What's Happening?
John Wainwright & Co. Ltd, a family-owned quarrying and construction materials business, has partnered with Wattstor to install a 2MW solar PV array and a 5MWh battery storage system at its Moons Hill quarry in Stoke St Michael. This initiative aims to power
the site using renewable sources, reduce energy costs, and cut Scope 2 emissions by 50%. The project is part of Wainwright's long-term expansion plans and sustainability agenda, providing protection from future energy price volatility. The Price Protect tariff will offer long-term price certainty, allowing the business to benefit from lower market prices and shift energy demand to reduce costs.
Why It's Important?
The investment in renewable energy by John Wainwright & Co. Ltd highlights the growing trend among energy-intensive industries to decarbonize and manage electricity price volatility. By reducing reliance on fossil fuels, the company is enhancing its sustainability credentials and business resilience. This move not only supports environmental goals but also provides a competitive advantage in the industry, as customers increasingly prefer suppliers with strong environmental commitments. The project demonstrates how integrated onsite energy systems can play a crucial role in long-term energy strategy, offering both economic and environmental benefits.
What's Next?
The successful implementation of the solar and battery storage system at Moons Hill quarry could pave the way for further renewable energy projects within the company. As energy markets continue to evolve, Wainwright may explore additional opportunities to expand its renewable energy capacity, potentially increasing its use of onsite renewables. The company will likely continue to monitor market conditions and adjust its energy strategy to maximize benefits from the Price Protect tariff and other sustainability initiatives.
