See below for latest news stories or follow the link to see the "2OC Story Timeline" which outlines 2OC key successes and achievements.

Fighting the Fatbergs

2oc was featured in a recent article in the Guardian on the current fight against fatbergs…

fat berg

Photograph: Adrian Dennis/AFP/Getty Images

Extracts from the article by Ian Wylie:

Thames Water, faced with an estimated cost of £1m every month to keep its 109,000km of sewers fatberg-free, has perhaps the most innovative plan of all.

I saw their hopes firsthand. Following the Thames eight miles east of Westminster, beyond City Airport, will bring you to Beckton. The area here was marshland until the “Great Stink” of 1858, after which civil engineer Joseph Bazalgette built sewage works in Beckton to process the effluent from his new sewer network. The Beckton sewage works, managed by Thames Water, is now Europe’s largest – and right next door is the world’s first industrial-scale plant run on FOGs.

Shiny silver pipes criss-cross the outside of the building, resembling pneumatic tubes. Inside the plant sits a monster: an 800-tonne, two-stroke, 19-megawatt diesel engine of the kind normally found in battleships.

Beckton Power Plant

The plant, developed by green utility company 2OC in a 20-year, £200m deal with Thames Water, provides renewable power and heat to the Beckton sewage works. When fully operational this month, it will supply 130GWh of electricity a year – more than half of which comes from urban fat, 30 tonnes a day, collected from restaurants and drains then liquified. (The rest of the power plant’s fuel will come from tallow – animal fat – and waste vegetable oils; no virgin oils from field or plantation-grown crops are used.)

It’s innovative, efficient and effective. Yet plans to build another seven plants around the UK have foundered for two reasons. First, a European directive on energy transmission and generation forced National Grid to leave its joint venture with 2OC. Second, although the Beckton plant has been accredited with a Renewables Obligation Certificate – the main support scheme for renewable electricity projects in the UK – the Conservative government’s retreat from subsidising all but offshore wind projects means it won’t be replicated.

“We have been roadkill in the government’s downsizing of its renewables programme,” says 2OC chief executive Andrew Mercer. “I used to know every energy minister, up to and including Ed Davey, but our dialogue with government is zero now. This plant is a showcase example of the efficient use of waste, and plants like this ought to be embedded in the country’s energy network, not left to entrepreneurs to finance.”

Meanwhile, the fatbergs under London continue to metastasize. “For many cities, it’s a case of out of sight, out of mind,” says University College Dublin’s Tom Curran. “But with increasing urban populations around the world, the problem of fatbergs is only going to grow.”

Read the full article here…

2OC’s CFO shortlisted for award

fd excellent awards 2014 small2OC’s Chief Financial Officer Phil Jones has been shortlisted in the prestigious Young FD of the Year Awards. The contest, organised by the Institute of Chartered Accountants England and Wales (ICAEW), the Confederation of British Industry (CBI), Real Business and the Evening Standard newspaper, culminates in a gala evening at the London Marriott Hotel, Grosvenor Square in London in May. The ICAEW has 138,000 members worldwide and is highly regarded by the global accountancy and finance profession.

Commenting on the news that Phil is through to the final, Andrew Mercer CEO of 2OC (and a qualified accountant) said:

“This is a huge honour for Phil and is testament to the extraordinary quality of his work as we re-financed the company over the past 2-years. Thanks to Phil we are now in a great position to grow our business in the UK and overseas.”

Phil, who’s 35, graduated with 1st class honours in Electronic Engineering at Birmingham University in 1998 and qualified as an accountant in 2003. He has previously worked for Ernst and Young, Ford Cosworth and National Grid.

2OC makes offshore wind 100% efficient

2OC swept the board at this years Little Britain Challenge Cup (LBCC) regatta in Cowes, winning all 5 races in the Sunsail 37 category. Made up of self-confessed “landlubbers’, some of whom had never set foot on a yacht before, they finished in top spot for every race. They came 3rd in the overall event. The LBCC attracts 250 entries and 3,000 competitors and is second only to Cowes Week in the UK racing calendar.

2oc-leads-head-on

Catch us if you can…

Commenting on the teams astonishing success, CEO Andrew Mercer, who was the only experienced yachtsman on board said: “I’m very proud of everyone. To win every race is simply astonishing for a novice crew and speaks volumes about 2OC’s team spirit and ability to rise to a challenge. This was a fantastic event and we’ll be back next year to defend our titles.”