Incorporation of around 4MW of biomass boilers at Biomass locations suitable for heat provision to existing or future £575,000 Boilers buildings and supplementary injection into Veolia distribution pipework. Increase in 6.5MWe of offsite Wind generation via an Offsite Wind additional turbine at the AMRC site and potential £15,000,000 multiple turbines at the Harpur Hill site. 6 Implementation Plan financing TO BE UPDATED It is acknowledged that significant investment will be required to undertake the main emissions reduction actions identified above. The identification of appropriate internal and external investment streams will be essential to ensure for the schemes are implemented and the emission target reductions achieved. 6.1 Internal Financing 6.2 External financing A further option for the funding of identified carbon saving measures and projects is to seek external financing. A primary source for such funding is HEFCE who, through Salix Finance Ltd, offer repayable loans in relation to energy efficiency and carbon reduction measures. The most recent HEFCE/Salix funding mechanism is the 5’ scheme which allows ‘SEELS public sector bodies to apply for an interest free loan to finance up to 100% of the costs of energy saving projects, subject to the meeting of certain eligibility criteria. This initial tranche of loans are paid back to Salix on a 6 monthly basis over a period of 4 years with projects having to be completed within a 9 month timeframe from the commitment date. 7 Stakeholder management and communications TO BE UPDATED A key element of the recent Energy Strategy study was the consultation and communication with identified stakeholders, both internal to the University and external. Internally, a number of workshops were held with a number of identified University Faculties, with the aim of engaging stakeholders in an inclusive process, enabling them to provide their own perspectives and ideas to feed into the Energy Strategy. This ensured that all potential interventions proposed were realistic, achievable and would address the agendas of all stakeholders. In particular, these workshops aimed to build
Biomass Boilers Incorporation of around 4MW of biomass boilers at locations suitable for heat provision to existing or future buildings and supplementary injection into Veolia distribution pipework. £575,000 Offsite Wind Increase in 6.5MWe of offsite Wind generation via an additional turbine at the AMRC site and potential multiple turbines at the Harpur Hill site. £15,000,000 6 Implementation Plan financing TO BE UPDATED It is acknowledged that significant investment will be required to undertake the main emissions reduction actions identified above. The identification of appropriate internal and external investment streams will be essential to ensure for the schemes are implemented and the emission target reductions achieved. 6.1 Internal Financing 6.2 External financing A further option for the funding of identified carbon saving measures and projects is to seek external financing. A primary source for such funding is HEFCE who, through Salix Finance Ltd, offer repayable loans in relation to energy efficiency and carbon reduction measures. The most recent HEFCE/Salix funding mechanism is the ‘SEELS 5’ scheme which allows public sector bodies to apply for an interest free loan to finance up to 100% of the costs of energy saving projects, subject to the meeting of certain eligibility criteria. This initial tranche of loans are paid back to Salix on a 6 monthly basis over a period of 4 years with projects having to be completed within a 9 month timeframe from the commitment date. 7 Stakeholder management and communications TO BE UPDATED A key element of the recent Energy Strategy study was the consultation and communication with identified stakeholders, both internal to the University and external. Internally, a number of workshops were held with a number of identified University Faculties, with the aim of engaging stakeholders in an inclusive process, enabling them to provide their own perspectives and ideas to feed into the Energy Strategy. This ensured that all potential interventions proposed were realistic, achievable and would address the agendas of all stakeholders. In particular, these workshops aimed to build
CMP_Arup_RevB_2012-08-24.docx