Large Scale Renewable Energy
The number of large scale wind and solar developments in the United Kingdom has grown steadily since the first wind farm was built in 1991 so that between the two technologies there is now around 25 gigawatts of installed capacity made up of over 7,000 wind turbines and 45,000 acres of solar farms.
The United Kingdom is one of the best locations for wind power in the world and is certainly the best location in Europe. Thanks to government support the number of turbines produced has increased and the technology has improved so that they are now far cheaper than they were initially. Despite the subsidies for onshore wind turbines now all but disappearing they can still be financially viable in the correct situation where there is large onsite demand and/or by using a combination of wind generation and battery storage [link to battery page].
Large scale solar developments are relative latecomers compared to windfarms with the first large developments being planned and built following the introduction of the Feed in Tariff scheme in 2010 with the first major sites built in 2011. The Feed in Tariff has now reduced on large scale sites from 32.2p per kWh to 0.51p per kWh a reduction of 98.5%, and while the schemes are not as lucrative to landowners and developers where there are large on site energy requirements and by using a combination of solar generation and battery storage [link to battery page] new sites can still be viable.
We have been involved in Renewable Energy Schemes since 2011 and have negotiated leases on behalf of both landowners and developers in that time. Understanding the business case for each technology is key to understanding the correct financial remuneration for landowners and developers. We work closely with an electrical design engineer who can advise on grid costs and constraints in different locations which helps us determine what contracts a developer may be able to bid into in any given location which allows us to estimate their likely financial return and thus the rent that should be paid to the landowner.