Dr Peter Warren, Department of Energy and Climate Change, United Kingdom Smart technologies refer to the use of digital and communications technologies based on signals. They include smart appliances, smart equipment, smart heating controls, smart lighting systems, building energy management systems, energy display monitors, smart meters and demand-side response, amongst others. This rapidly evolving area is being driven through innovation that seeks to develop new business models for improving the way energy is consumed and managed. The development and uptake of smart technologies plays an important role in contributing to meeting the UK’s policy objectives for energy security, affordability for consumers and reducing carbon emissions. Much of the previous policy work in this area has focussed on large consumers, such as those in the industrial and large commercial sectors. However, the evidence base is less well established for small consumers, such as small-to-medium-sized enterprises (SMEs) and domestic consumers. Although individually, consumers in these segments have low energy consumptions, collectively, they are significant. In the UK, as SMEs contribute 25% of business energy consumption and the domestic sector contributes around a third Read more…Warren-Smart-technologies-evidence-and-policy-options1.pdf 954.42 KBWarren-Smart-technologies-evidence-and-policy-options.pdf 420.18 KB
Deane Somerville, Knowledge Team Manager, Energy Institute The 2016 Energy Barometer Report captures insights from UK energy professionals and enables them to form the energy debate, policymakers, influencers, the industry and the public. Deane Somerville has worked in the Knowledge Team at the Energy Institute for the past three years, and has been involved in the development and production of the Energy Barometer as well as other Knowledge Service products. Prior to joining the EI, he worked in environmental consulting, focusing on contaminated site remediation. Academically, his background is in Geology as well as Energy and Environmental Technology. Deane is a Graduate member of the Energy Institute.
Categories: Conference Presentations, Electricity and nuclear, Energy and environment, Energy demand, Energy economics, Energy efficiency, Energy policy, Energy security, Finance and investment, Gas, Oil, Renewables, Transport
Tags: electricity and nuclear, energy and environment, Energy Barometer, Energy demand, energy economics, Energy efficiency, Energy policy, energy professional survey, energy security, finance and investment, Future energy systems, Gas, Oil, Renewables, transportEnergy_Barometer_2016-Somerville.pdf 1.35 MB
Ms Anna Geddes, ETH, Switzerland Prof Tobias Schmidt, ETH, Switzerland Keywords: state investment banks, innovation, public finance, technological change, renewable energy, project finance Renewable energy technologies (RETs) are considered essential to help mankind achieve its climate change goals . But there is a significant ‘financing gap’ for the projects required and many are concerned that investments for the large-scale diffusion of RETs will not materialise [2-4]. Public support and utilities’ balance sheets are constrained and, given the necessary scale of investment, private finance is required [5-8]. Meanwhile, to become competitive in the long term, further innovation is needed . In recognition of this issue, some governments have appointed State Investment Banks (SIBs) to accelerate the diffusion (and innovation) of RETs. For example the UK’s GIB was founded to foster a greener and more innovative economy by mobilising private finance into low carbon projects. Studies exist on why SIBs are being created and their role in the economy [9-11], but not regarding their impact on technological change. With this work we aim to answer the following questions: How and to what extent Read more…
Tags: De-risking, Energy efficiency, energy finance and investment, green investment banks, Innovation, project finance, public finance, renewable, Renewables, state investment banks, technological change, technological innovation systemsGeddes-The-Role-of-State-Investment-Banks-in-Tech-Change.pdf 1.31 MBGeddes-The-role-of-State-Investment-Banks-in-tech-innov-systems.pdf 289.01 KB
Dr Mona Chitnis, University of Surrey, United Kingdom Prof Steve Sorrell, London School of Economics, United Kingdom Dr Roger Fouquet, London School of Economics, United Kingdom Improved energy efficiency is widely expected to play a key role in reducing energy consumption and GHG emissions. However, the energy and emissions savings from such improvements may be less than simple calculations suggest, owing to a variety of economic mechanisms that go under the heading of rebound effects. Direct rebound effects result from increased consumption of relatively cheaper energy services: for example, an efficient boiler lowers the cost of space heating so households may choose to increase internal temperatures and/or leave the heating on for longer. Indirect rebound effects result from induced changes in consumption of other goods and services, the provision of which necessarily involves energy use and GHG emissions. For example, the money saved on space heating may be spent instead on increased lighting, or on electronic goods. Re-spending therefore may lead to additional energy use and emissions, which offset the original energy and emission savings. This study estimates the direct and indirect rebound Read more…Chitnis-Rebound-effect-for-energy-services-the-case-of-UK-households.pdf 608.72 KBChitnisFouquetSorrell-ReboundEffectsForHouseholdEnergyServicesInTheUK.pdf 846.64 KB