switched on and export power to the grid at specific times of high demand, typically for short periods of a few hours at the end of the day (STOR is a contract available with the National Grid and also a common term for this and a type of development).
In the absence of new renewable opportunities in the short term, PPG may provide landowners who have access to grid connections, possibly following a failed wind or solar scheme, with attractive propositions and returns comparable with the wind market. As these returns available are likely to fall as the deployment of such sites increases, we would urge any landowner to take advice and check whether they may be sitting on a potential development site.
The most critical requirement for PPG is a grid connection. If a site is close to a substation and / or has previously considered large renewable energy then there may be capacity for PPG. Developments tend to require above 0.3 acres of flat land, ideally on hard standing and away from residential properties.
Whilst there are some attractive rental offers been tabled by PPG developers for sites, Carter Jonas’ Energy Team are also actively advising landowners on how to develop sites themselves in order to unlock the development premiums available from consenting a site and securing both grid and a generating contract.
If you feel you may have a development opportunity we would be delighted to screen this and provide an initial opinion on its development prospects.
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