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Whilst we hope you all had a good Christmas and a Happy New Year, we donāt think there will be many of us who will be sorry to see the back of 2020. It does also seem likely there are still some tough times ahead before we truly see the light at the end of the tunnel. But letās focus on the positive and look back at what we can be optimistic about. Apart from the obvious arrival of the long awaited Covid-19 vaccine there are environmental success stories and initiatives to celebrate. The āgreen recoveryā and associated reforms to recover prosperity after Coronavirus should give us hope. There is good news from the UK energy networks as they get the go-ahead to invest in the green revolution (see The Guardian article below). Jonathan Brearley, Ofgem chief executive said, āour Ā£40bn package massively boosts clean energy investment. This will ensure that our network companies can deliver on the climate change ambitions laid out by the prime minister last week, whilst maintaining world-leading levels of reliability.ā Unfortunately, it isnāt clear that this could benefit Storelectric, as it relates to ātheir energy network investmentsā and they have not stated that, their legal ban from investing in storage will be relaxed. For more information see the Ofgem press release below, which gives full details of the spending package. The Edie article: Net-zero, targets, virtual climate events and green recovery debates: The sustainability stories of 2020, gives a pretty good summary of the year.Ā Ā Ā
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Nick has been involved in the environmental sector since 2007 and has so far been involved with over 50 environmental projects from Municipal Solid Waste Composting in India, to 1500 MW Hydroelectric projects in Ecuador and the pre-construction development of over 260MW of solar sites in Mexico.
Overall, the projects Nick has been involved in have created on-going emission reductions over 9 Million tons of CO2e per annum. Nick holds an Executive MBA from CASS University and an undergraduate degree in Business in Science. Nick founded 350 PPM Ltd, the environmental private equity house in 2015, with Tim Hyett (FCISI).