Renewable Energy Scheme
Newbald Parish Council has secured £30,000 from Tees Valley Combined Authority to look at the feasibility of developing a local community renewable energy scheme. The scheme would seek to provide sufficient “green” electricity to bring prices down for local residents who choose to take part, with any surplus being sold to the national grid and the profits reinvested in the scheme.
The feasibility study will look at ways to store the energy locally to balance out supply/demand peaks and troughs and to take advantage of the capacity market. The focus will be a potential wind turbine, augmented with local renewable energy generation from domestic roof mounted solar panels and centralised energy storage.
A key part of the feasibility study will be community engagement and consultation so you will hear a lot more about this project very soon.