> For the complete documentation index, see [llms.txt](https://wiki.greatcollaboration.uk/knowledgebase/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wiki.greatcollaboration.uk/knowledgebase/events/banter-sessions-inc-table-of-all-sessions/banter-122-03jun26-farmhouse-renewable-energy-net-zero-toolkit-with-mark-woodward.md).

# Banter 122: 03Jun26 Farmhouse Renewable Energy, Net Zero Toolkit, with Mark Woodward

{% embed url="<https://youtu.be/c1OAyQlJ3EM>" %}

#### Video Timeline (min:sec)

00:00 - 14:40 Renewables presentation\
14:40 - 39:00 Nordic Energy 3D Net Zero Toolkit presentation\
39:00 - 63:31 (end) Q & A

***

#### Presentation:

{% file src="/files/9f8vSCfHef8ZBpIEXHnZ" %}

You may download this presentation. A markdown version (ie text only) is available at the bottom of this page

***

#### Meeting Summary:

Jun 03, 2026 11:53 AM London ID: 834 5460 8536

### Quick recap

This meeting was a presentation by Mark Woodward from Nordic Energy, who demonstrated their digital toolkit for renewable energy project development. Mark shared his personal experience with renewable energy installations on his farm, including heat pumps, wind turbines, and solar panels, before presenting three tools: Loki (early project identification), Odin (technical and commercial feasibility studies), and Thor (project management guidance). The tools can model various renewable technologies including heat networks, solar, wind, and retrofit projects, with interactive 3D mapping capabilities and real-time commercial analysis. Participants asked questions about data accuracy, cost comparisons between different technologies, and the ability to factor in future needs like air conditioning requirements in vulnerable communities. Mark explained that while the tools provide flexible modeling capabilities, users would need to obtain their own data for certain parameters and work with consultants for detailed project development.

### Next steps

#### Mark

* Send the presentation slides (including email contact details) to Graham for sharing with attendees and publication on the knowledge base.
* Consider incorporating future load requirements (e.g., for air conditioning in vulnerable communities) into the toolkit's modeling capabilities, as suggested by Lynn.

#### Peter

* Follow up directly with Mark for more detailed discussion on the use and cost of the toolkit at parish/community level.

#### Tristram

* Contact Mark after the meeting for further discussion about the toolkit and its potential application in North Hampshire.

### Summary

####

#### Renewable Energy Retrofit Presentation

Mark Woodward from Nordic Energy presented his background in renewable energy projects and shared his personal experience retrofitting his farmhouse with renewable energy systems. He explained his decision to install a 6 kilowatt wind turbine after determining that solar panels would be cost-prohibitive at £40,000 for a 4 kilowatt system. The wind turbine generated approximately 14,000 kilowatt hours per year, significantly more than the expected output of the solar panels.

#### Renewable Energy System Discussion

Mark discussed his renewable energy system, starting with an initial 10 kilowatt turbine installation in 2001 that cost 40,000 pounds and generated 14,000 kilowatt hours with 70% of the cost before subsidies. He later added a 10 kilowatt American turbine in 2011, solar panels, and two heat pumps, though he faced challenges with the turbine setup, including neighbour issues and technical problems with the Xeris turbine that required multiple inverter upgrades to achieve 18 kilowatts of inverter headroom. Mark noted that solar panels have required zero maintenance over 15 years with minimal performance degradation, and he plans to implement a digital recording system for the heat pumps to provide real-time monitoring for educational purposes.

#### Sustainable Energy Toolkit Development

Mark presented his farm's sustainable practices and international award recognition, then discussed Nordic Energy's toolkit development funded by Innovate UK. He explained the company's four directors' expertise and introduced their three-tool digital toolkit, specifically focusing on the Loki tool which is an early project identification tool using 3D mapping and GIS layers to identify renewable energy opportunities across different locations.

#### Digital Infrastructure Toolkit Presentation

Mark presented a digital toolkit consisting of three tools (Loki, Odin, and Thor) designed to streamline infrastructure project development and feasibility studies. The toolkit allows stakeholders to assess project viability by clicking on locations and adding layers like land ownership data, with the current project having reduced a long list of 50 potential projects to 23 feasibility studies. Mark demonstrated how the Odin tool can model a heat network at Peterborough City Hospital, showing how it calculates technical specifications, commercial outputs, and project costs, with the complete network analysis showing a total capital cost of £47 million and an IRR of 7.2.

#### Renewable Energy Data Analysis Tool

Mark explained that the data tool uses publicly available Ordinance Survey data and can perform sensitivity analysis to test different parameters and scenarios. He detailed his personal renewable energy installation, including a ground source heat pump system with buried pipes and turbines, along with a Tesla battery system. When asked about the cost of batteries, Mark noted that Tesla batteries currently cost around £8,000, while Graham suggested that used electric vehicle batteries might be a more affordable alternative, though Mark couldn't comment on the technical complexity of that approach.

#### Construction Cost Analysis Tool Discussion

Mark and Peter discussed the implementation and functionality of a software tool for cost analysis in construction and retrofit projects. Mark explained that the tool would be used on a case-by-case basis, often as part of broader consultancy work, and cannot guarantee cost accuracy due to variables inherent in construction projects. Peter inquired about the tool's capability to compare costs of different technologies, such as heat networks versus individual heat pumps, and Mark confirmed the tool can perform these comparisons while noting that heat networks are typically less commercially viable in many situations. The discussion also touched on the need for users to input their own data regarding electricity network conditions, highlighting the tool's potential value for consultants rather than solely for local communities.

#### Future Needs in Retrofit Modelling

Mark discussed the ability to incorporate future needs, such as air conditioning requirements in hospitals and care homes, into the model, noting that while it is not currently included, the model is continually being developed to meet different circumstances. He explained the importance of integrating social value metrics, including health benefits and NHS work on monetizing these benefits, to present retrofit options realistically. Graham asked about the efficiency of heat pumps for both heating and cooling, to which Mark admitted not having specific data but acknowledged the potential of reversible heat pumps as bridge technology.

***

#### Chat:

No chat this week

***

#### Audio-transcript:

119\
00:13:07.580 --> 00:13:19.780\
Mark Woodward - Nordic Energy: Okay, great. Right, well, yes, thanks again, and so I'm Mark Woodward, company's Nordic Energy.

120\
00:13:20.470 --> 00:13:29.949\
Mark Woodward - Nordic Energy: We work on renewable energy projects, and the development of those projects across the country, and we've worked

121\
00:13:29.950 --> 00:13:43.819\
Mark Woodward - Nordic Energy: On European projects too, and we have ambitions to go wider than that, and you'll see how that fits in a while. But I'm a slightly peculiar character, because, inside our team.

122\
00:13:43.860 --> 00:13:53.609\
Mark Woodward - Nordic Energy: We have engineers and digital specialists and commercial expertise and people who've been in the renewable energy industry for many years.

123\
00:13:54.280 --> 00:14:13.179\
Mark Woodward - Nordic Energy: And, I was a music teacher in my first job. I'm a violinist, I'm an improviser and a jazzer, and so on. And, I've had a very varied career, also being, creating audio productions for radio commercials and products, and…

124\
00:14:13.180 --> 00:14:14.540\
Mark Woodward - Nordic Energy: So on, and…

125\
00:14:14.680 --> 00:14:26.170\
Mark Woodward - Nordic Energy: And then, also the dreaded… I was a dreaded Ofsted inspector at one point, leading inspection teams across the country, on, on that in the early days of inspection.

126\
00:14:26.520 --> 00:14:41.660\
Mark Woodward - Nordic Energy: So I was a very peculiar character then, because I was working with people who were largely prematurely retired, and I was coming in at my 30s and 40s, leading the teams.

127\
00:14:42.150 --> 00:14:50.439\
Mark Woodward - Nordic Energy: And then had the opportunity to… to move to where I live, which is a small hole near the edge of Sheffield and the Peak District.

128\
00:14:50.660 --> 00:14:53.289\
Mark Woodward - Nordic Energy: We are at 1,000 feet.

129\
00:14:54.210 --> 00:15:00.410\
Mark Woodward - Nordic Energy: If you know the geography of this part of the country,

130\
00:15:00.780 --> 00:15:08.930\
Mark Woodward - Nordic Energy: the Peak District descends Rapido into Sheffield on the western side, so it's a short boundary. So we are…

131\
00:15:09.730 --> 00:15:16.740\
Mark Woodward - Nordic Energy: My wife's a judge in the Crown Court, and she gets to work in 20 minutes.

132\
00:15:16.870 --> 00:15:33.180\
Mark Woodward - Nordic Energy: But meanwhile, we live in what people call the middle of nowhere, and we're… of course, we're not in the middle of nowhere, but you go any other direction in Sheffield, you'd be in the middle of the suburbs to, but in our particular direction, you end up on the edge of the peak.

133\
00:15:33.300 --> 00:15:41.579\
Mark Woodward - Nordic Energy: And moved here, to a rather dilapidated farmhouse.

134\
00:15:41.750 --> 00:15:45.730\
Mark Woodward - Nordic Energy: And… Barnes Setup.

135\
00:15:47.130 --> 00:15:49.320\
Mark Woodward - Nordic Energy: Leaky, 18th century.

136\
00:15:50.140 --> 00:15:53.820\
Mark Woodward - Nordic Energy: Lots of leaks, air leaks, And…

137\
00:15:54.310 --> 00:16:01.780\
Mark Woodward - Nordic Energy: an oil boiler that was probably about 30 years old, and very unreliable. So we were… Cold.

138\
00:16:02.340 --> 00:16:04.610\
Mark Woodward - Nordic Energy: And it was costing us a lot of money.

139\
00:16:04.990 --> 00:16:09.429\
Mark Woodward - Nordic Energy: And it gave me… More than a bit of food for thought.

140\
00:16:10.060 --> 00:16:13.510\
Mark Woodward - Nordic Energy: and the consequence…

141\
00:16:13.810 --> 00:16:21.609\
Mark Woodward - Nordic Energy: was I took a slightly different approach to oil and leaky 18th century farm building, and…

142\
00:16:21.870 --> 00:16:35.399\
Mark Woodward - Nordic Energy: I spent 3 years working on the place with an agricultural contractor friend of mine nearby. I was the person with the ideas about what we were going to do.

143\
00:16:35.870 --> 00:16:44.259\
Mark Woodward - Nordic Energy: I was then at the bottom of the food chain, mixing all the gobo and ordering all of the different elements.

144\
00:16:44.260 --> 00:16:56.250\
Mark Woodward - Nordic Energy: And my friend Clive was the skilled person in the middle doing all the other work. With one exception. I trained as an electrician during this process, so I did the electrics.

145\
00:16:56.590 --> 00:17:02.309\
Mark Woodward - Nordic Energy: And, first thing was retrofit.

146\
00:17:03.940 --> 00:17:05.520\
Mark Woodward - Nordic Energy: Underfloor heating.

147\
00:17:06.630 --> 00:17:07.900\
Mark Woodward - Nordic Energy: Heat pumps.

148\
00:17:09.349 --> 00:17:11.270\
Mark Woodward - Nordic Energy: They all went in first.

149\
00:17:11.910 --> 00:17:18.069\
Mark Woodward - Nordic Energy: I was seduced by the heat pump coefficient of performance, 3 or 4 to 1.

150\
00:17:18.510 --> 00:17:36.409\
Mark Woodward - Nordic Energy: remarkable technology, as you're probably all aware, that, that you put one unit of energy in and you get, depending on the technology and the circumstances, in the region of 3 to 4 units of energy out. Which is fantastic, except that

151\
00:17:36.810 --> 00:17:52.619\
Mark Woodward - Nordic Energy: the energy that you need to put in is electricity, and electricity in the UK costs four times the price of gas. And, this was something I hadn't, of course, you know, this is a gap in my due diligence on project planning.

152\
00:17:52.960 --> 00:17:58.559\
Mark Woodward - Nordic Energy: At which point, I thought, right, I better make some electricity. I've got some opportunities here with 10 acres of land.

153\
00:17:59.600 --> 00:18:03.479\
Mark Woodward - Nordic Energy: First thought was solar. We have a south-facing barn roof.

154\
00:18:04.570 --> 00:18:12.169\
Mark Woodward - Nordic Energy: 40,000 pounds, the quotation, for a 4kW system in 2000.

155\
00:18:12.310 --> 00:18:13.639\
Mark Woodward - Nordic Energy: 3, 4…

156\
00:18:14.630 --> 00:18:26.699\
Mark Woodward - Nordic Energy: generating about what they do now. The technology hasn't dramatically moved on, as, again, you're probably aware. So, about 1,000 kilowatt hours a year per kilowatt installed.

157\
00:18:27.180 --> 00:18:36.480\
Mark Woodward - Nordic Energy: So, getting for your 4 kilowatts, about 4,000 kilowatt hours. And of course, most of that comes in the summer when you need at least.

158\
00:18:37.430 --> 00:18:42.760\
Mark Woodward - Nordic Energy: So I… I thought, hold on, we have to need… perhaps need a different approach, and at 1,000 feet.

159\
00:18:43.520 --> 00:18:46.759\
Mark Woodward - Nordic Energy: Then, thought about wind technology.

160\
00:18:47.290 --> 00:18:57.879\
Mark Woodward - Nordic Energy: And… I did a postcode assessment, which was the primitive way that they did this, and it said we were marginal.

161\
00:18:58.640 --> 00:19:00.639\
Mark Woodward - Nordic Energy: And I said, no, we're not marginals.

162\
00:19:00.860 --> 00:19:11.499\
Mark Woodward - Nordic Energy: I know exactly… I can stand outside the door. I don't need to put an anemometer up to see what the wind speed is. I can feel it every time I walk outside the back door. So,

163\
00:19:11.870 --> 00:19:19.099\
Mark Woodward - Nordic Energy: Put up a proven, 6 kilowatt turbine in 2005.

164\
00:19:19.680 --> 00:19:29.190\
Mark Woodward - Nordic Energy: And these are remarkable bits of kit. They were designed by a very smart character called Gordon Proven, Scott.

165\
00:19:29.600 --> 00:19:38.070\
Mark Woodward - Nordic Energy: And their simplicity itself, they were made of… the blades were made out of plywood and a bit of fiberglass coating.

166\
00:19:38.210 --> 00:19:49.079\
Mark Woodward - Nordic Energy: And it's basically Faraday, it's just magnets and coils, and it generated spectacularly, straight away, about 14,000 kilowatt hours a year, so…

167\
00:19:49.290 --> 00:19:53.879\
Mark Woodward - Nordic Energy: It… and it costs less to put up than the solar would have cost.

168\
00:19:54.440 --> 00:20:04.829\
Mark Woodward - Nordic Energy: about 70% of the cost, and was generating 3.5 times more. It did 14,000 kilowatt hours.

169\
00:20:04.950 --> 00:20:12.199\
Mark Woodward - Nordic Energy: Hmm… So, suddenly, we're on to a bit of a winner on this. This was all before…

170\
00:20:12.350 --> 00:20:22.350\
Mark Woodward - Nordic Energy: subsidies, and so on, so there were no subsidies on the heat pumps, so it was all before renewable heat incentive and all of these things.

171\
00:20:22.990 --> 00:20:42.190\
Mark Woodward - Nordic Energy: But of course, I've now proven that it cuts, to coin a phrase, that the whole system worked, and, subsequently put up a 10kW turbine in 2011, and so a second turbine, and a, solar panels

172\
00:20:42.490 --> 00:20:46.339\
Mark Woodward - Nordic Energy: In the same year, a 4kW system that cost…

173\
00:20:46.630 --> 00:20:58.920\
Mark Woodward - Nordic Energy: 16,500 then. So, dramatically down in a decade from… oh, less than a decade from the 40,000, but obviously, significantly more than they cost now.

174\
00:20:59.770 --> 00:21:07.219\
Mark Woodward - Nordic Energy: So, what you're seeing is some of that tech, and a bit of a picture of where we are.

175\
00:21:07.650 --> 00:21:12.530\
Mark Woodward - Nordic Energy: The top left… is the proven turbine.

176\
00:21:13.690 --> 00:21:30.760\
Mark Woodward - Nordic Energy: That's actually moved locations, because unfortunately, the neighbor next door decided he didn't like the turbine and planted a load of trees on the windward side. So it stopped it working, so I had to move it across the field. Such is life, you know, these are the kind of things that test you.

177\
00:21:31.220 --> 00:21:44.199\
Mark Woodward - Nordic Energy: there are a lot of other things that tested too, because wind turbines are mechanical engineering and somewhat fragile, until you've got the setup right. And we've got the setup right now, so they're not fragile anymore.

178\
00:21:44.330 --> 00:21:47.699\
Mark Woodward - Nordic Energy: But we had an awful lot of issues with

179\
00:21:47.970 --> 00:22:06.539\
Mark Woodward - Nordic Energy: particularly the… the Xeris turbine, which is in the bottom right, the 10kW turbine. It's an American design, very innovative, fantastic piece of kit, but the setup wasn't right, and they hadn't got the design actually nailed down, so we had a lot of breakdowns, and it's…

180\
00:22:06.590 --> 00:22:15.399\
Mark Woodward - Nordic Energy: it took more than a decade to really get through all those and get everything sorted out. So things like,

181\
00:22:15.550 --> 00:22:21.320\
Mark Woodward - Nordic Energy: We put two 6-kilowatt inverters To capture the 10 kilowatts.

182\
00:22:21.740 --> 00:22:23.900\
Mark Woodward - Nordic Energy: It actually generated…

183\
00:22:24.020 --> 00:22:31.210\
Mark Woodward - Nordic Energy: Right up to those 12 kilowatts, and we kept on having inverter failures, because they'd be hitting their peaks.

184\
00:22:31.490 --> 00:22:47.350\
Mark Woodward - Nordic Energy: So we added a… in the last few years, we've added a third inverter, 6 kilowatt inverter. We've now got 18kW of inverter headroom with a 10kW turbine, and the difference has been substantial. We haven't had a

185\
00:22:47.560 --> 00:22:55.939\
Mark Woodward - Nordic Energy: a breakdown since, and… and a lot of the other things have been adjusted to, like, the different settings. So, it's not an easy…

186\
00:22:56.320 --> 00:23:08.139\
Mark Woodward - Nordic Energy: world this. Yeah, things like solar is incredibly straightforward. There's no problem with solar, unless you've got an incompetent installer.

187\
00:23:08.250 --> 00:23:24.820\
Mark Woodward - Nordic Energy: Yes, there are issues with, perhaps, you know, roof strength and so on, but, you know, fundamentally, it's an easy technology, and we've had zero maintenance on that, and we've seen very little degradation in performance over

188\
00:23:24.820 --> 00:23:39.599\
Mark Woodward - Nordic Energy: 15 years. You know, there were lots of stories. First, started doing, solar installs, that… that there would be a need for replacement in…

189\
00:23:39.600 --> 00:24:04.340\
Mark Woodward - Nordic Energy: you know, 15 to 20 years, well, it's certainly not our experience, and I don't clean them, because they're on top of one of the barn roofs, and you can see them there. It's very nice when you've got a bit of scaffolding there, which was when they were put up in the first place, but that's not sitting there, and I'm not going up on mill ladders particularly, so… but again, I just haven't seen the degradation to justify it. If I'd seen that, then obviously I'd have had a different approach.

190\
00:24:04.910 --> 00:24:08.290\
Mark Woodward - Nordic Energy: And the bottom left are the two heat pumps.

191\
00:24:08.600 --> 00:24:15.310\
Mark Woodward - Nordic Energy: So they're down in the cellar, so we've got all the technology down in the cellar, and I monitor that,

192\
00:24:15.630 --> 00:24:32.639\
Mark Woodward - Nordic Energy: on a weekly basis, and I'm planning to put a digital recording system in for that, and be able to publish that eventually. So, real-time access, particularly for schools and so on, to actually be able to see, you know, linked up to a weather station, see what the weather's like.

193\
00:24:32.910 --> 00:24:39.009\
Mark Woodward - Nordic Energy: see what the outputs of the technologies are and so on. It'd be… I think it'd be a useful piece of,

194\
00:24:39.150 --> 00:24:41.380\
Mark Woodward - Nordic Energy: education opportunity.

195\
00:24:41.950 --> 00:24:49.169\
Mark Woodward - Nordic Energy: So… That, that is that side, and we, you know, we… we happen to also…

196\
00:24:49.290 --> 00:24:53.040\
Mark Woodward - Nordic Energy: grow our own fruit and veg, etc. I was,

197\
00:24:53.080 --> 00:25:13.299\
Mark Woodward - Nordic Energy: And, produce an awful lot of our… I used to keep pigs as well. We'd keep chickens. I haven't got time to keep the pigs as well at the minute, but I'll go… we'll go back to pigs eventually. I used to butcher them myself. I self-taught all that stuff, and I had a local abattoir that would do the killing for us, so they didn't have to go very far.

198\
00:25:13.300 --> 00:25:17.329\
Mark Woodward - Nordic Energy: And, and so we've…

199\
00:25:17.520 --> 00:25:34.800\
Mark Woodward - Nordic Energy: We're not self-sufficient, but we don't have a problem when there is a problem in the food chain, because we've got plenty in reserve, either canned or frozen, or actually sitting out in the veg plot that we can use at almost every time… every moment of the year.

200\
00:25:35.720 --> 00:25:54.990\
Mark Woodward - Nordic Energy: So that's… oh, oh yes, and we have won. We won an international award on our, our install and so on. This was a few years ago. From Construction Vendaire, a French-based, company,

201\
00:25:55.240 --> 00:26:13.270\
Mark Woodward - Nordic Energy: But I was… I was working with this team on a… on a European project at the time, and they suggested of putting an entry, and we… we didn't actually win the category, but we, we, we, we came effectively second. And there's… you can see where, you know, this is the layout of the farm, so that…

202\
00:26:13.570 --> 00:26:18.729\
Mark Woodward - Nordic Energy: proven turbine is where my cursor is at the minute, and I've moved it across over here.

203\
00:26:18.870 --> 00:26:21.670\
Mark Woodward - Nordic Energy: And this is the Xeris turbine.

204\
00:26:22.150 --> 00:26:24.659\
Mark Woodward - Nordic Energy: And, there's the solar panels.

205\
00:26:24.860 --> 00:26:28.389\
Mark Woodward - Nordic Energy: And, here's my veg plot.

206\
00:26:28.660 --> 00:26:31.420\
Mark Woodward - Nordic Energy: And we use the rest of the land for…

207\
00:26:31.740 --> 00:26:45.620\
Mark Woodward - Nordic Energy: We've got ponies and, livery, so it's grazing and so on, and then this is an orchard, and a woodland area that we… the Woodland Trust gave us some support with that.

208\
00:26:45.850 --> 00:26:51.390\
Mark Woodward - Nordic Energy: And we now have a… a charity called Kids Plant Trees that

209\
00:26:51.530 --> 00:27:07.270\
Mark Woodward - Nordic Energy: use this field now. They've put up a field shelter, and they do, outreach work to inner-city children, to come and see what life in the countryside is all about, and obviously get an opportunity to see the other things that we do. So.

210\
00:27:07.720 --> 00:27:14.990\
Mark Woodward - Nordic Energy: I don't get directly involved in that. I have done this kind of work, because obviously with my teaching background, something I could very much do, but I'm pulled out with

211\
00:27:15.250 --> 00:27:25.549\
Mark Woodward - Nordic Energy: doing the Nordic energy work, but we've effectively given them this field, and they bring people up, and they have a volunteer community working.

212\
00:27:25.650 --> 00:27:34.689\
Mark Woodward - Nordic Energy: on this. This is just sort of really getting going at the moment. So, yeah, we're really pleased to be involved with Acts. It's also very much

213\
00:27:35.090 --> 00:27:42.379\
Mark Woodward - Nordic Energy: Fits with our values as to how we're trying to offer community values as part of the work that… work that we do.

214\
00:27:42.830 --> 00:27:50.609\
Mark Woodward - Nordic Energy: Now, I'm going to talk about the toolkit that we've developed.

215\
00:27:51.290 --> 00:27:56.779\
Mark Woodward - Nordic Energy: touch first a little bit about Nordic… Nordic Energy. We're a small company, 4 directors.

216\
00:27:58.320 --> 00:28:07.689\
Mark Woodward - Nordic Energy: on the… Business development, stakeholder engagement, Sales, marketing, lead.

217\
00:28:08.640 --> 00:28:21.930\
Mark Woodward - Nordic Energy: And then we've got specific expertise from the three other directors. Steve Hayes, who's the architect of what I'm going to show you on the digital tools, he's quite a brilliant person.

218\
00:28:22.520 --> 00:28:37.210\
Mark Woodward - Nordic Energy: And, able to design these tools and do the execution himself, but we've also got a team that we've employed behind this as well, courtesy of Innovate UK funding on…

219\
00:28:37.210 --> 00:28:45.650\
Mark Woodward - Nordic Energy: what was called, because it's now over, Peterborough Accelerated Net Zero Project. And that's how I met Gemma in Peckt.

220\
00:28:45.730 --> 00:28:51.120\
Mark Woodward - Nordic Energy: And, that's been an incredibly successful

221\
00:28:51.330 --> 00:29:00.370\
Mark Woodward - Nordic Energy: project on progressing, renewable energy, Net-zero projects inside

222\
00:29:00.600 --> 00:29:16.939\
Mark Woodward - Nordic Energy: the Peterborough area, and then outreach beyond it, too. You'll be aware that Innovate UK basically exists to give companies like ours a bit of a leg up at the early stage of development, which is very costly, particularly if you're employing people who have got very high-level skills.

223\
00:29:17.000 --> 00:29:24.780\
Mark Woodward - Nordic Energy: Which is what we've done. All the money, pretty much, that we got on grant funding went on people, not on kit.

224\
00:29:25.590 --> 00:29:31.709\
Mark Woodward - Nordic Energy: And and then hopefully, you know, we're right in the middle of launch.

225\
00:29:31.710 --> 00:29:45.750\
Mark Woodward - Nordic Energy: period on this, where we've got to make money out of the things that we've developed, because the grant funding has come to an end on that. But we have managed to create a commercially viable project.

226\
00:29:45.750 --> 00:29:48.369\
Mark Woodward - Nordic Energy: Which is what I'm going to talk about with the toolkit.

227\
00:29:48.730 --> 00:30:05.829\
Mark Woodward - Nordic Energy: But the other two directors beyond… well, Steve also was… worked for 10 years at Nottingham City Council on the renewable energy project side, so he's got a range of skills that obviously fit very well. Then he, then we have Bob Barnes, who worked for…

228\
00:30:05.910 --> 00:30:15.070\
Mark Woodward - Nordic Energy: over a decade inside the energy consultancies and energy, developers, such as Eon.

229\
00:30:15.260 --> 00:30:16.680\
Mark Woodward - Nordic Energy: And he creates…

230\
00:30:16.880 --> 00:30:34.489\
Mark Woodward - Nordic Energy: outline business cases and full business cases that are much more intelligible to a range of stakeholders, so you… you look at the front end. As a layperson, you can work out what the commercial model's all about, whereas they're rather… they are rather sort of intimidating in

231\
00:30:34.490 --> 00:30:44.619\
Mark Woodward - Nordic Energy: intimidating, looking at a commercial model when you're not familiar with it, but he makes the front end very, visually, clear, and then

232\
00:30:44.790 --> 00:30:48.409\
Mark Woodward - Nordic Energy: From there, obviously, you've got the detail and complexity that sits behind it.

233\
00:30:48.850 --> 00:30:57.370\
Mark Woodward - Nordic Energy: But what he does, he… for the toolkit, We… we… we can create… technical designs.

234\
00:30:57.700 --> 00:31:06.969\
Mark Woodward - Nordic Energy: and integrated business cases in minutes for different projects. So, we're trying to… what we're trying to do is save the public purse

235\
00:31:07.130 --> 00:31:21.069\
Mark Woodward - Nordic Energy: Money, because feasibility studies cost a lot of money, and take a lot of time, and the procurement period is lengthy, so people take a long time to work out what they're going to do, and agree who's going to do it.

236\
00:31:21.790 --> 00:31:34.970\
Mark Woodward - Nordic Energy: They then produce a written report that costs a lot of money and takes a lot of time to produce, and by the time it's published and people have decided they might want to do with something that's out of date. And what we're trying to do is accelerate that whole early-stage

237\
00:31:35.550 --> 00:31:51.080\
Mark Woodward - Nordic Energy: process to make it, a more transparent and more adaptable. So as circumstances change, you can change the details, the technical details, the commercial details, and make, you know, move the whole thing on.

238\
00:31:51.360 --> 00:31:55.119\
Mark Woodward - Nordic Energy: Much more, rapidly.

239\
00:31:55.330 --> 00:31:56.969\
Mark Woodward - Nordic Energy: And at much less cost.

240\
00:31:57.550 --> 00:32:01.960\
Mark Woodward - Nordic Energy: And our fourth director is a guy called Daryl Pope.

241\
00:32:02.210 --> 00:32:12.590\
Mark Woodward - Nordic Energy: He has worked at senior level in utilities, so he's on the board at Anglian Water, and I first worked with him

242\
00:32:12.850 --> 00:32:25.619\
Mark Woodward - Nordic Energy: Where he was the owner's engineer for a major international investor for two biomass power plants, one in Rotherham, one in Kent, and he was simultaneously leading

243\
00:32:25.940 --> 00:32:38.240\
Mark Woodward - Nordic Energy: the construction of those, or at least the oversight of the construction for the investor to make sure things were done on cost and on time. So, as a business, we…

244\
00:32:38.720 --> 00:32:47.810\
Mark Woodward - Nordic Energy: Creating the opportunity to go from early-stage opportunity identification at speed and at low cost into sophisticated project

245\
00:32:47.970 --> 00:33:00.009\
Mark Woodward - Nordic Energy: delivery. But rather than concentrate on all those bits, I'll just show you the toolkit, because I think you'll find this most interesting. We've developed… this toolkit we've developed has got 3 tools.

246\
00:33:00.730 --> 00:33:05.180\
Mark Woodward - Nordic Energy: Loki, Odin, and Thor.

247\
00:33:05.740 --> 00:33:20.479\
Mark Woodward - Nordic Energy: The Loki tool, the one that we've got on the screen at the minute, is actually one that wasn't developed through the Innovate UK program. We've developed it in the last 6 months for another project that we're working on with the York and North Yorkshire Combined

248\
00:33:20.740 --> 00:33:29.499\
Mark Woodward - Nordic Energy: authority. And this is a very early identifi… project identification tool, and this is something that

249\
00:33:29.630 --> 00:33:34.219\
Mark Woodward - Nordic Energy: You know, might be of interest to you as collect… collectively, because

250\
00:33:35.530 --> 00:33:42.939\
Mark Woodward - Nordic Energy: What it does is, on a 3D map, and this is obviously just a flat, screenshot.

251\
00:33:43.490 --> 00:33:45.580\
Mark Woodward - Nordic Energy: But on a 3D map, it…

252\
00:33:45.950 --> 00:33:49.600\
Mark Woodward - Nordic Energy: It… it enables you to… to…

253\
00:33:50.480 --> 00:33:54.520\
Mark Woodward - Nordic Energy: Have a look round and see what technology

254\
00:33:54.680 --> 00:33:57.879\
Mark Woodward - Nordic Energy: Opportunities there might be in different locations.

255\
00:33:59.230 --> 00:34:04.560\
Mark Woodward - Nordic Energy: And to support that, on the left-hand side, you will see that there are different

256\
00:34:04.930 --> 00:34:08.260\
Mark Woodward - Nordic Energy: Numbers, and a menu of…

257\
00:34:08.530 --> 00:34:13.600\
Mark Woodward - Nordic Energy: different things. If it was fully exposed, you'd see things like AD,

258\
00:34:13.880 --> 00:34:28.859\
Mark Woodward - Nordic Energy: solar, wind, and different elements of those types of projects in a menu of layers, and they're all GIS layers, geographical information system layers, that give intel across the whole of that

259\
00:34:29.090 --> 00:34:47.749\
Mark Woodward - Nordic Energy: area, so you can just turn those layers on and off, depending on what you want to look at, whether it's, you know, solar gain, or whether it's wind speeds, or geothermal. I say, we've got all the AD plants mapped across this area, all the energy from waste plants, the ones that are pending.

260\
00:34:47.750 --> 00:34:52.130\
Mark Woodward - Nordic Energy: Et cetera, et cetera. Hydro, so we've mapped the, the rivers.

261\
00:34:52.330 --> 00:35:10.290\
Mark Woodward - Nordic Energy: And we know the flow rates of all the rivers at all the different location points, and the, you know, drop points, so where… where you might have an escarpment or something that could be potentially useful from a… from a wind… a water,

262\
00:35:10.720 --> 00:35:15.739\
Mark Woodward - Nordic Energy: Hydro, harvesting, electricity harvesting program.

263\
00:35:16.080 --> 00:35:22.659\
Mark Woodward - Nordic Energy: So what we've done with this is that all those stars that you can see on the map.

264\
00:35:22.890 --> 00:35:30.730\
Mark Woodward - Nordic Energy: Our project ideas points that we identified as effectively a long list for the combined authority as

265\
00:35:30.730 --> 00:35:41.480\
Mark Woodward - Nordic Energy: what we saw as potential opportunities for different technologies. Now, within those, people can go in and put their comments about those, so we've given access to the map to people like

266\
00:35:41.480 --> 00:36:04.390\
Mark Woodward - Nordic Energy: heads of planning, heads of highways, asset management, investment boards, and so on, for the combined authority. So, literally, people can go in, instead of putting a report in, they can click on a project location. You know, the head of planning might say, hold on a minute, you can't go there because we put a moratorium on planning in that area two years ago, and we can't go outside that for another 4 years or something.

267\
00:36:04.390 --> 00:36:25.599\
Mark Woodward - Nordic Energy: So, you know, obviously a very… that knocks that project out, if that's the case, immediately. So you don't waste a lot of time chasing things that are not going to be viable from the outset. And meanwhile, you can put useful things in that says, well, this looks like a good opportunity, the potential for this is this, things you need to consider are…

268\
00:36:25.600 --> 00:36:28.200\
Mark Woodward - Nordic Energy: Land ownership, for example,

269\
00:36:28.200 --> 00:36:53.160\
Mark Woodward - Nordic Energy: we actually have on this map the land that's owned by the different councils that we can bring up as layers, but then a lot of it's privately owned land and so on that we don't have inbuilt, because there's a cost to that from the land registry. But the detail like that can all be added, and then you can start putting together a picture, and then all the stakeholders in the project can see what's going

270\
00:36:53.160 --> 00:36:57.560\
Mark Woodward - Nordic Energy: on in that particular location. I'm…

271\
00:36:58.370 --> 00:37:01.529\
Mark Woodward - Nordic Energy: This project will run for 8 months.

272\
00:37:01.840 --> 00:37:04.920\
Mark Woodward - Nordic Energy: We started, standing start in January.

273\
00:37:05.230 --> 00:37:08.199\
Mark Woodward - Nordic Energy: Long list of nearly 50 projects.

274\
00:37:08.600 --> 00:37:10.970\
Mark Woodward - Nordic Energy: has been completed.

275\
00:37:11.630 --> 00:37:18.789\
Mark Woodward - Nordic Energy: We're down to 23 for feasibility studies, and we will… we will do 23 feasibility studies by the end of August.

276\
00:37:19.820 --> 00:37:26.590\
Mark Woodward - Nordic Energy: Now, typically, a feasibility study for, say, a heat network will cost you somewhere between 70 and 100 and…

277\
00:37:27.130 --> 00:37:31.800\
Mark Woodward - Nordic Energy: Some thousand pounds for one study in a written report.

278\
00:37:32.910 --> 00:37:42.989\
Mark Woodward - Nordic Energy: we're doing 23 in a digital format that's… that are editable, and so on, in substantially less time. So this is where we…

279\
00:37:43.500 --> 00:37:45.059\
Mark Woodward - Nordic Energy: Trying to add the value.

280\
00:37:46.430 --> 00:37:54.300\
Mark Woodward - Nordic Energy: And our owning tool enables us to… to… Create…

281\
00:37:54.410 --> 00:37:58.379\
Mark Woodward - Nordic Energy: Technical and commercial feasibility studies in minutes.

282\
00:37:58.530 --> 00:38:04.909\
Mark Woodward - Nordic Energy: for different types of projects. There's a bit of a screenshot of a rooftop solar project.

283\
00:38:05.150 --> 00:38:09.770\
Mark Woodward - Nordic Energy: But we… we do…

284\
00:38:10.080 --> 00:38:18.429\
Mark Woodward - Nordic Energy: car parks, and ground mounts, and wind, and EV charging, and a retrofit module. These all work slightly differently.

285\
00:38:19.070 --> 00:38:22.089\
Mark Woodward - Nordic Energy: And I'll show you… I'll take you through that in a moment.

286\
00:38:23.020 --> 00:38:28.399\
Mark Woodward - Nordic Energy: And… Seamlessly, you can export the data from that.

287\
00:38:28.540 --> 00:38:35.880\
Mark Woodward - Nordic Energy: technical… And feasibility study, and actually, let's just go back to that, did I?

288\
00:38:36.260 --> 00:38:41.719\
Mark Woodward - Nordic Energy: Mmm… Where are we? If you see…

289\
00:38:41.950 --> 00:38:52.219\
Mark Woodward - Nordic Energy: here on the Odin module, you can see some… it's a bit unclear on this screenshot, but there are some high-level metrics around that, and then…

290\
00:38:53.110 --> 00:39:12.080\
Mark Woodward - Nordic Energy: you can click onto it and see the technical design parameters and the commercial outputs as well. It creates a business case straight away, and I'll demo that. That's probably the easiest way of doing that. And then, going out into the Thor tool, which is a project guide, so it takes you through the different

291\
00:39:12.570 --> 00:39:21.729\
Mark Woodward - Nordic Energy: Stages that you need to go through to develop a project. To do the early stage design, and potentially through to later stage design as well.

292\
00:39:22.490 --> 00:39:40.840\
Mark Woodward - Nordic Energy: And it's a check… there's a checklist, and it will sort of log the progress that you're making against doing all the different tasks that you need to do under all the different sections. So it includes this technology and finance and stakeholder engagement and so on. So, obviously, a lot of the people at work

293\
00:39:40.990 --> 00:39:53.279\
Mark Woodward - Nordic Energy: in the public sector, they're not infrastructure delivery people. They are, they have a wide remit of tasks. So, the purpose of this tool, it's… this is from…

294\
00:39:53.380 --> 00:40:03.070\
Mark Woodward - Nordic Energy: Particularly from Steve's hard-earned experience in a local authority of trying to manage complex tasks across different areas of work.

295\
00:40:03.480 --> 00:40:07.039\
Mark Woodward - Nordic Energy: Having something that actually steers you through that process.

296\
00:40:07.770 --> 00:40:12.500\
Mark Woodward - Nordic Energy: is proving very valuable. It's a very seamless process to move from one to the other.

297\
00:40:13.770 --> 00:40:19.640\
Mark Woodward - Nordic Energy: Excuse me. So that's… Those are the tools, and if I just…

298\
00:40:20.510 --> 00:40:24.660\
Mark Woodward - Nordic Energy: Come out of that, and then…

299\
00:40:26.840 --> 00:40:35.160\
Mark Woodward - Nordic Energy: Where are we? Are we into… oh, we're in Zoom. Right. This is into our Odin.

300\
00:40:35.740 --> 00:40:36.550\
Mark Woodward - Nordic Energy: Ugh.

301\
00:40:37.490 --> 00:40:39.400\
Mark Woodward - Nordic Energy: Am I not sharing anymore?

302\
00:40:43.070 --> 00:40:45.419\
Graham Stoddart-Stones - Great Collaboration - Bembridge: You stopped sharing just a few seconds ago.

303\
00:40:45.420 --> 00:40:52.480\
Mark Woodward - Nordic Energy: Okay, let's, let me just… That's… this should… Yeah.

304\
00:40:53.070 --> 00:40:59.939\
Mark Woodward - Nordic Energy: Yeah, I just changed the window, and it decided it was gonna come out, the whole thing. So…

305\
00:41:00.620 --> 00:41:08.230\
Mark Woodward - Nordic Energy: This is… into our odin tool, and this is Peterborough.

306\
00:41:08.940 --> 00:41:11.879\
Mark Woodward - Nordic Energy: This works very much like Google.

307\
00:41:12.210 --> 00:41:18.259\
Mark Woodward - Nordic Energy: Earth… And, we can zoom in on different areas.

308\
00:41:18.260 --> 00:41:41.840\
Mark Woodward - Nordic Energy: These light… light green areas are actually the heat network zones. I won't go into what all that's about. There's a major shift in government policy on heat network, making heat networks more accessible. And this is one of the things, and it's something that we've actually been working on. And so this is a zone, and it makes it… it makes it easier to sort of demonstrate what I'm going to do. And what we can do here is…

309\
00:41:41.840 --> 00:41:43.820\
Mark Woodward - Nordic Energy: This happens to be… that's…

310\
00:41:44.030 --> 00:41:52.400\
Mark Woodward - Nordic Energy: if I just click on that, that's Peterborough City Hospital. So it's on a major heat demand, so that makes that a very attractive

311\
00:41:52.480 --> 00:42:09.680\
Mark Woodward - Nordic Energy: kind of an anchor load, as we call them, or a heat network in that location that would include other buildings. You see, I've just clicked on the building, and I've got some early-stage information about the energy demand of that building. This is all layers that are built into the modeling.

312\
00:42:09.920 --> 00:42:18.590\
Mark Woodward - Nordic Energy: Now, what I'm going to do is, I'm going to select this area, and select…

313\
00:42:18.910 --> 00:42:22.570\
Mark Woodward - Nordic Energy: The buildings in… that zone.

314\
00:42:23.710 --> 00:42:34.660\
Mark Woodward - Nordic Energy: And then I'm going to put a filter of 100 megawatt hours, because connecting individual homes to a heat network

315\
00:42:34.660 --> 00:42:57.720\
Mark Woodward - Nordic Energy: is a bit of a challenge, commercially. It's expensive, doing all those connections, and for the… for the income that you get from people paying their bills, it doesn't tend to work at the moment. And so, what we… what we've done there is we've got rid of all the smaller heat loads, and we've just left with the major buildings. You'll see on the top row, there's 39 buildings there.

316\
00:42:57.720 --> 00:43:02.719\
Mark Woodward - Nordic Energy: with a peak demand of 14 megawatts. Do we need to go into the…

317\
00:43:02.740 --> 00:43:27.040\
Mark Woodward - Nordic Energy: settings, and make sure we've got enough capacity there. So on the primary heat, I'm going to lift that to… well, I'll lift it to 15, actually. 15 megawatts. You can see different plant types here, so we've got recovered heat, we'll keep it at that, with a backup secondary plant air source heat pump, and then in dire straits, you know, when everything goes… perhaps all the electricity goes down in the network.

318\
00:43:27.040 --> 00:43:35.389\
Mark Woodward - Nordic Energy: You might still need to have gas boilers as an emergency, particularly if you've got a hospital on your network, for example.

319\
00:43:35.430 --> 00:43:50.239\
Mark Woodward - Nordic Energy: So you've got a certain amount of capacity, then, as resilience, and then you can see some other things that we've built into the modeling for the commercials, etc. But that gives us the capacity. Now, I just need to…

320\
00:43:50.870 --> 00:43:53.180\
Mark Woodward - Nordic Energy: Set up a source

321\
00:43:53.670 --> 00:44:09.820\
Mark Woodward - Nordic Energy: of heat, and I'm going to put it there. You can see we get tips on the model that shows you, what's going on and what you might want to do next. So I've got a heat source next to that building, and then it's going to connect all these up, and all I have to do is press

322\
00:44:09.960 --> 00:44:11.000\
Mark Woodward - Nordic Energy: play.

323\
00:44:11.310 --> 00:44:22.730\
Mark Woodward - Nordic Energy: And… Now, they… tool will… Work out the most commercially effective way.

324\
00:44:23.710 --> 00:44:34.870\
Mark Woodward - Nordic Energy: Of connecting it… Those… Selected buildings, those 39 buildings, into a heat network.

325\
00:44:36.200 --> 00:44:39.899\
Mark Woodward - Nordic Energy: And at the same time, it will work out things like pipe sizing.

326\
00:44:40.880 --> 00:44:44.280\
Mark Woodward - Nordic Energy: And it will produce a commercial model.

327\
00:44:44.420 --> 00:44:45.879\
Mark Woodward - Nordic Energy: And it's done it.

328\
00:44:46.210 --> 00:44:48.900\
Mark Woodward - Nordic Energy: So, in the time we've just been watching there.

329\
00:44:49.280 --> 00:44:58.529\
Mark Woodward - Nordic Energy: Now, what I will do to make it a bit more easy to see, I'm going to get… turn the zoning layer off. I might just turn the building layer off as well.

330\
00:44:58.530 --> 00:45:06.939\
tristram cary Winchfield Hampshire: Mark, I'm so sorry, can I just interrupt and ask? Yes. Just to be clear, I'm not sure I've understood. The heat network is entirely hot water, is it?

331\
00:45:06.940 --> 00:45:07.560\
Mark Woodward - Nordic Energy: Yes.

332\
00:45:07.900 --> 00:45:10.310\
tristram cary Winchfield Hampshire: Okay, and so it's no electricity, you can't… you're not.

333\
00:45:10.310 --> 00:45:10.690\
Mark Woodward - Nordic Energy: Well, generally.

334\
00:45:10.690 --> 00:45:11.640\
tristram cary Winchfield Hampshire: electricity.

335\
00:45:11.640 --> 00:45:23.850\
Mark Woodward - Nordic Energy: you're not generating electricity. Now, this is a heat. This is a provision of heat. So, yeah, and this is one of the big challenges on decarbonization, because we're actually quite…

336\
00:45:23.850 --> 00:45:32.230\
Mark Woodward - Nordic Energy: good at decarbonizing electricity. Obviously, there's a long way to go to get full capacity, but we're generating at times. You're probably aware that

337\
00:45:32.230 --> 00:45:49.829\
Mark Woodward - Nordic Energy: Sometimes we've been fully powered by, renewable energy in the UK. And and on average, we're about 50%, approximately, across the year. So that, you know, that's quite good. There are complexities to that.

338\
00:45:49.830 --> 00:45:57.570\
Mark Woodward - Nordic Energy: You know, calculation. But heat is a nightmare, because we have, gone down the route

339\
00:45:57.930 --> 00:46:09.209\
Mark Woodward - Nordic Energy: Quite logically, over time, of being gas dependent. We had our own gas, we still have our own gas. And, gas is therefore very cheap.

340\
00:46:09.210 --> 00:46:18.029\
Mark Woodward - Nordic Energy: 85-90% of all heating is provided by gas, and so the transition away from that is staggeringly difficult.

341\
00:46:18.030 --> 00:46:22.290\
tristram cary Winchfield Hampshire: So Loki, Odin, and Thor just deal with the heat network.

342\
00:46:22.290 --> 00:46:24.889\
Mark Woodward - Nordic Energy: No, no, no, no, they did with so… they did with…

343\
00:46:24.890 --> 00:46:25.320\
tristram cary Winchfield Hampshire: to hold.

344\
00:46:25.320 --> 00:46:28.580\
Mark Woodward - Nordic Energy: Also to any, all, any technology, I'm just demonstrating it here.

345\
00:46:28.580 --> 00:46:30.200\
tristram cary Winchfield Hampshire: Thank you so much, sorry to…

346\
00:46:30.200 --> 00:46:50.800\
Mark Woodward - Nordic Energy: That's right, that's all right. So, yeah, I could have demonstrated any one of those other technologies that were on the list on one of the slides, solar car parks, rooftops, or ground mount, or wind, or whatever. So if we just, you know, we just move in here, so you can see that

347\
00:46:50.860 --> 00:47:01.200\
Mark Woodward - Nordic Energy: the modeling that we do, I say it's 3D interactive, so you can search the site. So if you're… if you're trying to, sort of, explain to a stakeholder, somebody, or

348\
00:47:01.200 --> 00:47:11.349\
Mark Woodward - Nordic Energy: person in the community, what you're suggesting might take place, then this enables you to do it. And this is the pipe routine. If you click on a length of pipe.

349\
00:47:11.720 --> 00:47:25.040\
Mark Woodward - Nordic Energy: That particular length of pipe there, serves, let's do it again… Two connections, and it would cost about $150,000 to…

350\
00:47:25.280 --> 00:47:34.829\
Mark Woodward - Nordic Energy: To, the capital cost of digging that length, particular individual, just, length of pipe in, it'd be about 100… it'd be 100 milli, diameter.

351\
00:47:34.950 --> 00:47:58.610\
Mark Woodward - Nordic Energy: And it's 92 meters, hard dig length. Hard dig means, typically, you're digging up the roads, rather than you can go through a field or some scrub, or something like that. Obviously, soft dig is much, cheaper, but there's very few areas of soft dig available for something like this. But you can… the point really is just to show you the information that you can build around this.

352\
00:47:58.610 --> 00:48:04.319\
Mark Woodward - Nordic Energy: And then… This is an overview of how that project looks

353\
00:48:04.380 --> 00:48:07.479\
Mark Woodward - Nordic Energy: And it summarizes the pipes.

354\
00:48:07.890 --> 00:48:12.650\
Mark Woodward - Nordic Energy: They're involved, and it gives you some core…

355\
00:48:12.860 --> 00:48:17.000\
Mark Woodward - Nordic Energy: commercial metrics, which are summarized also in this box here, so…

356\
00:48:17.000 --> 00:48:40.529\
Mark Woodward - Nordic Energy: The total capital cost of that network is $47 million. The IRR is 7.2, which, if you're familiar with things like that, that's a pretty decent IRR, particularly for a public project. Not necessarily good enough for a lot of private investors, but it's very promising on a public sector project that

357\
00:48:40.530 --> 00:48:57.020\
Mark Woodward - Nordic Energy: and the net present value, another economic indicator, $22.1 million. So it looks quite promising, this, and then you've got a 50-year overview of the modeling, and so on, and sitting behind that is a very detailed

358\
00:48:57.390 --> 00:49:00.020\
Mark Woodward - Nordic Energy: Oh, well, will this… let's see if,

359\
00:49:00.400 --> 00:49:03.990\
Mark Woodward - Nordic Energy: We can do this without losing the screen. Oh, it's popped up.

360\
00:49:04.600 --> 00:49:14.369\
Mark Woodward - Nordic Energy: hopefully you'll still be able to see this. And this is the full commercial analysis behind this, and

361\
00:49:14.630 --> 00:49:18.350\
Mark Woodward - Nordic Energy: You've got all the connections, details, the addresses.

362\
00:49:18.400 --> 00:49:24.480\
Mark Woodward - Nordic Energy: The, the heat demand, the peak demand,

363\
00:49:24.480 --> 00:49:38.990\
Mark Woodward - Nordic Energy: All the commercial… different commercial outputs is the complexity of these models, and, and then some view of the cost of electricity, gas, and whatever other technologies that are relevant to the, going forward.

364\
00:49:39.170 --> 00:49:43.129\
Mark Woodward - Nordic Energy: And, and then the summary… summary information.

365\
00:49:43.530 --> 00:49:50.520\
Mark Woodward - Nordic Energy: as I say, that is much more user-friendly at the… at the front… the front end of this.

366\
00:49:50.950 --> 00:49:54.109\
Mark Woodward - Nordic Energy: So I'll just go back to the map.

367\
00:49:54.320 --> 00:49:55.490\
Mark Woodward - Nordic Energy: So…

368\
00:49:55.680 --> 00:50:05.240\
Mark Woodward - Nordic Energy: I'm just… and then we connect… well, let me just, what did I call this? Mark 89765. Let's, get rid of that. Let's,

369\
00:50:05.650 --> 00:50:09.549\
Mark Woodward - Nordic Energy: Where are we? Let's go back to the project.

370\
00:50:09.850 --> 00:50:13.140\
Mark Woodward - Nordic Energy: Let's find that one.

371\
00:50:14.560 --> 00:50:19.260\
Mark Woodward - Nordic Energy: 89765, go to the three dots, export to Thor.

372\
00:50:19.820 --> 00:50:28.010\
Mark Woodward - Nordic Energy: And this will automatically, take through to the Thor,

373\
00:50:28.510 --> 00:50:32.929\
Mark Woodward - Nordic Energy: tool, and I click on the technology side.

374\
00:50:33.250 --> 00:50:36.489\
Mark Woodward - Nordic Energy: And this is your project management planner, so…

375\
00:50:36.770 --> 00:50:57.359\
Mark Woodward - Nordic Energy: Yeah, let's see… risk assessment. So, who have you got to talk to about the risk assessment, community engagement officer, construction manager, and so on? What have you got to do? Identify potential risks, technical, financial, legal, environmental, assess the likelihood and impact of each risk, prioritize risks. So, as you work your way through these, you can check these off.

376\
00:50:57.590 --> 00:51:13.300\
Mark Woodward - Nordic Energy: And then in your project progress, you're tracking all that through. And… and you do this under… do this under different headings, so on the finance, you know, all these things we've got to look at. So, funding and financing, you know, grant applications.

377\
00:51:13.470 --> 00:51:23.349\
Mark Woodward - Nordic Energy: For a heat network, prepare a green heat network fund application, and again, you know, you tick something off, and then it appears in the project plan. So, the,

378\
00:51:23.870 --> 00:51:28.090\
Mark Woodward - Nordic Energy: The whole toolkit, I'll stop sharing there, is…

379\
00:51:28.090 --> 00:51:46.110\
Mark Woodward - Nordic Energy: is about very quickly taking you from opportunity identification of different technologies, solar, winds, heat networks, etc. And on the Loki tool, we've gone a lot further. We haven't modeled all of those into Odin and Thor yet, but things like AD, energy from waste, etc.

380\
00:51:46.110 --> 00:51:49.919\
Mark Woodward - Nordic Energy: So strategically, you can then sort of whiz…

381\
00:51:49.920 --> 00:52:08.469\
Mark Woodward - Nordic Energy: through that process, and speed up the development of projects dramatically. Right, I've gone on a mighty long time, and I've exceeded Graham's allowed presentation time, but, I thought you might be interested in seeing, you know, how those tools particularly work. So, any questions? Tristram?

382\
00:52:11.800 --> 00:52:23.729\
tristram cary Winchfield Hampshire: Absolutely amazing, thank you very much, it was wonderful. Have you got the data for everywhere in the country in that, in those tools, or if we did it in North Hampshire, how does that work?

383\
00:52:23.730 --> 00:52:26.039\
Mark Woodward - Nordic Energy: Yeah, well, right.

384\
00:52:26.630 --> 00:52:33.150\
Mark Woodward - Nordic Energy: two different things there. Some of the data sets are just publicly available, and we've just been built those in

385\
00:52:33.650 --> 00:52:42.960\
Mark Woodward - Nordic Energy: to the model. The main, source of information in the model that you've seen is OS data, ordinance survey data.

386\
00:52:43.420 --> 00:53:06.009\
Mark Woodward - Nordic Energy: That is free to local authorities and public bodies, and therefore the tool runs on OS data in that domain very comfortably. If we're working with a private sector partner, they have to pay for the data from OS. We are developing our own system, which we've actually developed it, but we haven't integrated it into the model yet. This is to enable us to provide a free

387\
00:53:06.670 --> 00:53:10.540\
Mark Woodward - Nordic Energy: Access to private sector partners to…

388\
00:53:11.030 --> 00:53:15.380\
Mark Woodward - Nordic Energy: At least the headline data, because there's a lot of fragility around this data.

389\
00:53:15.550 --> 00:53:20.810\
Mark Woodward - Nordic Energy: you know, the OS data, it's… if you look at it across a region.

390\
00:53:21.070 --> 00:53:25.559\
Mark Woodward - Nordic Energy: Super good. If you look at it at an individual building, or whatever level.

391\
00:53:25.980 --> 00:53:31.430\
Mark Woodward - Nordic Energy: There's probably all sorts of things that are wrong with it. And so, built into the model, we also have…

392\
00:53:31.550 --> 00:53:36.460\
Mark Woodward - Nordic Energy: The option, ability to change…

393\
00:53:36.920 --> 00:53:48.899\
Mark Woodward - Nordic Energy: the data, as you get real data in to replace the kind of first phase data. The point about what we're doing with this whole country set… data sets is to give a quick

394\
00:53:49.650 --> 00:54:05.770\
Mark Woodward - Nordic Energy: you've seen, and say, is this likely to work, or is it not likely to work? Are we completely going up the wrong tree here? Because, for various factors, is it, you know, is this going to be really hard work? And then start modifying it, you know, and then you try different tricks.

395\
00:54:05.770 --> 00:54:12.729\
Mark Woodward - Nordic Energy: There's something they call sensitivity analysis. So, you know, say that hadn't worked, I could have turned some buildings off.

396\
00:54:12.820 --> 00:54:17.190\
Mark Woodward - Nordic Energy: Turned some other buildings on, or extended the range of the network.

397\
00:54:17.670 --> 00:54:24.849\
Mark Woodward - Nordic Energy: press play… change some of the parameters to increase the heat, you know, supply or something. Press play again. It'll give them a…

398\
00:54:24.850 --> 00:54:42.180\
Mark Woodward - Nordic Energy: another minute, it would have recalculated everything. Brand new business case, brand new design, etc. You can then start comparing. You know, the one might be better, it might be worse. You can say, hold on, this is the direct… that looks like a good way of doing it, if we're going to try to improve it, and it works

399\
00:54:42.180 --> 00:54:58.909\
Mark Woodward - Nordic Energy: You know, well in that situation, et cetera, et cetera. So, it's, it's very flexible, but at the entry-level end, you get that picture because the data sets are built in that are largely freely available.

400\
00:54:59.260 --> 00:55:05.040\
tristram cary Winchfield Hampshire: Brilliant. Thank you very much. Can I… I hope to be able to contact you after this meeting to have a further discussion. Thank you so much.

401\
00:55:05.600 --> 00:55:06.340\
Mark Woodward - Nordic Energy: Yep.

402\
00:55:08.360 --> 00:55:18.059\
Mark Woodward - Nordic Energy: I'll send Graeme the presentation, so… and then I've got my email address, I think, on that. I'll double-check that I've put that…

403\
00:55:19.360 --> 00:55:20.020\
tristram cary Winchfield Hampshire: Thank you.

404\
00:55:20.620 --> 00:55:21.420\
Mark Woodward - Nordic Energy: Graham.

405\
00:55:22.220 --> 00:55:32.219\
Graham Stoddart-Stones - Great Collaboration - Bembridge: So, Mark, thank you so much for that. I thought that was utterly fascinating, ranging from your own private farm up to most of the country.

406\
00:55:32.220 --> 00:55:36.690\
Mark Woodward - Nordic Energy: That's the only way I get credibility, because I haven't got the skills of all my colleagues, so…

407\
00:55:36.690 --> 00:55:50.619\
Graham Stoddart-Stones - Great Collaboration - Bembridge: So, can I go back to your home installation? Yeah, yeah. You were talking about things to do before you started putting things in. Does that include putting in, underground loops for the heat pumps? Presumably they're pumping water around, are they?

408\
00:55:50.620 --> 00:56:04.280\
Mark Woodward - Nordic Energy: Yes, yes, it's, it's, it's, it's, it, it's, it's a ground source heat pump, so my mate with lots of, you know, his multiple skills was able to trench

409\
00:56:04.430 --> 00:56:24.430\
Mark Woodward - Nordic Energy: our hayfield, and we've got a kilometre and a quarter of 40mm pipe buried in 5 loops underneath that field, that then feed into 50mm pipes that go into, into the cellar and feed the heat pumps.

410\
00:56:24.920 --> 00:56:35.969\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Okay, and then the next question is that you had two turbines, and one was quite a distance from the house. Yeah. How about cables? Did you have to run the cables from there?

411\
00:56:35.970 --> 00:56:45.759\
Mark Woodward - Nordic Energy: So we trenched all the cables, yeah, and then had to calculate the voltage drop, etc, to get the right, diameter cable, so it's all,

412\
00:56:46.050 --> 00:56:49.730\
Mark Woodward - Nordic Energy: Yeah, armoured cable, obviously.

413\
00:56:49.730 --> 00:56:54.860\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I'm beginning to see why you became… I'm beginning to see why you took a nutritionist course in the middle of all this.

414\
00:56:54.860 --> 00:56:56.320\
Mark Woodward - Nordic Energy: Yes, quite, yes.

415\
00:56:56.320 --> 00:56:58.950\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I haven't mentioned batteries at all, Mark.

416\
00:56:58.950 --> 00:57:01.430\
Mark Woodward - Nordic Energy: We've got a Tesla battery,

417\
00:57:01.860 --> 00:57:08.519\
Mark Woodward - Nordic Energy: That was a addition about 7 or 8 years ago. It's very good indeed.

418\
00:57:09.720 --> 00:57:14.590\
Mark Woodward - Nordic Energy: But it only stores 14 kilowatt hours of electricity.

419\
00:57:14.590 --> 00:57:15.260\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Yep.

420\
00:57:15.720 --> 00:57:26.239\
Mark Woodward - Nordic Energy: Now, in most people's circumstances, that's quite a lot of electricity, because that would probably be more than a day's worth of demand. But if you're running heat pumps in the middle of winter.

421\
00:57:26.560 --> 00:57:33.339\
Mark Woodward - Nordic Energy: that might only run for a couple of hours, in keeping the heat pumps going. So,

422\
00:57:33.530 --> 00:57:35.810\
Mark Woodward - Nordic Energy: It does give us some resilience.

423\
00:57:36.310 --> 00:57:44.119\
Mark Woodward - Nordic Energy: But it's a pretty expensive piece of kit for the resilience that it gives us. That was £10,000. They've come down a bit.

424\
00:57:44.380 --> 00:57:51.260\
Mark Woodward - Nordic Energy: So, they're… I think they're being sold at about 8,000 now, but it's a lot of money.

425\
00:57:51.680 --> 00:58:09.219\
Graham Stoddart-Stones - Great Collaboration - Bembridge: We had, a few discussions about that here recently, and people are suggesting that if you get, electric vehicles that have been written off by the insurance company, their batteries are often very much more cheaply available than actually huge capacity. Yeah. So I just throw that in for people.

426\
00:58:09.220 --> 00:58:13.269\
Mark Woodward - Nordic Energy: That might be a direction of travel, obviously.

427\
00:58:13.270 --> 00:58:22.760\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I think I was given something like £400 for a 60kW ampere, kilowatt hour installation, which is very lovely compared to the 10,000.

428\
00:58:22.760 --> 00:58:25.630\
Mark Woodward - Nordic Energy: Oh, absolutely, yes, absolutely. I mean…

429\
00:58:25.850 --> 00:58:29.969\
Mark Woodward - Nordic Energy: I cannot advise on the technical complexity of that, but…

430\
00:58:29.970 --> 00:58:32.100\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Can I change… change directions now, Mike?

431\
00:58:32.100 --> 00:58:32.630\
Mark Woodward - Nordic Energy: Yep.

432\
00:58:32.630 --> 00:58:38.260\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Who do you see as the potential target audience for your toolkit?

433\
00:58:38.500 --> 00:58:46.470\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Because I can see how it would certainly interest people at the parish level, but you're probably more aiming at the county or district level.

434\
00:58:47.120 --> 00:58:48.959\
Graham Stoddart-Stones - Great Collaboration - Bembridge: And is it priced accordingly?

435\
00:58:49.130 --> 00:58:52.689\
Mark Woodward - Nordic Energy: Where it… it… it… yeah,

436\
00:58:53.440 --> 00:59:02.020\
Mark Woodward - Nordic Energy: It is more to do with those kind of levels, yes. The pricing model is…

437\
00:59:02.130 --> 00:59:03.809\
Mark Woodward - Nordic Energy: Probably out of the reach of…

438\
00:59:04.360 --> 00:59:11.270\
Mark Woodward - Nordic Energy: parish councils at the moment, the way we're doing things. But then, we are open to…

439\
00:59:11.810 --> 00:59:20.259\
Mark Woodward - Nordic Energy: If, for example, there's a piece of work associated with it, and it's a localised project, then…

440\
00:59:20.730 --> 00:59:25.130\
Mark Woodward - Nordic Energy: We are… we are open to different ways of working with… with people.

441\
00:59:25.130 --> 00:59:30.630\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I'm aware of one software company that prices its products on the size of the parish.

442\
00:59:30.800 --> 00:59:36.170\
Graham Stoddart-Stones - Great Collaboration - Bembridge: So if you're a large parish, you pay quite a lot more than the small parishes.

443\
00:59:36.170 --> 00:59:43.250\
Mark Woodward - Nordic Energy: Yeah, yeah. We don't… we don't do that at the moment. We're just going into this commercial arena, and what we're not…

444\
00:59:43.600 --> 00:59:48.940\
Mark Woodward - Nordic Energy: And we're very clear about this, we are not a software-as-a-service Provider.

445\
00:59:50.010 --> 00:59:56.080\
Mark Woodward - Nordic Energy: We are a team of energy experts that happen to use…

446\
00:59:56.080 --> 00:59:58.230\
Graham Stoddart-Stones - Great Collaboration - Bembridge: You just bring the toolkit. Yeah.

447\
00:59:58.230 --> 01:00:07.700\
Mark Woodward - Nordic Energy: And so… Our revenue model, business model, is around… Doing that, because…

448\
01:00:07.760 --> 01:00:08.540\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Yup.

449\
01:00:08.820 --> 01:00:19.789\
Mark Woodward - Nordic Energy: as we're talking here, some of the things we've talked about in this conversation illustrate the complexity of these things. You might have a piece of software, but it doesn't necessarily solve your problem.

450\
01:00:22.100 --> 01:00:22.620\
Mark Woodward - Nordic Energy: But…

451\
01:00:22.620 --> 01:00:27.409\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I had exactly the same issue when I was starting my first company back in 89, but…

452\
01:00:27.700 --> 01:00:31.799\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Do we sell the toolkit, or do we bring the toolkit as part of our consultancy?

453\
01:00:31.800 --> 01:00:32.320\
Mark Woodward - Nordic Energy: If.

454\
01:00:32.320 --> 01:00:39.530\
Graham Stoddart-Stones - Great Collaboration - Bembridge: And we went with, we'll take it as part of our consultancy. Anyway, thank you very much, that's a big help. I'm moving on to Peter, perhaps, now.

455\
01:00:39.530 --> 01:00:40.690\
Mark Woodward - Nordic Energy: Yeah, pizza.

456\
01:00:41.060 --> 01:00:52.500\
Peter Bates - SSECAM: Yes, Mark. Actually, I started off with two questions, now I've got three questions, related to what you've just said to Graham. In terms of the software, I mean, I suspect

457\
01:00:54.250 --> 01:01:13.059\
Peter Bates - SSECAM: it would be… if it was going to be used, it would generally, at parish level, be used as a one-off thing. You know, there is… it sounds to me as if it's going to be either you buy it as a one-off package, or it may well be that a,

458\
01:01:13.160 --> 01:01:22.770\
Peter Bates - SSECAM: a district or a county level may buy it as a package there. So, yeah, that's my kind of feeling on that point.

459\
01:01:22.900 --> 01:01:25.900\
Mark Woodward - Nordic Energy: Yeah, I mean, that's right, that's right, and I…

460\
01:01:26.040 --> 01:01:31.990\
Mark Woodward - Nordic Energy: And being, you know, quite frank with you, we haven't worked out the… The kind of com…

461\
01:01:32.280 --> 01:01:48.780\
Mark Woodward - Nordic Energy: the more, sort of, diversified way of approaching the market with that. I think, perhaps, hopefully, you've got some impression about our commitment to work… wanting to work with communities and the public sector to increase value, and so on. So.

462\
01:01:49.020 --> 01:01:51.289\
Mark Woodward - Nordic Energy: If, for example, we were…

463\
01:01:51.830 --> 01:01:58.770\
Mark Woodward - Nordic Energy: also engaged to help work on the project, so there's a revenue stream associated with developing

464\
01:01:59.140 --> 01:02:02.099\
Mark Woodward - Nordic Energy: The project, as a sort of consultancy basis.

465\
01:02:02.630 --> 01:02:10.849\
Mark Woodward - Nordic Energy: then… Maybe the tool would just be incidental, as it were, because you don't want a kind of…

466\
01:02:10.990 --> 01:02:19.759\
Mark Woodward - Nordic Energy: regional, or city-based, or national coverage, you know, it's completely irrelevant. So, I think we would take it on a case-by-case basis.

467\
01:02:20.600 --> 01:02:30.329\
Peter Bates - SSECAM: Yeah, the second question is, is how can you, guarantee the accuracy of the costs that are being put into the system?

468\
01:02:30.330 --> 01:02:31.360\
Mark Woodward - Nordic Energy: We can't.

469\
01:02:31.970 --> 01:02:50.820\
Mark Woodward - Nordic Energy: So, we don't… we don't say that, you know, this will give you a cast iron guarantee. The point about this is, the first… we… there would be a point that we could, if we got up to read before standard, if you're using

470\
01:02:50.980 --> 01:03:06.999\
Mark Woodward - Nordic Energy: you know, the kind of build, benchmarks and so on that… that go to a standardization. So REBA 4 would be… if you're familiar with the REBA, so it's,

471\
01:03:07.000 --> 01:03:12.770\
Mark Woodward - Nordic Energy: what is it, or Royal Institute of Architects, some of your other architects, but…

472\
01:03:12.820 --> 01:03:37.770\
Mark Woodward - Nordic Energy: it's the standard that's used certainly across the UK, and so saying, well, what level do you need to get in terms of design and preparation, ready to go out to procurement for a construction project? Now, what I've demonstrated to you is more RIBA 1-2. It's the early opportunity framing, and saying, is this in the ballpark? And you heard me explain to Graeme that, you know, the data sets that we're using

473\
01:03:37.770 --> 01:03:44.900\
Mark Woodward - Nordic Energy: in here are not… they're not nailed on either. They might… they're publicly available national data sets, but…

474\
01:03:44.960 --> 01:03:59.109\
Mark Woodward - Nordic Energy: the accuracy of their information is not guaranteed either. It can't be. Only when you've got real information. And then, typically, when you get to read before standard, you've got real information about

475\
01:03:59.170 --> 01:04:17.910\
Mark Woodward - Nordic Energy: the important elements for the design, all the components, and then you can input those into a detailed design, which gets signed off at REA before level, at which point, there's a degree of accountability, with some caveats, because

476\
01:04:18.060 --> 01:04:42.999\
Mark Woodward - Nordic Energy: you're not in control of all the… all the factors, but you're much more in control. The factors that you can control, in terms of that, you know, knowledge of how much different parts cost, you know, the pumps cost, and all the rest of it, there can still be issues on the dig, because until you put a spade in the ground, you don't quite know what you're going to find underneath, despite, the ground, you know, surveys that you

477\
01:04:43.000 --> 01:04:57.400\
Mark Woodward - Nordic Energy: can do from the top before you stick anything in the ground. But, you know, there are some uncertainties that are accepted within construction projects that you can't be accountable for in design.

478\
01:04:57.400 --> 01:05:01.240\
Mark Woodward - Nordic Energy: But… It all depends on how far you go up the chain.

479\
01:05:01.600 --> 01:05:17.490\
Peter Bates - SSECAM: Right. And question 3 is actually relating to, being able to do cost comparisons, of the different types of technology. For example, you know, I know, not too far away from me, there is a village with a heat, with a heat network system.

480\
01:05:17.490 --> 01:05:24.330\
Peter Bates - SSECAM: Okay, it was an early pioneer, but it cost a horrendous amount, and, you know.

481\
01:05:24.970 --> 01:05:42.830\
Peter Bates - SSECAM: if, in fact, individual homes had actually been connected up, the cost could have been a lot different, and then the key question is, is your tool got the capability of being able to do those cost comparisons? Is it cheaper to do…

482\
01:05:43.330 --> 01:05:47.360\
Peter Bates - SSECAM: In the home, separately, or is it cheaper to put a…

483\
01:05:47.360 --> 01:05:47.720\
Mark Woodward - Nordic Energy: F.

484\
01:05:47.720 --> 01:05:48.850\
Peter Bates - SSECAM: Network in.

485\
01:05:49.040 --> 01:05:52.070\
Mark Woodward - Nordic Energy: And typically, we find that in, in…

486\
01:05:52.660 --> 01:06:05.510\
Mark Woodward - Nordic Energy: in rural situations, and pure, even in city situations. Excuse me, connecting to a heat network is very difficult to get to work commercially.

487\
01:06:05.720 --> 01:06:15.400\
Mark Woodward - Nordic Energy: For a… for a home. Whereas a heat pump, particularly with, you know, costs that have fallen down the degree of subsidy, can be much…

488\
01:06:15.610 --> 01:06:17.460\
Mark Woodward - Nordic Energy: More cost-effective.

489\
01:06:18.560 --> 01:06:25.109\
Mark Woodward - Nordic Energy: And our approach to say, Retrofit is… Cost optimized.

490\
01:06:25.720 --> 01:06:28.850\
Mark Woodward - Nordic Energy: Solution, not necessarily going to the energy sprung.

491\
01:06:29.120 --> 01:06:46.150\
Mark Woodward - Nordic Energy: Where you… you've virtually got no energy costs. It is a sort of, a kind of a… a… what's the most sensible intervention to put in here that is least disruptive to the homeowner, and

492\
01:06:46.150 --> 01:06:57.489\
Mark Woodward - Nordic Energy: gets you the best cost metric. So the whole basis of our retrofit module in the Odin tool is looking at that. So what would be the implications of, deep retrofit.

493\
01:06:57.580 --> 01:07:04.100\
Mark Woodward - Nordic Energy: optimized, or do nothing at all. You know, so you can do an immediate look at that cost comparison.

494\
01:07:05.120 --> 01:07:15.760\
Peter Bates - SSECAM: Okay, yeah. So, in fact, you could actually… because, you know, there's a lot of hype about heat networks, and, you know, they,

495\
01:07:15.900 --> 01:07:28.059\
Peter Bates - SSECAM: The reality is, are they… how viable they actually are. And also, you have to consider the disruptive aspect of heat networks.

496\
01:07:28.640 --> 01:07:30.890\
Peter Bates - SSECAM: In that respect, so those…

497\
01:07:30.990 --> 01:07:40.669\
Mark Woodward - Nordic Energy: Yeah, they're important, but remember as well, if the whole street filled up with heat pumps and EV chargers, for example.

498\
01:07:40.670 --> 01:07:53.290\
Mark Woodward - Nordic Energy: And we've got a very fragile grid, unless you're factoring in the cost of upgrading the grid and the so on, which is mega cost, you know, these commercial models require…

499\
01:07:53.880 --> 01:07:55.980\
Mark Woodward - Nordic Energy: Interpretation, shall we say?

500\
01:07:56.530 --> 01:08:01.309\
Peter Bates - SSECAM: So, again, going back to the data input, you know, would the… would the… would…

501\
01:08:01.560 --> 01:08:02.000\
Mark Woodward - Nordic Energy: Yeah.

502\
01:08:02.000 --> 01:08:08.460\
Peter Bates - SSECAM: You have a data set that actually looks at how flexible the electricity network is.

503\
01:08:08.800 --> 01:08:20.929\
Mark Woodward - Nordic Energy: You can change those numbers as it stands at the minute, yeah, you can… and do… and rerun the model, depending on… so those assumptions are challengeable all the way through, so looking at, you know, that's really important.

504\
01:08:20.939 --> 01:08:27.929\
Peter Bates - SSECAM: But the key thing is, that data has to be obtained by the user, because it's not…

505\
01:08:28.749 --> 01:08:43.289\
Peter Bates - SSECAM: available… well, ASET is available from you, but the user would have to have the option to be… well, would have the option to change it, but would also need to know where to get that data from.

506\
01:08:43.970 --> 01:08:46.559\
Mark Woodward - Nordic Energy: Yeah, although we, we, obviously, we know where to…

507\
01:08:46.720 --> 01:08:53.160\
Mark Woodward - Nordic Energy: A lot about getting older data, but then that becomes into the consultancy work, rather than

508\
01:08:53.270 --> 01:09:01.349\
Mark Woodward - Nordic Energy: It's just tuned, you know, the capability of changing is in the model, but what it should be chained to and from

509\
01:09:01.660 --> 01:09:05.580\
Mark Woodward - Nordic Energy: dependent on… circumstance, so…

510\
01:09:05.580 --> 01:09:16.960\
Peter Bates - SSECAM: Yeah, which leads on to the tool being useful for a consultant, rather than being a tool useful for a local community, for example.

511\
01:09:16.960 --> 01:09:34.759\
Mark Woodward - Nordic Energy: It depends. Again, you could get your first idea, but you'd have to… you'd have to… you wouldn't rely on… you wouldn't just press play and say, there's the answer, because it wouldn't be. It would… it would give you a steer as to whether you're going in the right direction or not.

512\
01:09:35.770 --> 01:09:38.159\
Peter Bates - SSECAM: So how much does it cost to get a steer?

513\
01:09:38.810 --> 01:09:44.850\
Mark Woodward - Nordic Energy: Well, again, Circumstance by circumstance, I think.

514\
01:09:45.210 --> 01:09:45.720\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Yup.

515\
01:09:46.050 --> 01:09:56.440\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Peter, could I suggest, if you want to go into further detail, you do it with Mark directly, because I'm conscious of the time, and there are other people with questions, so perhaps we could move on to Lynn, please?

516\
01:09:56.570 --> 01:09:59.039\
Mark Woodward - Nordic Energy: Yeah. Hi, Lynn, sorry keeping you waiting.

517\
01:09:59.040 --> 01:10:12.980\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: No, no, fine, it's probably just a quick one. I'm just aware with the climate adaptation report that came out a couple of weeks ago, the kind of requirement, particularly for vulnerable communities, to need air conditioning, so such as hospitals and care homes.

518\
01:10:12.980 --> 01:10:13.340\
Mark Woodward - Nordic Energy: Yeah.

519\
01:10:13.340 --> 01:10:19.019\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Is there an ability to look at future needs and include those in the model?

520\
01:10:20.010 --> 01:10:21.320\
Mark Woodward - Nordic Energy: Y-yes.

521\
01:10:21.730 --> 01:10:27.980\
Mark Woodward - Nordic Energy: They would need to be… You know, added to it, and we're continually developing

522\
01:10:28.620 --> 01:10:32.800\
Mark Woodward - Nordic Energy: The model to… to meet different circumstances.

523\
01:10:33.070 --> 01:10:33.840\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Okay.

524\
01:10:34.340 --> 01:10:35.189\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Because I can…

525\
01:10:35.190 --> 01:10:38.110\
Mark Woodward - Nordic Energy: It's not there at the moment, if you like.

526\
01:10:38.110 --> 01:10:53.069\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Yeah, I'm just thinking in terms of, kind of, future planning from a local authority point of view, looking at future load, and therefore future costs and cost savings, that would be really, really helpful.

527\
01:10:53.240 --> 01:11:08.859\
Mark Woodward - Nordic Energy: Yeah, absolutely. I mean, the whole basis of social value metrics that we've put into the retrofit model, because this all goes to this same kind of point, is actually it's the health benefits, and some of the NHS

528\
01:11:08.860 --> 01:11:14.159\
Mark Woodward - Nordic Energy: Work that's been done on, on, on…

529\
01:11:14.160 --> 01:11:25.220\
Mark Woodward - Nordic Energy: monetizing, if you like, putting some value to be able to include in commercial modeling, or schemes, then we've derived a lot of intel

530\
01:11:25.220 --> 01:11:37.729\
Mark Woodward - Nordic Energy: from that, in helping to then present, things like retrofit in the most realistic light for its benefits. Because these things are obviously hard.

531\
01:11:37.960 --> 01:11:45.160\
Mark Woodward - Nordic Energy: hard to get that sort of monetary value around. But,

532\
01:11:45.370 --> 01:11:54.739\
Mark Woodward - Nordic Energy: But it's, but it's… it is critical. It's one of my big beefs about, you know, I talk to a lot of financial modelers all the time, and, you know, they're…

533\
01:11:54.740 --> 01:12:07.129\
Mark Woodward - Nordic Energy: They're often quite simple souls, you know, they… you know, the numbers speak for themselves, actually, but the human life is much more complicated, and it changes day by day, so…

534\
01:12:07.130 --> 01:12:12.039\
Mark Woodward - Nordic Energy: That's the benefit of having the digital tool that is adjustable.

535\
01:12:12.240 --> 01:12:32.120\
Mark Woodward - Nordic Energy: So, you can then interrogate that. So, what happened if, and what if we valued that at this? How would then that look as an investable priority, particularly when you've got things like those schemes that are going to be… requirements, and therefore that makes it more investable when there's a requirement to deliver something?

536\
01:12:32.120 --> 01:12:40.469\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Yeah, and it makes it… it feels like if it could be factored in at planning stage, in terms of, kind of, future loads and requirements.

537\
01:12:42.260 --> 01:12:51.970\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: than, I guess kind of reducing costs and impact all round. Yeah. But is that harder? Because the data's… you're kind of having to plan

538\
01:12:52.090 --> 01:12:59.150\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: everything's… I suppose everything's kind of a kind of prediction, rather than… I mean, I guess it's a prediction, but… Yeah.

539\
01:12:59.560 --> 01:13:05.199\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: From a retrofitting point of view, everything's more costly and harder, and you can do things at the beginning.

540\
01:13:05.840 --> 01:13:06.500\
Mark Woodward - Nordic Energy: Yes.

541\
01:13:06.500 --> 01:13:07.139\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: That would help.

542\
01:13:07.140 --> 01:13:28.460\
Mark Woodward - Nordic Energy: Well, that's exactly… that's exactly it. That's why, as I say, on the retrofit model, we… we do present things in that kind of way, so that it gives you a picture, as if you were to do X, if you do, say, the really deep retrofit, well, the capital cost would be Y, and, you know, the benefits of this, and the disruption would be this, you know, etc.

543\
01:13:28.460 --> 01:13:38.509\
Mark Woodward - Nordic Energy: It gives you a shape to the dialogue around the different options, and then, yes, you're right, there could be other factors, and there will be other factors that you'll need to…

544\
01:13:38.510 --> 01:13:55.039\
Mark Woodward - Nordic Energy: to integrate, to get a deeper picture. Unfortunately, that then just begs questions, doesn't it? Because that is not the easy answer. It's not like, if I do that, that'll solve the problem. If I put a battery in, that'll crack it. You know, it doesn't… it's not…

545\
01:13:55.470 --> 01:13:56.700\
Mark Woodward - Nordic Energy: Is this,

546\
01:13:57.080 --> 01:14:08.919\
Mark Woodward - Nordic Energy: Simple, but the more that we do, the more we learn about the kind of… the tolerances around an intervention that can make things a better choice.

547\
01:14:10.330 --> 01:14:11.789\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Yeah, alright, thank you.

548\
01:14:12.540 --> 01:14:13.790\
Mark Woodward - Nordic Energy: Thanks.

549\
01:14:14.310 --> 01:14:28.440\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Mark, the, Lynn's question prompted another question in my mind, which is that ratio you gave of something like 3 to 1 for the amount of energy you get out of a heat pump for… Yeah, yeah. Does that apply for both heat and cool?

550\
01:14:28.700 --> 01:14:32.399\
Graham Stoddart-Stones - Great Collaboration - Bembridge: If we're all going to need air conditioning in the future, can the heat pump do it for us?

551\
01:14:32.400 --> 01:14:38.939\
Mark Woodward - Nordic Energy: That's a very good question. I don't know the answer to that, Graham. I don't know.

552\
01:14:39.160 --> 01:14:46.189\
Mark Woodward - Nordic Energy: I've been very focused on heat pumps with the heat, rather than the re… because obviously they're reverse…

553\
01:14:46.290 --> 01:14:57.080\
Mark Woodward - Nordic Energy: civil, or some of them are, because it's a… as… yeah, you'll be familiar, it's fridge technology, effectively, so on one side you get heat, the other side you get cooling.

554\
01:14:57.080 --> 01:15:03.750\
Graham Stoddart-Stones - Great Collaboration - Bembridge: We put, air heat pumps into our village hall, and they were extremely effective at cooling the place as well as at heating it.

555\
01:15:04.060 --> 01:15:06.329\
Mark Woodward - Nordic Energy: Right, yeah, which…

556\
01:15:06.330 --> 01:15:08.430\
Graham Stoddart-Stones - Great Collaboration - Bembridge: I just wondered if there were numbers to support that.

557\
01:15:08.430 --> 01:15:14.779\
Mark Woodward - Nordic Energy: I don't know, I'm afraid, but that's a very interesting point.

558\
01:15:15.000 --> 01:15:19.460\
Mark Woodward - Nordic Energy: Yeah, as to actually what the real numbers are against that.

559\
01:15:19.840 --> 01:15:33.160\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Okay, well, acting on the formula, you should always leave the provider with a complete question to go off and muse over. Let me ask if anybody else has got any questions they'd like to put, please, to…

560\
01:15:33.880 --> 01:15:35.680\
Graham Stoddart-Stones - Great Collaboration - Bembridge: To Mark, before we go.

561\
01:15:36.440 --> 01:15:38.869\
Graham Stoddart-Stones - Great Collaboration - Bembridge: But… Obviously, no.

562\
01:15:38.870 --> 01:15:41.560\
Mark Woodward - Nordic Energy: Stand up, Lynn, I don't know whether… oh, no, it's come down again, okay.

563\
01:15:42.120 --> 01:15:43.100\
Mark Woodward - Nordic Energy: Okay.

564\
01:15:43.130 --> 01:15:56.899\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Mark, that was fascinating, thank you very much, really enjoyed it, and you might be interested to know that next week, the speaker is going to be from an organization called Green Isle of Wight.

565\
01:15:57.200 --> 01:15:57.670\
Mark Woodward - Nordic Energy: Hell yeah.

566\
01:15:57.670 --> 01:16:04.560\
Graham Stoddart-Stones - Great Collaboration - Bembridge: virtual power stations and virtual use of your batteries and solar cells, so I'm looking forward to that.

567\
01:16:04.560 --> 01:16:05.889\
Mark Woodward - Nordic Energy: Oh, that'd be interesting, yeah.

568\
01:16:05.890 --> 01:16:08.479\
Graham Stoddart-Stones - Great Collaboration - Bembridge: But, thank you so much,

569\
01:16:08.480 --> 01:16:16.250\
Mark Woodward - Nordic Energy: You're very welcome, and, you know, very happy to take some questions. I'll send you that brief presentation, Graeme, so…

570\
01:16:17.760 --> 01:16:21.099\
Mark Woodward - Nordic Energy: My, my email address on…

571\
01:16:21.100 --> 01:16:28.589\
Graham Stoddart-Stones - Great Collaboration - Bembridge: Yeah, and we'll… we'll publish it on the… on the knowledge base. Thank you. So thanks all for your time, see you next week, and take care. Bye-bye.

572\
01:16:28.850 --> 01:16:29.879\
tristram cary Winchfield Hampshire: Thank you very much.

573\
01:16:29.880 --> 01:16:30.780\
Mark Woodward - Nordic Energy: But…

574\
01:16:30.950 --> 01:16:32.400\
Lynn Parker, ShropsTW Local Nature Recovery Strategy: Bye. Thanks, Hong.

***

#### Markdown of the presentation:

## Nordic Energy – Great Collaboration Banter

**3 June 2026**

### Introduction

**Mark Woodward**\
Director – Nordic Energy\
<Mark.Woodward@nordic.energy>

***

## Townfield Head Farm – Renewable Technologies

The presentation introduces the Townfield Head Farm renewable energy project, illustrating a range of installed technologies, including:

* Wind turbines
* Solar photovoltaic arrays
* Renewable heating systems
* Integrated farm-scale renewable infrastructure

***

## Townfield Head Farm Recognition

The project received recognition in the:

**Green Solutions Awards 2022–2023**

#### Townfield Head Farm

Sheffield, United Kingdom

**Stakeholders**

* Contractor: Mark Woodward
* Construction Manager: Greendirections
* Companies:
  * Rotary Engineering
  * Fraser Whelan

***

## Nordic Energy Toolkit

The presentation introduces the **Nordic Energy Toolkit**, comprising three principal modules:

1. **LOKI** – Project Opportunity Identifier
2. **ODIN** – Techno-Economic Model Generator
3. **THOR** – Project Delivery Guide

***

## LOKI

### Project Opportunity Identifier

LOKI is presented as a mapping and opportunity-discovery platform designed to identify potential renewable energy and infrastructure projects.

Features illustrated include:

* Geospatial mapping
* Site identification
* Demand and supply analysis
* Public estate opportunities
* Resource assessment

***

## ODIN

### Techno-Economic Model Generator

ODIN provides techno-economic modelling for renewable energy projects.

#### Modules

* Heat Networks
* Solar – Ground Mount
* Wind
* Retrofit and Heat Pumps
* Solar – Roofs and Canopies
* EV Charging

The platform appears to combine:

* Site assessment
* Energy modelling
* Financial analysis
* Project feasibility evaluation

***

## THOR

### Project Delivery Guide

THOR is presented as a project delivery and management system.

Functions shown include:

* Project stage management
* Progress tracking
* Documentation control
* Delivery planning
* Geographic project visualisation
* Workflow management

***

## Nordic Energy Toolkit Demonstration

### Projects | Odin

Demonstration section showing practical application of the ODIN techno-economic modelling platform.

***

## Thank You

**Mark Woodward**\
Director – Nordic Energy

**Great Collaboration Banter**\
3 June 2026

***

### Summary

The presentation describes a three-part Nordic Energy toolkit:

| Tool     | Purpose                                                     |
| -------- | ----------------------------------------------------------- |
| **LOKI** | Identify renewable-energy project opportunities             |
| **ODIN** | Generate techno-economic models and feasibility assessments |
| **THOR** | Support project delivery and implementation                 |

The toolkit is illustrated using experience gained through the award-winning **Townfield Head Farm** renewable energy project in Sheffield.


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://wiki.greatcollaboration.uk/knowledgebase/events/banter-sessions-inc-table-of-all-sessions/banter-122-03jun26-farmhouse-renewable-energy-net-zero-toolkit-with-mark-woodward.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.