We see opportunity for decarbonizing energy in the built environment everywhere. Large commercial buildings such as office blocks, hotels, warehouses and factories are large users of fossil fuels and currently significant sources of emissions.
Heat networks, which connect together supply and demand of thermal energy, are also large users. These can be publicly owned, or owned and operated by private utility energy companies.
In the public sector, there is similar large demand – currently met by fossil fuels – in hospitals, scools, universities, municipal buildings, social housing neighborhoods and public heat networks.
Across these sectors the demand is very similar – hot water for washing and cleaning, heating and air conditioning for thermal comfort. Geothermal is a lynchpin in the most efficient Heating, Ventilation and Air Conditioning (HVAC) systems. For example geothermal (aka ground source) heat pumps are far more efficient than air source heat pumps, particularly when there is seasonality in heating and cooling loads.
When you contact Causeway Energies, we quickly ascertain if your industry and use case is suitable for our solutions. We do this via an initial consultation where we introduce our technology and how it could apply to your business.
Causeway Energies come on board as renewable energy partner and work with your business to create a strategy to implement a renewable energy solution. We work with all stakeholders to figure carve out a path in implementation.
We plan and manage the full implementation of your renewable energy solutions. From project management right, construction, all the way through to testing and deployment, we cover all aspect of your project.
Post deployment, Causeway Energies offer a number of solutions to manage and maintain your renewable energy solution depending on your need. Are aim to ensure peak efficiency for the lifetime of the installation.
HaaS is a version of Energy as a Service, a new way for consumers to procure and use energy in their facilities. Traditionally industrial and commercial consumers bought their own heat generation equipment, like a gas boiler, had it installed, and then maintained, fueled and operated it, paying all the gas and maintenance bills through the life of the boiler.
Renewable energy solutions, including clean heat, often have higher upfront capital costs, but much lower running costs. The higher upfront capital costs can be a sticking point for cash-focused businesses or those that want to ensure that the capital on their balance sheets is only linked to their core business. In contrast, the provision of such capital with competitive cost or premium, is a very attractive proposition to green finance funds.
The HaaS process works like this. Causeway starts with assessing the customers critical needs, including identifying demand reduction opportunities. We then move to a design of the energy solution, laying out through engineering the capital and running costs of the new system. These cost for the basis for an investment decision by green finance that then forms a pricing proposal to the customer in the Heat Purchase Agreement over the life of the project, which will likely be measured in decades.
In essence the customer will pay a regular tariff or subscription which covers the cost of capital, the running costs and a markup to Causeway and the green financier. The customer will therefore not only not have to stump up the capital costs, but will more than likely enjoy an energy expense similar to or better than the previous running cost of the fossil system.
A typical arrangement where Causeway Energies can install the system at the customer’s expense and leave them to operate it day-to-day, only with periodic checks on the surface equipment.
*figures for illustrative purposes only
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