership with Plymouth City Council.[3]

The company had been set up with public funding of £27 million and was expected to turn profitable by 2021.[4] As of 2018 it had 76,000 customers.[5]

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References[edit]

  1. ^ "Our Social Impact 2018–2019". Retrieved 6 August 2019.
  2. ^ Wilson, Kate (20 December 2018). "Managing director of loss-making Bristol Energy leaves". Bristol Post. Retrieved 7 August 2019.
  3. ^ Bristol to launch ‘new wave’ of South West clean energy projects with European funding (14 January 2019) Solar Power Portal.
  4. ^ "Council invests £27m in energy company". BBC News: Bristol. 3 August 2018. Retrieved 3 February 2019.
  5. ^ "Council-owned energy firm's value drops". BBC News: Bristol. 7 September 2018. Retrieved 3 February 2019.

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