By Natasha Marino, Climate Change Thought Leadership Award winner (Master’s Category) 2022 Renewable energy technologies cannot always produce a consistent amount of energy. For example, the energy outputs from solar technologies are limited in winter, when there’s fewer daylight hours and the sky is often overcast. Likewise, demand for energy varies throughout the … Read more
A response to Tory leadership race: Where do candidates stand on net zero goal? By Chris Winward, CEO at Privilege Finance When I read the recent BBC article on where the Tory candidates stand on net zero, I was shocked that none of the candidates demonstrated an understanding of what is needed to put a … Read more
Two students have scooped the Climate Change Thought Leadership Award for outstanding research dissertation projects, which provide innovative solutions to the climate crisis. The award is run by Privilege Finance, specialist funder of projects which reduce carbon and mitigate against climate change. It identifies exceptionally talented individuals with the potential to drive the renewables industry … Read more
By Chris Winward Six months after COP26 we have seen more interest in climate investments, but the much-publicised target to limit global warming to no more than 1.5°C has almost entirely slipped away. To accelerate a reduction in greenhouse gas (GHG) emissions, leaders must take responsibility for their impact of their business’ activities, stop waiting … Read more
By Rebecca Merry and Carl Gurney, from Marsh Commercial Renewable energy projects can only secure financial investment when as many risk factors as possible have been removed, and insurance is an essential piece of the jigsaw. Insuring anaerobic digestion plants The anaerobic digestion (AD) sector is an especially challenging market for insurance businesses to navigate. … Read more
By Chris Negus Composting and anaerobic digestion (AD) both take organic material and break it down to produce a biologically valuable substance. Although the technologies use similar inputs to produce similar outputs, there is little direct competition between the sectors. This is because the type of feedstock available determines the most effective way of processing … Read more
Anaerobic digestion (AD) produces biogas and digestate fertiliser. Biogas is a mixture of gases which can be upgraded to produce biomethane, the biological equivalent of natural gas fossil fuel. Although biomethane is chemically identical to natural gas, there are several reasons why it is better for the planet. 1. Burning of fossil fuels releases carbon, … Read more
Following on from having her research recognised in the Privilege Finance student award prizegiving earlier this year, Miranda Mirzad has visited Willand Biogas in Devon, to see an operating AD plant first-hand. Winston Reed, a director of the AD plant, led a tour of the site, explaining everything from the Supervisory Control and Data Acquisition … Read more
48% of respondents to a recent survey said that cross-nation collaboration is the most crucial COP26 goal to achieve impactful change in response to the climate crisis. However, Chris Winward, Chief Commercial Officer at Privilege Finance and Craig Reeves, Founder of Prestige Funds – initiators of the survey – state there is real danger of … Read more
By Chris Winward The timing of the gas market crisis makes us acutely aware of the potential impacts to the UK public, as people face a winter of energy insecurity, with rising costs to heat their homes. Kwasi Kwarteng, Secretary of State for Business, Energy and Industrial Strategy, was clearly aiming to reassure the … Read more
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What is interseasonal energy storage and how can it increase renewable usage
Interseasonal energy storage can enable decarbonisation of the UK by storing excess energy produced by renewables, so it is ready for when demand is higher.
Read moreEvents 2022
Watch this space to find out the events we are involved in this year!
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