A consortium of 20 UK universities just announced a GBP 50 million collaborative clean energy deal to power their institutions over the next decade. The deal purchases energy from wind farms across Scotland and Wales and is known as a “power purchase agreement” or PPA. This is the first time for not only universities but any UK public sector energy users to use their buying power to purchase clean electricity as a group, gaining access to the power purchase market. The deal was made possible by Squeky Clean Energy group which specilises in bypassing utility companies to offer financially viable, 100% renewable energy supply.
