The future of marine renewables in the UK

The future of marine renewables in the UK

Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2012-02-19

Total Pages: 150

ISBN-13: 9780215041821

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The Energy and Climate Change Committee believes the UK could become a leading exporter of wave and tidal power equipment and expertise if the Government adopts a more visionary approach to developing marine renewables. Technologies that can harness the power of the sea to generate electricity are still in their infancy. But with the largest wave and tidal resources in Europe, up to 20% of the UK's electricity could eventually come from this reliable and predictable low-carbon source. Developing a thriving wave and tidal industry could also bring economic benefits to the UK. Companies based here could export equipment and components for marine devices to other markets, and also provide specialist skills and expertise, such as offshore surveying. The UK is currently the world leader in the development of wave and tidal energy technologies. Of the eight full-scale prototype devices installed worldwide, seven are in the UK. But an overly cautious approach to developing this sector may allow other less risk-averse countries to steal the UK's lead, as happened with wind turbines. The report identifies a number of crucial areas for development of the marine renewables industry: investor confidence, policy certainty, public-private risk sharing, improved grid connections and a workforce with the necessary engineering skills are all. The UK needs a strong political vision to boost confidence and drive the pace of development in order to reap the rewards of a successful wave and tidal power industry.


Book Synopsis The future of marine renewables in the UK by : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Download or read book The future of marine renewables in the UK written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2012-02-19 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Energy and Climate Change Committee believes the UK could become a leading exporter of wave and tidal power equipment and expertise if the Government adopts a more visionary approach to developing marine renewables. Technologies that can harness the power of the sea to generate electricity are still in their infancy. But with the largest wave and tidal resources in Europe, up to 20% of the UK's electricity could eventually come from this reliable and predictable low-carbon source. Developing a thriving wave and tidal industry could also bring economic benefits to the UK. Companies based here could export equipment and components for marine devices to other markets, and also provide specialist skills and expertise, such as offshore surveying. The UK is currently the world leader in the development of wave and tidal energy technologies. Of the eight full-scale prototype devices installed worldwide, seven are in the UK. But an overly cautious approach to developing this sector may allow other less risk-averse countries to steal the UK's lead, as happened with wind turbines. The report identifies a number of crucial areas for development of the marine renewables industry: investor confidence, policy certainty, public-private risk sharing, improved grid connections and a workforce with the necessary engineering skills are all. The UK needs a strong political vision to boost confidence and drive the pace of development in order to reap the rewards of a successful wave and tidal power industry.


The Future of Marine Renewables in the UK

The Future of Marine Renewables in the UK

Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Publisher:

Published: 2012-05-17

Total Pages: 17

ISBN-13: 9780215045164

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Government response to HC 1624, session 2010-12 (ISBN 9780215041821)


Book Synopsis The Future of Marine Renewables in the UK by : Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Download or read book The Future of Marine Renewables in the UK written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by . This book was released on 2012-05-17 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government response to HC 1624, session 2010-12 (ISBN 9780215041821)


Refocus Marine Renewable Energy Report

Refocus Marine Renewable Energy Report

Author: Adam Westwood

Publisher: Elsevier

Published: 2005

Total Pages: 218

ISBN-13: 9781856174626

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Forecasts future activity in the marine renewables sectors of offshore wind, wave and tidal energy. Written by leading energy industry analysts, the models used in forecasting use realistic costing, based on actual project costs.


Book Synopsis Refocus Marine Renewable Energy Report by : Adam Westwood

Download or read book Refocus Marine Renewable Energy Report written by Adam Westwood and published by Elsevier. This book was released on 2005 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: Forecasts future activity in the marine renewables sectors of offshore wind, wave and tidal energy. Written by leading energy industry analysts, the models used in forecasting use realistic costing, based on actual project costs.


Wave and Tidal Energy

Wave and Tidal Energy

Author: Deborah Greaves

Publisher: John Wiley & Sons

Published: 2018-07-23

Total Pages: 713

ISBN-13: 1119014441

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A comprehensive text covering all aspects of wave and tidal energy Wave and Tidal Energy provides a comprehensive and self-contained review of the developing marine renewable energy sector, drawing from the latest research and from the experience of device testing. The book has a twofold objective: to provide an overview of wave and tidal energy suitable for newcomers to the field and to serve as a reference text for advanced study and practice. Including detail on key issues such as resource characterisation, wave and tidal technology, power systems, numerical and physical modelling, environmental impact and policy. The book also includes an up-to-date review of developments worldwide and case studies of selected projects. Key features: A comprehensive and self-contained text covering all aspects of the multidisciplinary fields of wave and tidal energy. Draws upon the latest research in wave and tidal energy and the experience of leading practitioners in numerical and laboratory modelling. Regional developments worldwide are reviewed and representative projects are presented as case studies. Wave and Tidal Energy is an invaluable resource to a wide range of readers, from engineering students to technical managers and policymakers to postgraduate students and researchers.


Book Synopsis Wave and Tidal Energy by : Deborah Greaves

Download or read book Wave and Tidal Energy written by Deborah Greaves and published by John Wiley & Sons. This book was released on 2018-07-23 with total page 713 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive text covering all aspects of wave and tidal energy Wave and Tidal Energy provides a comprehensive and self-contained review of the developing marine renewable energy sector, drawing from the latest research and from the experience of device testing. The book has a twofold objective: to provide an overview of wave and tidal energy suitable for newcomers to the field and to serve as a reference text for advanced study and practice. Including detail on key issues such as resource characterisation, wave and tidal technology, power systems, numerical and physical modelling, environmental impact and policy. The book also includes an up-to-date review of developments worldwide and case studies of selected projects. Key features: A comprehensive and self-contained text covering all aspects of the multidisciplinary fields of wave and tidal energy. Draws upon the latest research in wave and tidal energy and the experience of leading practitioners in numerical and laboratory modelling. Regional developments worldwide are reviewed and representative projects are presented as case studies. Wave and Tidal Energy is an invaluable resource to a wide range of readers, from engineering students to technical managers and policymakers to postgraduate students and researchers.


Draft Energy Bill

Draft Energy Bill

Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2012-07-23

Total Pages: 90

ISBN-13: 9780215047281

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In the biggest shake-up of the electricity market since privatisation, the Energy Bill will introduce a new system of long-term contracts to give power companies a guaranteed price for the low-carbon electricity they produce. This is intended to reduce the risk of investment in projects with high up-front capital costs, such as nuclear reactors and offshore wind farms. Initial consultation last year led investors to believe that the "Contracts for Difference" (CfD) would be guaranteed by the State - therefore lowering the cost of capital. But the Treasury has apparently intervened to ensure that the contracts are not government guaranteed. The new model for contracts will spread the liability across various energy companies instead; raising concerns that the plans are now too complex and possibly not legally enforceable. The MPs are calling on the Government to use its AAA-credit rating to underwrite the new contracts in order to keep the costs of energy investment down for consumers. The Committee heard that the spending cap set by the Treasury - which limits the green levies that can be passed on to consumers in energy bills - could introduce an "unacceptable" level of risk to companies who are looking to build new wind, solar, wave or tidal power plants, creating uncertainty amongst investors about which projects will receive support. This is already having an impact of investment decisions and could paradoxically push-up energy costs for consumers. The Committee says that the Government must come up with a stronger contract design before the Bill is expected to be introduced to Parliament in the autumn


Book Synopsis Draft Energy Bill by : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Download or read book Draft Energy Bill written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2012-07-23 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the biggest shake-up of the electricity market since privatisation, the Energy Bill will introduce a new system of long-term contracts to give power companies a guaranteed price for the low-carbon electricity they produce. This is intended to reduce the risk of investment in projects with high up-front capital costs, such as nuclear reactors and offshore wind farms. Initial consultation last year led investors to believe that the "Contracts for Difference" (CfD) would be guaranteed by the State - therefore lowering the cost of capital. But the Treasury has apparently intervened to ensure that the contracts are not government guaranteed. The new model for contracts will spread the liability across various energy companies instead; raising concerns that the plans are now too complex and possibly not legally enforceable. The MPs are calling on the Government to use its AAA-credit rating to underwrite the new contracts in order to keep the costs of energy investment down for consumers. The Committee heard that the spending cap set by the Treasury - which limits the green levies that can be passed on to consumers in energy bills - could introduce an "unacceptable" level of risk to companies who are looking to build new wind, solar, wave or tidal power plants, creating uncertainty amongst investors about which projects will receive support. This is already having an impact of investment decisions and could paradoxically push-up energy costs for consumers. The Committee says that the Government must come up with a stronger contract design before the Bill is expected to be introduced to Parliament in the autumn


HC 386 - Energy Network Costs: Transparent and Fair?

HC 386 - Energy Network Costs: Transparent and Fair?

Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2015

Total Pages: 40

ISBN-13: 0215081609

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Network costs (which cover the transmission and distribution of gas and electricity from power stations to households and industry) are a very significant component of household and industrial energy bills. Ofgem has created a new regulatory framework (RIIO) that was designed to ensure that costs were competitive and that profits weren't excessive, but there is clear evidence that network companies are making higher profits than expected. This suggests that the targets and incentives set by Ofgem are too low, barriers to market entry are high and that Ofgem needs to monitor RIIO more effectively and to equip RIIO with stronger, corrective measures. Ofgem has not yet created the conditions for the market to thrive and provide consumers with best value for money. In the short-term, market conditions can be improved if: (i) an interim independent audit of price controls is conducted; (ii) the 40-day notification period for price changes is increased to 15 months; and (iii) stronger, corrective measures are applied to companies that have received incentive payments for reducing leakages when such reductions have not taken place.


Book Synopsis HC 386 - Energy Network Costs: Transparent and Fair? by : Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Download or read book HC 386 - Energy Network Costs: Transparent and Fair? written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2015 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: Network costs (which cover the transmission and distribution of gas and electricity from power stations to households and industry) are a very significant component of household and industrial energy bills. Ofgem has created a new regulatory framework (RIIO) that was designed to ensure that costs were competitive and that profits weren't excessive, but there is clear evidence that network companies are making higher profits than expected. This suggests that the targets and incentives set by Ofgem are too low, barriers to market entry are high and that Ofgem needs to monitor RIIO more effectively and to equip RIIO with stronger, corrective measures. Ofgem has not yet created the conditions for the market to thrive and provide consumers with best value for money. In the short-term, market conditions can be improved if: (i) an interim independent audit of price controls is conducted; (ii) the 40-day notification period for price changes is increased to 15 months; and (iii) stronger, corrective measures are applied to companies that have received incentive payments for reducing leakages when such reductions have not taken place.


Consumer Engagement with Energy Markets

Consumer Engagement with Energy Markets

Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2012-12-20

Total Pages: 68

ISBN-13: 9780215052193

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Consumer engagement with the energy market is low. The lack of engagement is linked to low levels of competition and a high proportion of customers who are unlikely or unwilling to switch energy supplier. With little incentive for suppliers to offer consumers a better deal, some customers are getting worse deals than others, which reduces consumer trust. Ofgem hopes to increase both engagement and competition by simplifying tariffs and making it easier to switch. The Government has pledged to require providers to give customers the cheapest tariff. The Committee suggests that indicators should be established to measure the success of these proposed reforms. Also, greater transparency is needed in respect of energy company profits and prices, to restore consumer confidence and streamlining the various sources of information on energy issues would also promote consumer trust. The Government's plans lack detail on how consumer access to information about energy efficiency will be increased. By highlighting these issues, the Committee hopes to kickstart a national conversation about the cost to consumers of investing in the provision of secure, clean and affordable energy supplies for the future. For oral and written evidence, see Volume 2 (ISBN 9780215052186)


Book Synopsis Consumer Engagement with Energy Markets by : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Download or read book Consumer Engagement with Energy Markets written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2012-12-20 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consumer engagement with the energy market is low. The lack of engagement is linked to low levels of competition and a high proportion of customers who are unlikely or unwilling to switch energy supplier. With little incentive for suppliers to offer consumers a better deal, some customers are getting worse deals than others, which reduces consumer trust. Ofgem hopes to increase both engagement and competition by simplifying tariffs and making it easier to switch. The Government has pledged to require providers to give customers the cheapest tariff. The Committee suggests that indicators should be established to measure the success of these proposed reforms. Also, greater transparency is needed in respect of energy company profits and prices, to restore consumer confidence and streamlining the various sources of information on energy issues would also promote consumer trust. The Government's plans lack detail on how consumer access to information about energy efficiency will be increased. By highlighting these issues, the Committee hopes to kickstart a national conversation about the cost to consumers of investing in the provision of secure, clean and affordable energy supplies for the future. For oral and written evidence, see Volume 2 (ISBN 9780215052186)


House of Commons - Energy and Climate Change Committee: Local Energy - HC 180

House of Commons - Energy and Climate Change Committee: Local Energy - HC 180

Author: Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2013-08-06

Total Pages: 142

ISBN-13: 9780215061478

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Government provides support to households who install small-scale renewable energy systems through Feed-in Tariffs (FiT), while large scale projects like off-shore wind farms will soon be supported through new fixed-price Contracts for Difference (CfDs). Medium sized energy projects of between 10 - 50 Megawatts (MW) currently fall in the gap and do not receive support. Giving communities a stake in local energy projects has the potential to broaden public understanding of energy issues and could also enhance the security and efficiency of the energy system as a whole. This report identifies a number of barriers that can prevent local energy projects getting off the ground. Securing funding and Power Purchase Agreements, connecting to the grid and overcoming public opposition can all prove difficult. Obtaining planning permission can be costly and time-consuming, and the risk of losing tens of thousands of pounds if permission is not granted is a huge obstacle for community groups or small cooperatives. Some form of support mechanism is needed alongside a comprehensive package of measures addressing finance, planning, grid access and advice. The Green Investment Bank could provide seed funding and project development funding for feasibility studies, grid permits, etc to reduce some of the risk in getting projects through the planning process. Government needs to do more to encourage local authorities to identify suitable areas for renewable energy development and to develop clear guidance about what is expected from local energy projects. National level planning guidance should be provided on technical issues that hold up planning consent for wind turbines and other low-carbon technologies


Book Synopsis House of Commons - Energy and Climate Change Committee: Local Energy - HC 180 by : Great Britain: Parliament: House of Commons: Energy and Climate Change Committee

Download or read book House of Commons - Energy and Climate Change Committee: Local Energy - HC 180 written by Great Britain: Parliament: House of Commons: Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2013-08-06 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: Government provides support to households who install small-scale renewable energy systems through Feed-in Tariffs (FiT), while large scale projects like off-shore wind farms will soon be supported through new fixed-price Contracts for Difference (CfDs). Medium sized energy projects of between 10 - 50 Megawatts (MW) currently fall in the gap and do not receive support. Giving communities a stake in local energy projects has the potential to broaden public understanding of energy issues and could also enhance the security and efficiency of the energy system as a whole. This report identifies a number of barriers that can prevent local energy projects getting off the ground. Securing funding and Power Purchase Agreements, connecting to the grid and overcoming public opposition can all prove difficult. Obtaining planning permission can be costly and time-consuming, and the risk of losing tens of thousands of pounds if permission is not granted is a huge obstacle for community groups or small cooperatives. Some form of support mechanism is needed alongside a comprehensive package of measures addressing finance, planning, grid access and advice. The Green Investment Bank could provide seed funding and project development funding for feasibility studies, grid permits, etc to reduce some of the risk in getting projects through the planning process. Government needs to do more to encourage local authorities to identify suitable areas for renewable energy development and to develop clear guidance about what is expected from local energy projects. National level planning guidance should be provided on technical issues that hold up planning consent for wind turbines and other low-carbon technologies


HC 739 - Linking Emissions Trading Systems

HC 739 - Linking Emissions Trading Systems

Author: Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Publisher: The Stationery Office

Published: 2015-02-17

Total Pages: 48

ISBN-13: 0215081544

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Carbon pricing is a necessary element in spurring climate change mitigation action. In this report it's argued that emissions trading, as an established and well recognised policy instrument for controlling greenhouse gas emissions, is increasingly popular and spreading around the world. As they develop, emissions trading systems should be designed so that they are compatible with each other. Aligning design elements early on will help improve the prospects of linking different systems in future and, therefore, maximise opportunities for cost-effective emissions reductions. As the world's oldest and largest market, the EU Emission Trading System will play a critical role in facilitating linking between different markets. Before it can do this, however, it must be seen as a credible market. The issue of surplus allowances must be addressed urgently and there should be moves to remove these from the system as soon as possible. Any new climate agreement must crucially allow parties to meet their Intended Nationally Determined Contribution's (INDCs) by transferring parts of their contributions to other parties and financing emissions reduction activities in other countries. The use of carbon markets will greatly improve the prospects of keeping global average temperatures below 2êC. Any agreement reached at the UNFCCC COP 21 in Paris at the end of 2015 should promote the use of carbon markets and facilitate the future linking of emissions trading systems. The UNFCCC could also play a critical role in providing basic standards including monitoring, reporting and verification.


Book Synopsis HC 739 - Linking Emissions Trading Systems by : Great Britain. Parliament. House of Commons. Energy and Climate Change Committee

Download or read book HC 739 - Linking Emissions Trading Systems written by Great Britain. Parliament. House of Commons. Energy and Climate Change Committee and published by The Stationery Office. This book was released on 2015-02-17 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carbon pricing is a necessary element in spurring climate change mitigation action. In this report it's argued that emissions trading, as an established and well recognised policy instrument for controlling greenhouse gas emissions, is increasingly popular and spreading around the world. As they develop, emissions trading systems should be designed so that they are compatible with each other. Aligning design elements early on will help improve the prospects of linking different systems in future and, therefore, maximise opportunities for cost-effective emissions reductions. As the world's oldest and largest market, the EU Emission Trading System will play a critical role in facilitating linking between different markets. Before it can do this, however, it must be seen as a credible market. The issue of surplus allowances must be addressed urgently and there should be moves to remove these from the system as soon as possible. Any new climate agreement must crucially allow parties to meet their Intended Nationally Determined Contribution's (INDCs) by transferring parts of their contributions to other parties and financing emissions reduction activities in other countries. The use of carbon markets will greatly improve the prospects of keeping global average temperatures below 2êC. Any agreement reached at the UNFCCC COP 21 in Paris at the end of 2015 should promote the use of carbon markets and facilitate the future linking of emissions trading systems. The UNFCCC could also play a critical role in providing basic standards including monitoring, reporting and verification.


Marine Renewable Energy Technology and Environmental Interactions

Marine Renewable Energy Technology and Environmental Interactions

Author: Mark A. Shields

Publisher: Springer Science & Business Media

Published: 2014-02-12

Total Pages: 176

ISBN-13: 9401780021

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It is now widely recognized that there is a need for long-term secure and suitable sustainable forms of energy. Renewable energy from the marine environment, in particular renewable energy from tidal currents, wave and wind, can help achieve a sustainable energy future. Our understanding of environmental impacts and suitable mitigation methods associated with extracting renewable energy from the marine environment is improving all the time and it is essential that we be able to distinguish between natural and anthropocentric drivers and impacts. An overview of current understanding of the environmental implications of marine renewable energy technology is provided.


Book Synopsis Marine Renewable Energy Technology and Environmental Interactions by : Mark A. Shields

Download or read book Marine Renewable Energy Technology and Environmental Interactions written by Mark A. Shields and published by Springer Science & Business Media. This book was released on 2014-02-12 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: It is now widely recognized that there is a need for long-term secure and suitable sustainable forms of energy. Renewable energy from the marine environment, in particular renewable energy from tidal currents, wave and wind, can help achieve a sustainable energy future. Our understanding of environmental impacts and suitable mitigation methods associated with extracting renewable energy from the marine environment is improving all the time and it is essential that we be able to distinguish between natural and anthropocentric drivers and impacts. An overview of current understanding of the environmental implications of marine renewable energy technology is provided.