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About this deal

Launched in April 2022, the EU Energy Platform played a crucial role in helping diversify our energy supply throughout 2022. The platform helps coordinate EU action and negotiations with external gas suppliers to prevent EU countries from outbidding each other. The Platform is also leveraging the weight of the EU single market to achieve better conditions for all EU consumers. Selling excess energy on the market: Finally, the developer could sell the excess generation on the market, which is explicitly allowed as per the RFS. We did some further analysis for this option. We have already seen that all the excess generation needs to garner a price of Rs 1.81/kWh to make the project financially viable. Further, as noted above, 30% of the excess energy is within the morning and evening peak hours. If this is valued at the same RTC discovered rate of Rs 3.6/kWh, then the balance of excess energy only needs a market price of Rs 1.03/kWh as opposed to Rs 1.81/kWh. While there is certainly a risk of getting such a price over 25 years, especially with falling wind and solar prices, this could be a potential option to generate additional revenue. We offer prices that can be up to 60% cheaper than the High st. We strive to remain competitive whilst offering the best products and choice at prices you can afford. We are independent, ambitious and family-run, and pride ourselves on providing the best products from leading market players at competitive prices

Wheelabrator Kemsley Generating Station (K3) and Wheelabrator Kemsley North (WKN) Waste to Energy Facility is a significantly high value and hence unless ways are found to monetise it, the project (with installed capacity 5-6 times higher than contracted capacity) will not be viable. Let us assume that if all the unconstrained generation from the entire project capacity is sold at a tariff of Rs 2.6/kWh (comparable to the present discovered price for wind and solar power), the project would be financially sustainable. But we know from the winning bid, that the RTC power (area under the orange line) would be sold at a levelised tariff of Rs 3.6/kWh. Hence all the excess generation, on an average needs to garner a price of at least Rs 1.81/kWh to make the project financially viable. 4 As we have seen earlier, different combinations of wind and solar with their unique generation profiles may result in different levels of excess generation. The table below shows what price would be needed if the excess generation is lower at 45% or 35%.We are dedicated in providing the best in consumer electrical goods and after sales service. Although we are new, our roots are very much electrical. With over 50 years experience in the electrical retail sector, we are a family run, independent retailer. We are AUTHORISED DEALERS for Sony, Sonos, Panasonic, Flexson, Hama and more...

We care and as such aim to provide a personable service unmatched by competitors. We have every confidence that every item we sell will last. If, in the unlikely event there is a fault, we will endeavour to support you as best we can. In May, 2020, SECI’s RTC auction for 400 MW RE power saw a winning first year tariff of Rs 2.9/kWh. With a minimum 80% annual CUF requirement, coupled with stiff penalties for non-compliance, this is certainly a very attractive price for the procurers. However, while the CUFs are comparable with thermal power, it does not offer its dispatchability given the must run status for RE.We work towards our vision by offering training and strategic support to leaders and organizations across the progressive ecosystem. Our programming is designed to capture the full spectrum of leaders: the newly activated/newly politicized, the deeply engaged and committed, those who are seeing a values-aligned community and those who are ready to step into becoming the trainer themselves. Join us re:power is a national organization seeking to build a critical mass of social justice movements and their leaders who embody the ideology and practice of liberatory organizing. In short, it is akin to a large scale RE (wind-solar) project at Rs 2.6/kWh, but with multiple PPAs wherein sale price is differentiated according to value – higher price for more reliable supply and lower price for more variable supply.

Such tenders are certainly welcome and provide one approach for reliable RE integration. However instead of relying only on this approach, policy makers, DISCOMs and system operators should also actively explore options for effective integration at the system level given the diversity and scale of load and supply options they manage. Subsequent to issuing the Request for Selection (RFS) document issued in October, 2019, clarifications were issued on 29th January, 2020. These were followed by five amendments to the RFS issued during January-March, 2020. The broad highlights of the RFS are as follows. As of October 2021, all re:power employees are required to show evidence that they are fully “up-to-date”* with their COVID-19 vaccinations.re:power will consider requests for reasonable accommodations, as required by law. Employees requesting accommodations due to a medical reason, or because of a sincerely held religious belief, must submit a completed Request for Accommodation application form.

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Next, based on this understanding of the monthly and time-wise distribution of the excess generation, we discuss possible sources of revenue / sales avenues for this energy. On Covid-19 & Gathering re:power is a fully remote organization that believes in the power of gathering, both through our in-person trainings and purposefully created staff spaces.

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