338 West Suffolk Community Energy Plan - Investing in New Opportunities PDF 444 KB
Report No: CAB/FH/17/036
Portfolio Holder: Lance Stanbury Lead Officer: Peter Gudde
Decision:
RESOLVED:
That, following the continued success of the Council’s policy to invest and support sustainable energy solutions under the West Suffolk Community Energy Plan, the existing delegations be extended, so that the Service Manager (Environmental Health), in consultation with the Portfolio Holder for Planning and Growth, be allowed to authorise the current nominated capital allocation to be spent on any energy-related investment opportunities, where they are in line with the Council’s agreed financial returns and strategic objectives.
Minutes:
(Report No: CAB/FH/17/036)
Councillor Lance Stanbury, Portfolio Holder for Planning and Growth, presented this report which explained that since 2016, the opportunities to invest in energy-saving and generating technologies had continued to grow. Therefore, it was being proposed that the existing approved Officer/Member delegations be extended to authorise the current nominated capital allocation to be spent on any energy-related investment opportunities, where they were in line with the Council’s agreed financial returns and strategic objectives. This would, therefore, allow investment in new technologies as they became commercially attractive.
By extending the scope of already allocated capital investment, the Council would be able to build upon the successes of its shared policy of encouraging sustainable energy solutions and, in particular, the West Suffolk Community Energy Plan.
With the vote being unanimous, it was
RESOLVED:
That, following the continued success of the Council’s policy to invest and support sustainable energy solutions under the West Suffolk Community Energy Plan, the existing delegations be extended, so that the Service Manager (Environmental Health), in consultation with the Portfolio Holder for Planning and Growth, be allowed to authorise the current nominated capital allocation to be spent on any energy-related investment opportunities, where they are in line with the Council’s agreed financial returns and strategic objectives.