last
updated 22rd December 05
by 4ecotips.com
Technology could help reduce
CO2 by 6.5%
Refocus Weekly reports the cost to
install green heat facilities is lower
than the cost for green power, and
will reduce GHG emissions by a higher
level, according to an analysis prepared
for the UK government.
It cost £4,558 to install each
of the 78,470 solar water heating
systems in Britain, £7,771 for
each of the 150 biomass pellet system
and £9,444 for each of the 546
geothermal (earth energy) heat pumps,
says the Energy Saving Trust and Cambridge
University in a report to show the
potential for microgeneration.
Since incentives were introduced
in 2002, the cost for 6,694 solar
thermal systems has dropped to £3,684,
to £6,699 for 116 biomass facilities
while the price for 500 earth energy
systems rose slightly to £9,690.
By comparison, the price for 1,301
solar PV systems has been £15,484,
£17,134 for 650 wind turbines
and £26,500 for 90 hydroelectric
facilities. The price for 990 micro
cogeneration (combined heat &
power) and 5 fuel cell systems was
not known for the calculation.
The report says the eight renewable
energy technologies could reduce Britain's
CO2 emissions by 6.5% by 2030, of
which earth energy and CHP would each
contribute 1.7% and fuel cells slightly
less, while biomass and wind would
contribute 1% each and solar PV would
be marginal.
The cost of energy from PV in the
UK is currently very high due to large
capital costs of the technology, the
report points out. To maintain uptake,
incentives are required until circa
2030 to achieve cost equivalence."
Domestic PV could be cost-effective
by 2030 if it receives an energy export
equivalence, domestic small wind could
be cost effective by 2010-2015 and
solar water heating does not become
cost competitive with gas boiler water
heating, and will require large cost
reductions to break even with electrical
water heating by 2020.
There currently are less than 100,000
microgeneration installations in Britain,
and the level of grant funding is
closely correlated with annual installations.
The sectors seeing the most yearly
installations are PV and solar water
heating "in response to generous
grant schemes" while the yearly
installations of earth energy heat
pumps and small wind turbines is increasing
rapidly due to support programs and
rapid cost reductions. Micro-CHP is
only beginning to enter the market,
but there is a very large technical
effort on both Stirling engine and
fuel cell technologies.
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