Warehouse solar storage project financing options in Guernsey 2030

Could warehousing be the future of solar?

Warehousing provides a unique opportunity for large scale rooftop solar deployment, with approximately one third of the UK’s total non-domestic buildings’ roof space. National Grid’s future energy scenarios1 consider 12-29 GW of additional solar is required by 2030; warehousing could play a major role in the next decade.

How can warehousing improve solar PV economics?

Investment costs, low electricity demand and grid connections are the main barriers to systems, and a culture shift is required to develop larger installations. Electrification of heat and transportation will increase the need for low-cost electricity and improve solar PV economics in warehousing.

How does local energy planning affect commercial solar installations in warehousing?

Deficit of local energy planning is acting as a barrier to commercial solar installations in warehousing. As electricity usage and local renewable generation is increasing grid infrastructure needs to be upgraded to support the local community and businesses. These costs are typically shared through distribution use of system charges.

Will the warehouse sector become a net producer of green electricity?

This could meet National Grid’s minimum requirements for solar expansion by 2030 according to their 2022 future energy scenarios (FES), producing up to 13.8 TWh of electricity per year enabling the warehouse sector to become a net producer of green electricity.

How can warehousing improve the economics of rooftop solar?

Electrification of heat, new automation systems and critically electric transportation could significantly increase electricity demand in warehousing. This will improve the economics of rooftop solar through increased self-consumption.

Why do warehouse and logistics companies need a solar PV system?

A combination of increasing energy prices, the drive to net zero and the prospect of heat and transport electrification means there is a strong need for low cost, low carbon and reliable electricity in the warehouse and logistics industry. Solar PV UK rollout expanded significantly in the early 2010’s due to generous feed-in tariff support.