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The Bottom Line

Renewable Energy

The Bottom Line

BBC

Society & Culture, Personal Journals, Business

4.6606 Ratings

🗓️ 4 February 2016

⏱️ 28 minutes

🧾️ Download transcript

Summary

After the Paris summit on climate change and the global commitment to cut carbon emissions, The Bottom Line is going green - with businesses that generate energy from the sun, the wind - and from cheese. And, whilst the government is committed to getting more of its energy from renewables, Evan Davis and guests discuss why green firms are seeing red over cuts to subsidies they say are vital to update ageing infrastructure.

Guests:

Juliet Davenport, CEO, Good Energy

Jeremy Leggett, Founder, Solarcentury

Paul Cowling, MD, RWE Innogy UK

Producer: Sally Abrahams.

Transcript

Click on a timestamp to play from that location

0:00.0

Thank you for downloading this programme. In this edition of the bottom line, we're discussing renewable energy, getting power from the sun, the wind and from cheese.

0:11.7

Hello and welcome to the programme. Oil prices are low, shockingly low at the moment, so we're going to be a bit countercultural today by looking at non-oil energy,

0:22.5

the renewables sector. Now, those low oil prices make the economics of renewables more awkward

0:27.7

than they might have been, but with the Paris Summit late last year nudging the world to a non-carbon

0:33.4

future, understanding the renewables business is more important than ever. My three guests

0:39.2

are all from green energy firms, so let's meet them now. And first up is Juliet Davenport,

0:45.4

founder and chief executive of good energy, which sources 100% of its electricity from renewables.

0:52.8

You sell it to the public, Juliet. But where does your

0:55.7

renewable energy come from? So it comes from various sources across the UK. We work with about

1:00.7

1,000 independent renewable generators. About 50% are wind powered, 20% solar, 20% biofuels and 5% hydroelectric

1:10.2

power. In what way am I by being your customer helping

1:14.4

renewable energy? The more customers we get, the more renewable generators we have to find

1:19.2

contract with. We actually invest ourselves as well. So 25% of our power comes from our own

1:24.5

renewable generators. Just tell me about the people you buy from.

1:27.8

You call a lot of them independent renewable suppliers.

1:30.8

So they're kind of wide range.

1:32.5

One of the examples is Weike Farm cheeses.

1:35.8

When they wash down the dairy every night, when they make the cheese,

1:38.8

that they then anaerobly digest it.

1:40.6

It creates a gas and they generate power.

1:42.3

That's one of our generators.

1:44.1

Another one is

...

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