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SHARC secures milestone collaboration with French energy giant ENGIE

Russ-Burton-CEO-SHARC-Energy-Systems-June-14-e1533801407978

SHARC Energy Systems, a UK-based green energy firm, has secured the support of the ENGIE Regeneration teams to collaborate on developing opportunities for integrating SHARC technology into their established heat network portfolio, as well as creating new opportunities to partner on the development of standalone low carbon district heating networks.

ENGIE UK & Ireland announced a ‘Call for Projects’ in February saying it was looking to identify innovative projects and solutions for the recovery of heat from wastewater / sewage and SHARC was confirmed as one of two successful bidders in May.

SHARC Energy Systems has already started discussions with ENGIE about projects and opportunities within ENGIE’s asset portfolio.

The announcement comes at a time when the appetite for decentralised energy services in the UK is growing, with more focus being placed on the use of renewable technologies that continue to de-carbonise the energy supply for UK residents and businesses.

Earlier this month the National Infrastructure Commission (NIC) issued its infrastructure assessment report https://www.nic.org.uk/assessment/national-infrastructure-assessment/executive-summary/ which states that “the UK must take decisive action to have world-class infrastructure” and carries a core principle that half of the UK’s power will be provided by renewables by 2030.

Alongside the NIC report, the recently published UNESCO report – “Waste Water: The Untapped Resource” http://www.unesco.org/new/en/natural-sciences/environment/water/wwap/wwdr/2017-wastewater-the-untapped-resource/

shows how the macro market surrounding SHARC’s energy solutions is developing and how the value of this sustainable resource can be harnessed for the benefit of future generations.

Russ Burton, SHARC’s Chief Operating Officer, said: “We are delighted to have won the support of the ENGIE Regeneration team and are looking forward to working with them to develop our service and solutions with them.

“The team at SHARC have been tireless in their efforts to champion and promote the value of the waste heat that runs through our sewage lines every day and we are encouraged by the vision and enthusiasm that ENGIE is demonstrating in supporting our activities.”

Ben Watts, Innovation and Solutions Director at ENGIE, said: “The Call for Projects process provides ENGIE with access to a wealth of start-ups and SMEs in the UK and globally in areas of strategic importance to the UK business unit. The decarbonisation of heat is a nationally important issue which ENGIE is looking to solve at a local level. We are delighted that SHARC entered this call and we look forward to developing projects together.”

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BDC 315 : Apr 2024