The Just Transition Fund aims to accelerate the development of community renewable energy schemes which are in progress and build the capacity of the community energy sector to deliver impactful renewable energy projects.
This fund is by The Ofgem Energy Industry Voluntary Redress Scheme, known as the Energy Redress Scheme.
Some of the examples of how community renewable energy projects funded by the Just Transition Fund could benefit energy consumers in vulnerable situations are:
- A community wind or solar farm that directs profits towards creating a long-term fund to address fuel poverty (e.g. funding energy advice or energy saving measures for energy consumers in vulnerable situations).
- A community renewable energy project in a deprived area, designed to involve people in vulnerable situations in project governance, enabling them to own a stake in the project and ensuring local involvement in shaping the project.