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Bristol Energy Coop Announce Solar Switch On

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Solar farm LW

Bristol Energy Cooperative’s (BEC) new solar farm in Lawrence Weston, Bristol, is successfully generating power. News that the solar farm was switched on this morning means that BEC’s £9 million solar portfolio makes it the largest community energy company by capacity.

Each year, this new solar farm, lying on the eastern edge of Avonmouth (at the junction of the M5 and M49 motorways), will generate enough electricity to power 1,000 average homes. As a non-profit organisation, BEC will use the money from the energy generation of this solar farm and its wider portfolio to fund £4 million of social projects across Greater Bristol and Somerset over the 25 years of the projects.

New Mayor of Bristol, Marvin Rees, who grew up in Lawrence Weston, had earlier joined BEC to celebrate the start of construction of the site. In just six weeks a 4.2MWp solar farm has been built by Solarcentury, transforming the under-used landscape to the benefit of the local economy and furthering the transition to clean, green energy.

In addition, BEC has just completed installing solar panels on Coniston Community Centre, which will help the organisation reduce its electricity bills. This follows BEC’s installations earlier this year on Easton Community Centre and Brentry and Henbury Children’s Centre.

Andy O’Brien, co-director of BEC said: “Our new solar farm at Lawrence Weston illustrates how the local community can participate in the renewables revolution. We’re proud that in such a short space of time, with the help of our investors and partners, we’ve transformed an under-used site into an operational solar farm and are sharing the benefits with the local area through our community fund.

“With less than a week to go until our bond offer closes, we encourage people to get involved and help us continue this exciting transition in how we power our cities and communities. It’s an opportunity for people to make a financial return on their investment as well as knowing that their money is being invested in all our futures by helping to lower carbon emissions.”

Tim Rose, Sales Director Europe at Solarcentury commented: “We are delighted to have been selected to build this project for the Bristol Energy Co-op, the sixth community energy group for whom Solarcentury has constructed a solar farm. Making solar accessible is part of our mission and community groups are an important part of the solar footprint here in the UK. The site was connected in just six weeks, thanks to our skilled project team and engineering expertise. We hope the Bristol Energy Co-op and all its investors are proud of having this clean energy generation system in their local community.” 

BEC is raising money to bring more clean energy to Bristol and beyond through a 2-year fixed-term bond offer. Time is running out to invest in this bond, which closes on Thursday 30 June 2016, with its up to 6% returns on investments over £500.

BEC is also running a share offer which offers up to 5% pa returns on investments between £50 and £100,000 made before 31 July.

Find out more about BEC’s current fund-raise on the website and how to invest via positive investment portal, Ethex.

Energy

7 New Technologies That Could Radically Change Our Energy Consumption

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Energy Consumption
Shutterstock Licensed Photo - By Syda Productions | https://www.shutterstock.com/g/dolgachov

Most of our focus on technological development to lessen our environmental impact has been focused on cleaner, more efficient methods of generating electricity. The cost of solar energy production, for example, is slated to fall more than 75 percent between 2010 and 2020.

This is a massive step forward, and it’s good that engineers and researchers are working for even more advancements in this area. But what about technologies that reduce the amount of energy we demand in the first place?

Though it doesn’t get as much attention in the press, we’re making tremendous progress in this area, too.

New Technologies to Watch

These are some of the top emerging technologies that have the power to reduce our energy demands:

  1. Self-driving cars. Self-driving cars are still in development, but they’re already being hailed as potential ways to eliminate a number of problems on the road, including the epidemic of distracted driving ironically driven by other new technologies. However, even autonomous vehicle proponents often miss the tremendous energy savings that self-driving cars could have on the world. With a fleet of autonomous vehicles at our beck and call, consumers will spend less time driving themselves and more time carpooling, dramatically reducing overall fuel consumption once it’s fully adopted.
  2. Magnetocaloric tech. The magnetocaloric effect isn’t exactly new—it was actually discovered in 1881—but it’s only recently being studied and applied to commercial appliances. Essentially, this technology relies on changing magnetic fields to produce a cooling effect, which could be used in refrigerators and air conditioners to significantly reduce the amount of electricity required.
  3. New types of insulation. Insulation is the best asset we have to keep our homes thermoregulated; they keep cold or warm air in (depending on the season) and keep warm or cold air out (again, depending on the season). New insulation technology has the power to improve this efficiency many times over, decreasing our need for heating and cooling entirely. For example, some new automated sealing technologies can seal gaps between 0.5 inches wide and the width of a human hair.
  4. Better lights. Fluorescent bulbs were a dramatic improvement over incandescent bulbs, and LEDs were a dramatic improvement over fluorescent bulbs—but the improvements may not end there. Scientists are currently researching even better types of light bulbs, and more efficient applications of LEDs while they’re at it.
  5. Better heat pumps. Heat pumps are built to transfer heat from one location to another, and can be used to efficiently manage temperatures—keeping homes warm while requiring less energy expenditure. For example, some heat pumps are built for residential heating and cooling, while others are being used to make more efficient appliances, like dryers.
  6. The internet of things. The internet of things and “smart” devices is another development that can significantly reduce our energy demands. For example, “smart” windows may be able to respond dynamically to changing light conditions to heat or cool the house more efficiently, and “smart” refrigerators may be able to respond dynamically to new conditions. There are several reasons for this improvement. First, smart devices automate things, so it’s easier to control your energy consumption. Second, they track your consumption patterns, so it’s easier to conceptualize your impact. Third, they’re often designed with efficiency in mind from the beginning, reducing energy demands, even without the high-tech interfaces.
  7. Machine learning. Machine learning and artificial intelligence (AI) technologies have the power to improve almost every other item on this list. By studying consumer patterns and recommending new strategies, or automatically controlling certain features, machine learning algorithms have the power to fundamentally change how we use energy in our homes and businesses.

Making the Investment

All technologies need time, money, and consumer acceptance to be developed. Fortunately, a growing number of consumers are becoming enthusiastic about finding new ways to reduce their energy consumption and overall environmental impact. As long as we keep making the investment, our tools to create cleaner energy and demand less energy in the first place should have a massive positive effect on our environment—and even our daily lives.

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Energy

Responsible Energy Investments Could Solve Retirement Funding Crisis

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Energy Investments
Shutterstock / By Sergey Nivens | https://www.shutterstock.com/g/nivens

Retiring baby-boomers are facing a retirement cliff, at the same time as mother nature unleashes her fury with devastating storms tied to the impact of global warming. There could be a unique solution to the challenges associated with climate change – investments in clean energy from retirement funds.

Financial savings play a very important role in everyone’s life and one must start planning for it as soon as possible. It’s shocking how quickly seniors can burn through their nest egg – leaving many wondering, “How long your retirement savings will last?

Let’s take a closer look at how seniors can take baby steps on the path to retiring with dignity, while helping to clean up our environment.

Tip #1: Focus & Determination

Like in other work, it is very important to focus and be determined. If retirement is around the corner, then make sure to start putting some money away for retirement. No one can ever achieve anything without dedication and focus – whether it’s saving the planet, or saving for retirement.

Tip #2: Minimize Spending

One of the most important things that you need to do is to minimize your expenditures. Reducing consumption is good for the planet too!

Tip #3: Visualize Your Goal

You can achieve more if you have a clearly defined goal in life. This about how your money can be used to better the planet – imagine cleaner air, water and a healthier environment to leave to your grandchildren.

Investing in Clean Energy

One of the hottest and most popular industries for investment today is the energy market – the trading of energy commodities. Clean energy commodities are traded alongside dirty energy supplies. You might be surprised to learn that clean energy is becoming much more competitive.

With green biz becoming more popular, it is quickly becoming a powerful tool for diversified retirement investing.

The Future of Green Biz

As far as the future is concerned, energy businesses are going to continue getting bigger and better. There are many leading energy companies in the market that already have very high stock prices, yet people are continuing to investing in them.

Green initiatives are impacting every industry. Go Green campaigns are a PR staple of every modern brand. For the energy-sector in the US, solar energy investments are considered to be the most accessible form of clean energy investment. Though investing in any energy business comes with some risks, the demand for energy isn’t going anywhere.

In conclusion, if you want to start saving for your retirement, then clean energy stocks and commodity trading are some of the best options for wallets and the planet. Investing in clean energy products, like solar power, is a more long-term investment. It’s quite stable and comes with a significant profit margin. And it’s amazing for the planet!

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