Post on 24-Dec-2015
Driving Innovation
V2 140508
Local Energy Systems:
Fantastic Opportunity, Fantastic Challenge.
Rob SaundersHead of EnergyTechnology Strategy Board
Driving Innovation
1. Develop affordable and secure sources of energy supply that also reduce GHG emissions
2. Integration of future demand and energy supply into a flexible, secure and resilient energy system
3. Reduce GHG emissions at point of use
And working with our partners across the Low Carbon Innovation Coordination Group (LCICG) in delivery
2012 Energy Strategy: 3 Pillars of Activity
Driving Innovation
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
. 5
Driving Innovation
Why ‘local’?
Security
Scale Mixed end-use
Engagement
Immediacy
National benefit
Local Energy
Systems
Driving Innovation
So what’s holding us back?
Uncertainty
Scale & complexity
Timing
Behaviour
Collaboration
Markets
Local Energy
Systems
Driving Innovation
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!
Driving Innovation
Energy Systems Catapult Timeline
Sept ’13: Vince Cable announcement; Independent Advisory Group set upOct ‘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 ’14 TSB 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
Driving Innovation
Finally, some thoughts on today
Challenge Today’s Opportunity
Energy Systems: a multi-dimensional issue...
Stimulating talks from multiple viewpoints
Only have a piece of the puzzle....
Find another piece to join onto
Complexity of energy systems
Listen well, contribute fully
Route to market needs collaboration
Everyone here is your potential partner