Today Tidal Lagoon Power launches ‘Ours to Own’, a report regarding the scale of the British industrial opportunity which is presented by tidal lagoons. This report is available at tidallagoonpower.com.
The company has at the same time launched a tender for the design and construction of a new £22m Turbine Manufacturing & Pre-Assembly Plant in Swansea Bay, to be the beating heart of a Made in Britain tidal lagoon turbine industry.
Swansea Bay Tidal Lagoon has been brought forward as a pathfinder project for UK and international tidal lagoons at full-scale. Tidal Lagoon Power has over five years worked with the supply chain to write Welsh and British industry into the DNA of this new global market from the outset.
Ours to Own sets out how Britain’s first mover advantage in the production of major components for tidal lagoon turbines, generators and turbine housings at Swansea Bay can be sustained and grown as the tidal lagoon sector scales in the UK and worldwide.
“British industry sees a number of attractions in tidal lagoons – predictable energy generation to maintain security of supply, the potential for long term cost reduction with deployment at scale, and significant opportunities for British manufacturing during construction”, comments Jeremy Nicholson, Director, Energy Intensive Users Group.
The immediate opportunity is for the UK’s engineering, construction, steel and manufacturing industries to win contracts totalling over £800m at Swansea Bay and over £6bn for the first project to employ its template at full-scale at Cardiff.
In addition to significant value captured through project design, services and operations, as well as more than half a billion pounds of investment in new UK industrial facilities, the report finds the potential value of the tidal lagoon sector to UK industry to be:
- Domestic market for Made in Britain tidal lagoon turbines and generators = £17bn
- Domestic market for Made in Britain tidal lagoon turbine housings = £24bn
- Exports to international tidal lagoon market = £30bn
“This report captures the hard work of today’s industrialists to ensure tidal lagoons are British-engineered, that the manufacturing supply chain is British, and that we seize and own what can be a seventy billion pound sector for this nation. It is an extraordinary opportunity, explains Mark Shorrock, Tidal Lagoon Power’s chief executive.
180 years ago Brunel built the Great Western Railway and we still celebrate that British manufacturing and engineering success today.
“A roll out of tidal lagoons will be of equally significant scale and will also benefit our country for over a century”.
“It is a textbook case”, says Roger Evans MBE, Chair of the independent Tidal Lagoon Industry Advisory Group. “We have the natural resource, we need the power and we have the manufacturing skills to take on the challenge ourselves. A huge domestic market creates the ideal conditions for standardisation and mass manufacture, giving the UK a competitive edge on the world stage.”
“Perhaps the most appealing aspect of this plan is that it zooms in on those hard-to-reach corners of the Welsh and national economy”, says Robert Lloyd Griffiths OBE, Director, Institute of Directors, Wales.
The 100m long Turbine Manufacturing & Pre-Assembly Plant will be located between the Kings and Queens Dock at Swansea Bay, following a competitive tender of potential locations for the facility last year. The facility will receive major turbine components from manufacturers across Wales and wider Britain, with all machining and pre-assembly of the sixteen 7.2m runner diameter turbines required by the pathfinder tidal lagoon taking place on site. The facility, future proofed for exponential market growth, will initially employ up to 100 skilled workers, with an additional 150 project workers accommodated in an onsite office welfare area. Further tender details are available at: www.sell2wales.gov.wales/
Is Wood Burning Sustainable For Your Home?
Wood is a classic heat source, whether we think about people gathered around a campfire or wood stoves in old cabins, but is it a sustainable source of heat in modern society? The answer is an ambivalent one. In certain settings, wood heat is an ideal solution, but for the majority of homes, it isn’t especially suitable. So what’s the tipping point?
Wood heat is ideal for small homes on large properties, for individuals who can gather their own wood, and who have modern wood burning ovens. A green approach to wood heat is one of biofuel on the smallest of scales.
Is Biofuel Green?
One of the reasons that wood heat is a source of so much divide in the eco-friendly community is that it’s a renewable resource and renewable has become synonymous with green. What wood heat isn’t, though, is clean or healthy. It lets off a significant amount of carbon and particulates, and trees certainly don’t grow as quickly as it’s consumed for heat.
Of course, wood is a much less harmful source of heat than coal, but for scientists interested in developing green energy sources, it makes more sense to focus on solar and wind power. Why, then, would they invest in improved wood burning technology?
Solar and wind technology are good large-scale energy solutions, but when it comes to small-space heating, wood has its own advantages. First, wood heat is in keeping with the DIY spirit of homesteaders and tiny house enthusiasts. These individuals are more likely to be driven to gather their own wood and live in small spaces that can be effectively heated as such.
Wood heat is also very effective on an individual scale because it requires very little infrastructure. Modern wood stoves made of steel rather than cast iron are built to EPA specifications, and the only additional necessary tools include a quality axe, somewhere to store the wood, and an appropriate covering to keep it dry. And all the wood can come from your own land.
Wood heat is also ideal for people living off the grid or in cold areas prone to frequent power outages, as it’s constantly reliable. Even if the power goes out, you know that you’ll be able to turn up the heat. That’s important if you live somewhere like Maine where the winters can get exceedingly cold. People have even successfully heated a 40’x34’ home with a single stove.
Benefits Of Biomass
The ultimate question regarding wood heat is whether any energy source that’s dangerous on the large scale is acceptable on a smaller one. For now, the best answer is that with a growing population and limited progress towards “pure” green energy, wood should remain a viable option, specifically because it’s used on a limited scale. Biomass heat is even included in the UK’s Renewable Heat Initiative and minor modifications can make it even more sustainable.
Wood stoves, when embraced in conjunction with pellet stoves, geothermal heating, and masonry heaters, all more efficient forms of sustainable heat, should be part of a modern energy strategy. Ultimately, we’re headed in the direction of diversified energy – all of it cleaner – and wood has a place in the big picture, serving small homes and off-the-grid structures, while solar, wind, and other large-scale initiatives fuel our cities.
7 Benefits You Should Consider Giving Your Energy Employees
As an energy startup, you’re always looking to offer the most competitive packages to entice top-tier talent. This can be tough, especially when trying to put something together that’s both affordable but also has perks that employees are after.
After all, this is an incredibly competitive field and one that’s constantly doing what it can to stay ahead. However, that’s why I’m bringing you a few helpful benefits that could be what bolsters you ahead of your competition. Check them out below:
One benefit commonly overlooked by companies is offering your employees financial advising services, which could help them tremendously in planning for their long-term goals with your firm. This includes anything from budgeting and savings plans to recommendations for credit repair services and investments. Try to take a look at if your energy company could bring on an extra person or two specifically for this role, as it will pay off tremendously regarding retention and employee happiness.
While often included in a lot of health benefits packages, offering your employees life insurance could be an excellent addition to your current perks. Although seldom used, life insurance is a small sign that shows you care about the life of their family beyond just office hours. Additionally, at such a low cost, this is a pretty simple aspect to add to your packages. Try contacting some brokers or insurance agents to see if you can find a policy that’s right for your firm.
Dedicated Time To Enjoy Their Hobbies
Although something seen more often in startups in Silicon Valley, having dedicated office time for employees to enjoy their passions is something that has shown great results. Whether it be learning the piano or taking on building a video game, having your team spend some time on the things they truly enjoy can translate to increased productivity. Why? Because giving them the ability to better themselves, they’ll in turn bring that to their work as well.
The Ability To Work Remotely
It’s no secret that a lot of employers despise the idea of letting their employees work remotely. However, it’s actually proven to hold some amazing benefits. According to Global Workplace Analytics, 95% of employers that allow their employees to telework reported an increased rate of retention, saving on both turnover and sick days. Depending on the needs of each individual role, this can be a strategy to implement either whenever your team wants or on assigned days. Either way, this is one perk almost everyone will love.
Even though it’s mandated for companies with over 50 employees, offering health insurance regardless is arguably a benefit well received across the board. In fact, as noted in research compiled by KFF, 28.6% of employers with less than 50 people still offered health care. Why is that the case? Because it shows you care about their well-being, and know that a healthy employee is one that doesn’t have to worry about astronomical medical bills.
Unlimited Time Off
This is a perk that almost no employer offers but should be regarded as something to consider. According to The Washington Post, only 1-2% of companies offer unlimited vacation, which it’s easy to see why. A true “unlimited vacation” program could be a firm’s worse nightmare, with employees skipping out every other week to enjoy themselves. However, with the right model in place that rewards hard work with days off, your employees will absolutely adore this policy.
A Full Pantry
Finally, having a pantry full of food can be one perk that’s not only relatively inexpensive but also adds to the value of the workplace. As noted by USA Today, when surveying employees who had snacks versus those who didn’t, 67% of those who did reported they were “very happy” with their work life. You’d be surprised at how much of a difference this could make, especially when considering the price point. Consider adding a kitchen to your office if you haven’t already, and always keep the snacks and drinks everyone wants fully stocked. Doing so will increase morale tremendously.
Compiling a great package for your energy company is going to take some time in looking at what you can afford versus what’s the most you can offer. While it might mean cutting back in other areas, having a workforce that feels like you genuinely want to take care of them can take you far. And with so many different benefits to include in your energy company’s package, which one is your favorite? Comment with your answers below!