Energy / Renewables / Recycling

The Energy sector is key for global sustainability and a successful UK economy. There are opportunities through all tiers of the supply chain - in modernising traditional energy sectors, developing Renewables markets, zero carbon and new technology.

 

In 2022, there is huge uncertainty in the Energy market and supply, both in the UK and globally. COP 26 promised a great deal, but how many of these promises will be fulfilled?As demand increases and supply is threatened, energy prices are surging, suppliers leaving the market, and short-medium term governemt policies are more ambiguous, with longer term implications for the zero carbon target.
 

 

Energy Contribution to the UK Economy 2020

 

- 7.3 % of investment.

- 26.4 % of industrial investment.

- 2.1 % of GVA (Gross Value Added).

- 181,000 people directly employed (6.4% of industrial employment) and more indirectly. 

- 1.2 % of annual business expenditure on R & D in 2019.

 

UK Energy Mix

 

Typically the UK currently (Jan 2022) uses approximatley 51% fossil fuels, predominantly natural gas, 24% Renewables, predominantly Wind Power, followed by Solar Power. Nuclear accounts for approximately 12% of usage and Biomass approximately 6%. Imported energy accounts for approximately 8% of the UK's energy. Energy usage is increasing again, following a decline in 2020/2021 due to the Covid-19 pandemic.

 

UK Electricity Generation (2020)

 

Wind 24.1 % (Offshore 13%, Onshore 11.1%)

Solar 4.3%

Hydro 2.2%

Nuclear 16.1%

Other Renewables 12.6%

Coal 1.8%

Oil & Other 3.3 %

Gas 35.7%

COP26 Outcomes

- Green finance ($130 trillion) for the net zero economy.

- International Sustainability Standards Board for international standards and governance.

- Greater climate transparency and clarity in the private sector.

- Revisiting the Paris Accord and reinforcing 2030 targets, closing loopholes and minimising the risk of double counting.

- Currently on target for 2.4% warming, not achieving the 1.5% target but better than the previous 3-4% target.

- Major international banks committed to ending all international public financing of new unabated coal power at the end of 2021.

- Leaders representing 110 nations signed declaration to reverse deforestation by 2030.

- Nearly 100 countries to decrease methane emissions by 2030.

- Plans to reduce costs of sustainable solutions such as electric vehicles, green steel, sustainable agriculture and hydrogen production.

- Many leading countries agreeing to phase out coal power.

 

                                           


GRA keeps up to date with market, new build and investment trends and governnment energy policy, updating information accordingly to identify new opportunities throughout the supply chain.  There is increasing emphasis on Zero Carbon and ongoing developments in Renewables, aswell as the implementation of nuclear policy.
 


UK Energy Mix - Recent Market Developments, Trends and Opportunities include;

 

- Wind accounts for 24% of electricity generation (Offshore 13% and Onshore 11%) of electricity generation.

- Expansion of North Sea Offshore Wind Energy. In 2022, Crown Estate Scotland announced 17 projects, including floating and bottom-fixed turbines, to generate 25 GW - far larger than expected.

- Offshore expansion at Burbo Bank (quadrupling capacity), Hornsea & Beatrice.

- Solar accounts for 5% of the market - developments in Solar / Photovoltaic technology to increase the adoption rate.

- Hinkley Nuclear Power Plant now well under construction although costs have increased significantly. It is anticipated to be operational in 2025.

- UK Government £100m in Nuclear Power at Sizewell 'C' to encourage further investment.

- Potential development of smaller nuclear reactors and sites e.g. Wylfa.

- Hydrogen and Green Hydrogen projects.

- Support for Electric Vehicle and Battery Gigaplants e.g. Britishvolt at Blyth.

- Developments in EfW (Energy from Waste) and recycling generally, reduction in Landfill.

- High growth in Anaerobic Digestion & Biogas - local authority, municipal waste, agriculture and food industry.

- CHP schemes - often joint ventures between Energy and Manufacturing companies.

- Growth in Hydro and uptake of Micro Hydro technology. Steady stream of new projects.

- Total's new Laggan Tormore Natural Gas Plant on Shetland has commenced production.

- Ongoing decommissioning at Nuclear sites and North Sea Oil.

- UK Governement now intends to phase out Coal Power generation by 2024.

- Limited implementation in Wave and Tidal projects.

 


Extensive research has been conducted amongst equipment suppliers, specifiers and decision-makers at Energy and Utilities companies, aswell as the manufacturing supply chain. Research and prospecting covers established energy sectors / technologies eg power stations, natural gas, nuclear and CHP aswell as renewables, hydro, AD, biogas, wave, marine current and other developing technologies.

 

Decision-making procedures are often complex and it is usual to contact many decision-makers across organisations covering; engineering, procurement, maintenance and plant management, project management, operations, consultants and other specifiers.  Information and databases need to be continuously updated and energy project timescales, construction plans and logistics taken into consideration.
 

 Recent Projects

 

  • Handheld & Laptop / Tablet Computers - Utilities Field Service - Product Development Research
  • Air Curtains / Barriers and Automatic Doors - Desk Research
  • Hydropower Schemes - Site Research / Updates
  • Wind Farms - Onshore & Offshore Site Research / Updates
  • GIS / Surveying Applications & Software for Energy / Utilities - Market Opportunities
  • Pen Computing for Energy / Water Industry Applications - Research
  • Tidal / Wave - Site Research / Updates
  • Power Stations - Transition from Coal, Oil to CHP - Site Research / Trends (decline in coal based power) & Updates
  • AD & Biogas - New Opportunites & Market Developments - within Local Authority Consortiums, Agriculture and Food Industry sectors.
  • Biomass - Market Development Research

 

There are opportunities for manufacturing and service organisations.  GRA targets these opportunities whilst taking into account the challenges facing the supply chain and overcoming barriers to entry.

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