Local Energy Systems: Fantastic Opportunity, Fantastic Challenge.

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Driving Innovation V2 140508 Local Energy Systems: Fantastic Opportunity, Fantastic Challenge. Rob Saunders Head of Energy Technology Strategy Board

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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 - PowerPoint PPT Presentation

Transcript of Local Energy Systems: Fantastic Opportunity, Fantastic Challenge.

Page 1: Local Energy Systems: Fantastic Opportunity,  Fantastic Challenge.

Driving Innovation

V2 140508

Local Energy Systems:

Fantastic Opportunity, Fantastic Challenge.

Rob SaundersHead of EnergyTechnology Strategy Board

Page 2: Local Energy Systems: Fantastic Opportunity,  Fantastic Challenge.

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

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Driving Innovation 20th Century Energy....

Electricity

Heat

Transport

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Driving Innovation21st Century Energy....

Electricity

Heat

Transport

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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

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Driving Innovation

Why ‘local’?

Security

Scale Mixed end-use

Engagement

Immediacy

National benefit

Local Energy

Systems

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Driving Innovation

So what’s holding us back?

Uncertainty

Scale & complexity

Timing

Behaviour

Collaboration

Markets

Local Energy

Systems

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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!

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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

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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

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Driving Innovation

Thank You