1.Provide an initial boost Backing for flagship distributed generation projects, such as virtual power plant applications, would drive rapid cost reductions and serve as a means of demonstrating the capacity of micro CHP to support security of supply and alleviate the need for local network reinforcement due to load growth. Such projects could be financed by the Green Investment Bank and supported by the Low Carbon Networks Fund.
Viable financing for flagship distributed generation projects, such as virtual power plant applications, involving mCHP from a financial institution such as the Green Investment Bank could become a factor for quick cost reductions and scale gains at this early stage. This financing could be accompanied by support from schemes such as the Low Carbon Networks Fund as a means of demonstrating a new operating arrangement that can support security of supply while alleviating the need for local network reinforcement due to anticipated load growth.
But who knows. The announcement does state a number of potential investors.
CFU Price at posting:
5.7¢ Sentiment: LT Buy Disclosure: Held