ESRC SEMINAR THE INTRODUCTION OF THE UK RENEWABLES OBLIGATION University of Bath, 9 May 2008 Iain Todd Renewable Energy Consultant.

Slides:

Advertisements

Similar presentations

A 2030 framework for climate and energy policies Marten Westrup

Advertisements

1 6 Sustainable communities Issues such as climate change are global, but individuals experience impacts at local level Solutions will come from.

© OECD/IEA Deploying Renewables: Principles for Effective Policies Press Conference, OECD Berlin, 29 September 2008 Dr. Paolo Frankl Head, Renewable.

DG Energy and Transport, European Commission Fabrizio Barbaso 17/04/2008 EU RENEWABLE ENERGY PROPOSALS ARF Energy Security Seminar EUROPEAN COMMISSION.

1 EU ETS: Relative importance of the different factors affecting the competitiveness of the energy intensive industries Wyn Jones OBE High Level Group.

Energy policy and its implementation in Estonia Renewable energy Madis Laaniste, Energy Department.

Can the Legal Regime for Renewable Energy Support Schemes in the United Kingdom Promote Investment in Climate Friendly Technologies? Peter Oniemola Doctoral.

Carbon Reduction Commitment - CRC The University of Hull Ian Gibbs (Energy Manager) – 7 th July 2009.

1 SDC Climate Change Event Dr Keith MacLean Head of Policy and Public Affairs.

Grenada Sustainable Energy Plan Stakeholders Meeting April 5, 2002.

Financing Renewable Energy: an introduction to FITs and RHI Andrej Miller Renewable Financial Incentives Office of Renewable Energy Deployment

Financing your Renewable Energy Technology Jos Mister Energy Saving Trust.

JT 1 Support schemes for renewable energy in the Nordic countries Jouni Tolonen.

Motivations for a Socially- Owned Renewable Energy Sector: A South African Case Study Dinga Sikwebu National Education Coordinator.

Advanced Renewable Tariffs Thomas Vlcek – Royal Roads University MBA Power Procurement in British Columbia.

The Food & Drink Innovation Network Sustainability Tune-In 25 th November 2010 Steve Reeson Head of Climate Change and Energy Policy Food and Drink Federation.

Doctoral Program in Sustainable Energy Systems 2009 NOV 17 Ricardo Bessa Wind Energy, Support.

UK enabling Legislation Renewable Energy Strategy.

THE GREEN DEAL Alan Lupton. THE STORY SO FAR 1996 Introduction of the Home Energy Conservation Act (HECA) – local authorities to report annually on the.

1 mAn organized market that auctions firm energy contracts to acquire new energy mThe contract auction system has been very effective in promoting the.

The environmental and policy context for crowd-funding in the UK LSE Seminar on Crowd-Funding for Renewables 2 May 2013 Sam Fankhauser Grantham Research.

Renewable Energy in New Zealand. Introduction NZ’s energy supply NZ’s renewable energy supply NZ’s renewable electricity supply NZ’s renewable energy.

LEAVING A POSITIVE LEGACY. Future generations of Vermonters will benefit. Choosing clean energy sources, like wind, is the responsible thing to do. As.

10 February 2009 The Case for Coal Generation Sandy Rae, Energy Management Director.

Energy Efficiency Strategy. THE ENERGY WHITE PAPER Energy White Paper sets out four key goals for energy policy to: Cut the UK’s carbon dioxide emission.

Programming directions for GEF-6 Climate Change Mitigation

March 2009 Emissions Trading in South Africa National Climate Change Summit Emily Tyler.

Carbon Reduction Commitment AEA is the Government adviser contracted to develop the CRC scheme Stephen Boyle, Principal Consultant, Climate Change and.

World Forum on Energy Regulation IV Athens, Greece October , 2009 Energy Market Design and Promotion of Efficient Emissions Reductions John Tamblyn.

The Carbon Reduction Commitment (CRC) “A Participants Perspective” (NI Water) Climate Change and NI Water Criticisms of Carbon Trading Schemes Carbon Reduction.

1 NBS-M017 – 2013 CLIMATE CHANGE: GOVERNANCE AND COMPLIANCE Electricity Market Reform Aims to integrate both the Wholesale and Low Carbon Electricity Markets.

Renewable Targets and Policy Linda Pooley Head of Renewable Energy Technology and Investment Scottish Governmnet.

Marketing of MicroCHP MicroCHeaP meeting Copenhagen 29 September 2005.

PRME Seminar “Responsible Management of GHG Emissions” Fri 14 October 2011 Gujji Muthuswamy Department of Management Faculty of Business and Economics.

UK mCHP industry activity Martin Orrill Head of Technology and Innovation British Gas New Energy 29 May Gas Industry micro CHP workshop.

Tackling Dangerous Climate Change A UK perspective on a global issue Jonathan Brearley Director – Office Of Climate Change.

EU Energy Strategy

Learning from experience? The UK Renewables Obligation Bridget Woodman University of Exeter Cornwall Campus

Financing new electricity supply in the UK market with carbon abatement constraints Keith Palmer 08 March 2006 AFG.

UK Energy Efficiency Chris Leigh Household Energy Efficiency and Fuel Poverty Climate Change Group DECC.

Energy Tom Howes DG Energy European Commission Europe's renewable energy strategy.

EU Roadmap for moving to a competitive low carbon economy in 2050

→ UK policy & targets Kyoto: reduce emissions of greenhouse gases by 12.5% below 1990 levels by UK targets: –Reduce carbon dioxide emissions by.

Experiences and Problems with the climate change levy in the UK from a political point of view Sue Doughty MP Liberal Democrat Shadow Minister for the.

Viticulture– Carbon introduction Site / company name and logo here Presenter/s names here This is an Agrifood Skills Australia Ltd project developed in.

[Legislative] [Danish Policy] Energy 2000, Target to reduce CO2 emissions in 2005 by 20% compared to 1988 levels. Energy 21, Reinforce targets.

Keith Anderson Renewables and Major Projects Director Delivering Scotland’s Renewable Energy – European Perspective.

[Legislative] [Scottish Policy] Non Fossil Fuel Obligation (NFFO) - Equivalent to SRO in Scotland -Subsidies for renewable energy plants -Funded by Fossil.

Building a secure and sustainable energy system 10 th Annual National Power Conference February 2008 Hon David Parker Minister of Energy.

The Danish JI Program UNFCCC Workshop on the Implementation of Article 6 projects under the Kyoto Protocol Moscow, May 2004 by Ulla Blatt Bendtsen,

Sepn Climate Change and Energy Progress so far & Future Developments Peter Brunt Energy Strategy Unit, DPEI And Climate Change Programme Review Team, Defra.

Swedish Energy Policy. Relative Energy Supply coal hydro wood oil nuclear new RES.

Low carbon heat international showcase Edinburgh The Public Sector Role in Developing Area-wide Low to Zero Carbon Heat 18 th November 2014.

Keeping the door open for a two-degree world (Climate, Renewables and Coal) Philippe Benoit Head of Environment and Energy Efficiency Division International.

Climate and Energy Package Open Days 2008 Workshop “ Climate change and the role of regions“ 7 October 2008 Martin Weiss European Commission DG ENV, unit.

GEF and the Conventions The Global Environment Facility: Is the financial mechanism for the Stockholm Convention on Persistent Organic Pollutants the.

IFIEC Europe International Federation of Industrial Energy Consumers 1 Promotion of Renewable Energies in the EU Member States Consequences on the Price.

CCL, ROCs & Other Acronyms AL GORE I. Aspects Covered Background – climate change CCL and ECAs Renewables Obligation the RO NFFO, ROCs, LECs, REGOs CRC.

NFFO and SRO Features: - Scope limited to grid-connected electricity generation Fixed-term, fixed-price contracts offered for purchase of electricity Support.

The 2006 Energy Review Regional Stakeholder Seminar: Fuel Poverty and Energy Efficiency 31 January 2006 Carl McCamish Deputy Head of Energy Review Team.

Energy in Transition: Embracing Disruption Dr Liam Wagner Economics, Griffith Business School 5th IAEE Asian Conference, February 2016 Department of Account,

Certificate Trading for the UK’s Energy Efficiency Commitment John Costyn Ofgem.

Microgeneration Karl Letten – Change Programme Support Officer (Environment) Change Management.

London 2062 Symposium London’s Energy Future Peter North 19 th March 2012.

Cheryl Hiles, Director of Sustainable Energy Delivery.

Trading Futures proposals for emissions trading in the UK Chris Hewett Research Fellow Institute for Public Policy Research.

The European Climate Change Programme

Incentivizing Private Sector

Our mission is to accelerate the move to a sustainable,

Scaling up of Renewable Energy for Power Generation in the Western Balkan countries

Presentation transcript:

ESRC SEMINAR THE INTRODUCTION OF THE UK RENEWABLES OBLIGATION University of Bath, 9 May 2008 Iain Todd Renewable Energy Consultant

Renewables Obligation Introduced in 2002 Main policy instrument for renewables in the UK; treats all technologies equally Emerging technologies also to receive supplementary, variable support RO support forecast to rise to £1 billion per year by 2010

NFFO scheme Renewable energy companies bid for competitively-let, long-term contracts, to supply electricity at premium rates Mixed success Costs of renewables fell during 1990s But projects delayed due to planning, technical and commercial reasons; certainly no market transformation

Objectives of RO (1) To transform the market, to transfer renewables into the mainstream from a peripheral position To compel energy suppliers to develop major renewable energy projects To provide long-term commitment in legislation (2027)

Objectives of RO (2) To use the power of the market to control costs To harness competition between energy suppliers

Objectives of RO (3) To assist energy security To create economic opportunities for domestic companies To promote innovation, to reduce unit costs

Technologies Several consultations Exclusion of large hydro Exclusion of incineration of mixed waste Inclusion of live NFFO sites Buy-out price increased from £20 per Mwh to £30

Early life issues (1) ( ) Communication Confidence, esp financial sector Calls for more help from some technologies Calls for greater duration – extension from 2010 to 2015 Extension of co-firing policy from 2011 to 2016

Early life issues (2) ( ) TXU bankruptcy (£20m in first year) Differences between England/Wales and Scotland Introduction of Northern Ireland Headroom Exit strategies

Effectiveness (1)

Effectiveness (2)

NAO report (2005) It is unlikely that a policy tool focussed directly on reducing emissions across all sectors of the economy – such as a carbon dioxide tax – would have yielded the same level of renewable generation in this time.

NAO report (2005) The level of support provided by the RO is greater than necessary to ensure that most new onshore wind farms and large landfill gas projects are developed.

NAO report (2005) No criterion for reducing or withdrawing support from a particular technology.

NAO report (2005) NAO consultants predict hitting 2010 target Report recommends consideration of banding Report recognises planning and grid as the key factors affecting the success of the policy

NAO report (2005) Co-firing will not discourage the development of other non- biological sources of renewable generation There is a confusing proliferation of support schemes – Carbon Trust, DTI Technology Programme, RDAs, now ETI …

RO v Feed-in Reward for generation of renewable electricity, per Mwh Could vary between technologies Could either be fixed sum, or vary with the market – ideal might be elements of both?

RO v Feed-in Pace of development in UK not set by RO v Feed-in Pace of development set by planning regime And in future possibly constrained by grid

RO v Feed-in Speculatively, non-variable rewards might favour more community-based schemes, which might move more quickly through the planning system But very speculative

Trading of certificates between countries Not the same as harmonisation of support schemes Investment would be drawn to the area of greatest economic efficiency Missed opportunity to reduce costs

Future development of RO Banding Trading; eventual link to ETS? Devolution ( marine, island, EFW ) Fixed rewards for micro- renewables ? If so, boundary?