Archive for the ‘Funding’ Category

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BT is planning to develop wind farms to generate up to 25 per cent of its existing UK electricity needs by 2016.

The project will cost up to £250m and will use third party funding and renewable energy partners to help the telecoms giant reduce its carbon emissions.

The wind farms could generate a total of 250MW of electricity, which would prevent the release of 500,000 tonnes of CO2 each year compared with coal generation. BT is aiming to have 50 wind turbines up and running by 2012, which would generate around 100MW of power.

The company said it has applied for planning permission for test masts at Goonhilly Satellite Earth Station in Cornwall, Wideford Hill Radio Station in Orkney and Scousburgh Radio Station in Shetland. It anticipates obtaining 25% of its power from the farms, which will be working by 2016. The company is also identifying high wind sites on or adjacent to land it owns.

John Hutton, Secretary of State for Business, Enterprise and Regulatory Reform commented on BT’s plans and said it is a great example of how businesses can help us meet our target to significantly increase the quantity of energy we get from renewable sources.

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More video is available from Ocean Power Delivery Limited of their Pelamis Wave Power system.

The Pelamis is a semi-submerged, articulated structure composed of cylindrical sections linked by hinged joints. The wave-induced motion of these joints is resisted by hydraulic rams, which pump high-pressure oil through hydraulic motors via smoothing accumulators. The hydraulic motors drive electrical generators to produce electricity. Power from all the joints is fed down a single umbilical cable to a junction on the sea bed. Several devices can be connected together and linked to shore through a single seabed cable. More here.

OPD Ltd is an Edinburgh based company set up in January 1998 to develop the Pelamis WEC concept. In March 2002, OPD Ltd. secured £6m (EUR 9.8m) funding from an international consortium of venture capital companies led by Norsk Hydro Technology Ventures, the venture capital arm of Norway’s largest industrial company and including 3i, Europe’s leading venture capital company and Zurich-based Sustainable Asset Management (SAM). Each organisation provided an equal level of funding to produce the largest investment of its kind in a wave power company. More on the company here.

The western seaboard of Europe offers an enormous number of potential sites. The most promising sites are off the UK, Ireland, France, Spain, Portugal and Norway. There is sufficient energy breaking on the UK shoreline to power the country three times over. However, it is not practical to recover all of this energy. The economically recoverable resource for the UK alone has been estimated to be 87TWh per year, or ~25% of current UK demand. More on the resource here.

The first UK ‘wave hub’ is to be build of Cornwall at a cost of £28m. It already has planning permission and the necessary funding. The announcement.
*Wave Hub could generate enough electricity for 7,500 homes, directly saving 300,000 tonnes of carbon dioxide over 25 years.
*Wave Hub could create 1,800 jobs and £560 million in the UK economy over 25 years.

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Lowestoft has ambitions to become the UK’s wind energy capital. This week it will host a conference with industrial leaders from wind energy companies, including speakers from Germany, Denmark and the UK. The conference will look at current successes and the outlook for Lowestoft within the off-shore wind energy sector. The event is being funded by POWER, an EU initiative.

The first offshore wind farm in the East of England, Scroby Sands with its 30 2MW turbines, was completed in 2004 off the Great Yarmouth coast. The project management, assembly and related engineering was conducted within the two towns. Lowestoft and Great Yarmouth have traditionally a strong industry base in the offshore oil and gas sector, with substantial energy and marine experience. The ports of these twin towns are ideally located for serving a large number of offshore wind farms.

OrbisEnergy – the Offshore Renewable Energy Centre

OrbisEnergy, formerly know as Offshore Renewable Energy Centre (OREC), will be based in a building built in Lowestoft, to be completed by late 2007. It is funded by the Regional Development Agency, Objective 2 and local councils. The Centre will support the development of the offshore renewables sector, providing quality office accommodation, a landmark building for the sector and the region, and the opportunity to closely link research and education with business activities.

Playing on traditional strengths of a region’s economy and skills by taking advantage of a new industry such as offshore wind is the way forward for creating sustainable regional economies.

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We all throw away tetra paks into our bins rather than recycle them because we’ve been told they’re not recyclable. Well, that’s no longer true. Tetra Pak are taking certain actions to make this possible. They began by recruiting a National Recycling Officer in 2006 and now help fund local authority recycling initiatives.

Their site says, ‘Tetra Pak’s National Recycling Officers, are here to help local authorities that want to start collections. To support them with this, Tetra Pak and the carton industry under ACE UK (Alliance for Beverage Cartons and the Environment UK) have also created a £1.2 million National Recycling Fund.

NEW! To achieve rapid roll-out, we and our partners at ACE UK are now offering a cost neutral bring bank solution to all local authorities that are not yet collecting cartons.’

To find out more click here.

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A gold rush of new investment into renewable power over the past 18 months has led the United Nations to conclude that clean energy could provide almost a quarter of the world’s electricity by 2030.

More than £35bn was injected into wind and solar power and biofuels in 2006, 43% more than the preceding year. Sustainable energy accounts for only 2% of the world’s total but the UN says 18% of all power plants under construction are in this sector.

The findings, outlined in the Global Trends in Sustainable Development annual review, represent a challenge to the received wisdom among energy experts that green power is likely to play only a marginal part in the energy mix until at least the second half of the century.

Says UNEP Executive Director Achim Steiner: “One of the new and fundamental messages of this report is that renewable energies are no longer subject to the vagaries of rising and falling oil prices-they are becoming generating systems of choice for increasing numbers of power companies, communities and countries irrespective of the costs of fossil fuels.

“The other key message is that this is no longer an industry solely dominated by developed country industries. Close to 10 per cent of investments are in China with around a fifth in total in the developing world. We will need many sustained steps towards the de-carbonizing of the global economy. It is clear that in respect to renewables those steps are getting underway.”

More on the UNEP report here.

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A mainstream animal conservation campaign by a powerhouse media organisation like the BBC is to be welcomed with open arms …. and willing credit card!

The ‘Saving Planet Earth’ campaign concentrates on some of the most endangered species and is promoted via a series of 1/2 hour slots on BBC1 at the moment. Each programme looks at the perilous state of a different animal and are fronted by a different celebrity.

Tonight’s programme was about the tiger in India where Fiona Bruce, a well known BBC news reader, went to find out what can be done with donors money to improve tiger numbers, currently and shockingly hovering around just 2000 in number! Tigers need a large forest and grass range, preferably without human villages within.

The solution is to purchase a large area of forest in southern India and to relocate people living within it. Those people can only volunteer to leave but, are incentivised with a new home in a newly constructed village that has all modern amenities. They have been happy to move and have the added bonus of getting away from the tigers who do attack sometimes.

A strong and clear campaign asking for our money.

I’ve done just that on behalf of my family. Hope you will too! 🙂

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