Progressive Energy is an established independent UK clean energy project development company.
Progressive Energy comprises a team of highly experienced energy project developers providing the skill set necessary to undertake all aspects of the project development cycle; project screening and selection, project definition and optimisation, project development including all aspects of contracting (including feedstock, EPC, and power purchase contracts), consenting and project financial evaluation and financing. The team has wide technology experience covering all large scale generation options, coal, gas, nuclear and renewables, including waste, biomass and CHP. Progressive Energy has particular skills in projects utilising emergent technologies, with the breadth of experience vital for assessing the commercial balance of risk and reward that such approaches offer.
The Chairman of PEL is Dr Brian Count, previously CEO of Innogy, now RWE. Alan Lovell formerly CEO of Infinis is a Non-Exec Director and the Managing Director is Peter Whitton, who headed up Business development at Magnox. The team includes senior managers and experienced staff from most UK generators and several major project companies.
Currently Progressive Energy has a major CCS project in the North East (Teesside) operating as two subsidiary companies. The first is developing a coal-fueled Integrated Gasification Combined Cycle Power Station incorporating Carbon Capture. The second is 500 km CO2 pipeline infrastructure project to deliver CO2 to the North Sea oil fields for Enhanced Oil Recovery or deliver to an intermediate CO2 saline aquifer storage site. Both these projects are flagship projects combined to be the model for a new tranche of ultra low emission coal power stations demonstrating the possibilities of Carbon Capture and Storage. Critically, the establishment of a CO2 disposal network offers valuable opportunity for decarbonising a wide range of other processing industries in the region.