Downloads / Academic Papers

Supporting smart metering innovation to drive energy savings for homes and small businesses

Supporting smart metering innovation to drive energy savings for homes and small businesses Kelly Finnerty, Department of Business, Energy and Industrial Strategy Stephanie Gale, Department of Business, Energy and Industrial Strategy 1. INTRODUCTION Smart meters are being rolled out to homes, small businesses and schools across Great Britain. They will play an important part in Britain’s transition to a low carbon economy by providing consumers with real time information to help manage their energy use, save money and reduce emissions [1]. Smart meters also facilitate the development of new services and technologies which use energy data to drive further behavioural and institutional changes required for achieving net-zero in homes and non-domestic sites. 2. APPROACH Between 2018 and 2020, BEIS delivered the Non-Domestic Smart Energy Management Innovation Competition (NDSEMIC), which comprised up to £8.8M of funding for innovators to develop products and services based on smart meter data, to maximise the potential for energy savings in three priority sectors (hospitality, retail and schools) [2]. NDSEMIC’s Research and Evaluation Programme (REP) was a parallel two-year programme to draw out evidence about what Read more…

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26th
Jul
2021

The role of hydrogen in meeting UK’s net-zero target by 2050

The UK has set the ambitious target of bringing all greenhouse gas emissions to net zero by 2050. This will require substantial decarbonisation across the energy system, including power, industry, buildings and transportation. A high degree of electrification combined with deployment of low-carbon technologies including renewable energy systems (RES), nuclear and thermal generation with carbon capture and storage (CCS) is expected to facilitate this transition. However, hydrogen is also likely to play an important role in reducing emissions in challenging energy sectors including industrial processes, heavy transport and heating applications.

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3rd
Jun
2021

Green Recovery

The UK government has set an ambitious target to reach Net Zero by 2050. Quite rightly, there has been much attention focused on the portfolio of technologies that will help us achieve this, from new nuclear and renewables to hydrogen and CCUS. However, there has been less discussion about whether the construct of the UK energy system and associated regulatory framework is fit for purpose in a Net Zero future.

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3rd
Jun
2021

The Impact of Digital Technologies on OECD Energy Demand

Information and Communication Technologies (ICTs) offer many opportunities for energy saving, such as optimising energy use in buildings and industrial processes, but the continuing increases in the number, power and range of applications of ICTs may act to increase energy demand. To date, however, there have been few rigorous, empirical estimates of the net impact of ICTs on energy demand in different sectors. In this paper, we provide such estimates using a panel dataset of 28 sectors in 17 OECD countries over 13 years. By estimating equations for the share of energy in variable costs, we are able to derive estimates of the elasticity of energy use with respect to ICT capital services – both for the whole sample and for individual sectors. Our results suggest that investment in ICT is associated with a modest reduction in energy demand, with the impact being much larger in ‘service’ sectors. These results appear robust to a variety of specifications. The findings are relevant to the role of digitalisation in delivering net-zero emissions, and to the panel session on energy demand.

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3rd
Jun
2021

Exploring the implications of landscape visual impact of renewable technologies for future low carbon energy systems in Great Britain

Policymakers require reliable information about the cost and potential capacities of renewable energy technologies. The realizable potential for these technologies is strongly dependent on a range of constraints. While certain constraints such as economic feasibility and supply chain capacities are relatively amenable to quantitative modelling, other concerns such as the visual impact of renewable energy installations are more challenging to capture.

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3rd
Jun
2021

Blockchain Based Energy Trading: Regulatory Changes Proposed and Needed to Facilitate Blockchain in the GB Energy Market

Blockchain is one the most exciting new technologies to be developed in recent years, and in the energy sector it could revolutionise the way we produce, and buy electricity and gas. Imagine a scenario where residents in a block of flats can trade electricity generated by solar panels between themselves, with the trades being tracked by Blockchain. It is the sort of development that could play a big part in the transformation and decarbonisation of the sector.

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3rd
Jun
2021

What do regional energy systems operators look like in a net zero world?

This paper will present the preliminary findings from a two-year Innovate UK-funded project to design a regional energy system operator (RESO) model for the City of Coventry[1]. The project is exploring the institutional and governance frameworks necessary to support a just transition to a zero carbon energy system, in the context of comprehensive re-design of the city’s energy and transport infrastructure to deliver the necessary reductions in emissions.

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3rd
Jun
2021

Regulatory sandboxes: how to design them to help deliver net zero?

One of the key obstacles to the rollout of innovative models driving the transition to a net zero society is regulation. Without it, or when there is too much of it, innovation cannot thrive. Countries across the world, including the United Kingdom, are currently grappling with the question of how to shape the regulatory framework in a way that enables energy consumers to have access to new digitalisation-driven forms of services, such as peer-to-peer energy trading. Policymakers and regulators must strike a careful balance between enabling (fast-paced) innovation by avoiding prescriptive laws, while providing a framework that protects consumers playing a more active role in the energy system.

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3rd
Jun
2021

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