Energy and carbon advisory services
In response to these challenges, Camco Advisory Services Ltd (CAS) spent three years providing strategic and technical advice to public sector agencies and the Northstowe project promoters to inform the innovative models behind getting this low carbon development off the ground.
Getting the project off the ground
The business plan for investment in site-wide renewable energy, e.g. biomass CHP and district heating, was developed by CAS and included mechanisms for commercial delivery. This has helped secure indicative funding of £2.5m, potentially underwriting the significant development risk in investment in primary infrastructure.
Having secured funding, CAS then developed the detailed strategy to take the project into development.
Special Purpose Vehicle
CAS worked with Renewables East to develop an innovative approach to channeling investment into the project and to providing project development expertise to reduce risk for both the land owner and the project promoter. It is intended that development of a site-wide renewable energy scheme will be led by a new Special Purpose Vehicle which will be created by Renewables East and supported by Cambridgeshire Horizons, to lever expertise from across the region and exploit the economies of scale that can come from tackling a portfolio of projects together.
The benefits derived
By ring fencing seed funding for development activities and early stage infrastructure, CAS dramatically improved the viability of the project and produced a development model that will recycle financial benefit for the community for years to come if it is realised.The strategy will deliver over 50% emission savings, equivalent to 500,000 tonnes CO2 over 25 years.
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Low carbon building solutions for the refurbishment of existing properties and development of new-builds.
For new buildings, there is a substantial energy performance gap experienced by clients between the energy use predicted by designers and the metered energy use for operation over a year.
How can the public sector both realise significant reductions in energy cost and carbon emissions from its own operations?
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Delivering low and zero carbon growth
Expansion of pioneering biomass heating syste
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A Sustainable One Planet Living® Community
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Integrated sustainability in the South West
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