🍺 💡 What does Beer have to do with Energy System Flexibility? This morning Longspur Capital published a 40-page deep dive report on the UK’s Energy System Flexibility from the viewpoint of Drax Group. At its most basic, flexibility is the ability to choose when power is generated and dispatched. As the UK, and most other national grids, transition to net zero they are more reliant on intermittent sources of energy. So they are long renewables but fundamentally short flexibility. This creates huge risks to the stability and reliability of a grid. Drax has a portfolio of assets across uniquely placed to provide the solution. It is likely the financial market’s near-term focus on the sustainability of Drax’ biomass assets is clouding value elsewhere. Specifically the critical role the company plays in the stability of the UK’s future energy system at a time when its sorely needed. More events such as the governments recent REMA report (which placed huge emphasis on the need for flexibility) and the recent government biomass consultation paper (which ruled out mothballing Drax’ biomass assets due to their critical importance) will shift the market’s perception of Drax and its long-term earnings potential. While this research note acts as an extensive teach-in on the flexibility market, our findings drive wholesale changes to our forecasts for Drax resulting in outer year earnings upgrades and an increase in our central case valuation. As for the opening comment about Beer – you’ll have to read on to find out. If you would like a copy of the report and to discuss it please reach out to Adam Forsyth (Head of Research), Adam Robertson, CFA (Distribution), Max Campbell (Research), or Cameron Robertson (Research) or email [email protected]. #energytransition #investmentresearch #flexibility #nationalgrid
Longspur Capital’s Post
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Climate Finance | Advises and Raises Growth Capital for Renewable Energy & Clean Technology Companies | Stockbroking
👇 There is so much valuable knowledge, data, and actionable insight in this research report. It should be the only thing you read cover-to-cover this week. Get in touch if you'd like a copy of the report, or to discuss it with myself or Adam Forsyth at Longspur Capital.
🍺 💡 What does Beer have to do with Energy System Flexibility? This morning Longspur Capital published a 40-page deep dive report on the UK’s Energy System Flexibility from the viewpoint of Drax Group. At its most basic, flexibility is the ability to choose when power is generated and dispatched. As the UK, and most other national grids, transition to net zero they are more reliant on intermittent sources of energy. So they are long renewables but fundamentally short flexibility. This creates huge risks to the stability and reliability of a grid. Drax has a portfolio of assets across uniquely placed to provide the solution. It is likely the financial market’s near-term focus on the sustainability of Drax’ biomass assets is clouding value elsewhere. Specifically the critical role the company plays in the stability of the UK’s future energy system at a time when its sorely needed. More events such as the governments recent REMA report (which placed huge emphasis on the need for flexibility) and the recent government biomass consultation paper (which ruled out mothballing Drax’ biomass assets due to their critical importance) will shift the market’s perception of Drax and its long-term earnings potential. While this research note acts as an extensive teach-in on the flexibility market, our findings drive wholesale changes to our forecasts for Drax resulting in outer year earnings upgrades and an increase in our central case valuation. As for the opening comment about Beer – you’ll have to read on to find out. If you would like a copy of the report and to discuss it please reach out to Adam Forsyth (Head of Research), Adam Robertson, CFA (Distribution), Max Campbell (Research), or Cameron Robertson (Research) or email [email protected]. #energytransition #investmentresearch #flexibility #nationalgrid
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Helping Britain’s councils arrive at well-informed decisions for their electric vehicle charging strategies for residents
Burn baby, burn. Biomass inferno. Looks like a few chickens coming home to roost in the forest burning industry. The better we're able to shape energy demand around proper renewables - wind, solar - the less need there is for burning stuff. That's why I get a little excited about the role #electricvehicles as a major low cost source of variable demand and energy storage, as well as their obvious contribution to decarbonising (depolluting?) road transport. We're doing some interesting stuff on that at char.gy. All the while keeping EV charging affordable for people who don't have a driveway (like me). It's a natural win-win. As for Envivo, that appears to be a classic case of over-claiming, over-expansion and under-investment (buying cheap equipment). Hopefully people learn from this failure. Worth a read... https://lnkd.in/egpdJ_Df #renewableenergy #renewables #energytransition #netzero #stopbs #stopburningstuff
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🌍💡 The U.K. Association for Renewable Energy and Clean Technology highlights the crucial role of Biomass Power in achieving #NetZero goals! #Biomass already provides 13% of our renewable energy and is key to a sustainable future. 🌿💚 Read more ➡️ https://bit.ly/3KWKP7F
UK REA stresses importance of biomass power in meeting net zero goals | Biomass Magazine
biomassmagazine.com
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Our Head of Renewables and SVP of Strategic Development, Clay Corbus, spoke to Biomass Magazine on the ins and outs of Clean Energy - our mission, the markets we operate in, our growth in #RNG fueling, and developing partnerships to become key players in the RNG production space. “Right now, RNG is the only practical solution for heavy-duty vehicles on the road,” Corbus explains. “In the immediate-term, RNG going directly into an RNG truck—a natural gas truck—is the most immediate opportunity and the one that we see growing the fastest.” Read in full here: https://lnkd.in/gSkGhgbJ #renewablenaturalgas #RNG #CleanEnergyFuels
Accelerating A Cleaner Future | Biomass Magazine
biomassmagazine.com
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Growth Leader | VP, Sales & Marketing | Speaker - Strategy & Sales Panelist - Sustainability & Forest Products
Network - last reminder about Tuesday's webinar on the Renewable Fuel Standard for woody biomass! Register today or tomorrow and join Bobby F. and ResourceWise for this hot topic. #rfs2 #woodybiomass #decarbonization #biomass #forestproducts
Last Chance Reminder! Don’t miss your opportunity to register for our #webinar, Navigating the RFS-2 Standard: Unlocking the Potential of Woody Biomass. Led by Bobby F., Sales Manager and Forest Vertical Expert at ResourceWise, you'll gain valuable insights to help you elevate your strategy, navigate compliance, and turn challenges into profitable solutions. 🗓️ Date: Tomorrow, April 23, 2024 ⌚ Time: 2:00–3:00pm EDT Register at the link: https://lnkd.in/e9B3A22Q #biomass #renewable #alternativefuels
Watch Webinar on Renewable Fuel Standard on Woody Biomass
resourcewise.com
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Don't miss an enlightening session at the 1EnergyWorld 2024 Global Energy Conference, titled "Turning Trash into Treasure: How Waste Conversion is Fueling the Biomass Energy Revolution." This session, led by Roger Ford, President of Eureka Energy Corporation, is scheduled for today, April 25, from 3:30 pm to 4:00 pm US ET. Roger Ford, a pioneer in the biomass energy sector, will delve into how converting waste materials into energy is not just an environmental necessity but also a burgeoning economic opportunity. During the session, Ford will explore various technologies and processes involved in transforming organic and inorganic waste into biomass energy, discussing both the challenges and breakthroughs in this field. The discussion will cover the impact of waste conversion on reducing landfill use, lowering greenhouse gas emissions, and producing renewable energy. Ford will also highlight case studies and current projects that showcase the successful application of these technologies on a commercial scale. This session is crucial for environmentalists, policymakers, energy professionals, and anyone interested in sustainable energy solutions. Attendees will gain a comprehensive understanding of the potential of waste conversion to significantly contribute to the energy revolution, turning everyday waste into valuable energy resources. Join us to learn more about how biomass energy is becoming a key player in the global shift towards sustainable development.
Turning Trash into Treasure: How Waste Conversion is Fueling the Biomass Energy Revolution | Roger Ford
https://1businessworld.com
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2023 Billion-Ton Report: An assessment of US Renewable Carbon Resources: Department of Energy Releases Report Outlining How America Can Sustainably Produce More than One Billion Tons of Biomass Per Year
2023 Billion-Ton Report: An assessment of US Renewable Carbon Resources
http://bioplasticsnews.com
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With bioenergy the largest source of renewable energy globally today, HFW is launching a new series of bioenergy related briefings. We begin with the first of three articles on biomass. HFW Partners Sarah Hunt, Dan Perera, Peter Zaman and Michael Buffham start with an introduction to biomass, asking whether "renewable" always means "sustainable" and consider some of the implications for traders, users, and actors in the supply chain. Read the full briefing here: https://lnkd.in/e8saR-W2 For more information on our Commodities capabilities, visit: https://lnkd.in/gPtVpUE #BioEnergy #Biomass #SupplyChainEmissions #SupplyChain #BioDiversity #Renewables #Greenwashing
Bioenergy Series: An introduction to Biomass - Does renewable always mean sustainable?
hfw.com
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Lawyer | Commercial Disputes Troubleshooter | Litigation | Arbitration | Contentious Insolvency | International Trade & Finance
Strong recommend for this excellent introduction \ discussion from four of my HFW colleagues on #biomass, what it is and its usefulness as a source of #renewableenergy. This is the first in a new series on #bioenergy, the #energytransition and #legal implications of #sustainability - more to come!
With bioenergy the largest source of renewable energy globally today, HFW is launching a new series of bioenergy related briefings. We begin with the first of three articles on biomass. HFW Partners Sarah Hunt, Dan Perera, Peter Zaman and Michael Buffham start with an introduction to biomass, asking whether "renewable" always means "sustainable" and consider some of the implications for traders, users, and actors in the supply chain. Read the full briefing here: https://lnkd.in/e8saR-W2 For more information on our Commodities capabilities, visit: https://lnkd.in/gPtVpUE #BioEnergy #Biomass #SupplyChainEmissions #SupplyChain #BioDiversity #Renewables #Greenwashing
Bioenergy Series: An introduction to Biomass - Does renewable always mean sustainable?
hfw.com
Investor relations manager at Drax Group
3moDunkenflaute became my word of the week, and 2024 to date, off the back of this note.