It’s taken longer than I’d hoped, but here we go:
Archive for April, 2010
what rate of return can I get from the PV feed in tariff?
Posted in climate change, consumerism, feed in tariff, PV, renewable energy, uncategorized, tagged DECC on April 25, 2010| 10 Comments »
links for 2010-04-16: Tesco not ESCO, etc
Posted in uncategorized on April 17, 2010| Leave a Comment »
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E.ON wades in with PV systems at £5.4k/kWp. Again note, it’s sales and not ESCO.
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Dude, quick! Get on that bandwagon! Note it’s sales, not ESCO (so you take the risk on returns). Also interestingly they’re offering PV installed costs for domestic retrofit are about £5k per home. The equivalent Tesco Sainsbury’s system (!!!) would be £6k.
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Going back to the discussion with Nick Grant on this blog – is the carbon in biomass better to leave locked up in timber products?
mind the elephant
Posted in other stuff, tagged ITV, leaders debate on April 15, 2010| 3 Comments »
Just got to the end of the leaders’ debate on ITV and there were exactly zero questions about energy, carbon, and the environment. WTF?
I’ll be in the kitchen drinking sherry and crying if anybody needs me.
solar powered bullsh*t generator
Posted in feed in tariff, PV on April 13, 2010| 1 Comment »
The feed in tariff has arrived and my inbox is filling up fast with emails from companies selling PV systems making wild claims about payback periods and rates of return. Some of them are clearly from cowboys. Some of them are from reputable companies that (unless I’ve missed something or they’re temporarily insane) should know better. In this febrile flurry of market positioning, PV may rapidly become the new double glazing.
I have to admit that I love PV. As soon as I got to know PV properly through some projects we’re doing in Italy, I fell in love. PV is the business and I have absolutely no doubt that it’s a key solution to our long term energy needs.
But you’ve got to be realistic about costs and output. The UK isn’t Italy. As a result of years of domination by very few players, the UK PV market remains immature and install costs are high. In addition, (obviously) there’s less solar radiation so outputs are lower.
So what sort of IRR is realistic? I’ll go do some graphs now.
fundamental perversity of the RHI
Posted in biomass, heat pumps, renewable energy, renewable heat incentive, sustainability, utilities on April 4, 2010| 1 Comment »
In the UK we generate enough heat each year to meet the needs of every home in the country… and then we throw the heat away. So why should we promote the use of precious resources and expensive technologies to generate that heat a second time?