Natural Power Names First LCoE Director

Business & Finance

Scotland-based renewable energy consultancy Natural Power has appointed Neil Douglas to the newly created role of Director of Levelised Cost of Energy (LCoE), a move which the company has described as further proof of its commitment to supporting the renewable energy industry achieve cost parity.

Image source: Natural Power

The new role, Director of Levelised Cost of Energy (LCoE), has been created in response to market dynamics and Natural Power’s long term strategy to support clients in achieving their operational efficiency and competitiveness objectives.

Richard Walls, Commercial Director at Natural Power, said: “This is a key operational role in our three to five year business plan that will support our commercial direction. With a great blend of technical, due diligence and asset management experience gained over twenty years in the industry, Neil is ideally suited to help drive forwards our business in this area.”

The role will work across the entire Natural Power business in the UK and internationally throughout all sectors and phases in order to add value through advice and expertise.

“Since 2014 Natural Power has been assessing and planning for the market changes in respect of driving the optimisation of renewables and infrastructure projects and the effective control of costs through the project life-cycle. This new role is to ensure that we can deliver services in a rapidly evolving international market for renewables and infrastructure. We will continue to innovate and help support and advise our clients with the LCoE backdrop of ensuring that low carbon energy technologies can compete in the wider energy market,” Neil Douglas said.