A HAMILTON-BASED company has called for a level playing field for Scottish firms tendering for renewable energy projects in Scotland. The Scottish Government took a £25 million equity stake in troubled Fife fabrication firm BiFab as part of a rescue deal. However, last month the company was effectively “locked out” of the bidding process for a £200m offshore wind farm in Moray after finding itself unable to compete with foreign state-supported competitors from Spain, the United Arab Emirates and Belgium. ILI Group CEO Mark Wilson, speaking on the eve of the All-Energy Conference at the SEC Glasgow, said Scots firms were losing out. He said: “We have been in the renewable industry for the last 10 years and have seen time and time again, Scottish firms missing out on the construction investment. “Scotland is uniquely placed to benefit from renewable energy, but Scottish firms have mostly missed out on the potential. “We are taking forward three pumped storage hydro (PSH) sites in Scotland with total build cost of over £2 billion, creating thousands of jobs, we are determined to do everything in our power to make sure Scottish firms are in the best position possible to benefit from this investment.” Wilson yesterday outlined the case for PSH to delegates at the Glasgow conference. PSH allows the National Grid to store energy that cannot be absorbed naturally by consumers during times of peak wind or solar generation.
The National 16th May 2019 read more »
Pumped hydro storage is highly cost competitive for large-scale energy storage, according to a report published by the San Diego County Water Authority. The report models a pumped hydro project as securing better financing terms than battery storage.
PV Magazine 15th May 2019 read more »