The Oxfordshire Energy Strategy sets out an ambitious framework to enable the county to be at the forefront of energy innovation to foster clean growth.
Clean energy offers communities and businesses real opportunity in Oxfordshire and the UK. The low-carbon economy has the potential to grow by 11 per cent, per year over the next decade to 2030, four times faster than the projected growth of the UK economy.
The Oxfordshire Energy Strategy will demonstrate to the UK how we can consume energy more efficiently and harness it for future generations.
The strategy can also provide the building blocks for a stand-out, low-carbon sector. It already makes a significant contribution to Oxfordshire’s economy, generating £1.15bn a year (seven per cent of Oxfordshire’s GVA). The Oxfordshire Energy Strategy can help to spearhead a further £1.35bn annually to the local economy, creating over 11,000 new jobs by 2030.
In doing so, it would also mean the county will deliver emissions reduction targets in-line with local and national expectations, meaning the strategy will play a key part in addressing climate change too.