Rolls-Royce has entered into a collaboration agreement with global investment firm Sustainable Development Capital LLP (SDCL) to bring to market “Energy-as-a-Service” solutions that can help accelerate sustainable energy use. With the agreement signed at the World Climate Conference (COP26) on November 11, 2021, Rolls-Royce offers its customers the opportunity to provide electricity and heat generated by a sustainable and efficient energy system as a “subscription service” without seeking infrastructure pre-financing.
One of the key themes of COP26 in Glasgow is the energy transition and climate change.
How to improve access to finance for solutions to help combat change The “Energy-as-a-Service”, where
Through the collaboration agreement, Rolls-Royce has over 10 years of experience developing and financing clean and decentralized energy infrastructure projects in the UK, Europe, North America and Asia to design, finance, install, commission and operate new projects. It will work with SDCL that has it. Rolls-Royce also has, through its Power Systems business unit, a portfolio of microgrid systems that combine renewable energy sources with mtu-branded battery storage and generator sets to provide reliable power generation. The company, which is currently developing fuel cell systems, is paving the way for net zero microgrid solutions in the next 2 years by aligning existing mtu engines with sustainable fuels.
“Energy-as-a-Service” is a candidate to transform the energy supply of communities and companies
Examples of “Energy-as-a-Service” projects are to provide sustainable and reliable electricity for communities in remote areas that are not connected to an electricity grid, to meet requirements for industrial parks that want to be fed with green energy and emergency backup electricity, and to utilize renewable energy as much as possible. mines that want to replace old, inefficient equipment for
A broad portfolio ranging from combined heat and energy fuel cells to microgrids
The portfolio of energy systems that can be made available through “Energy-as-a-Service” to provide heat or electricity ranges from smaller plants using combined heat and energy (CHP) units to battery containers and complex microgrid solutions. The current mtu product range will be expanded in the coming years with hydrogen powered engines, fuel cell systems and internal combustion engines that can run on sustainable fuels such as hydrogenated vegetable oils (HVO) and e-diesel.