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"Overview of Renewable Technologies" Laurie Tennant, Engenius






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"Overview of Renewable Technologies" Laurie Tennant, Engenius "Overview of Renewable Technologies" Laurie Tennant, Engenius Presentation Transcript

  • Profit from Renewable Energy Sustainable Business Network Chewton Glen Hotel, 20 January 2011 Laurie Tennant, Engenius Limited
  • Feed-in Tariff
    • Since 01 April 2010 it has been possible to achieve good returns on investment in generation of electricity from renewable resources, thanks to Feed-in Tariffs which started on that date.
    • Qualifying Technologies:
      • Wind
      • Solar-electric
      • Hydro-electric
      • Biomass for electricity production
      • Anaerobic Digestion for electricity production
      • CHP and micro-CHP (the electricity content of Combined Heat and Power) – including NG-fuelled
    • Non-qualifying Technologies:
      • Tidal
      • Wave
      • Anything else eg landfill & sewage gas for generation, fuel cells
  • 5kW Wind Turbine View slide
  • Solar-electric (PV) on school building View slide
  • Anaerobic Digester
  • Micro-Hydro Turbine
  • The Feed-in Tariff for electricity
  • The Renewable Heat Incentive
    • On 01 June 2011 HMG will introduce a similar scheme in respect of renewably-generated heat energy, called the Renewable Heat Incentive . Details are not yet known but qualifying technologies are expected to include:
      • Bio-mass for heat generation
      • Bio-fuels (for heat generation; probably not for traction)
      • Anaerobic Digestion (gas for on-site heating and export as bio-methane to the gas grid)
      • Ground- and Air-source Heat Pumps
      • Solar-thermal
      • CHP and micro-CHP (the heat content of Combined Heat and Power)
    • In almost every case the appropriate technology will be dictated by local conditions (site, environment, commercial, ethical).
  • Air-source Heat Pump photo courtesy Mitsubishi Electric Co
  • Solar-thermal photo courtesy New Homes directory  
  • Ground-source Heat Pump photo courtesy Eco House Agent  
  • The Renewable Heat Incentive
  • Funding Grants for not-for-profit may be available through funds such as CSEP and electricity companies, but LCBP funds will cease when the relevant tariffs come into effect, or before if funding is exhausted. For farmers, see: www.seeda.co.uk/rdpe Soft loans are available in some circumstances from Carbon Trust; private financiers have also entered the market eg Triodos Bank and Bridgegreen . Commercial loans will be secured on revenue streams arising from the tariffs. Many mortgage lenders are happy to add the cost of microgeneration equipment to the loan. Enhanced Capital Allowances do not apply unless equipment is on the ECA list – electricity generation isn’t at present: http://www.eca.gov.uk/    
  • Two Examples
  • Tomorrow’s Energy Price?