New technology which uses waste cooking oil to fuel generators supplying renewable electricity to the National Grid has opened to investment from the public. The patented technology from Living Power changes the used cooking oil into a bioliquid through a low-energy process with no chemical additives, avoiding the carbon emissions of fossil fuels and issues concerning biodiesel produced from crops. Peer-to-peer investment site Abundance has structured the investment in Living Power in the form of tradable, regulated debentures paying 8 per cent over a seven-year term, with a minimum investment of just £5. The returns to investors will be produced by the money earned by conventional generators owned by Living Power to help fill gaps in the UK’s electricity supply on the National Grid.
Utility Week 27th June 2016 read more »
Business Green 28th June 2016 read more »