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Opportunity in Renewable Energy Alastair Nicol BSc CEng MEI Element Consultants Ltd.

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Presentation on theme: "Opportunity in Renewable Energy Alastair Nicol BSc CEng MEI Element Consultants Ltd."— Presentation transcript:

1 Opportunity in Renewable Energy Alastair Nicol BSc CEng MEI Element Consultants Ltd

2 Is renewable energy real business opportunity ?  Some facts and figures  Market dilemmas  Some business opportunities

3 Why is energy so important  Energy for heating  Energy for Lighting  Energy for transport  Energy for manufacturing  Energy for food (fertiliser for 1 acre is the equivalent of driving a car 600miles)  Currently 2-5% of world gas production is used for food.

4 Existing fossil fuel consumption Fossil Fuels Oil3,081,190,000 gallons/day Natural gas8,829,863,013 m 3/ day 2,042,278,575 gallons of oil equivalent/day Coal10,203,561 tonnes of coal/day 2,617,723,739 gallons of oil equivalent/day Total7,741,192,314 gallons of oil equivalent/day

5 Perspective  Important to have perspective.  World daily oil consumption is the equivalent of a cube ¼km  Do you really think that does not have an impact on the environment ?

6 Does not stop there Nuclear419,510,000 gallons of oil equivalent/day Hydro556,326,917 gallons of oil equivalent/day Renewables136,920,383 gallons of oil equivalent/day Total Hydro/Renewables693,247,300 gallons of oil equivalent/day Grand Total8,853,949,614 gallons of oil equivalent/day

7 The UK problem  Population/km 2 –UK = 260 –France = 119  Food self sufficiency –UK = 60% –France = 124%  UK has not sufficient land to give over to renewable crops or biomass

8 The Business opportunities Every conceivable energy source will be required from Chicken litter to thorium!  Solar  Wind  Biomass  Energy from Waste  Agricultural residue  Energy crop  Hydro  A/D  Tidal

9 The Business opportunities PrimarySpin Off SolarElectrical design, panel design, grid management technology, Maintenance, Power storage, transmission efficiency, Battery tech, Inverter and electronics tech WindElectrical design, panel design, grid management technology, Maintenance, environmental impact, BiomassHarvest, Drying Tech, Processing tech, Storage Tech, handling tech, Combustion tech, Emissions Tech – Ash processing. Energy from WasteWaste collection, Processing, Sorting Tech, energy recovery, Storage Tech, handling tech, Combustion tech, Emissions Tech – Ash processing. Agricultural residueWaste collection, Processing, Sorting Tech, energy recovery, Storage Tech, handling tech, Combustion tech, Emissions Tech – Ash processing. Energy CropBio Tech, Bio Engineering. A/DBio Tech, Bio Engineering, chp, panel design, grid management technology, Maintenance, Power storage, transmission efficiency, Battery tech, Inverter and electronics tech. Gas compression, Gas injection

10 Second use fuels  Opportunities for gasification, pyrolysis, combustion  Forestry waste  Spent grain  Straw  Chicken litter  Waste wood

11 Significant Barriers to SEAP 2015  Grid connection  Inherent grid weakness  Underinvestment in protection and reinforcement  Opportunity arises  £300,000 t/o SME developing WAN based power factor controllers, Phase balance, line reactors and paralleling control – leading design and exportable tech.

12 Opportunity Fuels Distillers’ dried spent mash Coffee grounds Palm oil press residue Wheat / rice / barley straws A & B grades wood mix Peanut shell Olive wastes Wood chip Vine cuttings Rice husk

13 Element Consultants  Solar PV feasibility  Solar Thermal Installation  Wind Feasibility  Wind site and performance monitoring  Future fuels electrical power generation  Future fuels combined heat and power

14 Element Consultants  Specialist in combustion technology  Plant and product design  Future fuels industrial steam  Future fuels electrical power generation  Future fuels combined heat and power

15 Element Consultants  Design calculation advice  Product development support  Health and safety compliance  PUWER compliance  CE marking  Design review  Expert opinion in contemplation of legal proceedings

16 Business mentoring  Design and function briefing  Design advice  Marketing support  Synergistic support  Funding support  True strengths are technical

17 Element Consultants DETINI - SEAP 2015 Invest NI – Significant contributors Pleased to be a part of the programme Around this afternoon for discussion


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