Delivering successful low carbon energy systems in cities
Ricardo's team has been instrumental in the creation and development of the United Kingdom market for renewable energy. Today, Ricardo works closely with a wide range of international clients to identify new markets for renewables. Key among these are low carbon energy supply in cities.
Our experience gives us unique insights into a the technical and commercial range of issues and how these link to wider city issues of transport, water, waste, air quality etc. These insights extend from policies and regulations and their impacts, to novel mechanisms to commercialise renewable energy development. This means that we offer independent and unbiased market, technical, commercial and environmental advice to a range of developers, investors and city authorities.
As a multi-disciplinary business, our approaches to renewable energy implementation are embedded as part of wider solution solving activities. These include smart grid solutions to overcome constraints in the electricity distribution network, mechanisms to improve air quality and helping to support the development of electric vehicle charging infrastructures.
Increasingly, we are also developing solutions that have a high level of community involvement. This is allowing energy supply to become the means by which local social and economic benefits can be delivered within existing investment and development activities.
- Developing the energy circular economy in an urban setting. A major international developer has asked us to help them to identify the role of low carbon electricity supply as part of a circular economy approach. This identifies how locally owned generation infrastructure can displace bought in fossil energy, redistribute wealth, improve the local environment and drive decarbonisation.
- Energy system modelling. Working with a number of cities, we have developed models that allow us to identify properties within a city that are targets for renewable energy systems. Examples are poorly insulated properties, those with space for heat pump installation, groups of properties where the energy demand best matches PV electricity supply, etc.
- New commercial models for electricity supply. Working as part of a major development team, we developed and validated a new, financial viable approach to directly supplying a major city based electricity demand with generation located away from the development. This includes energy supply for buildings and transport needs. This is the means by which cities can overcome the lack of space for the installation of renewables to achieve decarbonisation of buildings and transport targets cost effectively.