all energy 2012 microgeneration update
DESCRIPTION
Microgeneration Update | Presented by Colin McNaught, Knowledge Leader, AEA All-Energy, 23 May 2012 The All-Energy Exhibition & Conference is the UK's largest event devoted to all forms of clean and renewable energy. Colin returns to the conference this year to present at two separate sessions. In this presenation, he joins a high profile panel to discuss the way forward for microgeneration and on-site renewables. He draws on his considerable knowledge of the UK microgeneration sector as the author of AEA’s Microgeneration Index, which tracked the uptake of microgeneration during the first year of the Feed-in Tariff.TRANSCRIPT
All-Energy 2012Microgeneration Update
Colin McNaught
23rd May 2012
Major provider of environment and energy consultancy
and advice to the private sector
Advised DECC on Renewables roadmap, RHI, FIT,
CRC
The largest externalprovider of evidence to
the Committee onClimate Change
Auditor for the RHI schemeCHP Quality AssuranceUK emissions inventory
AEA
The Impact of the FIT
Capacity 1,200 MW 273,000 Installations
Surges in Solar PV
• Peak of 29 MW in one week, circa £75 million invested
• 2010/11 around £640 million invested
• Surge around 6 weeks before deadline
• Planning timescales
• Limited MCS products < 50 kW
• Options for the RO over 1,500 kW
Wind market
Location, Location – Solar PV by Postcode
Focus on London
Focus on Sheffield
• Increasing the value of export
• Impact of energy price rises
Moving beyond the FIT
• A £6,000 investment in Solar PV vs. Cash ISAs
• 12 million Cash ISAs in 2010/11 = £38 billion
A competitive investment
New Strategies
• The FIT and the surge have opened the market
• The Challenge is to sustain growth:– The financial case is still excellent
– Less reliance on FIT = less policy risk
– Smarter installations to maximise the other income
– Focus on cities
All-Energy 2012Microgeneration UpdateColin McNaught23 May 2012
[email protected]@AEA_Europe