first steps in investing in energy assets - uk100 · first steps in investing in energy assets...
TRANSCRIPT
First steps inInvesting in Energy assets
Daire CaseyBusiness Development Manager
18 June 2019
Our vision
• National Grid ‘Two Degrees’ Future Energy Scenario
• Develop Strategy to achieve this
• Identify & develop opportunities
Our roles
• Facilitator
• Off taker
• Investor
Our priorities
• Exposure to market risk
• Generate renewable electricity
• Manage revenue expectations
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Historic unit price (p/kWh)
Low profile
WSCC profile
High profile
Generation & Demand
WholesaleCapacity
DUoSTUoSPolicy
Generation & Demand
WholesaleCapacity
DUoSTUoSPolicy
WholesaleCapacityDUoSTUoSPolicy
Progress to dateTangmere solar farm – one of
the first council-owned solar
farms in the country generating
5MW of solar and availing of
Feed in Tariff
Westhampnett Solar Farm & battery storage
system – subsidy free generating over 7MW of
solar and 4MW of battery storage
Technology risk
• Detailed specification
• Warranties
• Refresh requirement
Revenue risk
• Market opportunity
• Cost of Capital
• O&M costs
Over to you
• Do you have granularity of your cost base?
• Can you make a sensible projection of your future
energy costs?
• Would you know what a good deal looks like for
your organisation?
• If you expect an investor to invest in your project,
why wouldn’t you?