The fund targets a range of renewable energy sectors and technologies. These are the ones most likely to be used:
This is a natural process where organic matter is decomposed in the absence of oxygen. Biogas can be produced through processing energy crops, food processing industrial wastes and other organic waste. Biogas can then power a gas generator to convert into electricity and be fed to the National Grid.
Biomass is organic matter that was living recently such as wood, straw, energy crops, sewage sludge, waste organic materials and animal litter.It is a form of stored solar energy which is captured by life forms as they grow. This energy is released when you burn it in a biomass boiler in the same way fossil fuels do. The difference is that biomass can absorb CO2 as new biomass regrows and photosynthesises as trees and plants. Fossil fuels on the other hand take millions of years and produce lots of other dirty emissions.
Photovoltaic (PV) solar panels made of one or two semi-conducting materials are installed, producing electricity everytime solar cells reach them. Solar PV can also produce electricity in overcast conditions.
The fundamental principle is very simple: the wind turns blades which are in turn connected to a shaft. The shaft links to a gearbox, which is linked to a generator. The generator converts kinetic energy into electrical energy, a transformer makes it safe for transmission, the electricity is fed into the National Grid. According to RenewableUK, the trade association for wind and marine energy in the UK, a commercial scale 2.5MW turbine can generate 6.5 million units of electricity a year. Read our full guide to wind power.