Fife-based energy consultancy Everoze has launched its LEAF (Life Extension Assessment Framework) to help project owners make better decisions about the future of renewables assets and portfolios as they reach maturity. Everoze partner, Joe Phillips explained: “It’s not simply a choice between life extension, repowering and decommissioning. “There are a myriad of options across this spectrum, some of which challenge renewables assets and their owners to adopt very different operational or business models. “We’ve been surprised about the level of appetite and the economic case for adding solar or storage capacity to existing wind farms, for example. The lifetime IRR improvement comparing existing and rebooted assets can be well in excess of 0.5%.” Fellow partner, Colin Morgan added “The most valuable thing about an asset might not be the turbines or modules, but rather hard-won local stakeholder relationships and access to a firm grid connection.
Scottish Energy News 5th May 2016 read more »
Solar energy has eclipsed onshore wind energy in England, while Scotland devoured the lion’s share of new renewables investment across the UK in 2015, according to the latest annual Energy Entrepreneurs report. The report, published by London-based Smartest Energy, shows that independent generators invested over £376 million in more than 1,000 commercial-scale renewable projects in 2015, adding 2.4GW of new capacity. Consequently, these energy entrepreneurs now supply 7.6% of UK power demand with clean electricity. Last year 5,467 projects developed outside the traditional electricity supply sector generated more than £1 billion of electricity – enough to power more than 6.2 million households.
Scottish Energy News 5th May 2016 read more »