Marks & Spencer and npower have signed the UK retail sector's biggest renewable energy contract.
The six-year deal will see npower provide M&S with 2.6 TWh of renewable electricity from April 2009 - enough to ultimately power all of the retailer's stores and offices In England and Wales. M&S has now committed to purchasing enough renewable electricity to power Its entire UK portfolio of stores and offices.
Under the landmark contract, npower will supply M&S with electricity from Its portfolio of renewable sources, which Includes wind and hydro farms. Uniquely the contract also allows for a significant amount of the supply to be purchased directly from Independent small-scale generators of renewables, meaning that M&S can continue with Its pioneer-Ing drive to encourage the development of renewable electricity.
The contract Is a major step towards M&S' Plan A goal to become carbon neutral through reducing energy usage, sourclng renewable power and using offsetting only as a last resort.
From a 2006/07 baseline, M&S has already reduced Its llke-for-llke electricity consumption by over six per cent and sourced over 30 per cent of Its electricity from renewables, Including five distributed generation sites featuring wind turbines, anaerobic digestion plants and small hydro schemes.
Richard Gillies, director of Plan A at M&S, said: "Securing this contract with npower Is a major achievement for M&S. …