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Local Energy Systems: Fantastic Opportunity, Fantastic Challenge.

Local Energy Systems: Fantastic Opportunity, Fantastic Challenge. Rob Saunders Head of Energy Technology Strategy Board. 2012 Energy Strategy: 3 Pillars of Activity. Develop affordable and secure sources of energy supply that also reduce GHG emissions

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Local Energy Systems: Fantastic Opportunity, Fantastic Challenge.

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  1. Local Energy Systems:Fantastic Opportunity, Fantastic Challenge. Rob Saunders Head of Energy Technology Strategy Board

  2. 2012 Energy Strategy: 3 Pillars of Activity • Develop affordable and secure sources of energy supply that also reduce GHG emissions • Integration of future demand and energy supply into a flexible, secure and resilient energy system • Reduce GHG emissions at point of use And working with our partners across the Low Carbon Innovation Coordination Group (LCICG) in delivery

  3. 20th Century Energy.... Electricity Heat Transport

  4. 21st Century Energy.... Electricity Heat Transport

  5. Energy Systems: £bn Markets • Technology Innovation Needs Assessments • £1.6 trillion International opportunity in energy systems transformation by 2050 • £34bn GVA + £19bn savings in UK electricity networks, and • £12bn GVA + £66bn savings heat pumps, heat networks & heat storage • via technology innovation • Up to $200bn electricity network digital intelligence market globally by 2015 with 18% CAGR to 2020- Pike Research • CISCO estimates ‘global communications for energy network transformation $20bn pa 2017 . 

  6. Why ‘local’? Immediacy National benefit Security Local Energy Systems Scale Mixed end-use Engagement

  7. So what’s holding us back? Collaboration Markets Uncertainty Local Energy Systems Scale & complexity Timing Behaviour

  8. Our Energy Systems activity ramping up... • Scaling up activity through to 2015/16 • New Energy Systems Innovation Platform including; • Roadmapping & Coordination • RD&D funding and linkage to other schemes (eg LCNF, ETI, DECC) • Working in partnership with Energy Systems Catapult • First CR&D competition: “Localised Energy Systems” closed last week • Collaborative with Transport, Digital, Buildings and energy teams, EPSRC. • Our most popular energy competition ever!

  9. Energy Systems Catapult Timeline Sept ’13: Vince Cable announcement; Independent Advisory Group set up Oct ‘13 – Feb ’14 Sector consultation - Representatives >250 Companies, Unis & Public bodies - 1 to 1’s, workshops, questionnaires, Dinners Mar ’14 Evidence based Business Case, Apr ’14TSB Board decision ⇨Next phase Apr - Oct ‘14 Recruit Chair / Board / CEO / Interim delivery team, detailed 5 yr Business Plan Dec ‘14 TSB Governing Board Approve 5yr Business Plan Apr ‘15 Catapult launch and operating under HMT approved 5 yr funding Funding Allocation: £10m pa from Apr ’15

  10. Finally, some thoughts on today

  11. Thank You

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