Downloads / renewable

Continuity and Disruption in UK Energy System Change: Mapping Expert Differences – and Understanding their Implications

Mike Kattirtz, University of Edinburgh Energy systems globally are undergoing dramatic changes, and many observers anticipate accelerated changes in the years ahead. The changes are being driven by a combination of high-level national and international policy agreements, as well as more bottom-up, insurgent changes in the cost and performance of energy technologies (supply, storage and use) and also changing consumer behaviours and social practices. Less visibly, energy systems also exhibit strong elements of continuity, in terms of the renewal, extension and repurposing of existing technical infrastructures and institutions. This pattern of both disruptive and continuity-based change, which is particularly evident in the UK energy system, is reflected in energy experts’ varied prescriptions for energy system change. As a result, there are multiple working definitions of the energy system change and system integration, with many questions and uncertainties about future pathways such as the extent of system rescaling, the key public and private agents of change and the extent to which consumers and citizens are likely to play a significant role in driving change. In their review of energy scenarios, McDowall Read more…

Categories: Academic Papers, Renewables

Tags: biofuel, community energy, Energy Consumers - Domestic, Energy Consumers Industrial, Energy demand, Energy distribution, energy innovation, Energy policy, energy storage, Heat, renewable, Renewables, Smart Energy, solar, transport

Kattirzi-Continuity-and-disruption-in-UK-energy-system-change.pptx 4.33 MBKattiritz-Continuity-and-disruption-in-UK-energy-sytem-change.pdf 973.16 KB

19th
Sep
2018

Community Energy: A New Democratised Energy System?

Helen Roby; Coventry University Introduction The UK energy sector has been one of large-scale energy production, with households viewed as passive consumers at the end of wires. With the development of renewable energy technologies and smart meters, households and communities are taking on more active roles as producers and consumers of energy. This change could lead to a reconfiguration of production and consumption, whereby the energy system becomes both decentralised and democratised, empowering individuals and communities to contribute to its decarbonisation. Context In 2014 DECC (2014) published a strategy report for community energy, aimed at supporting energy and climate change policies. This report indicated a change in government policy from centralised large-scale energy production, to small-scale dispersed generation and ownership. The DECC report explores community energy’s role in helping to meet carbon reduction targets, with the potential by 2020 to produce between 0.5GW (2.2%) and 3GW (14%) of installed energy. Community energy schemes can also deliver other benefits, including meeting local needs, maintaining energy security, saving money and wider social and economic benefits (Cherrier, Szuba, and Özçağlar-Toulouse 2012). However, such Read more…

Categories: Academic Papers, Energy demand, Renewables

Tags: community energy, Energy Consumers - Domestic, Energy demand, energy storage, renewable

Roby-Community-Energy-a-new-democratised-energy-system.pptx 25.43 MBRoby-Community-energy-A-new-democtratised-energy-systeem.pdf 281.89 KB

19th
Sep
2018

The role of State Investment Banks in enabling low-carbon technological change

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 [1]. 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 [1]. 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…

Categories: Academic Papers, Energy efficiency, Finance and investment, Renewables

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 systems

Geddes-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

21st
Sep
2016

Effectiveness and economic efficiency of support mechanisms for private sector investment in renewable generation technologies

Mr Jostein Kristensen The recent proposal for a Renewables Directive from the European Commission has set a target on the UK to source 15% of total energy consumption from renewable sources. This is likely to require the development of a large amount of additional UK renewable electricity generation capacity using a variety of technologies. Some of these technologies—in particular, certain offshore generation technologies—have yet to be proven commercially viable. This is the case even with the financial supports provided in the UK, which include the Renewable Obligation and the associated tradeable Renewable Obligation Certificates. We present recent and on-going research by Oxera to assess whether current UK policies are likely to be successful in bringing forth sufficient renewable generation capacity by the private sector, and whether alternative policies (some seen elsewhere in the EU) are likely to be more effective, efficient, and/or robust. Based on a dynamic investment model, several scenarios of UK renewable generation deployment are shown, including an economic assessment of the efficiency of existing and potential price or quantity policy levers. In addition, the effectiveness of schemes Read more…

Categories: Academic Papers, Energy modelling, Renewables

Tags: conference 2008, Generation, instruments, Investment, renewable, RO, scenarios, security and sustainability, UK

Renewing-the-renewables-obligation-pres.pdf 237.59 KB

25th
Sep
2008

Security and Sustainability

David Newbery, University of Cambridge 2008. What is the relationship between climate change, RD&D for low carbon investment and energy security? Security concerns are characterised as problem of cost rather than pure security of supply or market failures. However intervention is required to correct the market failures of carbon emissions and lack of RD&D. The right instruments are needed, including a credible future carbon price, to enable markets to deliver electricity investment. The EU 2020 renewables target is discussed together with who should pay for RD&D. The current policy of incorporating costs into electricity bills is highly regressive.

Categories: Conference Presentations, Energy and environment, Energy policy, Energy security

Tags: Carbon emissions, Carbon price, conference 2008, Consumer bills, Energy pricing, EU, Fossil fuels, Fuel poverty, Global, Non-fossil fuels, Nuclear, RD&D, renewable, security and sustainability, UK

24th
Sep
2008

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Downloads / renewable

Continuity and Disruption in UK Energy System Change: Mapping Expert Differences – and Understanding their Implications

Community Energy: A New Democratised Energy System?

The role of State Investment Banks in enabling low-carbon technological change

Effectiveness and economic efficiency of support mechanisms for private sector investment in renewable generation technologies

Security and Sustainability

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