Victoria Lancaster MA (Hons), MRICS Chartered Rural Planning Surveyor.
20
Victoria Lancaster MA (Hons), MRICS Chartered Rural Planning Surveyor
-
Upload
rosalyn-casey -
Category
Documents
-
view
220 -
download
4
Transcript of Victoria Lancaster MA (Hons), MRICS Chartered Rural Planning Surveyor.
Victoria LancasterMA (Hons), MRICS
Chartered Rural Planning Surveyor
Renewables Opportunities
•Which suits you?
•Tariff changes
•Biomass information
Shares of Electricity Generation
• Amount paid by farmers for energy in 2013: £1.01billion
• Most farms can bring renewable technologies into their farm strategy
• 4 - 10 year payback on 20 year ‘tied-in’ tariff
• Which one best fits your business?
SAFE
RISK-O-METER
RISKY
Feed In TariffsFeed In TariffsFeed In TariffsFeed In Tariffs
Feed-In Tariffs (up to 5MW)
• FIT lifetime: APRIL 2010 – 2021• APRIL 2012 Major cuts introduced for PV• DECEMBER 2012 Cuts for other technologies• Stricter digression mechanism:
– Quarterly for solar PV (min 3.5%)– Annual reduction for other technologies and…
– Contingent (depending on take up)
• + Pre-accreditation
Solar Farm Lease – pros and cons12MW 70acres
4.6MW30acres
2MW10acres
5MW 30acres
On-roof Solar PV
20kW array
Solar Tracker
Commercial Renewable Heat IncentiveCommercial Renewable Heat Incentive
Heat Costs
Digression
•Budget 2011 to 2015: £860m. 2016? Will run to 2020?
• There will be a degression trigger for each tariff band and for the RHI as a whole. Assessments will be made quarterly.
• The trigger for degression in each band is set at 150% of the expected levels for that technology
• Once an individual tariff trigger is hit, the tariff will be reduced by 5%, with provision for subsequent reductions of 10% and 20% if expenditure levels are not falling back after the initial reduction
How the biomass CRHI tariff is calculated:
1.Boiler Sizing: supplier will size your boiler according to your current energy usage and profile.
2. The RHI states that the heating profile is 13.14% of the total annual maximum capacity of the boiler. This equates to 1314kWh.
3. Example: 100Kw boiler:
100 x 1314 = your Tier 1 hours @ 8.4p/kWh = £11,038 per year
Plus additional Tier 2 hours @ 1.9p/kWh
Plus savings on buying fossil fuels/electricity
Installations April 2014
TAX
Talk to your accountant
The UK remains committed to its legally binding 15% renewable energy target by 2020
2012 position: 4.1%
What we can do to help…• Phase I
- Feasibility
• Phase II- Planning Application if required
• Phase III- Project Management
In summary: Whether you have 30 or 3,000 acres we can advise and
guide you to a bespoke solution that suits your farm and your long term goals.
