
Group's bid to use water to power Derby firms
Darley Action Community Energy came together to try and implement a hydroelectric scheme on the River Derwent, using the power of the weir close to Darley Abbey Mills to provide renewable energy.DACE has drawn up plans for a 100 kilowatt turbine. The aim is to provide energy to the units directly rather than sending it to the National Grid.The group said the target output would be more than 600,000 kWh per year - the average electricity use of more than 200 homes.Ms Watson added the "ball park costs" are between £800,000 to £1m.
The site where today's Silk Mill is located further up the River Derwent is considered to be the first mechanised factory in world. After securing funds from various pots for a feasibility study, the group is hoping to push forward with the plans."This gave the assurance that this is a viable project down here," Ms Watson said."This is a sensitive area due to its heritage and we have to be careful about the type of development so we're consulting on that."But this is all about decarbonising the energy use of the businesses in the mills - the area is based on and around water power - that's why it evolved in the first place because the factories here were powered by water wheels."It would bring it full circle."
Ms Watson said another model they could explore would be create an "energy local model" to use the low voltage neighbourhood network to offer a tariff to nearby residents.She added it would keep the income in a "local pot" to pay off the capital costs."If the pot grows, we could reinvest it and fund other projects with the same ethos," she added.The group is now exploring the site further and has submitted an outline planning application to Derby City Council - it is currently awaiting a response.Derby North MP Catherine Atkinson recently raised the project in Parliament.In response, Miliband praised the scheme and congratulated the group on its work.

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Reuters
a day ago
- Reuters
Indonesia unveils 2026 budget with lower deficit, targets fiscal balance within three years
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Reuters
a day ago
- Reuters
Indonesia proposes budget with shrinking deficit, pledges balanced budget by 2028
JAKARTA, Aug 15 (Reuters) - Indonesia's President Prabowo Subianto on Friday proposed to parliament a $234 billion budget with a deficit forecast at 2.48% of GDP, while promising to try to gradually reduce the gap and balance the annual budget within three years. The 2026 budget is designed to ensure the Southeast Asian country is strong, independent and prosperous, Prabowo said in his first speech on fiscal policy to parliament. The budget proposal is the first developed by Prabowo's administration after he took office last October. The 2025 budget was prepared by his predecessor, Joko Widodo. Prabowo proposed to spend 3,786.5 trillion rupiah ($234.39 billion) next year, or 7.3% higher than the latest estimate for 2025 spending. He targets revenues at 3,147.7 trillion rupiah, about 9.8% higher than this year's projection. He said efficiency measures would need to be taken to reduce the fiscal gap and vowed to have no deficit by 2027 or 2028. The government forecasts this year's budget deficit at 2.78% of GDP. The budget proposal is based on an economic growth target of 5.4%, an inflation rate at 2.5% and the rupiah trading at 16,500 per dollar on average next year, along with several other indicators. Prabowo has pledged to lift spending as he seeks to raise economic growth to 8% during his five-year term and deliver on his campaign platform of improving welfare and achieving food and energy self-sufficiency. Prabowo proposed to spend 335 trillion rupiah ($20.74 billion) on his flagship programme to deliver free meals to 82.9 million students, children and pregnant women. He allotted 171 trillion rupiah for the free meals programme this year, which he said has reached about 20 million recipients. He also promised budgetary support to decarbonise Indonesia's electricity, saying he wanted the country to use 100% renewable power sources in the next 10 years or earlier. Indonesia currently relies on coal for more than half of its power generation. In his address, Prabowo, a former defence minister and special forces commander, also said Indonesia must modernise its military hardware, adding his country had rare earths deposits that were vital to modern defence. ($1 = 16,155.0000 rupiah)

Leader Live
3 days ago
- Leader Live
Scotland's deficit grew by £5.1bn, Government estimate shows
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