SlideShare ist ein Scribd-Unternehmen logo
1 von 10
Downloaden Sie, um offline zu lesen
SOLAR POWER AND FIT
- MARKET UPDATE
Loyd Davies, MD, ElectrAssure Solar
WHY DOES THE UK NEED TO INVEST IN
RENEWABLE ENERGY?
¢   Energy security
    —     Aging UK coal fired and Magnox nuclear power
          stations forced to close in 2015 (Source: OFGEM)
¢   Climate Change
    —   1997 UK 88.1% dependent on fossil fuels
    —   2007 - UK 91.3% dependent on fossil fuels
        Source: Guardian 25th March 2009


    —   Third worst %age renewable energy use in the
        EU (Source BERR, 2005)
¢ Feed          in Tariff (FiT) introduced in April 2010
    —   Solar Power, Wind, etc
FEED IN TARIFF INCENTIVE
¢ £7-15,000   investment
¢ Return of 6-12% pa
¢ RPI Index-Linked
¢ 25 year contract
¢ Non-taxable
¢ Electricity bills reduce by 25-50%
¢ House increases by the value of your
  investment
¢ Profit ~£10,000-£35,000 over 25 years
SOLAR POWER               THE GERMAN EXAMPLE




¢   FiT scheme introduced in 2000       similar to current UK
    scheme
¢   German solar PV industry
    —   10,000 companies (SMA, Schueco etc), 63,000 jobs in 2009
NERVOUS UK SOLAR MARKET!
                    Total Installations
4000                          CSR, fears
3500                           over FiT
3000                           rates &
         Feed in               contract
2500      Tariff
       Introduced
2000
1500
                                           Total Installations
1000
 500
   0
GROWTH RESUMES.......
¢ No change to FiT, Government confirm commitment
¢ Component prices reduce by 10-15% from January

¢ Wholesale electricity prices rise by 25%

¢ 5MW solar farms planned in Kent, Bucks, Cornwall,
  Ely
¢   BUT
    government
    to restrict
    large scale
    FiT projects
USING SOLAR PV TO ADDRESS
ENERGY POVERTY




 Welwyn and Hatfield project for 400 homes
 Birmingham City Council project for 10,000 homes
 Reduce tenant s electricity bills by 30-50%
 Use Feed in Tariff to fund the PV installation
HOW DOES SOLAR POWER
WORK?
ELECTRASSURE-SOLAR

           Strong team with PV experience
           Experience of complex systems
           Premium domestic installations
           Commercial and industrial
          installations
           Quality components, local, UK, EU
          product bias

          loyd_davies@electrassure-solar.com
          www.electrassure-solar.com

Weitere ähnliche Inhalte

Was ist angesagt?

Danish Energy Policy
Danish Energy PolicyDanish Energy Policy
Danish Energy PolicyIrina Tiugan
 
What do we need power for in buildings
What do we need power for in buildingsWhat do we need power for in buildings
What do we need power for in buildingsWEST_Project
 
Reduction of CO2 Emissions - German Presentation
Reduction of CO2 Emissions - German PresentationReduction of CO2 Emissions - German Presentation
Reduction of CO2 Emissions - German Presentationmonkeyller
 
CREO 2019 power sector outlook
CREO 2019 power sector outlookCREO 2019 power sector outlook
CREO 2019 power sector outlookKaare Sandholt
 
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM WEC Italia
 
Solar Power Construction Project Engineer in NY
Solar Power Construction Project Engineer in NYSolar Power Construction Project Engineer in NY
Solar Power Construction Project Engineer in NYCalvinarnold843
 
Improving Energy Productivity through Energy Efficiency and Renewables for yo...
Improving Energy Productivity through Energy Efficiency and Renewables for yo...Improving Energy Productivity through Energy Efficiency and Renewables for yo...
Improving Energy Productivity through Energy Efficiency and Renewables for yo...EMEX
 
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...Maghrenov
 
Macroeconomic Impact of Renewable Energies in Spain
Macroeconomic Impact of Renewable Energies in SpainMacroeconomic Impact of Renewable Energies in Spain
Macroeconomic Impact of Renewable Energies in SpainAPPA Renovables
 
Egborough Power Deal of the Year
Egborough Power Deal of the Year Egborough Power Deal of the Year
Egborough Power Deal of the Year Peter Abdo
 
Moroccan solar project
Moroccan solar projectMoroccan solar project
Moroccan solar projectZakaria El
 
Supporting CCS deployment – an update from the UK Department of Energy and Cl...
Supporting CCS deployment – an update from the UK Department of Energy and Cl...Supporting CCS deployment – an update from the UK Department of Energy and Cl...
Supporting CCS deployment – an update from the UK Department of Energy and Cl...Global CCS Institute
 
Climate proofing the renewable electricity deployment in Europe - introducing...
Climate proofing the renewable electricity deployment in Europe - introducing...Climate proofing the renewable electricity deployment in Europe - introducing...
Climate proofing the renewable electricity deployment in Europe - introducing...IEA-ETSAP
 
Bi-directional linkage of TIMES-Norway and a power system model
Bi-directional linkage of TIMES-Norway and a power system modelBi-directional linkage of TIMES-Norway and a power system model
Bi-directional linkage of TIMES-Norway and a power system modelIEA-ETSAP
 
Wind power trade competency 2011
Wind power trade competency 2011Wind power trade competency 2011
Wind power trade competency 2011Frank Emil Moen
 
CSP Today Parabolic Trough report 2014 - Infographic
CSP Today Parabolic Trough report 2014 - InfographicCSP Today Parabolic Trough report 2014 - Infographic
CSP Today Parabolic Trough report 2014 - InfographicDavid Williams
 
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...The Business Council of Mongolia
 

Was ist angesagt? (20)

Managing carbon price risk
Managing carbon price riskManaging carbon price risk
Managing carbon price risk
 
Danish Energy Policy
Danish Energy PolicyDanish Energy Policy
Danish Energy Policy
 
What do we need power for in buildings
What do we need power for in buildingsWhat do we need power for in buildings
What do we need power for in buildings
 
Reduction of CO2 Emissions - German Presentation
Reduction of CO2 Emissions - German PresentationReduction of CO2 Emissions - German Presentation
Reduction of CO2 Emissions - German Presentation
 
CREO 2019 power sector outlook
CREO 2019 power sector outlookCREO 2019 power sector outlook
CREO 2019 power sector outlook
 
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM
Giuseppina Squicciarini, Head of Electricity Policy Wholesale Market, OFGEM
 
Solar Power Construction Project Engineer in NY
Solar Power Construction Project Engineer in NYSolar Power Construction Project Engineer in NY
Solar Power Construction Project Engineer in NY
 
Improving Energy Productivity through Energy Efficiency and Renewables for yo...
Improving Energy Productivity through Energy Efficiency and Renewables for yo...Improving Energy Productivity through Energy Efficiency and Renewables for yo...
Improving Energy Productivity through Energy Efficiency and Renewables for yo...
 
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...
Moroccan MINISTRY OF ENERGY, MINES, WATER AND ENVIRONMENT: Maroccan energy co...
 
Macroeconomic Impact of Renewable Energies in Spain
Macroeconomic Impact of Renewable Energies in SpainMacroeconomic Impact of Renewable Energies in Spain
Macroeconomic Impact of Renewable Energies in Spain
 
Egborough Power Deal of the Year
Egborough Power Deal of the Year Egborough Power Deal of the Year
Egborough Power Deal of the Year
 
Moroccan solar project
Moroccan solar projectMoroccan solar project
Moroccan solar project
 
Supporting CCS deployment – an update from the UK Department of Energy and Cl...
Supporting CCS deployment – an update from the UK Department of Energy and Cl...Supporting CCS deployment – an update from the UK Department of Energy and Cl...
Supporting CCS deployment – an update from the UK Department of Energy and Cl...
 
Sei ipcc seminarrium
Sei  ipcc seminarriumSei  ipcc seminarrium
Sei ipcc seminarrium
 
Climate proofing the renewable electricity deployment in Europe - introducing...
Climate proofing the renewable electricity deployment in Europe - introducing...Climate proofing the renewable electricity deployment in Europe - introducing...
Climate proofing the renewable electricity deployment in Europe - introducing...
 
Proyectos de Energías Renovables en Marruecos
Proyectos de Energías Renovables en MarruecosProyectos de Energías Renovables en Marruecos
Proyectos de Energías Renovables en Marruecos
 
Bi-directional linkage of TIMES-Norway and a power system model
Bi-directional linkage of TIMES-Norway and a power system modelBi-directional linkage of TIMES-Norway and a power system model
Bi-directional linkage of TIMES-Norway and a power system model
 
Wind power trade competency 2011
Wind power trade competency 2011Wind power trade competency 2011
Wind power trade competency 2011
 
CSP Today Parabolic Trough report 2014 - Infographic
CSP Today Parabolic Trough report 2014 - InfographicCSP Today Parabolic Trough report 2014 - Infographic
CSP Today Parabolic Trough report 2014 - Infographic
 
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...
Presentation by Benoit Ribesse, CEO of Engie Mongolia, on “Future Summit Tren...
 

Andere mochten auch

Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)
Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)
Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)Farming Futures
 
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)Farming Futures
 
Communities And Renewable Energy in UK
Communities And Renewable Energy in UKCommunities And Renewable Energy in UK
Communities And Renewable Energy in UKAlejo Etchart Ortiz
 
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)Farming Futures
 
AgroNomics vision 2014 - On Farm Energy Independence
AgroNomics vision 2014 - On Farm Energy IndependenceAgroNomics vision 2014 - On Farm Energy Independence
AgroNomics vision 2014 - On Farm Energy IndependenceTom Millhoff
 
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...Farming Futures
 
The Future of UK Solar: An Installer's Perspective
The Future of UK Solar: An Installer's PerspectiveThe Future of UK Solar: An Installer's Perspective
The Future of UK Solar: An Installer's PerspectiveHenry Owen
 
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder Farmers
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder FarmersHyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder Farmers
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder FarmersSmart Villages
 
Renewables Press Article
Renewables Press ArticleRenewables Press Article
Renewables Press ArticleBen Davies
 
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)Farming Futures
 
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)Farming Futures
 
20121016 sev1 aee_parish-presentation_mio-awi-pptx
20121016 sev1 aee_parish-presentation_mio-awi-pptx20121016 sev1 aee_parish-presentation_mio-awi-pptx
20121016 sev1 aee_parish-presentation_mio-awi-pptxDonald Jones
 
Attracting and Maintaining Institutional Investment: Solar PV
Attracting and Maintaining Institutional Investment: Solar PVAttracting and Maintaining Institutional Investment: Solar PV
Attracting and Maintaining Institutional Investment: Solar PVEversheds Sutherland
 
Marius Soare Project Portfolio Solar Farms
Marius Soare Project  Portfolio Solar FarmsMarius Soare Project  Portfolio Solar Farms
Marius Soare Project Portfolio Solar FarmsMarius Soare
 
Dan Stone, Centre for Sustainable Energy - Renewable Energy
Dan Stone, Centre for Sustainable Energy - Renewable EnergyDan Stone, Centre for Sustainable Energy - Renewable Energy
Dan Stone, Centre for Sustainable Energy - Renewable EnergyPAS_Team
 
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...Farming Futures
 

Andere mochten auch (20)

Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)
Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)
Farm Renewable Energy Schemes: Planning Issues - Stephen Rice (Fisher German)
 
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)
AD for profitable farming & environmental gain - Dr Jonathan Scurlock (NFU)
 
Co-operatives UK
Co-operatives UKCo-operatives UK
Co-operatives UK
 
Communities And Renewable Energy in UK
Communities And Renewable Energy in UKCommunities And Renewable Energy in UK
Communities And Renewable Energy in UK
 
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)
Feed-In Tariffs - Making sunlight a cash crop - Philip Wolfe (Ownenergy)
 
AgroNomics vision 2014 - On Farm Energy Independence
AgroNomics vision 2014 - On Farm Energy IndependenceAgroNomics vision 2014 - On Farm Energy Independence
AgroNomics vision 2014 - On Farm Energy Independence
 
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...
Renewable Energy Grant Funding Available for Farmers and Land Managers - Jona...
 
The Future of UK Solar: An Installer's Perspective
The Future of UK Solar: An Installer's PerspectiveThe Future of UK Solar: An Installer's Perspective
The Future of UK Solar: An Installer's Perspective
 
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder Farmers
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder FarmersHyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder Farmers
Hyderabad | Sep-16 | SAFE Network – An Initiative to support Smallholder Farmers
 
Renewables Press Article
Renewables Press ArticleRenewables Press Article
Renewables Press Article
 
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)
Introduction to Farm Renewables - Paul Holmes-Ling (Laurence Gould Partnership)
 
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)
Solar PV in Agriculture: on your roofs and in your fields? Paul Cottington (NFU)
 
20121016 sev1 aee_parish-presentation_mio-awi-pptx
20121016 sev1 aee_parish-presentation_mio-awi-pptx20121016 sev1 aee_parish-presentation_mio-awi-pptx
20121016 sev1 aee_parish-presentation_mio-awi-pptx
 
Attracting and Maintaining Institutional Investment: Solar PV
Attracting and Maintaining Institutional Investment: Solar PVAttracting and Maintaining Institutional Investment: Solar PV
Attracting and Maintaining Institutional Investment: Solar PV
 
Three in One Oct 2011
Three in One Oct 2011Three in One Oct 2011
Three in One Oct 2011
 
Lark Solar Energy
Lark Solar EnergyLark Solar Energy
Lark Solar Energy
 
юлія
юліяюлія
юлія
 
Marius Soare Project Portfolio Solar Farms
Marius Soare Project  Portfolio Solar FarmsMarius Soare Project  Portfolio Solar Farms
Marius Soare Project Portfolio Solar Farms
 
Dan Stone, Centre for Sustainable Energy - Renewable Energy
Dan Stone, Centre for Sustainable Energy - Renewable EnergyDan Stone, Centre for Sustainable Energy - Renewable Energy
Dan Stone, Centre for Sustainable Energy - Renewable Energy
 
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...
Cows and sheep produce meat, milk, wool, leather....oh and methane! - Dr Dunc...
 

Ähnlich wie Solar Power Market Update

Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011
Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011
Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011Blake Morgan
 
Ideagen May 25 Wind Energy and Assoc Sub Sectors
Ideagen May 25 Wind Energy and Assoc Sub SectorsIdeagen May 25 Wind Energy and Assoc Sub Sectors
Ideagen May 25 Wind Energy and Assoc Sub Sectorsthreesixty
 
IBM Wind Power Point of View
IBM Wind Power Point of ViewIBM Wind Power Point of View
IBM Wind Power Point of Viewbenhanley77
 
Climate Change Mitigation & Adaptation
Climate Change  Mitigation & AdaptationClimate Change  Mitigation & Adaptation
Climate Change Mitigation & AdaptationLaurence Mills
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpoDamian Connon
 
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of Savills
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of SavillsBlake Lapthorn green breakfast with Gregory Dix, Associate Director of Savills
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of SavillsBlake Morgan
 
Solar pv experience, challenges and opportunities EST
Solar pv experience, challenges and opportunities ESTSolar pv experience, challenges and opportunities EST
Solar pv experience, challenges and opportunities ESTAndres Meesak
 
The inevitable downfall of the Belgian electrical industry?
The inevitable downfall of the Belgian electrical industry?The inevitable downfall of the Belgian electrical industry?
The inevitable downfall of the Belgian electrical industry?Université de Liège (ULg)
 
Renewables and green energy
Renewables and green energyRenewables and green energy
Renewables and green energyliammacuaid
 
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18fundingrenewables
 
Small Wind Big Future Iskra/Evance
Small Wind Big Future Iskra/EvanceSmall Wind Big Future Iskra/Evance
Small Wind Big Future Iskra/EvanceIskraWindTurbines
 
Nuclear Policy in the UK
Nuclear Policy in the UKNuclear Policy in the UK
Nuclear Policy in the UKYannick Perez
 

Ähnlich wie Solar Power Market Update (20)

Presentación Carbon Masters- Foro Energético
Presentación Carbon Masters- Foro EnergéticoPresentación Carbon Masters- Foro Energético
Presentación Carbon Masters- Foro Energético
 
Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011
Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011
Carter Jonas presentation for Blake Lapthorn green breakfast on 4 May 2011
 
Boost your marketing strategy - Green Energy futures
Boost your marketing strategy - Green Energy futuresBoost your marketing strategy - Green Energy futures
Boost your marketing strategy - Green Energy futures
 
Ideagen May 25 Wind Energy and Assoc Sub Sectors
Ideagen May 25 Wind Energy and Assoc Sub SectorsIdeagen May 25 Wind Energy and Assoc Sub Sectors
Ideagen May 25 Wind Energy and Assoc Sub Sectors
 
IBM Wind Power Point of View
IBM Wind Power Point of ViewIBM Wind Power Point of View
IBM Wind Power Point of View
 
Chris Goodall
Chris GoodallChris Goodall
Chris Goodall
 
Climate Change Mitigation & Adaptation
Climate Change  Mitigation & AdaptationClimate Change  Mitigation & Adaptation
Climate Change Mitigation & Adaptation
 
Brian britton greenexpo
Brian britton greenexpoBrian britton greenexpo
Brian britton greenexpo
 
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of Savills
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of SavillsBlake Lapthorn green breakfast with Gregory Dix, Associate Director of Savills
Blake Lapthorn green breakfast with Gregory Dix, Associate Director of Savills
 
The UK’s Energy Policy
The UK’s Energy PolicyThe UK’s Energy Policy
The UK’s Energy Policy
 
Solar pv experience, challenges and opportunities EST
Solar pv experience, challenges and opportunities ESTSolar pv experience, challenges and opportunities EST
Solar pv experience, challenges and opportunities EST
 
Alex lockton th white
Alex lockton   th whiteAlex lockton   th white
Alex lockton th white
 
GreenBuild Seminar
GreenBuild SeminarGreenBuild Seminar
GreenBuild Seminar
 
The inevitable downfall of the Belgian electrical industry?
The inevitable downfall of the Belgian electrical industry?The inevitable downfall of the Belgian electrical industry?
The inevitable downfall of the Belgian electrical industry?
 
Oswestry Energy Fair - Dunford
Oswestry Energy Fair - DunfordOswestry Energy Fair - Dunford
Oswestry Energy Fair - Dunford
 
Renewables and green energy
Renewables and green energyRenewables and green energy
Renewables and green energy
 
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
Slide 13 Veijo Huusko Vattenfall Invest In Renewables V Sent May 18
 
Vision 2050
Vision 2050Vision 2050
Vision 2050
 
Small Wind Big Future Iskra/Evance
Small Wind Big Future Iskra/EvanceSmall Wind Big Future Iskra/Evance
Small Wind Big Future Iskra/Evance
 
Nuclear Policy in the UK
Nuclear Policy in the UKNuclear Policy in the UK
Nuclear Policy in the UK
 

Solar Power Market Update

  • 1. SOLAR POWER AND FIT - MARKET UPDATE Loyd Davies, MD, ElectrAssure Solar
  • 2. WHY DOES THE UK NEED TO INVEST IN RENEWABLE ENERGY? ¢ Energy security — Aging UK coal fired and Magnox nuclear power stations forced to close in 2015 (Source: OFGEM) ¢ Climate Change — 1997 UK 88.1% dependent on fossil fuels — 2007 - UK 91.3% dependent on fossil fuels Source: Guardian 25th March 2009 — Third worst %age renewable energy use in the EU (Source BERR, 2005) ¢ Feed in Tariff (FiT) introduced in April 2010 — Solar Power, Wind, etc
  • 3. FEED IN TARIFF INCENTIVE ¢ £7-15,000 investment ¢ Return of 6-12% pa ¢ RPI Index-Linked ¢ 25 year contract ¢ Non-taxable ¢ Electricity bills reduce by 25-50% ¢ House increases by the value of your investment ¢ Profit ~£10,000-£35,000 over 25 years
  • 4. SOLAR POWER THE GERMAN EXAMPLE ¢ FiT scheme introduced in 2000 similar to current UK scheme ¢ German solar PV industry — 10,000 companies (SMA, Schueco etc), 63,000 jobs in 2009
  • 5.
  • 6. NERVOUS UK SOLAR MARKET! Total Installations 4000 CSR, fears 3500 over FiT 3000 rates & Feed in contract 2500 Tariff Introduced 2000 1500 Total Installations 1000 500 0
  • 7. GROWTH RESUMES....... ¢ No change to FiT, Government confirm commitment ¢ Component prices reduce by 10-15% from January ¢ Wholesale electricity prices rise by 25% ¢ 5MW solar farms planned in Kent, Bucks, Cornwall, Ely ¢ BUT government to restrict large scale FiT projects
  • 8. USING SOLAR PV TO ADDRESS ENERGY POVERTY Welwyn and Hatfield project for 400 homes Birmingham City Council project for 10,000 homes Reduce tenant s electricity bills by 30-50% Use Feed in Tariff to fund the PV installation
  • 9. HOW DOES SOLAR POWER WORK?
  • 10. ELECTRASSURE-SOLAR Strong team with PV experience Experience of complex systems Premium domestic installations Commercial and industrial installations Quality components, local, UK, EU product bias loyd_davies@electrassure-solar.com www.electrassure-solar.com