An ETI Perspective - Targets, Technologies, Infrastructure and Investments: Preparing the UK for the Energy Transition
Abstract:
The UK was one of the first countries to take the climate challenge seriously and give the transition an institutional framework. This has allowed it to take an integrated approach to the journey to 2050. It starts with preparing for the mass scale deployment of key technologies by the mid 2020’s.
Key headlines
- The UK can implement an affordable (approximately 1% of GDP) 35-year transition to a low carbon energy system by developing, commercialising and integrating known – but currently underdeveloped solutions
- There is enormous potential and value in CCS and bioenergy in delivering alow carbon future
- The ability (or failure) to deploy these two technologies will have a huge impact on the cost of achieving the UK climate change targets and the national architecture of low carbon systems and future infrastructure requirements
- To avoidwasting investment, crucial decisions must be made about the design of the future UK energy system, driven by choices on infrastructure
- The next decade is critical in preparing for transition
- Preparation will require major investments in developing and proving key technology options by the mid 2020s
- Preparation creates options, demonstrates leadershipand provides scope for economic advantage in a global market place
- Planned UK spend is probably sufficient, if it is targeted to develop genuine deployment readiness of the most strategically valuable options on the pathway to 2050
- Significant policy intervention will be required to support key technologies with characteristics that make a pure market approach difficult (e.g. CCS, bioenergy, nuclear, offshore wind, heat networks
Publication Year:
2015
Publisher:
ETI
Author(s):
Coleman, J. and Haslett, A.
Energy Categories
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Language:
English
File Type:
application/pdf
File Size:
872069 B
Rights:
Energy Technologies Institute Open Licence for Materials
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Further information:
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Region:
United Kingdom
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