Post on 22-Jun-2015
description
transcript
02/12/09
1
Farming Futures Conference
What are the tariffs?
Where have we got to?
What will farmers make of it?
Will they work?
02/12/09Farming Futures Conference
2
02/12/09Farming Futures Conference
3
1
32
Total benefit to customer =Generation tariff +Saving on reduced imports +Export bonus (5p/kWh)
1
3
2
Feed-in TariffsRenewable Heat
Incentive
Levy raised on Licensed power suppliers
Fossil heating fuel suppliers
Eligible technologiesRenewables, micro-CHP
Renewables,biogas, micro-CHP
Eligible capacities > 5MW Unlimited
Tariffs 4.5 - 36.5p+ 5p export t.b.a
Period 20 years(PV 25 years) 20 years?
Start date April 2010 April 2011
02/12/09Farming Futures Conference
4
Feed-in TariffsRenewable Heat
Incentive
Primary Legislation Energy Act November 2008
Initial design July 2009 Dec 2009
Consultation October 2009 Spring 2010
Full design December 2009 Summer 2010
Secondary legislation February 2010 Late 2010?
Go-live April 2010 April 2011
02/12/09Farming Futures Conference
5
January 2010
January 2010
Energy users (as opposed to suppliers)
Businesses, including:
Retailers ● FarmersBuilders ● Property owners
Communities and public sectorSchools ● Housing associationsHospitals ● Public buildings
ConsumersHouseholdersTenants, especially fuel poor
02/12/09Farming Futures Conference
6
02/12/09Farming Futures Conference
7
Which renewables suit me?
How much energy?
Do I need planning?
Who can supply and install?
What servicing is needed?
How long do they last?
Connection agreement?
Cost of energy imports?
Negotiate export price?
Which supplier?
What metering?
Who reads meters?
What if the sun doesn’t shine / wind doesn’t blow?Who makes sure it all works together?Load Management / Smart metering?
How to register for tariffs?What finance is available?
Not to have to be energy experts
A financial proposition that works
Not to have to
worry about it
We’ll do it all
… and give you a cheque each quarter
Which renewables suit me?
How much energy?
Do I need planning?
Who can supply and install?
What servicing is needed?
How long do they last?
Connection agreement?
Cost of energy imports?
Negotiate export price?
Which supplier?
What metering?
Who reads meters?
What if the sun doesn’t shine / wind doesn’t blow?Who makes sure it all works together?Load management / Smart metering?
How to register for tariffs?What finance is available?
02/12/09Farming Futures Conference
8
Retention of carbon benefit
Landlord/tenant issues
Who owns asset?
Who gets which benefits?
Minimising business interruption
Return rate for non-core activity
02/12/09Farming Futures Conference
9
Electricity kW Average cover
Hydro 150 2.5
Solar PV 620 1.9
Wind 110 1.7
Heat kW Average cover
Biomass 450 [2.5]
Heat pumps 1,080 [2.9]
Solar thermal 340 [2.4]
02/12/09Farming Futures Conference
10
Based on ~500 options proposed in the 16 weeks to end November 2009
CHP should also be popular (when FIT/FHI interface defined)
Returns increased to at least 10%Engage the commercial customers
Really need 12% (or 10% + carbon benefit?)
Treble the number of consumers
Existing systems eligibleFew thousand influential ambassadors
Other issues resolvedNo tax and rates ‘clawback’; no CRC ‘hit’Index-linked; degression suspendedCapacity thresholds clarified — DNC?
02/12/09Farming Futures Conference
11
02/12/09
12
Farming Futures Conference
Philip.Wolfe@ownergy.co.ukwww.ownergy.co.uk
More on the FITs: www.FITariffs.co.uk
More on the RHI: www.RHIncentive.co.uk