2OC

2OC was founded in 2004 with the goal to reverse the damage being done to the climate by CO2 - hence the name. It's a small team which has stayed together. In 2007 the company signed a £400m+ Joint Venture with National Grid plc (NG) called Blue-NG to build up to 8 renewable power plants on NG's large gas Pressure Reduction Stations. 2OC owns the I... P on what is recognised as the world's most efficient generation plant run on renewable fuels and making use of otherwise wasted heat, in a Combined Heat and Power (CHP) unit. Sadly, the EU's Third Energy Package legislation which came into force in 2009, prevented NG from being involved in any generation (its business is energy transmission and distribution) and 2OC was forced to seek new funding to progress. Despite this being at the height of the credit crunch, 2OC secured both the debt and equity needed to develop its first plant at Beckton, which goes online in Q4 2015. 2OC is proud to have Lord Oxburgh, the former Chairman of Shell and an acknowledged and hugely respected global leader in sustainability and energy efficiency as its Chairman.Read More