{"id":10459,"date":"2024-01-06T17:27:23","date_gmt":"2024-01-06T17:27:23","guid":{"rendered":"https:\/\/web-staging.gren.com\/uk\/?p=10459"},"modified":"2025-07-24T10:46:26","modified_gmt":"2025-07-24T10:46:26","slug":"in-2023-gren-committed-to-enter-and-invest-in-the-uk-energy-market-heres-what-will-drive-and-accelerate-our-plans-in-2024","status":"publish","type":"post","link":"https:\/\/gren.com\/uk\/news\/in-2023-gren-committed-to-enter-and-invest-in-the-uk-energy-market-heres-what-will-drive-and-accelerate-our-plans-in-2024\/","title":{"rendered":"In 2023, Gren committed to enter and invest in the UK energy market. Here\u2019s what will drive and accelerate our plans in 2024.\u00a0\u00a0"},"content":{"rendered":"<style type=\"text\/css\">.page-hero{padding:140px 0 30px;position:relative}.page-hero-content{max-width:300px}.page-hero h4,.page-hero p{font-size:16px;font-weight:400;line-height:24px}.page-hero .date{margin-top:24px;color:#fff;font-size:20px}.page-hero-video-wrap{position:absolute;top:0;left:0;width:100%;height:100%;z-index:-1;overflow:hidden}.page-hero-video{width:100%;height:100%;object-fit:cover}@media(min-width: 576px){.page-hero-content{max-width:850px}}@media(min-width: 992px){.page-hero{padding:210px 0 64px}.page-hero h4,.page-hero p{font-size:24px;line-height:30px}}\n\n\/*# sourceMappingURL=block-page-hero.min.css.map*\/<\/style><section id=\"page-hero-block_1224a198d024f80cd9008e6820049c49\" class=\"block page-hero\" style=\"background: url(https:\/\/grenweb01.blob.core.windows.net\/gren-web-prod\/sites\/7\/2024\/02\/treegren.jpeg) no-repeat center\/cover\">\n\t<div class=\"container\"  data-block-animate>\n\t\t\t\t\t<div class=\"page-hero-content text-wrap\"  data-animate-part>\n\t\t\t\t<h1><span style=\"color: #ffffff\">In 2023, Gren committed to enter and invest in the UK energy market. Here\u2019s what will drive and accelerate our plans in 2024.\u00a0\u00a0<\/span><\/h1>\n\n                <div class=\"date\">06.01.24<\/div>\t\t\t<\/div>\n\t\t\t<\/div>\n<\/section>\n\n<style type=\"text\/css\">.full-width-written-content p>a{font-weight:700}\n\n\/*# sourceMappingURL=block-full-width-written-content.min.css.map*\/<\/style><section id=\"full-width-written-content-block_451d207c0c71c1ca38322458aa8c3578\" class=\"block full-width-written-content\">\n\t<div class=\"container\" data-block-animate>\n\t\t<div class=\"text-wrap\" data-animate-part><h4><span data-contrast=\"auto\">By Mike Reynolds | <\/span>CEO, Gren Energy Ltd<\/h4>\n<p><span data-contrast=\"auto\">It\u2019s seven months since I joined Gren to lead its UK business, overseeing our entry into the UK energy market at a time of unprecedented change. The UK is expected to transform how it generates and transports energy to reach net zero emissions by 2050. Gren\u2019s dynamic and agile approach is exactly what is needed to unlock the huge potential in this market and stimulate rapid acceleration in decentralised energy and district heating, creating thousands of new jobs and driving growth across the country.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">I believe three significant moves defined our business in 2023.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">First,<\/span><\/b><span data-contrast=\"auto\"> our acquisition of a network of waste and biomass assets, which play a key role in baseload energy production and reducing waste to landfill. Gren has already invested over \u00a3100 million in the UK with sites among others in Wick, Sheffield and Nottingham.\u00a0\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Secondly<\/span><\/b><span data-contrast=\"auto\">, recruiting our dynamic, experienced and talented team. As we accelerate our presence in the UK, we are attracting \u2013 and continue to seek \u2013 exceptional people who are committed to ensuring Gren plays a key role in the energy transition.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">Thirdly,<\/span><\/b><span data-contrast=\"auto\"> in November we confirmed our plans to invest up to \u00a31 billion in district heating and local energy systems in the UK. <\/span><span data-contrast=\"auto\">We will <\/span><span data-contrast=\"auto\">acquire, scale and develop low carbon infrastructure which generates, distributes, and connects homes and businesses to secure, local energy sources.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">We\u2019ve taken time to consider the kind of business we want to be and how we want to operate. Now, as we power into 2024, here are three commitments which will inform our thinking and drive how we accelerate our plans.<\/span><\/p>\n<p><b><span data-contrast=\"auto\">1. We will focus on delivering in 10 local communities.<\/span><\/b><\/p>\n<p><span data-contrast=\"auto\">Gren recognises that energy generation is transitioning from involving a global supply chain to a more localised model. Energy users know they must increase their ability to withstand energy supply disruptions to ensure stable energy supplies. UK industry can\u2019t be floored by inadequate grid capacity. Homes, public services and businesses mustn\u2019t be impacted by illegal wars. This is why decentralised energy generation taking place closer to consumers is such an attractive solution.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">In 2024, we will work with 10 towns or communities in the UK to deliver, implement and scale, local, secure and low carbon infrastructure<\/span><\/b><span data-contrast=\"auto\"> to provide heat and power to<\/span> <span data-contrast=\"auto\">consumers, business and industry.<\/span><span data-contrast=\"auto\">\u00a0<\/span><span data-contrast=\"auto\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">2. We will address people\u2019s concerns about the cost of living.\u00a0\u00a0<\/span><\/b><\/p>\n<p><span data-contrast=\"auto\">Individuals and businesses are seeking to reduce energy expenses through more efficient and sustainable heating technologies. But to achieve this, the UK needs vast investment and incentives in place to support industry growth.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">It\u2019s a scandal that around 4 in 10 energy bill payers are struggling to afford payments, according to the <\/span><a href=\"https:\/\/www.ons.gov.uk\/economy\/inflationandpriceindices\/articles\/costoflivinginsights\/energy\"><span data-contrast=\"none\">latest data<\/span><\/a><span data-contrast=\"auto\"> from the Office of National Statistics. <\/span><span data-contrast=\"none\">T<\/span><span data-contrast=\"auto\">he same survey also revealed that just under half (48%) of adults in Great Britain are using less fuel, such as gas or electricity, in their homes because of the rising cost of living.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">In 2024, <\/span><b><span data-contrast=\"auto\">Gren will aim to deliver affordable green energy to over 200,000 homes and thousands of businesses, boosting local economies while lowering energy bills<\/span><\/b><span data-contrast=\"auto\">, increasing efficiency and driving carbon from our energy supply.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The energy systems we develop will not only be low carbon: they will be affordable. We want to be the c<\/span><span data-contrast=\"auto\">hampion of the consumer, focused on delivering value and a just transition.\u202f\u202f<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"auto\">3. We will speak truth to power (about power).<\/span><\/b><\/p>\n<p><span data-contrast=\"auto\">In 2024, countries representing half the world population will head to the polls in what\u2019s been dubbed the biggest election year in history. That\u2019s highly likely to include a general election here in the UK<\/span><span data-contrast=\"none\">. How government delivers secure, sustainable and affordable energy should be central to party manifestos and feature heavily in political debates. We want to ensure it is.\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:75,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">While we were pleased to see <\/span><span data-contrast=\"none\">the government <\/span><a href=\"https:\/\/www.gov.uk\/government\/news\/families-business-and-industry-to-get-energy-efficiency-support\"><span data-contrast=\"none\">recently reiterate<\/span><\/a><span data-contrast=\"none\"> and renew its commitment to heat networks, too often this technology feels like an afterthought \u2013 and too many voters are unaware of its impact. <\/span><span data-contrast=\"auto\">Labour has already set out <\/span><a href=\"https:\/\/labour.org.uk\/wp-content\/uploads\/2023\/10\/Mission-Climate.pdf\"><span data-contrast=\"none\">its mission<\/span><\/a><span data-contrast=\"auto\"> to make Britain a clean energy superpower. It is disappointing that a document packed with so many ideas doesn&#8217;t mention decentralised energy, heat networks or district heating.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:75,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><b><span data-contrast=\"none\">Gren is committed to creating advocacy and demand for district energy<\/span><\/b><span data-contrast=\"none\"> at a time when too many politicians are solely focused on solutions which are not yet proven and will take many years to deliver.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:75,&quot;335559740&quot;:259}\">\u00a0<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">2024 will be a pivotal year for Gren in the UK. Private sector capital will change the UK energy market, bringing funding, fast decision making and <\/span><span data-contrast=\"none\">the expertise to decarbonise heat<\/span><span data-contrast=\"auto\"> quickly and affordably. We will be in the vanguard of that change.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559685&quot;:0,&quot;335559737&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:257}\">\u00a0<\/span><\/p>\n<p><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335559685&quot;:0,&quot;335559738&quot;:0,&quot;335559739&quot;:0,&quot;335559740&quot;:259}\">\u00a0<\/span><\/p>\n<\/div>\t<\/div>\n<\/section>\n\n<section id=\"page-hero-block_c36930d39e3f855f6610d9bb9b1ec938\" class=\"block page-hero\" >\n\t<div class=\"container\"  data-block-animate>\n\t\t\t<\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10459","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>In 2023, Gren committed to enter and invest in the UK energy market. Here\u2019s what will drive and accelerate our plans in 2024.\u00a0\u00a0 - Gren Energy Ltd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gren.com\/uk\/news\/in-2023-gren-committed-to-enter-and-invest-in-the-uk-energy-market-heres-what-will-drive-and-accelerate-our-plans-in-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"In 2023, Gren committed to enter and invest in the UK energy market. 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