Renewable Energy

At Campbell Dallas LLP we have recognised the need for a dedicated team of specialist advisors to the renewable energy sector.

The increase in energy prices and increasing environmental concerns, has resulted in the continued interest in the development of alternatives to fossil fuels. Renewable energy used for electricity production is projected to grow by an average of 2.9% p.a, with its share of the market increasing to 21% by 2030. The UK and Scottish governments have also committed to reducing the country's reliance upon fossil fuels and reduction in carbon emissions. As a result, investment in renewable sources of energy generation is required to help conserve fossil fuels and generate clean renewable electricity. We have recognised therefore that this growing industry, which is still in its infancy, requires a dedicated team of specialist advisors.

Our Renewable Energy team provides a value for money service to assist energy companies, bringing creativity and expertise to bear on a wide range of issues:

To provide a full range of Corporate Finance services to industry, including due diligence and fundraising.
To provide a full range of Specialist Taxation services to the industry, including EIS and capital allowance claims.
To ensure that all regulations are compiled with and that the appropriate environmental support teams are engaged at the right stage.

Campbell Dallas has experience in various types of renewable energy schemes, most notably hydro, wind, anaerobic digestion (AD) and solar/photovoltaic panels (PV).

Hydro Schemes

Scotland have focussed on hydro projects dating back many years. There are currently 1,500 MW of electricity being generated in Scottish Waters with a further 1,000 MW of potential. Read more.

Wind Turbines

Wind turbines are a known established low risk energy generator in Scotland and can be described as "tried and tested". Campbell Dallas can assist in the planning process of a wind scheme. This can include introductions to wind manufacturers and negotiations with government bodies. We have good relationships with banks, private and institutional investors who are all currently looking to invest in renewable projects. Read more.

Anaerobic Digestion (AD)

Anaerobic Digestion is the proven process of converting organic waste into electricity and various other products such as heat. Despite being relatively new to Scotland and the UK, these plants have proved to be popular elsewhere in Europe. Campbell Dallas can advise and guide you through the planning and running of an AD scheme. Read more.

Photovoltaic Panels (PV)

Despite our perceived inclement weather in Scotland, our climate can utilise the sun's rays for around 900 hours per annum. Many PV panels can be used to generate electricity or supply heating to properties. Read more.

The team maintains connection with the British Hydro Power Association, the Association of Electricity Producers and Scottish Renewable Forum to maintain up to date knowledge of all types of developments.

For further information or advice, please contact Ross McFarlane on 0141 886 6644 or via email on ross.mcfarlane@campbelldallas.co.uk.

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