Source: EuroSite Power Limited
EuroSite Power Limited a subsidiary of American DG Energy Inc. is to launch in the UK. It plans to revolutionize the UK small-scale combined heating and power (CHP) market with its On-Site Utility service, importantly, delivering cost savings to customers without the responsibility of capital investment.
EuroSite Power's On-Site Utility solution will enable customers to generate and buy electricity, heat, hot water and cooling on-site at prices that are up to 15% lower than those charged by their utility suppliers and will provide them with both security of supply, greater cost visibility and lower carbon energy. It is targeted at customers that have a year round requirement for heat energy, that spend over 62,500 pounds Sterling per year on natural gas. Customers that would benefit from the On-Site Utility service would include hotels, leisure complexes and hospitals or care facilities.
The EuroSite Power On-Site Utility solution is unique amongst providers of CHP in that EuroSite Power takes responsibility for the ownership, installation and maintenance of the CHP system and for the cost of gas used by the system, thus absorbing all investment and operating expenses. In so doing EuroSite Power provides customers with the energy savings of a CHP system with no capital investment and minimum risk. Furthermore, it can measurably reduce a user's carbon footprint, lowering the impact of carbon taxes including the new CRC Energy Efficiency Scheme.
EuroSite Power will be led by newly appointed Managing Director, Paul Hamblyn, who has extensive expertise in a range of low carbon technologies including CHP, renewable generation and Building Energy Management Systems (BEMS). Paul is also a Council Member of the Energy Services and Technology Association (ESTA).
Prior to joining EuroSite Power Paul was the Head of Energy Services for Corona Energy, an independent B2B gas supplier, where he directed the creation of their energy services offer. Before this he held a series of positions at ENER-G Group.
Paul Hamblyn commented:
"American DG Energy is a leading CHP provider in the US where their On-Site Utility solution and technology is already very successful and I am delighted to be heading EuroSite Power as it launches these solutions here in the UK. EuroSite Power's all round offering is a compelling one for customers, both financially and operationally. It saves customers money on their energy usage at minimal risk as EuroSite Power will maintain secure supply along with paying for installation and maintenance costs, and there are additional environmental benefits. I look forward to demonstrating our unique offering to the UK market."
EuroSite Power will formally launch in the UK at the Energy Event, being held at the NEC in Birmingham on Tuesday 13th and Wednesday 14th September 2011, where it will be exhibiting its CHP system and showing how its On-Site Utility offer turns a CHP into cash savings.
EuroSite Power to enter on-site utility market in the UK
Source: EuroSite Power Limited