Wednesday 29th February 2012
Kingsmills Hotel, Inverness for 12 noon followed by lunch
There is no charge for attending this seminar but please either email firstname.lastname@example.org or call Rachel on 01343 546362 to book a place and confirm your place at lunch.
Renewable Energy is a hot topic and a rapidly developing sector in which it is essential to be up to speed with the latest policy and legislative developments. It was a key manifesto pledge of the SNP campaign that 100% of Scotland 's electricity demand will come from renewable energy projects by 2020. Alex Salmond has stated that Scotland can go even further and should be able to produce twice as much electricity as it requires by 2020. At the 2011 Low Carbon Investment Conference he hailed the renewables revolution as a paradigm shift equivalent to the change from hunter gatherer to agriculture! Bold political headlines are common place just now but it is essential that any renewable developments stack up financially, legally and in terms of their tax structure.
Offshore wind, tidal and wave projects will form key elements of Scotland 's energy mix but this seminar will focus on the progress of the FITs regime which has dramatically boosted the sub 5MW renewable energy market beyond recognition. We are however at a key point in this "paradigm shift". The UK Government is moving the goalposts with the recent changes to the solar PV panel and anaerobic digestion FITs and more changes are on the horizon.
This seminar will highlight the progress of the FITs regime, identify the recent changes and crucially outline from both a legal and an accountancy & tax perspective the key issues to be aware of when embarking on renewable energy developments. It is vital that the appropriate structure is put in place at the outset of a project to ensure the most efficient tax and legal position from a landowner, developer or investor perspective.
About the Speakers
Sarah C Tyson is a farmer's daughter originally from Cumbria , Sarah is now based in CKD Galbraith's Elgin office, having previously worked out of Inverness . A Chartered Surveyor covering all rural property matters in the Highlands and North East, her specialist Estate management / valuation skills have, of necessity, expanded to include renewable energy projects in the last decade. A member of CKD Galbraith's Energy Department, Sarah has negotiated a number of wind farm options, leases and access agreements, and is increasingly involved with hydro electricity, including joint venture projects. As a valuer for the Agricultural Mortgage Corporation (AMC) Sarah also works with the property owners to help secure AMC funding for renewable and other projects. Her experience has covered all aspects from initial expression of interest by landowner or developer right through to power generation and Sarah is well versed in the essential teamwork required between clients and their professional advisors.
Jamie Younger is the renewables specialist in the Edinburgh office of Saffery Champness. He is a partner and provides bespoke and innovative tax solutions to landed estates and private clients in a wide range of business sectors. He has been involved in some large Wind projects as well as a range of Hydro and Biomass projects and one AD project. He has been specialising in estate and private client work for 18 years with the major surge in renewables activity in the last three.
Shirley Mathieson joined Saffery Champness, Inverness office as a trainee in 1992 becoming a partner in April 2006. Shirley is the firm's environmental spokesperson and has written a number of articles and presents regularly at seminars on taxation and accounting issues in connection with the renewables sector. Shirley runs a diverse client portfolio with clients involved in most areas of the Highland economy but specialises in the renewable energy sector. She has been involved in over 40 renewable energy projects ranging from small single turbine projects to some of the largest wind farm and hydro developments in the Highlands .
Andy Drane is a construction, projects and commercial lawyer who heads Davidson Chalmers' Environmental, Waste and Renewable team. He has a very broad practice. Andy has been a partner with Davidson Chalmers for 11 years and has been with the firm since 1994. In 2011 Andy was shortlisted in the Scott & Co Scottish Legal Awards as Specialist Solicitor of the Year for his work in the Waste and Renewable sectors. He is currently advising on 30 large scale onshore Wind Farm projects in addition to AD, Hydro, Solar PV, Biomass and Gasification schemes.
Douglas Taylor specialises in Environmental, Carbon, Renewables and Health & Safety issues at Davidson Chalmers and has advised clients in all aspects of business including transactions, commercial contracts, property disposals and acquisitions, litigation, criminal prosecutions, insurance and extensive negotiations with regulators. He has acted for a range of clients across the UK . He has presented and chaired many conferences and published articles in the UK , Canada and the USA . Douglas chairs the Scottish Property Federation Renewables Working Group and is a member of the Chartered Institute of Waste Management. He is currently advising on Solar PV, Biomass, AD and Wind projects.