Downloads / Marine

Bridging the gap – Market interventions for commercial marine energy deployments

Mr Philip Thies, University of Exeter, 22/09/12 In the UK as much as 17% of the electricity demand (58 TWh/a out of 340 TWh/a) could be provided by wave energy [1] and there are strong economic reasons to pursue this potential: Increase in the security of energy supply Contribution to reach CO2 targets Opportunity to spawn economic growth, i.e. creation of domestic and export markets. However, the marine renewable energy sector is still in a transition from the R&D development phase to commercially funded large scale projects. A key issue that has to be addressed is the reliability and availability of devices. Both needs to be demonstrated to convince stakeholders, attract investment and ensure project viability. The intention of the proposed paper is to review the often denounced failure of funding policy, leading to a funding gap between initial proof of concept testing and full-scale testing. A number of stakeholders, e.g. project developers, manufacturing companies, investors and insurance companies depend on the reliability of devices. Such tests are used in many other industries, but are only sparsely applied in the marine energy sector. The paper further aims to discuss to what extent Read more…

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Bridging the gap - Market interventions for commercial marine energy deployments - Poster.pdf 1.42 MB
22nd
Sep
2010

Accelerating the development of emerging renewable energy technologies: research and policy challenges

Dr Mark Winskel, Instiute for Energy Systems, University of Edinburgh Emerging renewable energy technologies promise to open up more diverse and more affordable paths for deeply decarbonising energy systems over time. In practice, realising this potential – ‘delivering’ technology acceleration – requires a thorough understanding of the technical, economic, institutional and environmental properties of different technology systems, their interaction with the wider energy system over time, and explicit and robust treatment of the many uncertainties involved. This paper systematically compares the research, policy and management challenges involved in accelerating the development of two emerging renewables now attracting significant levels interest in the UK and internationally – solar PV and marine energy. Firstly, the paper describes and compares the status of solar PV and marine technology systems, in terms of stages of development, current and emerging UK policy support for research, development, demonstration and deployment (RDD&D), the leading public and private sector organisations involved, and the relative standing of the UK research and developer communities in the international context. Secondly, the paper considers potential for cost reduction and performance improvement, in Read more…

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Accelerating the development of emerging renewable energy technologies - Presentation.pdf 524.93 KB
22nd
Sep
2010

A distinctive Energy Policy for Scotland?

Professor Peter McGregor, Department of Economics, University of Strathclyde  The objective of this paper is to explore the extent to which there has emerged a distinctive energy policy for Scotland, and to examine the degree to which any differentiation from UK energy policy may be judged to be either desirable or problematic. This requires a detailed consideration of both UK and Scottish energy policies. It is critically important to recognise that any energy policy in the present UK institutional setup operates in the context of liberalised energy markets. Energy policy instruments have to induce market participants to change their behaviour in such a way as to produce an outcome that meets the ultimate objectives/ goals of energy policy subject to a range of economic, political and legislative constraints. Typically, progress would be assessed at least partially through monitoring of intermediate targets or indicators. Implicit in this policy framework is a judgement that, in the absence of energy policies, liberalised markets would produce outcomes that were incompatible with the objectives of policy makers, including lower emissions to inhibit climate change and Read more…

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24th
Sep
2008

Learning Rates and Cost Reduction in the Marine Energy Sector

Mr Henry Jeffrey, University of Edinburgh. Since the early 1990s cost reduction and learning rates have attracted significant interest in technology and policy analysis. Learning rates (or experience curves) provide a method of analyzing technical change and policy measures and thus allow progress to be assessed and have hence found a role assessing future technology for the energy sector. The objective of this paper is to enhance the understanding of, and add clarity to, the potential cost reductions that could be achieved in marine energy in combination with assessing how existing learning rates models fit with this emerging technology. A secondary but nevertheless important objective is the identification of the underpinning causal factors that facilitate and govern future cost reductions, and hence dictate the overall learning investments for this sector. This will have the following benefits: •           Inform the energy forecasting community •           Inform the public and private sector investment community •           Inform policy makers This work will provide robust, auditable knowledge and information surrounding future costs of marine energy. It is important that this increased clarity is made available as Read more…

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24th
Sep
2008

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