We are excited about exhibiting at UK AD & Biogas Expo this week at the NEC and invite you to visit us on stand
L503.
In recent months we have been working hard to develop and
improve our offer for the bioenergy sector. We are involved in many new and
established projects and initiatives, and continue to develop our client base
in the UK and overseas.
Due to our experience and track
record in securing accreditation and undertaking periodic data submissions for
our clients, we are being recommended as the go-to provider for these services.
Going beyond this, in instances our reputation is so credible that funders are
seeing NNFCC’s involvement as essential, at both the application stage and with
the ongoing sustainability reporting and greenhouse gas (GHG) calculations. Our
own bespoke GHG Calculator for complex multi-input, multi-output supply chains has
recently been approved internally by Ofgem, meaning they instantly recognise
returns submitted using this tool and accept the underlying methodology as
accurately following the guidance – in many cases they simply need to check the
end result comes under the relevant carbon intensity threshold rather than digging
deep into the methodology and underlying calculations.
Our GHG Calculator continues to be widely used by the
industry and we now offer training to accompany the tool, to handhold the user
through the first year of reporting. We work with the developer or system
operator to develop and improve data collection and record keeping, we set up
the tool to reflect each plants supply chain(s) and we ensure the relevant
carbon saving is achieved, before submitting returns to Ofgem via their online
Portal. Our broader knowledge of agriculture and the food industry allows us to
identify where additional savings can be achieved, and to work with the
operator to communicate these improvements to relevant parties in the supply
chain. This includes agronomic and logistical advice, alternative supplier
information and analytical services to optimise plant performance.
The latter is done through an ongoing working partnership
with Amur Energy, part of AB Agri, who help customers
improve the performance of their facilities by optimising gas yields and
providing consistent, unsurpassed feedstock supply that drives industry
standards. Amur Energy will also be exhibiting on stand G401 at the show.
We have also been supporting Alterinvest Capital for over
18 months to identify financial challenges faced by project developers and
system operators who are experiencing lengthy delays with the accreditation
process, allowing them to develop and refine a novel RHI Financing package which
is being launched at the Show. Stephen Stranks of Alterinvest Capital Ltd
comments:
“In the past, delay in the receipt of RHI payments from
Ofgem has often caused cashflow issues for new and operational projects.
As a result, there have been requests from industry representatives to BEIS to
permit Assignment of Rights (AOR) for RHI to enable plant owners to finance
expected RHI receipts. In 2017 AOR for Non-Domestic RHI was refused by BEIS.
Alterinvest Capital together with a specialist bank, have now structured an RHI
Cash Flow scheme which should go a long way to solving the issue of delayed RHI
payments. The benefits are simple – substantially improved working capital for
growth and expansion and improved return on capital providing early breakeven
period. RHI Financing provides more finance options for new and existing plants
as well as the potential to reduce OPEX and debt servicing cost by placing
forecasted RHI in the hands of plant owners. The scheme includes the cost of
handling quarterly RHI claims to Ofgem including sustainability calculations to
demonstrate compliance. We are hoping this will be received favourably within
the industry.”
Alterinvest are on stand J302 at UK AD & Biogas.
These are just two examples of close affiliations we have
with other service providers, allowing us to offer such a breadth of knowledge
and support. Please visit us on stand L503 to discuss specific projects or
opportunities to develop mutually beneficial working partnerships in such a
complex and competitive industry sector.