Makingmoneyfromspace

GageWilliams
WestCountryRenewablesLtd 01208841378orgage@westcountryrenewables.com

Whatyoucandowithoneacre
y Ill show you what can be done with one acre y My acre is windy as it is above 200m y It is close to a business park and/or a large

dairy farm that uses about 400 MWh electricity and about 15,000 litres of heating oil y There is good access to 3 phase 11kV grid

Whatdofarmersdo?
y Through photosynthesis, they have harvested

crops that have got their energy from the sun y Why do we eat food? Because it gives us energy y Farmers like to diversify y Can do this with one acre used to convert wind, solar and geo-thermal into electricity and heat for their own and others use y Heres how

Usingthewind
y Conventional: install a farm scale Endurance 55kW turbine costing 280k and earning c. 60,000 in Yr 1 y Unconventional and available in 3 years: install a 130m wind-fence costing 30,000 and earning 15,000 in Yr 1

Usingthesun
y One acre has space for 250kW solar PV, need eight rows of solar panels, each row is 70m long, rows are 10m apart y Cost 300k generates 250,000 kWh/yr at 11p FIT + 5p sale = 40k in Yr 1 y Wills Bros dairy farm has 4.5 acres of roof y Unconventional in 3 years: could combine wind & solar:

y Fox-proof perimeter fence great for sheep or game pen

Diggingforvictory
y y y y y y y y

One acre can take 70kW Ground Source Heat Pump Needs 700m of 1.2m deep trench to lay slinkies Ten trenches 70m long 7m apart Generates 150,000 kWh of heat pump uses 40,000 kWh of solar or wind electricity 4.3p/kWh of Renewable Heat Incentive earns 6,450 Saves 16,000 litres of heating oil/gas = 11,350 Uses 40,000 kWh electricity at 12p = - 4,800 (free if RE) Net saving 13,000 for GSHP cost of 52,000

Whathasouracreearned?
System E-3120 55kW Turbine 250kW Solar PV 70kW GSHP Totals Cost 280,000 300,000 52,000 632,000 Output Electricity 200 MWh 250 MWh 450 MWh Output Heat 150 MWh 150 MWh Year 1 Net Inc 50,000 40,000 13,000 103,000 ROI 17.8% 13.3% 25.0% 16.3%

About 600 MWh per acre, costs 632k, earns 103k/year remember these figures

GoldenAcreConclusions
y Cornwall has 880,000 acres y Many could be used to earn over 100k/yr y Many could be community owned as a 16% return, RPI linked for 20 years, is unbeatable y Supply companies such as Good Energy could offer discounts for pubs, shops, churches, village halls in return for taking the renewable electricity y Renewables prices are constant unlike fossil fuels y Cornwall could be a net exporter of energy

Howmanyacreswouldweneed?
y Cornwall uses 12,000 GWh/yr (1m tonnes of oil) y This would require 20,000 Golden Acres or

2.3% of Cornwalls 880,000 acres y At 70p/litre, we are spending 840m/yr on energy or 3,600 per Cornish household y 20,000 Golden Acres would earn 2billion/yr y At 632k/acre, this would cost 12.6 billion y Two Hinkley nuclear plants will cost 14 billion, generate 16,000 GWh/yr, have high costs & not deliver until after 2022

TheCornishAlps
y Cornwall has one of the largest brownfield sites

in the UK the Clay Area covers 12,000 acres y Not all the Golden Acres will be in the Clay Area y Existing wind & solar farms plus more single farm turbines & use of large roofs & car parks y 6,000 acres of Cornish Alps used for solar PV, wind-fence/turbines & geothermal, would leave less than 70 acres per parish (0.5% of land)

ClayPits&PumpedStorage
y Cornish Alps has clay pits at different elevations y Clay pits are impermeable no spillage to rivers y Surplus wind & solar could be used to pump

water from lower to higher pits for storage y Water run by pipe to lower pits using turbines to earn peak spot tariffs and ROCs or FITs y Should balance the grid reducing the 20% over-supply that is wasted y Cornish Alps should become the SWs battery

Conclusions
y 20,000 acres (2.3% of Cornwall) could make

Cornwall a net exporter of energy y Turning a cost of 3,600 per home into a profit y Farmers should look to their Golden Acres y The Cornish Alps should become a massive battery using pumped storage to balance the grid y Gets over intermittency of solar and wind y Cheaper than two new nuclear power stations at Hinkley especially full life cycle cost & massive waste of heat