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All-Energy 2012 Microgeneration Update Colin McNaught 23 rd May 2012

All energy 2012 microgeneration update

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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.

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Page 1: All energy 2012 microgeneration update

All-Energy 2012Microgeneration Update

Colin McNaught

23rd May 2012

Page 2: All energy 2012 microgeneration update

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

Page 3: All energy 2012 microgeneration update

The Impact of the FIT

Capacity 1,200 MW 273,000 Installations

Page 4: All energy 2012 microgeneration update

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

Page 5: All energy 2012 microgeneration update

• Planning timescales

• Limited MCS products < 50 kW

• Options for the RO over 1,500 kW

Wind market

Page 6: All energy 2012 microgeneration update

Location, Location – Solar PV by Postcode

Focus on London

Focus on Sheffield

Page 7: All energy 2012 microgeneration update

• Increasing the value of export

• Impact of energy price rises

Moving beyond the FIT

Page 8: All energy 2012 microgeneration update

• A £6,000 investment in Solar PV vs. Cash ISAs

• 12 million Cash ISAs in 2010/11 = £38 billion

A competitive investment

Page 9: All energy 2012 microgeneration update

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

Page 10: All energy 2012 microgeneration update

All-Energy 2012Microgeneration UpdateColin McNaught23 May 2012

[email protected]@AEA_Europe