Scotland

Just 5% of UK commercial rooftop solar could save £12.6 billion annually.

Using 5% of UK commercial rooftop space for solar could save £12.6 billion annually.

PowerMarket
Sustainable Cities

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PowerMarket has released the results of a study that indicates that if the UK used 5% of available UK commercial rooftop space for solar, it could lead to an estimated £12.6 billion per year in energy cost savings.

Photo by Florian Savatry on Unsplash

Detailed within the findings of the Solar Feasibility Study, the results have shown that 5% of the unused rooftop solar space amounts to around 2,500 hectares of south-facing roof space.

This coincides with statistics identified by the United Kingdom Warehousing Association (UKWA) which found that unused roofs on warehouses total 18,500 acres of land meaning the UK is missing out on 15GW of solar energy.

PowerMarket also indicates that zero upfront capital expenditure for solar rooftop installation projects is viable via win-win power purchase agreement (PPA) financing. This makes it “almost negligent” to not seriously evaluate if the space above offices, warehouses, data centers, or science park campus’, amongst others, are “hidden cash cows”, the firm said.

Solar could also significantly contribute to the reduction of energy costs especially amid the cost-of-living crisis. Due to the volatile global gas market, renewable energy has been touted as a means to not only reduce energy bills but also gain energy independence.

The study also recognized that out of the 30 leading Science Parks dotted around the UK, only around 5.4% of the current suitable roof space had installed solar. These are recognized as energy-intensive buildings and thus switching to renewable energy could reduce the strain on the energy system and also reduce the cost of energy.

Buildings are responsible for 2nd most global CO2 emissions. Of which, 28% is from Building Operations such as heating, cooling, etc. As the world gears up for the largest wave of building and infrastructure growth in history, we’re committed to making a significant difference. From 2020 to 2060, an astounding 2.6 trillion square feet (241 billion square meters) of new floor area will be added globally — equivalent to constructing a new New York City every month for 40 years.

PowerMarket has estimated that the science and technology start-ups that utilize these science parks are also missing out on over £65 million of annual energy cost savings combined.

Scotland recently made a move to reform the planning rules to incentivise rooftop installations across the nation. Earlier this month, the Scottish Government stated that it had pledged to consult on lifting the need to obtain planning permission for larger solar installations on non-domestic buildings early next year, bringing it in line with planning rules in England.

Implementing a policy that does not require planning permission for non-domestic solar installations, could make the process simpler and could rapidly scale the Scottish solar industry much like the rest of the UK.

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PowerMarket
Sustainable Cities

PowerMarket helps commercial organisations monetise their real estate with rapid solar planning, zero-cost financing, and efficient energy trading.