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Renewable Energy in the UK Strategy and Opportunities  Adam Brown Sector Champion – Renewable Energy UK Trade and Investment Florida 20 November 2008
UK Renewable Energy  Inward Investment Propositions Long term vision Supportive policy framework Financial and Fiscal Support Companies with developed technology, expertise or operating experience Companies developing new technology. Rapidly growing market World leading research capability Supportive collaborative research environment .
Topics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Recent Developments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Growth in UK Renewable Energy Generation 5X increase in New RE in 10 years
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Renewables Obligation….
ROC Values Total income = power value +ROC + other benefits = >£100/MWh = >15cents/kWh
Evolution of RO ,[object Object],[object Object],[object Object],Income up to £150/MWh Band Technologies ROC’s Technology ROC’s/MWh Landfill gas 0.25 Sewage gas,  Biomass cofiring 0.50 Onshore wind, hydro,  Cofiring energy crops, EfW with CHP 1.0 Off shore wind,  biomass 1.5 Wave, tidal,  Advanced biomass conversion (anaerobic digestion, pyrolysis, gasification), energy crops,  biomass chp,  PV, geothermal, microgeneration 2.0
On–shore wind ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Offshore Wind - UK ,[object Object],[object Object]
First Two Rounds 18 sites, 2600 MW 15 sites, 7169 MW
Off Shore Wind - Capacity ,[object Object],[object Object],[object Object],[object Object],[object Object],Kentish Flats Project 30 3MW Turbines, commissioned 2005
Offshore – Round 3 ,[object Object],[object Object],[object Object],[object Object],[object Object],£50Bn Investment Opportunity
Zone Development Process ,[object Object],[object Object],[object Object],[object Object]
R3 - Key Milestones ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
EU Targets ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
UK Renewable Energy Strategy ,[object Object],[object Object],[object Object],[object Object],[object Object]
The Challenge! ,[object Object],1.4% of UK Energy
The Challenge! ,[object Object],RE % UK Energy 2006 15% of UK Energy
Possible Technology Mix
Policy Measures  Under Consideration ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Feed-In Tariff Development ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Short Term Priorities? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
For further Information  please contact Adam Brown @ pera .com +44 7723 315441

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New Renewable Energy Strategy UK - Adam Brown

  • 1. Renewable Energy in the UK Strategy and Opportunities Adam Brown Sector Champion – Renewable Energy UK Trade and Investment Florida 20 November 2008
  • 2. UK Renewable Energy Inward Investment Propositions Long term vision Supportive policy framework Financial and Fiscal Support Companies with developed technology, expertise or operating experience Companies developing new technology. Rapidly growing market World leading research capability Supportive collaborative research environment .
  • 3.
  • 4.
  • 5. Growth in UK Renewable Energy Generation 5X increase in New RE in 10 years
  • 6.
  • 7. ROC Values Total income = power value +ROC + other benefits = >£100/MWh = >15cents/kWh
  • 8.
  • 9.
  • 10.
  • 11. First Two Rounds 18 sites, 2600 MW 15 sites, 7169 MW
  • 12.
  • 13.
  • 14.
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 21.
  • 22.
  • 23.
  • 24. For further Information please contact Adam Brown @ pera .com +44 7723 315441