Feature
Could 2025 Be A Golden Year For Onsite Energy Generation?
At the end of 2024, the UK government outlined its plans to achieve a clean power system by
2030.Vish Sharma, Head of Power Purchase Agreements at npower Business Solutions looks at why the energy generated by commercial premises will be a vital part of the future energy mix, and how businesses can earn revenue by exporting their power.
To achieve the UK’s target of a clean power system by 2030, and its wider net zero target of 2050, there will need to be a huge increase in renewable energy capacity.
The government has promised to remove planning barriers for major infrastructure such as energy projects, by introducing new legislation including the Great British Energy Bill (at time of writing, in the final stages of Parliament) and the Planning and Infrastructure Bill. The National Energy Systems Operator (NESO) also recently unveiled plans to fine energy
developers that are seen to be blocking the grid connections queue, ensuring connection-ready assets are prioritised.
Investing in onsite energy generation has become increasingly popular over recent years. In our most recent Business Energy Tracker1
report, more than a third (37%) of businesses we spoke to said that installing an onsite asset was a key way they were reducing both energy risk and their carbon footprint.
There are numerous benefits for businesses who choose to install an onsite asset, such as solar photovoltaic (PV) or wind, not least reducing their reliance on the wholesale energy markets which have caused so much energy price volatility over recent years.
However, while these major projects will undoubtedly be crucial, there is another important part of the future energy generation mix that also needs support - the onsite assets that sit on the rooftops, car parks and land of private and public sector organisations across the country.
32 fmuk
One further benefit that is often overlooked is the option to earn additional revenue by exporting excess power to other businesses. Businesses increasingly want to buy their power from clean energy sources. It is seen as one of the more straightforward ways to reduce carbon emissions and have a more stable and secure supply.
However, until the necessary infrastructure is built, renewable energy demand is far outstripping available supply.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44
