One of the most challenging decisions that local authorities face when developing a heat network is choosing the delivery structure that will work best for them.
After a successful event in London, the UK District Energy Vanguards Network hosted a free one-day workshop in Manchester (21 May 2019) to help local authorities consider different structures for heat network projects.
It can feel daunting to understand and evaluate the different commercial structures to get the best fit for your organisation, your stakeholders and your heat network. How do you strike a balance between risk, complexity and the cost of capital?
We looked at a variety of stakeholder perspectives, and talked through models from in-house through Joint Ventures and Special Purpose Vehicles to commercial ESCO models. We also considered and the financing and procurement opportunities associated with different approaches.
Attendees ranged from being at the stage of completing a feasibility study through to working up the business case for heat network project. The event was held in an environment designed to encourage peer learning, creative thinking and plenty of networking!
The event has been made possible by our lead sponsors SSE and our further sponsors Powerpipe, SWEP and Switch2.
Presentations can be downloaded from the PRESENTATIONS panel below