Output
Green Monday: September 2010
Feed-In Tariffs: New opportunities for business
Arrive: 6:00pm / Start 6:30pm / Networking: 8:15pm / Close: 9:00pm
6th September 2010
Bank of America Merrill Lynch: King Edward Hall
2 King Edward Street
City of London
London
EC1A 1HQ
Event overview:
- How it was used in Germany - reflections for businesses from the architect of the German FiT scheme
- Returns on different scenarios for your properties: renting your roof to installing your own PV
- What are your options as a tenant: how can installation benefit your business
- Funding & Installation: who does what who finances the work
- Creating a consumer proposition: How the big brands are looking to front mass market offerings
- What can go wrong: the risks of the scheme
- FiT, the RHI and the wider implications for funding renewables
Until recently, there has been no financial motive for UK businesses to support small-scale renewable energy production. The Feed in Tariff (FIT) scheme that came into effect on the 1st April has the potential to create a new market dynamic by providing a financial incentive for businesses to install renewable electricity-generating technologies, and selling the produced energy back onto the grid. This can also mean new revenue streams.
The rationale behind the policy is to increase the level of electricity from renewables in the UK to reach a target of 30% by 2020 and, in the short-term, help to ensure security of supply for 2013.
This highly-topical Green Monday’s event will address the key issues to help businesses of all shapes and sizes unlock the commercial value of FIT, secure upfront capital and how to overcome some of the implementation hurdles.
BT will explain how they are leveraging the scheme to create new revenue streams for their organisations. Richard Tarboton of BT will discuss how decommissioned telecommunications sites resulting from network consolidation are being transformed and how they leveraged funding to support the roll-out of renewable energy projects.
Brendan Fogarty of SEGRO will explain the three options they are exploring for their properties: renting out the roofs to a third party investor, investing themselves and gifting the energy as an incentive or investing to charge tenants at a reduced rate.
As many UK businesses are still finding their feet in this space, Mr Hans Josef-Fell, who was the driving force behind the German Feed-in-Tariff scheme, will share his extensive experience of the German system, and will be at hand to answer your questions.