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Supporting the shift from finite resources by harnessing the power of renewables and battery energy storage
We focus on sustainable, transformative technologies that we believe offer the potential for strong financial returns, while supporting the transition to a more sustainable world.
This includes investment into battery energy storage, ground and roof-mounted solar and onshore wind.
Renewable energy’s market share in the UK is forecast to double from 40% to 80% by 20501 as the country moves from relying on fossil fuels towards an energy mix dominated by renewable energy and supported by battery energy storage.
We believe that energy demand should double in the same period.
Our research suggests that this backdrop presents an exciting >£80bn investment opportunity – and that’s just in the renewables sector.
1. BEIS, 2021
In tandem with the growing penetration of renewables, we expect to see a significant increase in demand and need for battery energy storage.
In the UK we currently have c.1.25GW installed battery energy storage capacity.1
In the next 2-3 years, to avoid significant imbalances on the electricity grid, this capacity needs to increase tenfold.
1. BEIS, 2021
We believe there is an exciting opportunity for solar and wind assets to be ‘collocated’ with battery energy storage systems “BESS”.
Collocated projects – also known as ‘co-located’ – are broadly defined as two technologies sharing the same grid connection point, typically within the same site. Sharing a grid connection point is intended to reduce upfront cost, and the renewable energy projects target enhanced returns from the additional, uncorrelated BESS revenues.
We see collocation as a way to support a cost-effective energy transition.
As a market leader in battery energy storage and a long-standing manager of renewable energy assets, Gresham House is well-placed to manage collocated projects, and we have recently acquired projects in both England and Ireland.
Solar assets are now an integral part of the UK’s generating capacity. In the UK, solar generation amounts to around 4% of electricity supply on an annual basis1 but during the summer months output meets over a third of our electricity demand.
Solar assets are the most established renewable energy technology in the UK, based on capacity installed. Technical innovation has made solar amongst the cheapest forms of renewable generation, meaning that new projects can be economically attractive without a reliance upon Government subsidies.
1. BEIS, 2021
Wind assets are the most established renewable energy technology in the UK based on the amount of power generated.
They account for around 24% of electricity supply on an annual basis.1
Given the UK’s plentiful wind resource, projects are economically attractive without a need for Government subsidy, though the Contracts for Difference scheme has historically offered strong support for the wind sector.
1. BEIS, 2021
Investors can access Gresham House’s New Energy investment opportunities through Listed vehicles, Unregulated Collective Investment Schemes (UCIS) or co-investment. For more information, please contact:
Institutions and investment consultants | Private investors |
Heather Fleming
|
Anthony Crosbie Dawson Director, Private Clients +44 (0)1451 843 096 a.crosbiedawson@greshamhouse.com |
In addition to our listed funds, the Gresham House New Energy investment team manages investment vehicles classed as unregulated collective investment schemes (UCIS). These are subject to restrictions on promotions to investors.
In order to receive information on these funds you must:
* Client Financial Information Form
Direct investments
Gresham House offers investors access to direct investments in renewable energy assets, which are subject to restrictions on promotions to investors.
For more details, please contact: Anthony Crosbie Dawson +44 (0)1451 843 096 | a.crosbiedawson@greshamhouse.com
Please download our Terms of Business. By completing this form you grant Gresham House permission to act on your behalf in the acquisition of renewable energy assets.
Co-investments
For information on Sustainable Infrastructure co-investment opportunities with Gresham House, please contact:
Heather Fleming, Managing Director, Institutional Business +44 (0)20 3873 5908 | h.fleming@greshamhouse.com
For information about our debt and corporate advisory services, please visit our partner firm TradeRisks’ website.