UK Met Office announces renewable energy collaboration with NatWest

As increasing numbers of farmers and landowners are looking to renewable energy to boost their income and make their land more efficient, the Met Office announces it is collaborating with NatWest to provide NatWest-funded renewable energy projects access to the most accurate wind speed data.

Farmers and landowners who are seeking financial support from NatWest’s Renewable Energy Fund will be encouraged to commission a Met Office report, called Virtual Met Mast™, which defines how much wind can be relied upon at specific locations, in order to secure funding.

Wind speed data is instrumental in accurately assessing the viability and profitability of a wind turbine project and ensures customers have all the information they need at the start of the project. Thanks to technological advances, developers of any scale can now benefit from the Met Office’s modelling technology.

Virtual Met Mast™ is a scientific model based on the Met Office’s atmospheric weather forecast system, which analyses wind information to generate accurate, long-term wind climatology at a specific site and turbine hub height. The resulting analysis shows whether the proposed development will generate enough wind to make the investment worthwhile.

Stephen Norman, senior Met Office wind consultant, said: “Virtual Met Mast™ enables the developer or investor to obtain a more accurate wind speed prediction for a particular site, so reducing the risk surrounding wind speed estimates. This can help someone planning a wind project to better establish the right site and size of turbine required, and gives all parties a greater peace of mind when assessing the risks associated with the investment.”

NatWest’s renewable energy fund supports businesses looking to install wind turbines and solar panels.

Recent data from a survey conducted this year by NatWest and the NFU revealed that demand is extremely high for funding to support this sector, with an impressive 30 per cent of farmers across England and Wales already involved in renewable energy projects, which is contributing significantly to the UK target of producing 15 per cent renewable energy by 2020.

Since the launch of its dedicated £50million renewable energy fund last year, NatWest has already provided £24.4million to support renewable energy projects. Ian Burrow, head of agriculture and renewable energy at NatWest, said: “Renewable energy technologies are becoming increasingly attractive as farmers and landowners recognise the potential of renewable energy and the chance to reduce both their reliance on fossil fuels and reduce costs, as well as having a positive environmental impact. We remain committed to supporting these projects and have been working with the Met Office to provide our customers with as much help as possible by offering access to the most up to date wind speed data.”

FEATURED IoT STORIES

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, iot home automation is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more
RECENT ARTICLES

Vertiv Research defines standard models for deploying edge infrastructure

Posted on: October 19, 2021

Vertiv, a global provider of critical digital infrastructure and continuity solutions, released the results of an in-depth research project to identify edge infrastructure models to help organisations move toward a more standardised approach to edge computing deployments, with the intent to improve costs and deployment times.

Read more

Nuuday infuses AI into customer experience with the Avaya OneCloud experience platform

Posted on: October 19, 2021

Nuuday, Denmark’s provider of broadband, communication and entertainment services, has launched “Josefine,” an AI-powered voicebot capable of delivering dynamic, immediate and personalised experiences for customers interacting through its Avaya OneCloud communications and collaboration platform.

Read more