What Renewable Technology Should I Invest In?

With things changing at a rapid rate, you find yourself struggling to work out what the different forms of technology does and how it can work for you. What this means is that you might want to carry out a Renewable Energy Feasibility Study. This will analyse the different forms of heating and microgeneration renewable and then help you determine what will fit your specific needs. 

When it comes to many different options that are considered to be small-scale energy systems, it is common to feel overwhelmed by the options that are available. You might be wondering what is the best option between Solar PV or Solar Thermal while you might be wondering if a wind turbine is suitable for where you live. You might also be concerned about the cost and have no idea what funding is available for you. There are so many variables and things to consider that it is natural to feel slightly lost.

With this in mind, what does a Renewable Energy Feasibility Study consider?

When it comes to a Renewable Energy Feasibility Study, not everyone is seeking the same thing and that makes every study different from each other. You might be looking to make your property as low-impact as possible, regardless of what it costs while you might be looking to invest in a technology that will enable you to benefit from payback over time. Maybe you have a lot of land that you can use or a property that is exposed to wind that you might be able to take advantage of. Everyone has a different set of needs and that is why a feasibility study is an ideal way to pick out the main requirements of each case.

In the same way that every brief and study is different, so is every property unique. The reality is that the technology that could work for a rural property such as a farm is unlikely to work for a property that is located on an urban or suburban housing estate. Even if your neighbours have installed solar panels and are benefiting from them, this does not mean that you can as it is all down to the position of your property. The same can stand for wind turbines as you might have a different position that is sheltered when compared to your neighbours. All of these factors prove pivotal when it comes to determining what will work for your property

The new technology and types of renewable energy sources are now becoming more mainstream and more homes are now installing these solutions. What this has meant is that the law has had to change to accommodate these changes because it needs to ensure that they are installed correctly and with consideration. Therefore, planning permission might be required to determine where a solution can be placed or located. As an example, a ground source heat pump requires a lot of space while a wind turbine might impact on neighbours. What this means is that there is no more thought required to go into these types of technologies.

In the same way as planning permissions evolve, so do funding opportunities and these can change more than you might release. Climate change is a huge topic at the moment and rightly so, but this can mean that funding changes with this need to do our bit. Therefore, it can prove challenging to keep up with these changes, especially as political agendas change in light of the most up-to-date climate change data. However, if you choose to carry out a Renewable Energy Feasibility Study, then this will help to identify what current funding options are available to you and what you can take advantage of. It will also help you to learn about what funding fits certain technologies. It will also take into consideration the costs of this technology and the payback time for the investment. So, if you are thinking of a Renewable Energy Feasibility study, you’ll be able to consider the following technologies:

• Air source heat pumps
• Biomass boilers
• Cavity wall insulation
• CHP (combined heat and power)
• Electric heating systems
• Ground source heat pumps
• Solar PV
• Solar thermal
• Solid wall insulation
• Underfloor heating
• Water source heat pumps
• Wind turbines