Posted by: Windfair Editors
Measuring social and economic impacts of Beatrice Offshore Wind Farm
Image: SSEOfficial Press Release SSE:
Beatrice offshore wind farm expected to make a big splash
New research into the benefits of the Beatrice Offshore Windfarm Ltd (BOWL) shows the social and economic impact the project is expected to deliver.
This research saw SSE, and its BOWL project partners, carry out a social return on investment (SROI) assessment for the first time thanks to analysis by NEF Consulting. The SROI research found that for every £1 invested in community projects, £3.21 will be created in value for the community. The £6m Beatrice fund, which supports the advancement of community projects in the Highland and Moray regions, could create nearly £20m of social value when fully distributed. In total, Beatrice provides £34m for community projects. The £6m Beatrice fund is managed by SSE’s Community... ... More: Official Press Release SSE
- Keywords:
- SSE, research, Beatrice Offshore Wind Farm, UK, community funds
