Switch2 Energy Limited

Cashflow seminar from Switch2 Energy and Carbon Trust


Source: Switch2 Energy Limited

Seminar shows how to manage finance and regulation of heat network development

Developers and investors will learn how to check the finances of heat networks and meet new regulations at a free morning seminar at Manchester Town Hall on Friday 25 November.

The seminar is being hosted by community energy specialist Switch2 Energy and The Carbon Trust, which will introduce its new cashflow quality assurance model for heat network investments.

This seminar will be of interest to public sector bodies running community heating networks, particularly those interested in benefitting from the £320 million Government Heat Network Investment Program funding.

Dr Tanja Groth, Decentralised Energy Manager at Carbon Trust, will show delegates how to use the cashflow quality assurance model to understand the potential risks and rewards of heat network investment and to leverage private sector investment. It has been constructed in accordance with the principles of the CIBSE Heat Networks Code of Practice and will help standardise financial modelling in the heat network industry.

Simon Trevenna, UK Implementation Manager (Heat) at the new Department for Business, Energy and Industrial Strategy (BEIS), will brief delegates on the latest updates to the Heat Network Regulations which stem from the EU Energy Efficiency directive.

Ian Allan, Head of R&D at Switch2 Energy will explain the important role of smart metering in Heat Network design and delivery, particularly in tariff setting, and how to develop metering strategies that comply with the Heat Network Regulations.

'The government has recently announced £320 million to kickstart a projected £2billlion of additional capital investment investment in heat networks', said Ian Allan. 'This seminar will help developers understand how to make the most of that opportunity to deliver financially viable and compliant community and district heating schemes that can decarbonise our cities and provide affordable warmth to relieve fuel poverty.'

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