for anyone who may be interested,
Ive spent quite a bit of time now looking at biomass boilers, GSHP's and solar thermal, with an eye to installing one or possibly two of these technologies into the 1960's bungalow i am going to refurbish and extend. I have came to the conclusion that financially it will be much cheaper to use the oil boiler in conjunction with a simple multi-fuel stove fitted with a boiler. These two boilers will be connected together via a thermal store or possibly a low loss header tank.
I will mainly be burning wood and if I get everything sized correctly, hope only to have to fire the oil burner in the summer time to produce hot water for the day.
The biomass boilers will require around 5 tons of pellets a year for the proposed size / insulation level of house @ £260 per tonne approximately plus the installation costs of anything between 15k to 25k. the government payment would be approximately 2000-2500 pounds per year for 7 years.
I have joined a local oil club and the last oil order was 49p per litre plus VAT @5%. In my case I believe it will be significantly cheaper for me to run oil and wood than the latest renewable technologies.
I collect all of my own wood from people who want trees removed and local skip hire plants who have piles of very dry old timber removed from skips and have to pay to have it carted away. I get it all for the cost of my petrol and time to get it. It doesnt take up as much time as people may think either.
Its always in the news about oil running low and sky rocketing. I work in the oil and gas industry, albeit not involved with estimating resources, but the truth is that the world is huge and only a fraction of it has been explored for oil. A figure I heard banded about was 3% has been explored. With advances in deepsea drilling and exploration, I think the scaremongering about oil reserves is that, purely scaremongering. I cannot see it running low in my or future children's lifetimes.
In the mean time I'll save my cash for a 5.0 supercharged instead of spending it on the latest "green technology" MY2010 TDV8 Vogue Ipanema Sand
2002 V8 Vogue Oslo Blue - Gone.
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