Electricity Generation

Energy Minister Eamon Ryan has announced that the €50 million Home Energy Saving Scheme is ‘open for business’.

Sustainable Energy Ireland will accept applications from householders wishing to save money and energy by insulating their properties.

Announcing the opening, Minister Ryan said,

“Since I announced that I had secured the funding for this scheme, there has been an unprecedented level of interest from the public.
Sustainable Energy Ireland has received 94,000 calls and website visits. SEI has assured me that from today applications received online will be processed in under 3 days. I am pleased that so soon after the initial announcement we are up and running, with all the proper procedures in place.
We need even more qualified contractors to come on board in order to deliver this scheme. I would urge contractors to register with SEI and secure a major business boost for themselves in the process. The level of public interest is such that contractors can be assured of work for themselves and for new employees through this Government scheme.
Sustainable Energy Ireland will emphasise quality throughout the scheme, ensuring that homeowners get the best workmanship and value for money.
Insulation is the single best way of saving money on energy. This Scheme will see homeowners save up to €700 annually on their electricity bills. This, coupled with recent reductions in electricity prices is great news for consumers in these tight times.
Construction workers will benefit from the thousands of jobs this scheme will create. It’s good news for our pockets, for the economy and for the environment”.

Householders and contractors can apply online at www.sei/hes or by calling the dedicated phone line 1850 927000

Eligibility:

• The scheme is aimed at older houses that would not typically have the energy efficiency features of recently built homes. The scheme is open to all houses built prior to 2006. Houses built from 2006 onwards should be built to the Building Regulations 2002 standard, which specifies high quality insulation and heating controls

Objectives:

1. To reduce energy use and CO2 emissions from the existing housing stock, and
2. To support the development of the energy services industry in Ireland.

Eligible measures:

• The eligible measures and the set grant amounts available.

• The typical improvement in BER rating that could be expected from each individual measure, done in isolation. Note that in estimating the total potential BER improvement, if the full range of meas ures is installed, the potential BER improvements for each measure should not be added together.

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The typical payback period for each measure, arising from energy saved.

1. Measure
2. Grant rate
3. Typical net BER improvement
4. Typical payback (years)

Roof Insulation
€250
10-20%
3-6

Cavity Wall Insulation
€400
15-20%
4-5

Internal Wall Insulation
€2,500
25-30%
7-10

External Wall Insulation
€4,000
25-30%
15-20

High efficiency boiler plus heating control upgrade
€700
25-30%
4-5

Heating control upgrade only
€500
15 -25%
4-5

Building Energy Rating
€200

Minimum investment:

• A minimum level of investment is required of householders to participate in the scheme. Householders must avail of measures (excluding BER) involving a minimum grant payment of €500 for a first application. This means that hou seholders cannot avail of a grant for roof insulation or cavity wall insulation only. These low cost measures must be undertaken together or with another measure.

Heating controls and boilers:

• To avail of the €500 grant for heating controls, a homeowner must install a range of time, temperature and zone controls on their heating system and electric immersion water cylinder. This low cost measure can improve a home’s BER rating by up to 25%, yet has a payback of only 4 to 5 years.

• While heating controls can be added to an existing heating system, it is particularly attractive to any homeowner replacing their boiler to also install heating controls at that time. Under the Building Regulations 2008, anybody replacing an existing oil or gas boiler must install a condensing boiler with a minimum seasonal efficiency of 86%. Condensing boilers with an efficiency of up to 95% are available on the market. This additional efficiency can lead to significant savings . A grant of €200 towards the cost of these higher efficiency boilers is available to any homeowner who is also installing heating controls.

Wall insulation options:

• To insulate the walls of their home, owners may have a choice of cavity wall, internal or external insulation, depending on the construction of their home. Homeowners should seek professional advice on which option is most suitable for their home.

• Where a house has a suitable cavity, then cavity wall insulation is the most economical investment. Where this is not possible the options are either internal dry lining or external insulation. Internal dry lining, while considerably less expensive than external insulation, will ultimately reduce somewhat the internal habitable space of the home and may not be practical where there is decorative internal plasterwork. External wall insulation may prove preferable where a significant upgrade to the external facade is already envisaged. Both may resul t in additional works in order to reinstate electrical, plumbing and glazing fixtures.

Building Energy Rating:

• A BER assessment is not required for participation in the scheme. However, a BER carried out prior to works can provide useful advice to a homeowner on the upgrade measures he or she needs to take to improve the home’s energy efficiency. A BER conducted after the measures are finished can establish the impact of the works and give the homeowner comfort regarding their investment.

• To avail of the BER grant of €200, a homeowner must have a BER assessment conducted before and after works. Anybody wishing to secure the services of a registered BER assessor can find details at www.sei.ie/ber . Homeowners should shop around for the best price.

Kedco plc is pleased to announce that the Government of  Latvia has offered a contract for Kedco to supply 4MW of electricity generated from biomass renewable sources through the Company’s existing grid connection.

Kedco currently has a wood processing facility in Vudlande, Latvia and it has always been the Board’s ambition to build a gasification plant on this site. The Latvian Government has agreed an initial five-year project during which the energy generated on the Vudlande site will be sold at a variable price referenced to the prevailing wholesale gas price. The Board estimates that the 4MW gasification plant could generate up to approximately €24m in revenues for the project over the initial term (based on an indicative price of €150 per MWh).

The Board is currently considering the financing and timing implications of the Latvian project and will make a further announcement in due course.

5 Letters of intent signed

Kedco is also pleased to announce that, as of 16 March 2009, it has signed a further five non-binding letters of intent (“LoI”) with prospective partners for gasification and anaerobic digestion electrical energy generating plants. The five new LoIs are from the project pipeline disclosed in the Company’s admission document. The Company now has a total of 12 LoIs agreed with potential partners.

Kedco is in various stages of contract negotiation and planning in relation to these specific opportunities. Each of the five new agreements relate to sites for anaerobic digestion or gasification projects and will involve the construction of new plants within a partnership structure in accordance with the strategy outlined at the time of the
Company’s admission to AIM.

Donal Buckley, Chief Executive of Kedco, commented:
“We are thrilled with the progress that we have made since our flotation in October 2008 and the signing of five further letters of intent is additional confirmation of the Kedco team’s hard work and dedication.  “The Latvian 4MW contract has been secured through our strong working relationship with the Government which was formed by way of our established Latvian wood-processing plant. This contract to supply electricity to the Government is testament to our team in Latvia and our cleantech energy capabilities and expertise.”

Read the Full release here

The Government have today announced that Farmers and households will be able to sell excess electricity back to the national grid.

Energy Minister Eamon Ryan stated that the first 4,000 installations around the country will get a guaranteed 19cent a KWh. Minister Ryan went on to say “We are changing the rules and changing the nature of electricity generation in Ireland.

Before you received your power from a central source and paid for it. Now you can generate for yourself and be paid for the excess you don’t use.

This type of on-site electricity generation will boost the rural economy. It will put more money into consumers’ pockets. This type of long-term investment with a guaranteed return represents the best value for spending and lending.

All our farms and houses can be micro-generators. We can use our abundant natural resources to bolster the economy, create green-collar jobs and reduce carbon emissions at the same time.

Every year, we send €6 billion out of this country on fossil fuels. This type of generation will help reduce this dependence and this outflow of money. We do not want to be dependent on Russia or Saudi Arabia for our energy needs; we can supply our own.”

Kedco provide Micro Generation Technologies to enable you generate electricity
Kedco provide the micro generation technologies(e.g Wind) which will enable you to generate your own electricity, so don’t wait and Contact us today for more information