26 January 2015 | Online since 2003



10 February 2014|Finance,News,Renewables

Record weather provides welcome 'windfall' for farmers with turbines


Record breaking winds are providing much needed additional revenues to hundreds of UK farmers who have installed power generating turbines on their land, according to a leading supplier of farm-scale wind turbines.

“High winds undoubtedly caused problems for many people in December but for farmers who have installed turbines the silver lining proved to be record incomes from electricity generation and big savings on power bills too,” said Steve Milner, managing director of Earthmill.

He added: “New data clearly highlights the benefits of diversification to farmers with land for small, farm- scale turbines.”

Earthmill’s data shows their fleet of over 100 turbines sited on UK farms generated a massive 2668 MW Hours of electricity in December, enough power to supply a town of 9,600 homes for 30 days or 800 homes for a whole year.

“As well as generating power worth over £600,000 in just one month, the turbines we manage also attracted discounts on electricity bills worth more than £200,000, equivalent to an average of £2,000 per farm in December alone,” commented Mr Milner.

“Whilst there will always be sceptics about the viability of wind power, the new technology used by our turbines is really helping to further increase their efficiency a fact supported by December’s output figures. Across the UK, wind power supplied 10 per cent of the country’s supply electricity during December, a record month for renewable energy generation and our farmers played their part and boosted their revenues as a result.

“Of course, December was a very windy month and that swells the generation figures somewhat, but typical monthly electricity outputs are between 50 per cent and 75 per cent of these levels, making turbines highly productive on UK farms which are consistently windy.”

Demand for the turbines from the farming community has soared in recent months as power costs continue to climb, while deadlines reducing levels of Government incentives draw ever closer. The December power generation averaged £6,000 per farm turbine, but varied according to farm position and the type, size and capacity of turbine installed. Many farmers have high electricity usage so the significant levels of power generated by wind make real savings to the operational costs of their business, with any extra being fed back into the grid providing additional income.

Mr Milner said poultry, pig and dairy farmers, who typically consume the most power, stand to make the most from the scheme.

“With rising electricity costs adding pressure to farm revenues the steady increase in demand for new turbines looks set to continue throughout 2014 and beyond,” he added.

Earthmill launched a £10m fund to provide finance for up to 100 new farm turbines in November 2013. Farmers and landowners can choose to buy and install turbines themselves, secure finance for the capital expenditure or rent their land to third parties who take on all of the costs and risk over a lease term. This allows farmers without access to large sums of capital to enter the electricity generation market for the first time.

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


15 January 2015
Cargill - Commercial Management Trainee
With nearly 150 years of experience Cargill provides food, agriculture, financial and industrial products and services to the...

20 January 2015
Managing Director
The Community Farm is a social enterprise and a community supported agriculture project. THE COMMUNITY FARM MANAG ING DIRECTO...

12 January 2015
Onshore Export Cable Installation Manager
A Renewable Energy client is looking for an Onshore Export Cable Installation Manager to work onshore on their offshore wind ...

12 January 2015
Nurse (RGN)
Home Farm, Portree, Highland, Isle of Skye. HC-One is a care home provider with a clear vision to provide the kindest care po...

24 January 2015
Facility Manager
Developing and maintaining agreed budgets Implementing company policies and procedures Health & Safety and Quality Contro...




Top stories you may have missed
12 November 2014 | Arable
GM crops 'good for farmers and the envir...

GM crops 'good for farmers and the envir...

GM crops are good for the economy and can reduce the amount of pesticides u...


6 November 2014 | Cattle
Smaller European markets drive beef expo...

Smaller European markets drive beef expo...

Demand from smaller European markets has helped drive strong growth for UK ...


6 November 2014 | Agri Safety
Lack of engineers a 'ticking time bomb' ...

Lack of engineers a 'ticking time bomb' ...

A lack of engineers, not enough people promoting the land-based industries ...


4 November 2014 | Bees and Beekeeping
Bee action plan due: Last chance for bee...

Bee action plan due: Last chance for bee...

Environment Secretary Elizabeth Truss is launching the National Pollinator ...


4 November 2014 | Arable
Experts welcome financial boost for youn...

Experts welcome financial boost for youn...

Agricultural specialists have welcomed a potential financial boost for youn...


3 November 2014 | News
Supermarket competition on prices 'risks...

Supermarket competition on prices 'risks...

As retailers continue to participate in a highly competitive race to the bo...


31 October 2014 | Arable
New Defra farm figures 'underline volati...

New Defra farm figures 'underline volati...

New farm business income data from Defra, which focus on income from March ...


30 October 2014 | Agri Safety
Agriculture remains one of UK's most dan...

Agriculture remains one of UK's most dan...

Agriculture has remained one of the industries in which workers are most li...


29 October 2014 | Finance
UK farmland prices see 'substantial grow...

UK farmland prices see 'substantial grow...

Prime arable land in the UK has seen a substantial year-on-year growth in p...


27 October 2014 | Arable
Satellites to help farmers pinpoint dise...

Satellites to help farmers pinpoint dise...

A new mobile app for farmers able to pinpoint and identify disease, pests a...