Earlier this year, three students from UK universities were recognised for their academic research into renewable energy technologies, as part of Privilege Finance’s Innovation Award. Here, the winners share insights from their research and their perspectives on what opportunities lie ahead for the renewables industry. Award winner – Sarah Farthing, PhD student, University of Nottingham … Read more
Development works at an anaerobic digestion (AD) plant in Norfolk will see Attleborough town become one of the first in the UK to be supplied mainly with green gas. As part of a £17m upgrade project led by Privilege Finance, 100,000 tonnes of food waste collected from local households and businesses will be processed by … Read more
From June 2023, all local authorities in England will be required to ensure separate household collections of food waste are in place. This will mean approximately 2.3Mt[1] of banana skins, egg shells and other food waste will no longer be destined for landfill along with other household rubbish, but will be collected separately and processed … Read more
Privilege Finance has responded to the Government’s sixth carbon budget, which commits to cutting emissions by 78% by 2035. “We are wholeheartedly supportive of the Government’s world-leading ambitions to reduce carbon emissions to this level,” says Chris Winward, Director at Privilege Finance. “However, as a UK-based financer focused on climate change reduction, we have invested … Read more
An industry award programme for students has been relaunched with a new focus on rewarding innovative approaches and research into climate change solutions. The Climate Change Thought Leadership Award run by Privilege Finance, specialist funder of climate change reduction projects, is now open to applications from undergraduate, masters, or PhD students at UK universities, until … Read more
By Chris Negus, Business Development Manager at Privilege Finance In anaerobic digestion (AD), waste materials such as food waste, can be processed to generate energy, enabling a circular system in which waste is diverted from landfill to power or heat homes, or be used in transport. Carbon capture and storage (CCS) and utilisation (CCU) technology … Read more
The decision to build an anaerobic digestion (AD) plant near Pontefract which can accept a wide range of feedstock types including packaged food waste, solid and liquid food waste, crops and agricultural waste, has paid off at Lanes Farm Energy. Feedstock flexibility has enabled the AD plant to continue functioning throughout its first year of … Read more
One million houses are now being powered by green energy, as a result of anaerobic digestion (AD) projects funded by Privilege Finance specialists in climate change reduction financing. The projects generate a total of over 1.3 TerraWatts of energy per year, meaning each day they generate 3.5 GW, which translates to approximately 1 million homes … Read more
A student from the University of Nottingham wins the inaugural Innovation Award for research into renewable energy from waste or related technologies. The winner of the award was Sarah Farthing from the University of Nottingham, whose research focused on understanding the feasibility of hydrothermal carbonisation as a treatment for anaerobic digestate. The award, run by … Read more
By Chris Winward The result of the US election is clearly a win for anyone who cares about the climate. Joe Biden has made it clear that he intends the US to re-join the Paris agreement and has pledged $2tn to spend on clean energy. But how much of an impact will the election … 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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