Centrica Plc · LSE:CNA
Centrica — Adam Smith Institute Future of UK Utilities Conference (March 2008)
8 slides from Centrica's conference presentation, Mar 11, 2008
Slide 1: The challenges and opportunities presented by microgeneration
The challenges g and opportunities pp presented by microgeneration Adam S Ad Smith i h Institute I i Future F off UK Utilities Conference Gearόid Lane Director, British Gas New Energy
Slide 2: Current drivers of growth in microgeneration
Current drivers of growth in microgeneration Economics: Legislative: • Costs falling • Financial Support • Energy prices rising • Planning (Merton) • CO2 p price in power p • Zero Carbon Homes Low carbon products, technologies and services Consumer: • Corporate • Public Service • House Builders • In
Slide 3: Microgeneration technologies in focus
Microgeneration technologies in focus…. Electricity ect c ty Heat eat a and d Power o e Photovoltaic (PV) Wind turbine Stirling Engine H t Heat Solid Oxide Fuel Cells Heat pumps (Ground and Air) Solar Hot water
Slide 4: British Gas and Microgeneration
British Gas and Microgeneration • Leading installation and servicing capabilities • Reputation and trust • Leading supplier of energy efficiency measures • Investment in Ceres Power • Solar thermal capability across GB • Low Carbon Buildings Programme II
Slide 5: Our Low Carbon Building Programme II activities
Our Low Carbon Building Programme II activities Consortium Technologies & Responsibilities: Manufacturers • Supply • installation Wind Turbines • maintenance (Proven, Windsave) Lead GS Heat Pumps Customers Organisation (ECO Heatpumps, H t W/Bosch W/B h & Geothermal International) Solar Thermal Publi
Slide 6: Microgeneration faces many challenges
Microgeneration faces many challenges • Nature of support mechanism – Structure – Level of support • Metering and reward • Planning Pl i • Consumer acceptance p
Slide 7: Domestic heating is a large proportion of the UK's energy mix
Domestic heating is a large proportion of the UK’s energy mix Total UK Energy Domestic 16% Domestic 32% 34% Demand (2006) I d ti l Industrial Other Industrial Other 52% 32% 34% 21% 48% 31% Heating/Cooling Transport Power
Slide 8: Opportunity
Opportunity • We have set huge overarching targets: – 15% of all energy from renewable sources by 2020 – 60% (80%?) reduction of GHG emissions by 2050 • Mistake to think that big targets can only be delivered by big projects • Half of UK energy demand is heat – Over half of this is domestic • The mo
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