||Bridgend County Borough Council has been working with a group of stakeholders consisting of Welsh Government, Western Power Distribution, Wales and West Utilities and the Energy Systems Catapult, to pilot an advanced whole system approach to local area energy planning. Bridgend is one of three areas including Newcastle and Bury in Greater Manchester participating in the pilot project as part of the Energy Technologies Institute (ETI) Smart Systems and Heat (SSH) Programme.
This report describes the policy, economic and commercial perspective as it relates to the EnergyPath Transition Plan for Bridgend County Borough Council. It includes a national policy and regulatory perspective, which considers the current environment for low-carbon and energy efficient interventions and describes the opportunities for deployment and barriers which may hinder their adoption. A socio-economic impact considers a cost-benefit analysis of the transition plan for Bridgend identifying and quantifying tangible and intangible benefits selected scenarios including commercial opportunities and risks.
A number of policy initiatives can support the implementation of Strategy as can be seen from the socio-economic analysis in Section 3.2, the consideration of the policies that have been adopted successfully in other countries and also discussed in Tables 3.1 & 3.2. These can be encapsulated in 9 measures, divided into 4 broad categories as follows:
- Subsidy/Financial Support
- Market Structure, Liquidity and Pricing
- Energy Regulation