News

Osney Lock Hydro to take part in £40 million project to transform our energy system

We are very excited to be one of the many community energy projects across Oxfordshire that will be participating in Project LEO – Local Energy Oxfordshire.

The project has been awarded £13.8m from the UK Government Industrial Strategy Challenge Fund, managed by Innovate UK, and will be supported by £26m of private funding from the project partners. Community energy will be at the heart of this innovative project to transform Oxfordshire’s energy system.

To prevent runaway climate change we need to find a way to meet our energy needs whilst keeping fossil fuels in the ground. The drive for decarbonisation also provides us with the opportunity change the way individuals interact with our energy system, enabling people to stop being passive consumers and become active energy citizens.

Project LEO aims to show how we can meet Oxfordshire’s energy needs in a way that’s good for people and good for the planet. The three-year £40 million trial will work with individuals, communities and organisations from across the County to understand how we need to re-engineer the technology and markets that underpin our energy system to make this happen.

Through the project, the Low Carbon Hub and its project partners from the community, commercial and public sectors, will carry out real world projects and pilots across Oxfordshire.

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