Retail & Brands
M&S strikes landmark deal to buy biomethane gas certificates
The gas is then pumped into the national grid. M&S’ deal with Future Biogas funds the production and M&S benefits from the carbon reduction through the certification scheme.
It also provides significant revenues for farmers, giving break crops a commercial route to market not previously available.
Gio Patellaro, M&S Head of Energy Supply & Risk said: “Over the past couple of years, M&S has worked tirelessly to improve its carbon efficiency and innovate in sustainability. As the first UK retailer to buy biomethane to use in this way, we are blazing a trail in the market place that we hope others will follow. With the help of Future Biogas, this deal takes us one step further in our commitment to ensure 50% of the energy used in M&S buildings comes from certified green biomethane sources by 2020.”
Since the inception of its “Plan A” programme, M&S has been a leader and innovator in supporting a renewable energy generation, including contracting directly with renewable generators under its award winning Price Guarantee Agreement structure.
Philipp Lukas, Future Biogas Managing Director said:“We are thrilled to be working with Marks & Spencer on this exciting and new venture. We look forward to supplying biomethane to M&S to help them deliver their market leading commitment to carbon reduction.”