Introduction
The UK’s commitment to net-zero emissions by 2050 has made renewable energy supply essential.
Commercial property investors, tasked with retrofitting existing stock, are at the forefront of this change. Increasingly, Landlords view solar installations as a strategic investment with strong returns, driven by rising EPC requirements, green lease options, and the demand for sustainable energy. Unfortunately, rooftops represent to often a missed opportunity to harness solar radiation already present and generate profits.
Research Aims
This project aims to optimise the potential for commercial solar with financial returns.
Landlords can install solar on their rooftops and sell power back to the occupants, either through a newly formed Power Purchase Agreement(PPA) or through existing service charge or energy recharge mechanisms under the lease. Excess energy generated that the occupant does not use can be sold back to the grid under a variety of different mechanisms.
Research Methodology
The research methodology entails the creation of hybrid models that incorporate physics, machine learning, and statistics. These models must be capable of managing the complexities associated with the integration of solar system across a variety of building energy demand and climate across the UK. These models will be built and tested using large-scale project dataset from Absolar.