CLEANTECH OPPORTUNITIES IN LONDON & THE UK BOB DOYLE, SENIOR - PowerPoint PPT Presentation

CLEANTECH OPPORTUNITIES IN LONDON & THE UK BOB DOYLE, SENIOR BUSINESS DEVELOPMENT MANAGER LONDON & PARTNERS September 2012

THE FUTURE In the next 10 years:  Demand for energy will increase substantially: London is set to grow by one million people  ¼ of UK power plants will shut down  34% cut in carbon emissions  15% energy from renewables – EU target  Increased exposure to price shocks  £110billion energy investment Actions:  Stop wasting energy - The Green Deal to improve residential energy efficiency  Heating is 2 nd highest driver of energy demand – implement Renewable Heat Incentive  Rebuild electricity supplies • Renewables – strong tidal and offshore wind • New nuclear • Clean coal and gas – Carbon Capture and Storage

GROWTH IN LONDON Forecasts from the London Mayor’s Office show key area of population growth is East London For example 10,000 new homes planned for Barking Riverside All new homes built with public money need to meet at least Level 6 of The Code for Sustainable Homes from 2015.

MAYORAL POLICY  The Mayor of London is developing programmes on how London can be the world’s low carbon capital  Target of cutting carbon output by 60% by 2025  London Green Fund – to de-risk investment for private sector  Waste - target £70million Foresight Environmental Fund  Energy efficiency – target £100mill fund manager Amber Green Consortium  Carbon markets – UK announcement of carbon price floor 23rd March 2011 budget  Decentralised Energy and Smart Grid  Building retrofit

LONDON INITIATIVES

RE:FIT 43% of London’s total CO 2 emissions are from commercial & public sector buildings Re:Fit aims to facilitate Energy Performance Contracting across London’s public sector buildings Target: 11 million sq m in London, 40% of public sector buildings, £400million of projects. 400 organisations Pipeline for London Green Fund – 7 year payback Supported by 3million Euros European funds Framework panel of 12 suppliers in place • Honeywell • Balfour Beatty • Hurleypalmerflatt • COFELY (GDF SUEZ) • Interserve • MITIE (Dalkia FM) • Johnson Controls • EDF Energy • Schneider Electric - Strategic Building • E.ON Sustainable Energy Solutions Business • Willmott Dixon Partnerships • Hoare Lea Consulting Engineers (Parkeray)

RE:NEW 36% of London’s CO 2 emissions are from housing Re:New aims to reduce CO 2 emissions from existing homes in London, help residents to save money on their energy bills and create ‘green’ jobs. 3 million homes in London, target is 1.2 million by 2015 Framework panel of 12 suppliers in place • Axis • CEN Services • Groundwork London • United House • Breyer Group • Eaga • Lakehouse Contracts • Warmzones • British Gas • Enterprise • Osborne Energy • Willmott Dixon Subcontract opportunities exist with framework suppliers

SOME PRIVATE SECTOR INITIATIVES  BT’s Corporate Renewable Energy Programme • BT to build UK's second largest solar-powered roof, largest in London • 1440 solar panels covering 2350m2 May 2011 • BT strategy is 25% electricity needs from renewables  Skanska and GE have formed a strategic partnership • to develop new environmental technologies and processes for the emerging green retrofit and refurbishment market • Market estimated to be worth in excess of £10bn per year in the UK.  Low Carbon Workplace • unique partnership between the Carbon Trust, developer Stanhope and fund manager Threadneedle • design, build and manage bespoke and contemporary offices for organisations committed to eco-friendly operation.

ENTERPRISE ZONE Light Assembly hub Site opportunities - land for sale and lease Enterprise Zone announced 23 rd March 2011

THE CRYSTAL A sustainable cities initiative by Siemens East London Enterprise Zone - - Siemens global centre for infrastructure and cities - Centre for thought leadership, a knowledge hub and showcasing for energy efficiency, transport and the city in 2050. - All electric - Rainwater recycled - Connected to smart grid for electric vehicles.

Distributed Energy

Distributed Energy strategy  London Plan – targets for London’s energy from DE 25% by 2025 • Systematic approach to planning • London Heat Map – identify hot spots, by March 2012 whole of London www.londonheatmap.org.uk  Energy masterplanning € 3.3million secured from ELENA European funds over 3 years. • Arup providing technology, financial and commercial advisory. • Target of £95million investment to be generated by August 2015 • 130 projects in pipeline, 25 currently supported  DE Manual for London published 13 th March 2012 • Technology standards • Commercial templates • Planning guidelines

Opportunities  Energy production technologies – energy from waste, fuel cells, heat pumps etc  DE infrastructure  Investors  Energy companies with track record in running DE systems  AECOM study to be completed in 2012: • how to intelligently integrate electricity and heat supply chain • Technology catalogue • Open for ideas and input

SUSTAINABLE INDUSTRIES PARK River access AD plant Closed Loop recycling By-product processing Biofuel manufacturing 60 Acre site in East London – first of its kind in the UK Opportunities for suppliers and assemblers of renewables Industrial Symbiosis

LOW CARBON VEHICLES  London to become the electric vehicle capital of Europe  Up to £5000 subsidy on purchase of electric vehicles extended to 2015 plus up to £8000 on commercial electric vans  Mayor’s electric vehicle charging network, Source London, is live. www.sourcelondon.net  1,300 public charging points across London by 2013, 100,000 EVs on London streets as soon as possible  London hydrogen buses forms the only hydrogen bus fleet in the UK and the largest currently in Europe.  Qualcomm to trial wireless electric charging in Tech City  Future opportunities for low carbon vehicle manufacturers and charging point technology

Charging network  Pan London scheme until 2014  Siemens appointed as IT and services partner.  Sponsorship deal with time limit  Model is fixed annual membership fee  Will provide a range of driver services including:  customer interaction centre  card production  registration services  After 2014…  What is a sustainable business model for charging networks: who provides, how financed and how people pay  Opportunities for providers of low carbon vehicle supply chain, charging systems technology and other value added services to help provide a return on the hardware

DATA CENTRES London is a key internet exchange and location for data centres to support the commercial environment Major opportunities for companies in:  Energy efficiency technology  Optimising use of energy and heat  Alternative sources of electricity  Energy conservation  CHP

OPPORTUNITIES ARISING FROM UK WIDE INITIATIVES

UK FEED IN TARIFF SCHEME  Introduced on 1 April 2010.  Through the use of FITs, the UK Dept for Energy & Climate Change (DECC) hopes to encourage deployment of additional small-scale (less than 5MW) low-carbon electricity generation, particularly by organisations, businesses, communities and individuals that have not traditionally engaged in the electricity market.  This will allow many people to invest in small-scale low-carbon electricity, in return for a guaranteed payment from an electricity supplier of their choice for the electricity they generate and use as well as a guaranteed payment for unused surplus electricity they export back to the grid.  FITs work alongside the Renewables Obligation (RO) – which is currently the primary mechanism to support deployment of large-scale renewable electricity generation – and the Renewable Heat Incentive (RHI) which, when implemented, will support generation of heat from renewable sources at all scales. Technologies eligible for FITs  Small-scale low-carbon electricity technologies eligible for FITs are: • wind • solar photovoltaics (PV) • hydro • anaerobic digestion • domestic scale microCHP (with a capacity of 2kW or less) – a domestic scale microCHP pilot will support up to 30,000 installations, with a review to start when the 12,000th installation is completed