In recent months I have saw an increase in demand for Biomass technologies which inspired me to look into the current state of Biomass and why it has suddenly attracted a wider market than in previous years.
The first thing that came to mind was the RHI, Biomass is one of the few technologies covered in the “fit tariff” like payback incentive that has become the talk of the nation but although the RHI would be a great incentive to take up such an energy source it seems there is something bigger behind the increase in interest (The domestic RHI is also unavailable at this time).
After research I found a vast range of information and hope to condense it into one easy to understand post outlining why Biomass is set to have a big future in the UK.
After Extensive research I uncovered several reasons that may be behind the increase in interest in the carbon neutral technology, first off I found that upfront costs or installation costs are minimal compared to other renewable energy technologies. I also found that the savings a Biomass system provides coupled with possible revenue from the RHI means that consumers can see a ROI within a few years; significantly lower than that of other renewable energy technologies such as solar energy.
So up to now I have found that Biomass requires low up front costs, consumers can see a return on investment within a few years and to top it off they can also apply for the renewable heat incentive – what can I say? I think I can see why consumers have found a sudden interest in Biomass.
I also found that the RHI is apparently delayed by 1 year and a Renewable Heat Premium Payment scheme will be introduced from April 2nd. Due to this set back further questions are being asked about the future of Biomass and whether it has a chance to grow as expected. The industry believes the 1 year set back doesn’t allow them to grow, especially after the PV Disaster. However, the RHI will undoubtedly be a part of the UK’s renewable energy incentive scheme at some point and so, with savings Biomass provides coupled with this scheme I believe the future is still set to be big for Biomass, in both domestic and commercial environments.
Fuel Cost Statistics
Biomass requires fuel to generate heat and although you may find this as a negative, let’s look at the cost of fuels for Biomass compared to other energy fuels currently used in the UK, thanks to the biomassenergycentre.org.uk