Posts tagged Renewable Energy Industry
“Hundreds of plumbers, electricians and gas engineers to benefit from the investment”
Millions of funding to get low carbon heating into peoples’ homes, including into hundreds of social houses across the nation, is still up for grabs according to the Department of Energy and Climate Change (DECC).
Local authorities, housing associations and registered providers of social housing are being urged to benefit from the millions of pounds available from the Renewable Heat Premium Payment (RHPP).
The scheme will replace more renewable heating systems, including biomass boilers, solar hot water panels and heat pumps, creating new employment opportunities for plumbers, electricians and gas engineers.
The RHPP has reopened thanks to the high value for money of projects already allocated funding under the scheme which will make tenants’ homes warmer, cosier and far more energy efficient.
Today, the DECC announced that up to £2.5 million of additional funding will be allocated under this element of the scheme.
Energy and Climate Change Minister Greg Barker said: “We have already awarded nearly £5 million to 72 projects under this year’s scheme, helping householders stay warm this winter and move away from expensive old heating systems to new clean renewable ones.
“But the high value for money of the bids we have received to date means that there is still money up for grabs and I would urge social landlords across the nation to apply and take advantage of all this scheme has to offer.”
The closing date for applications is 9 October 2012 and successful bidders will be announced shortly afterwards. You can find out more about the scheme and how to apply from here.
What is your reaction to the reopening the of the Renewable Heat Premium Payment scheme which will bring financial investment to the trades and create new jobs in the industry? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
The largest trade association in Britain, the Renewable Energy Association (REA), has welcomed Nick Clegg’s announcement to provide a £100 million fund for green investment that will boost the renewable energy industry and create new jobs.
Making the announcement today, Deputy Prime Minister Clegg said that the multimillion fund will enable the UK Green Investments team (UKGI) to see more domestic and foreign investments to the renewable industry.
Chief Executive of the REA, Gaynor Hartnell, praised the Deputy Prime Minister for his leadership and commitment to the renewable energy sector.
He said: “We need clear leadership from the top of Government on renewable energy, so the Deputy Prime Minister’s unequivocal commitment to renewable energy is very welcome and timely.
“He is quite right that a global energy revolution is underway and we look forward to working with him to ensure the UK fulfills its extraordinary potential.”
However, Mr Hartnell said that the Coalition Government needed a more stable policy framework to make sure the UK’s renewable industry continues to expand, paving the way for green jobs in the future.
Mr Hartnell said: “The Coalition Government needs to do much better on providing a clear and stable policy framework to make sure the UK isn’t left further behind.
“Recent decisions on support levels for renewable power technologies, which have failed to provide the expected certainty out to 2017, together with the uncertain status of the Electricity Market Reform package, do not provide the stable framework that industry needs.”
Do you also welcome Nick Clegg’s intervention to boost the green economy? What else the Government could do to further accelerate green investment and create more jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
Deputy Prime Minister Nick Clegg has announced a £100 million fund for green investment which will create new jobs in the renewable energy industry.
Speaking to an energy conference in London’s Lancaster House today, Mr Clegg defended the Government’s commitment to support the renewable energy sector, outlining lasting benefits to the UK low-carbon economy.
He announced multi-million contracts by UK Green Investments (UKGI) with fund managers Equitix and Sustainable Development Capital (SDCL) to provide initial capital to encourage foreign and domestic investment in non-domestic energy efficiency.
The Deputy Minister’s announcement was hailed with a £12 million expansion by a recycling firm Closed Loop in Dagenham, East London, that will create and safeguard 100 jobs.
The UK is the sixth largest market in low carbon goods and environmental services in the world. It contributes 3.9 per cent of the UK’s GDP and employs 173,000 people.
The Deputy Prime Minister said that the Coalition Government is ‘unreservedly committed’ to help Britain’s low carbon sector thrive, providing a clean and green economy.
He said: “There is a global energy revolution underway and the UK is not going to be left behind. We’re leading from the front.
“Together we find ourselves at the vanguard of one of the most dynamic, most innovative, most important industries of our time; an industry whose breakthroughs and endeavours will shape our societies for years to come; an industry that will help us build a more stable, more sustainable, more prosperous world.”
What is your reaction to the Government’s £100 million fund that will accelerate investment in the renewable industry and create new jobs? Share your thoughts by commenting here or raising your voice on our Facebook and Twitter page.
Changes to subsidies for renewable electricity in Britain could accelerate up to £25 billion of new investment and create thousands of new jobs according to the Secretary of State for Energy and Climate Change, Edward Davey.
Bandings for renewable technologies were set last week under the Government’s Renewables Obligation which will support and create new green jobs whilst at the same time minimise energy cost to consumers.
Edward Davey, Secretary of State for Energy and Climate Change, welcomed the decision which will ensure rapid growth in the renewable energy and unlock further green investment.
Mr Davey said: “Renewable energy will create a multi-billion pound boom for the British economy, driving growth and supporting jobs across the country.
“Because value for money is vital, we will bring forward more renewable electricity while reducing the impact on consumer bills between 2013 and 2015, saving £6 off household energy bills next year and £5 the year after.”
The Banding Review (as set out by the DECC) includes:
- Support for onshore wind from 2013-17 will be reduced by 10% to 0.9ROCs, as consulted on in autumn 2011. This level is guaranteed until at least 2014 but could change after then if there is a significant change in generation costs. A call for evidence on onshore wind industry costs will be launched this autumn and report in early 2013.
- Rates of support for offshore wind will reduce as the cost of the technology comes down during the decade;
- Support levels for certain marine energy technologies will more than double from 2ROCs to 5ROCs per MWh, subject to a 30MW limit per generating station;
- There will be a new band to support existing coal plant converting to sustainable biomass fuels. This will increase the amount of renewable energy produced at less cost to consumers; and
- There will be no immediate reduction in support for large-scale solar, but there will be a further consultation this year on reduced support levels given recent dramatic falls in costs.
Apple has announced plans to power its main data centre in North Carolina entirely with renewable energy by the end of 2012, Reuters has reported.
The announcement comes after long-lasting environmental concerns by Greenpeace about Apple’s rapid expansion of high-consuming computer server farms in the US. Greenpeace activists drew significant attention last week on Apple’s use of coal at the data centre that powers its iCloud.
The maker of the iPhone and the iPad confirmed on Thursday that it was buying equipment from SunPower Corp and startup Bloom Energy to build two solar array installations near its core data centre in North Carolina. The sites will employ high-efficiency solar cells and an advanced solar tracking system.
“Apple’s announcement today is a great sign that Apple is taking seriously the hundreds of thousands of its customers who have asked for an iCloud powered by clean energy, not dirty coal.” said Greenpeace International Senior IT Analyst Gary Cook.
The solar farm is expected to supply 84 million kWh of energy annually and it will cover 250 acres of land around Apple’s main data centre.
“The plan we are releasing today includes two solar farms and together they will be twice as big as we previously announced, thanks to the purchase of some land very near to the data centre in Maiden, which will help us meet this goal.” Apple CFO Peter Oppenheimer told Reuters.
Mr Oppenheimer outlined company’s ambition to continue its environmental approach along with its expansion in services and provide sustainable development for its products.
“Our next facility will be in Prineville, Oregon. This is still in the planning stages and we have already identified plenty of renewable sources nearby,” Oppenheimer said.
What is your reaction to the decision by Apple to power its main data centres with 100% renewable energy? Do you think that other high-tech companies will follow its environmental approach? Share your thought with us by leaving a comment below: