2. What is the Low Carbon Innovation Hub?
• The Low Carbon Innovation Hub is funded by the European
Regional Development Fund therefore no initial investment is
needed from the companies that we work with.
• The project has the potential to bring significant economic
benefits to the SMEs of Merseyside, supporting businesses to
reduce emissions and develop low carbon technologies that will put
the region at the forefront of new and expanding global markets.
• LJMU has niche and unique strengths in low carbon technologies
and has a key role to play in the implementation of the low carbon
agenda across Merseyside.
3. Overview of three themes
Renewable Energy
• Resource Efficiency
• Energy from Waste and Biomass
• Sustainable Business Practices
• Sustainability Agenda
Low Carbon Technologies
•Smart Building Technologies
•Energy Management
•Carbon Finance
•Low Carbon Design and Planning
Environmental Management
and Clean Technologies
• Environmental Monitoring
• Air Pollution Control
• Waste Management
• Water/ Waste Treatment
• Facility Management
8. Flexible sensors…
O. Korostynska, A. Mason, and A. I. Al-Shamma’a, "Flexible Electromagnetic Wave Sensors for Real-Time Assessment of Water
Contaminants," in Sensing Technology: Current Status and Future Trends I. vol. 7, A. Mason, S. C. Mukhopadhyay, K. P. Jayasundera, and
N. Bhattacharyya, Eds., ed: Springer International Publishing, pp. 99-115, DOI: 10.1007/978-3-319-02318-2_6, 2014.
9. Embedded sensors
Wireless
Data transmission for
use as part of a wider
management system.
Processor
Computational power
for data processing and
analysis.
Sensors
For parameters such as
temperature, humidity,
etc.
11. - Why is this topic important?
- Business Risks
- Options for consideration
- Detail some of the financial options and implications
- Summary
Low Carbon Finance
15. Strategy Associated Risks
Rising Fuel costs – Logistics and other vehicles
New technologies & business opportunities- (new fuels)
Rising Energy costs – buildings, facilities, offices etc.
Increasing regulation & future security of supply
Regulation Uncertainty - (Price of carbon)
Reporting Accuracy (Civil penalties)
Costs of Reputational Risks
Fuel
Energy
Carbon Emissions
Brand & Reputation
Revenue
Profit
Energy
Business Risk
16. Strategy Associated Risks
Rising Fuel costs – Logistics and other vehicles
New technologies & business opportunities- (new fuels)
Rising Energy costs – buildings, facilities, offices etc.
Increasing regulation & future security of supply
Regulation Uncertainty - (Price of carbon)
Reporting Accuracy (Civil penalties)
Costs of Reputational Risks
Fuel
Energy
Carbon Emissions
Brand & Reputation
Revenue
Profit
Energy
Business Risk
21. Energy Services Companies (ESCO)
Originally heated by oil and LPG
Measures
•Energy saving lighting and pump control
•Heat saving fans and air handling units
•Renewable technology PV and biomass
•Smart meters
22. Summary
Consider how we can help you
Also consider the risks to your business
Develop an action plan to mitigate risk
Select the right solution
Assess the financial implications
Contact
Dr Stephen Finnegan
s.finnegan@ljmu.ac.uk