What is Coventry's Strategic Energy Partnership (SEP)?
Coventry City Council has joined forces with E.ON to launch a pioneering 15-year partnership. The partnership will transform the city’s approach to carbon reduction whilst helping people save money and boost the local economy. E.ON has become the city’s new Strategic Energy Partner, a private sector partner who is willing to invest time, resources, expertise and capital to build a cleaner and more sustainable city and drive a new green economy that will bring jobs and skills to the city.
The partnership is believed to be a first for the UK and will see our organisations collaborate on revolutionising energy use in the city for the benefit of local communities and the wider economy. It will enable long-term and sustainable infrastructure planning – investing and supporting the route to net zero – innovative energy generation and security, sustainable transport, decarbonisation of buildings and homes.
Social Value is embedded in the SEP and will address the needs of the city, providing real place-based benefits that are meaningful, appropriate and proportionate. Each project that the SEP implements will have a social value action plan, to ensure that local people, communities and businesses benefit - increasing economic prosperity, improving outcomes and tackling inequalities.
The Council and E.ON will work together to develop ideas and projects for the benefit of Coventry residents and develop a strategic plan aligned to all five priorities of our One Coventry Plan and will tackle climate change initiatives.
The key benefits of the SEP will address environmental, social and economic issues:
Environmental
- Citywide strategic decarbonised energy plan for the city
- Circular economy approach to projects
- Behavioural change approaches to energy usage
Social
- Working with and empowering local communities
- Active travel - improving health outcomes
- Energy cost reductions - tackling fuel poverty and business costs
- Job creation and employment opportunities
Economic
- New energy infrastructure delivered at a low cost to the Council
- Significant additional resource in Coventry to achieve outcomes
- Shared commercial returns will be reinvested for social benefit