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Freetricity
Freetricity is a company that provides residential solar power systems under the feed-in tariffs in the United Kingdom. It was started by Ben Way and Paul Williams who met on ''The Secret Millionaire''. It is reported that the company has access to between $50 million and $700 million in funding for the UK market. They are registered under the Renewable Energy Assurance Ltd's Renewable Energy Consumer Code (REAL). In 2012, the company entered the biomass heating system and heat pump market under the Renewable Heat Incentive scheme. They opposed the government ''Feed-in Tariff A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, ...'' (FIT) cuts, in 2011. References {{Reflist Solar energy companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ben Way
Ben Way is a serial entrepreneur and author best known for his appearance on ''Secret Millionaire'', '' The Startup Kids'' and as a cast member on '' Start-Ups: Silicon Valley'', he started his first company at the age of 15. He went on to raise £25 million in his teens making him one of the first dot com millionaires. Early life Way grew up in a village in Devon. His parents divorced when he was young. He has a sister, Hermione Way, who is a journalist and appeared on a reality TV show with him; they were separated from each other at an early age. Way was diagnosed with dyslexia at a young age and was told by his teachers he would never read or write; however, Way describes his Dyslexia as an advantage. Business history Way started his first company 'Quad', a computer consultancy, at age 15. At the age of 19 he raised £25 million from Jersey-based venture capitalist to create an online shopping comparison technology called Pulsar. However, after a dispute with the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Clean Technology
Clean technology, in short cleantech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Clean technology includes a broad range of technology related to recycling, renewable energy, information technology, green transportation, electric motors, green chemistry, lighting, grey water, and more. Environmental finance is a method by which new clean technology projects can obtain financing through the generation of carbon credits. A project that is developed with concern for climate change mitigation is also known as a carbon project. Clean Edge, a clean technology research firm, describes clean technology "a diverse range of products, services, and processes that harness renewable materials and energy sources, dramatically reduce the use of natural resources, and cut or eliminate emissions and wastes." Clean Edge notes that, "Clea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a major settlement for two millennia. The City of London, its ancient core and financial centre, was founded by the Romans as '' Londinium'' and retains its medieval boundaries.See also: Independent city § National capitals The City of Westminster, to the west of the City of London, has for centuries hosted the national government and parliament. Since the 19th century, the name "London" has also referred to the metropolis around this core, historically split between the counties of Middlesex, Essex, Surrey, Kent, and Hertfordshire, which largely comprises Greater London, governed by the Greater London Authority.The Greater London Authority consists of the Mayor of London and the London Assembly. The London Mayor is distinguished fr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Solar Power
Solar power is the conversion of energy from sunlight into electricity, either directly using photovoltaics (PV) or indirectly using concentrated solar power. Photovoltaic cells convert light into an electric current using the photovoltaic effect. Concentrated solar power systems use lenses or mirrors and solar tracking systems to focus a large area of sunlight to a hot spot, often to drive a steam turbine. Photovoltaics were initially solely used as a source of electricity for small and medium-sized applications, from the calculator powered by a single solar cell to remote homes powered by an off-grid rooftop PV system. Commercial concentrated solar power plants were first developed in the 1980s. Since then, as the cost of solar electricity has fallen, grid-connected solar PV systems have grown more or less exponentially. Millions of installations and gigawatt-scale photovoltaic power stations continue to be built, with half of new generation capacity being solar in 2021. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feed-in Tariffs In The United Kingdom
A feed-in tariff is when payments are given by energy suppliers if a property or organisation generates their own electricity using technology such as solar panels or wind turbines and feeds any surplus back to the grid. In the United Kingdom, they were entered into law by the Energy Act 2008 and took effect from April 2010.Gipe, P"Britain to Launch Innovative Feed-in Tariff Program in 2010"/ref> The scheme closed to new applicants on 31 March 2019. Scope The Feed-In Tariff applies to small-scale generation of electricity using eligible renewable technologies. To encourage development of these technologies, feed-in tariffs pay the generator a certain amount even for energy which the generator themselves consumes. Electricity fed into the grid receives an additional export tariff, currently (May 2020) 5.24p per kWh. Costs for the programme are borne by all British electricity consumers proportionally: all consumers will bear a slight increase in their annual bill, thus allowing e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Secret Millionaire
''The Secret Millionaire'' is a reality television show which originated in the UK, in which millionaires go incognito into impoverished communities and agree to give away tens of thousands of pounds (or tens of thousands of dollars in the US and Australian versions). Members of the community are told the cameras are present to film a documentary. The UK version is produced by production company RDF Media. It first aired in 2006 on Channel 4, with further series in subsequent years. Format In each episode, a millionaire leaves his/her luxurious life behind, takes on a secret identity and lives undercover in a much much poorer area of the country for a week to ten days (in the US version, it is 6 days). Living on a limited budget (Usually less than $150) with no modern conveniences they must forge their own way in the community – working and volunteering alongside the locals and finding individuals or projects whom they think deserve a cut of their fortune. On their final day, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Biomass Heating System
Biomass heating systems generate heat from biomass. The systems fall under the categories of: *direct combustion, *gasification, *combined heat and power (CHP), *anaerobic digestion, *aerobic digestion. Benefits of biomass heating The use of biomass in heating systems is beneficial because it uses agricultural, forest, urban and industrial residues and waste to produce heat and/or electricity with less effect on the Natural environment, environment than fossil fuels. This type of energy production has a limited long-term effect on the environment because the carbon in biomass is part of the natural carbon cycle; while the carbon in fossil fuels is not, and permanently adds carbon to the environment when burned for fuel (carbon footprint). Historically, before the use of fossil fuels in significant quantities, biomass in the form of wood fuel provided most of humanity's heating. A potential source of biomass heating that is the subject of research is cellulose hydrolysis and monome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heat Pump
A heat pump is a device that can heat a building (or part of a building) by transferring thermal energy from the outside using a refrigeration cycle. Many heat pumps can also operate in the opposite direction, cooling the building by removing heat from the enclosed space and rejecting it outside. Units that only provide cooling are called air conditioners. When in heating mode, a refrigerant at outside temperature is being compressed. As a result, the refrigerant becomes hot. This thermal energy can be transferred to an indoor unit. After being moved outdoors again, the refrigerant is decompressed — evaporated. It has lost some of its thermal energy and returns colder than the environment. It can now take up the surrounding energy from the air or from the ground before the process repeats. Compressors, fans, and pumps run with electric energy. Common types are air-source heat pumps, ground-source heat pumps, water-source heat pumps and exhaust air heat pumps. They are al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Heat Incentive
The Renewable Heat Incentive (the RHI) is a payment system in England, Scotland and Wales, for the generation of heat from renewable energy sources. Introduced on 28 November 2011, the RHI replaces the Low Carbon Building Programme, which closed in 2010. The RHI operates in a similar manner to the Feed-in Tariff system, and was introduced through the same legislation - the Energy Act 2008. In the first phase of the RHI cash payments are paid to owners who install renewable heat generation equipment in non-domestic buildings: Commercial RHI. The RHI went live on 28 November 2011 for non domestic buildings. The Coalition Government confirmed its support for the RHI in the October 2010 Spending Review and published details on 10 March 2011. The RHI was extended to domestic buildings on 9 April 2014 after a further series of delays. Three consultations were launched which included proposed domestic tariffs and a long discussion on eligible technologies along with changes to the Non-dome ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, or renewable energy payments) is a policy mechanism designed to accelerate investment in renewable energy technologies by offering long-term contracts to renewable energy producers. This means promising renewable energy producers an above-market price and providing price certainty and long-term contracts that help finance renewable energy investments. Typically, FITs award different prices to different sources of renewable energy in order to encourage development of one technology over another. For example, technologies such as wind power and solar PV are awarded a higher price per kWh than tidal power. FITs often include a "degression": a gradual decrease of the price or tariff in order to follow and encourage technological cost reductions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
