Mr Joachim Geske, Imperial College, London, United Kingdom Prof Richard Green, Imperial College Business School, United Kingdom Overview: Storage has the technical potential to increase efficiency of electrical systems significantly – especially in the context of integrating intermittent renewable technologies. This is achieved by shifting energy from periods of low demand to periods of high demand. Thus, the utilization of medium load power plants is increased and the utilization of peak load power plants is reduced. The full extent of efficiency gain is achieved if generation capacity is adapted to the “equilibrated” load situation – with a higher base load and lower peak load share. In this case, the installed fossil generation capacity falls below peak load level. Since the amount of energy stored is generally limited, there is a risk of outages in cases of prolonged demand peaks. This problem does not occur in perfect foresight based analyses that are still the paradigm of electrical system analysis. The subject of this analysis is to show how storage is operated optimally under renewable and load uncertainty in the system context. Methodology: We Read more…GeskeGreen-Optimal-Storage-Management-Under-Uncertainty1.pdf 893.03 KBGeskeGreen-Optimal-Storage-Management-Under-Uncertainty.pdf 687.17 KB
Mr Richard Lowes, University of Exeter Energy Policy Group, United Kingdom Heat is around half of the UK’s total energy demand and its generation is responsible for a third of the UK’s greenhouse gas emissions. Despite the scale and importance of UK heat, it has received limited attention from researchers and policy makers and the growth in sustainable heating has been limited compared to the growth of sustainable electricity (Connor et al., 2015). This needs to change as most energy system models show that non-industrial heating will need to be almost completely decarbonised if the UK’s 2050 climate goal is to be met. This implies a complete transformation away from fossil fuels for heat with major disruption of the existing heating regime required and innovation in low-carbon forms of heat. The social and technological aspects of the UK heat regime are complex and interconnected and include culture, practices, institutions, physical infrastructure and industry. This system therefore has its own inertia and interests which means that disruption and innovation will be challenged and contested (Stirling, 2014). The existing heat regime actors, primarily Read more…Lowes_Political_Power_Renewable_Heat_Incentive1.pdf 987.97 KBLowes_Political_Power_Renewable_Heat_Incentive.pdf 716.15 KB
Prof Peter Taylor, University of Leeds, United Kingdom Dr Jonathan Radcliffe, University of Birmingham, United Kingdom Energy storage is increasing being recognised both in the UK and globally as an important component of a future low-carbon energy system, due to its ability to provide energy system flexibility by helping to balance supply and demand (Taylor et al, 2013). The term ‘energy storage’ encompasses a family of technologies, ranging across orders of magnitude in time and energy scales, covering the storage of electrical and thermal energy (and potentially other vectors, such as hydrogen) by means of a number of different physical processes. The various storage technologies are also at different stages of maturity; with some (such as pumped hydroelectricity and sensible heat storage) having been fully commercial for many years, while others (for example, certain battery chemistries and some materials for latent heat storage) still require fundamental research and development. In the UK, public investment in energy storage research, development and demonstration has increased substantially in recent years, with the aim of accelerating the commercialisation of a number of different technologies (Winskel et Read more…Taylor-Radcliffe-Accelerating-Energy-Storage-Innovation.pdf 724.98 KBTaylor-Radcliffe-Accelerating-innovation-in-energy-storage.pdf 516.95 KB
Ms Samuela Bassi, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom Prof Samuel Fankhauser, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom Dr Maria Carvalho, Grantham Research Institute on Climate Change and the Environment, London School of Economics and Political Science, United Kingdom • Overview and relevance Following the Paris Agreement, the focus of EU decision makers has turned again towards domestic policy. Good European and national policies will be essential to achieve the target outlined in the EU’s intended nationally determined contribution (INDC) in the most cost effective way. It is therefore particularly crucial to understand what works in climate policy, and whether the current EU policy architecture is able to facilitate the technology development required to meet future carbon reduction targets. This paper aims to identify the effectiveness of European and domestic policies. It investigates their effectiveness, credibility and unintended consequences. In particular, it assesses whether the current policy framework is fit for purpose to accommodate the required technological and economic transformation Read more…Carvalho_A_Fit-for-Purpose_Energy_Policy_for_the_European_Union1.pdf 1.02 MBCarvalho_A_Fit-for-Purpose_Energy_Policy_for_the_European_Union.pdf 319.17 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