Peter Randall Solar Kingdom Ltd

Similar documents
Transcription:

Peter Randall Solar Kingdom Ltd

How is Solar Doing?

How is Solar Doing? Now an Established Industry

How is Solar Doing? Now an Established Industry UK a Major Market

Estimated Total installed capacity 4.63GW 08.05.2014 Source STA & Solarbuzz

Total Deployment 2.21GW 2.0GW 0.48GW 0-50kW Building Mounted 50kW-1MW Building Mounted 1MW+ Ground Mounted & Building Mounted

Up to 50kw: 2.0GW

Up to 50kw: 2.0GW Half a Million roofs

Up to 50kw: 2.0GW Half a Million roofs Target One Million by 2016

Over 1MW: 2.21GW

50kw-5MW 0.48GW

50kw-5MW 0.48GW The BIG Opportunity

National Solar Strategy

National Solar Strategy Indentifies Mid scale Rooftop solar as a Major opportunity

National Solar Strategy 250,00Ha south facing Commercial rooftops

National Solar Strategy Mid scale Rooftops 250,00Ha south facing 125GW potential

National Solar Strategy Mid scale Rooftops 250,00Ha south facing 125GW potential 20GW = 16% of available space

Barriers to Deployment

Barriers to Deployment Permitted Development Rights

Barriers to Deployment Permitted Development Rights ROO-FIT Process

Barriers to Deployment Permitted Development Rights ROO-FIT Process Feed-In Tariff

Barriers to Deployment Permitted Development Rights ROO-FIT Process Feed-In Tariff Landlord/Tennant

Barriers to Deployment

Barriers to Deployment Consultation on changes to financial support for solar PV 13 th May 2104

Barriers to Deployment Consultation on changes to financial support for solar PV No action proposed on key barriers in FITs

What Has Made Field Scale Solar a Success?

What Has Made Field Scale Solar a Success? Good Practice

What Has Made Field Scale Solar a Success? Good Practice Community engagement

What Has Made Field Scale Solar a Success? Good Practice Community engagement STA 10 commitments

What Has Made Field Scale Solar a Success? Good Practice Community engagement STA 10 commitments National Solar Centre Planning Guidance

What Has Made Field Scale Solar a Success? Good Practice Community engagement STA 10 commitments National Solar Centre Planning Guidance New Guidance on biodiversity

DECC Public Attitude Survey Solar No 1 with 85% support

Consultation on changes to financial support for solar PV 13 th May 2104 Curtailment of developments over 5MW under RO from 2015

The Business Case For Solar

Commercial Installation Bridge of Don

7 Daily Load Profile 6 5 4 3 2 1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 %

12 Seasonalised Consumption Profile 10 8 6 % 4 2 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

12 Annualized Consumption Profile 10 8 6 4 2 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

4500 4000 3500 3000 2500 2000 Consumption Requirement 40,000KWh 1500 1000 500 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

4500 4000 3500 3000 2500 2000 1500 1000 Energy from Inverter (AC) 19048KWh Consumption Requirement 40,000KWh 500 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

4500 4000 3500 3000 2500 2000 1500 1000 500 Energy from Inverter (AC) 19048KWh Direct Use of PV Energy 11244KWh Consumption Requirement 40,000KWh 0 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Is it worth it?

Is it worth it? Feed in Tariff Payment 12.57p/KWh

Is it worth it? Feed in Tariff Payment 12.57p/KWh Deemed Export Tariff Payment 3.305p/KWh

Is it worth it? Feed in Tariff Payment 12.57p/KWh Deemed Export Tariff Payment 3.305p/KWh Total 15.875p/KWh

Is it worth it? Current cost of electricity 11p/KWh

Is it worth it? Current cost of electricity 11p/KWh Assessment Period 20 years

Is it worth it? Current cost of electricity 11p/KWh Assessment Period 20 years Running Costs 150.00 pa

Is it worth it? Historic Inflation RPI/CPI 3%

Is it worth it? Historic Inflation RPI/CPI 3% Fuel Price Inflation 5.66%

Is it worth it? Historic Inflation RPI/CPI 3% Fuel Price Inflation 5.66% Discount Rate 5%

Is it worth it?

Is it worth it? Yield on Investment: 18.6%

Is it worth it? Yield on Investment: 18.6% Payback Period: 6.7 Years

Is it worth it? Yield on Investment: 18.6% Payback Period: 6.7 Years Net Present Value: 41800

Calculations take no account of tax position or incentives

Calculations take no account of tax position or incentives Annual Investment Allowance

SOLAR THERMAL

SOLAR THERMAL Domestic and Commercial Renewable Heat Incentive

SOLAR THERMAL Ideal for restricted roof space

SOLAR THERMAL Twice as efficient as PV

SOLAR THERMAL Energy is easily stored

SOLAR THERMAL Process, Commercial and Community Heat