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Generating Energy From Wind. Understanding the challenges, implementation & funding

Generating Energy From Wind. Understanding the challenges, implementation & funding. Understanding Wind : 1 . Financial Drivers: Incentives, Savings, Export, Energy Security, Returns, Sweating Assets, Risk Costs 2 . Politics: Commitments, Constraints, Media, Planning

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Generating Energy From Wind. Understanding the challenges, implementation & funding

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  1. Generating Energy From Wind. Understanding the challenges, implementation & funding Understanding Wind: 1.Financial Drivers: Incentives, Savings, Export, Energy Security, Returns, Sweating Assets, Risk Costs 2. Politics: Commitments, Constraints, Media, Planning 3.Marketing: Visibility, Commitment, Supply Chain 4.Technology: Types, Differentiators, Scale, Wind Class 5. Making it work… for you…. 6. Funding

  2. Generating Energy From Wind. Understanding the challenges, implementation & funding Financial drivers: 1.Generation incentive; FIT rates 1/4/14-30/3/15

  3. Generating Energy From Wind. Understanding the challenges, implementation & funding Financial drivers: 2. Savings; Any energy generated by on site, embedded generation is yours to use at no cost. Sizing the generator to match your requirements will deliver the best returns, saved energy is worth more than energy generated for export. Appropriate sizing will limit connection costs. 3.Export; The export rate is 4.77 pence/kWh but this can be improved by way of Power Purchase Agreement (PPA) 4.Energy Security; There is a consensus between those that forecast the future cost of electricity – year on year increases. The energy generated by your WTG is fixed, hedging against future hikes.

  4. Generating Energy From Wind. Understanding the challenges, implementation & funding Financial drivers: 5. Rate of return; comparison vs PV; What does your money get you. Take a £287,000 investment on a “typical site” 6.25m/s at 25M, using current FITs, a demand of 250,000 kWh evenly used 18hs/5days. 12p/kWh

  5. Generating Energy From Wind. Understanding the challenges, implementation & funding Financial drivers: 6. Increasing asset value. To the business. The value of a consented site the value of an investor led site. 7. But, there are risks; Planning (Key consultees, Grid connection)…

  6. Generating Energy From Wind. Understanding the challenges, implementation & funding Politics. 1.Political commitments. Global, EU, UK and regional moves to reduce energy consumption. 2. Constraints at a governmental level. The Energy Act. Retrospective changes to legislation. Planned digression. 3.Planning (NPPF). The “Golden Thread”. 4.Media. Focus on capacity factor. Blight on the landscape.

  7. Generating Energy From Wind. Understanding the challenges, implementation & funding Marketing 1.Visibility 2. Commitment to staff, demonstrating greening. Local involvement. 3. Supply Chain. Compliance with suppliers demand for greening.

  8. Generating Energy From Wind. Understanding the challenges, implementation & funding Technology. 1.Types of turbine; VAWT, HAWT 2. Differentiators; Upwind/Downwind, Swept area, Blade Design, Pitch & Yaw control, Geared/Gearless 3.Scale; Power in line with FIT break and MCS accreditation 4.Wind Class; I to IV 5. Making it work for you…On site or off site…

  9. Generating Energy From Wind. Understanding the challenges, implementation & funding

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