The Government's Long-Term Plans to Deliver Secure, Low Carbon and Affordable Electricity

The Government's Long-Term Plans to Deliver Secure, Low Carbon and Affordable Electricity PDF Author: Great Britain. National Audit Office
Publisher: The Stationery Office
ISBN: 9780102977165
Category : Business & Economics
Languages : en
Pages : 48

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Book Description
This National Audit Office report has set out the long-term challenges and uncertainties involved in supplying secure, low carbon and affordable electricity. The report describes how the Department of Energy and Climate Change is seeking to address these, through existing measures and reforms to the electricity market. Existing generating capacity is some 90 gigawatts. The Department has estimated that, to maintain secure electricity supplies and avoid the risk of power cuts, around 30 gigawatts of new generating capacity will have to be built in Great Britain by 2020. This is needed to meet future increases in demand (up to 60 per cent by 2050 in some scenarios); provide back-up capacity; and because of the scheduled closure of some 19 gigawatts (21 per cent) of existing capacity over the next decade. Eight of Britain's nine nuclear power stations are scheduled to close over that period; and 12 gigawatts of fossil fuel-fired power stations will also have to close by the end of 2015. By 2020, a total of 92 gigawatts of generating capacity will be required in Britain. The Department must also meet the statutory target to reduce UK greenhouse gas emissions by 2050 by at least 80 per cent from 1990 levels, so electricity generation needs to be largely ’decarbonised' during the 2030s. The Department estimates that £110 billion of investment is needed by 2020 to build low carbon generation and network infrastructure and expects that its proposed reforms to the electricity market will help to secure that investment. However, there are many uncertainties, including the impact of energy efficiency measures on future demand for electricity. The cost of the huge investment needed to secure electricity supplies and reduce greenhouse gas emissions will ultimately be passed on to consumers and business. The new market mechanisms proposed in the draft Energy Bill are designed to help address the challenges.

The Government's Long-Term Plans to Deliver Secure, Low Carbon and Affordable Electricity

The Government's Long-Term Plans to Deliver Secure, Low Carbon and Affordable Electricity PDF Author: Great Britain. National Audit Office
Publisher: The Stationery Office
ISBN: 9780102977165
Category : Business & Economics
Languages : en
Pages : 48

Get Book Here

Book Description
This National Audit Office report has set out the long-term challenges and uncertainties involved in supplying secure, low carbon and affordable electricity. The report describes how the Department of Energy and Climate Change is seeking to address these, through existing measures and reforms to the electricity market. Existing generating capacity is some 90 gigawatts. The Department has estimated that, to maintain secure electricity supplies and avoid the risk of power cuts, around 30 gigawatts of new generating capacity will have to be built in Great Britain by 2020. This is needed to meet future increases in demand (up to 60 per cent by 2050 in some scenarios); provide back-up capacity; and because of the scheduled closure of some 19 gigawatts (21 per cent) of existing capacity over the next decade. Eight of Britain's nine nuclear power stations are scheduled to close over that period; and 12 gigawatts of fossil fuel-fired power stations will also have to close by the end of 2015. By 2020, a total of 92 gigawatts of generating capacity will be required in Britain. The Department must also meet the statutory target to reduce UK greenhouse gas emissions by 2050 by at least 80 per cent from 1990 levels, so electricity generation needs to be largely ’decarbonised' during the 2030s. The Department estimates that £110 billion of investment is needed by 2020 to build low carbon generation and network infrastructure and expects that its proposed reforms to the electricity market will help to secure that investment. However, there are many uncertainties, including the impact of energy efficiency measures on future demand for electricity. The cost of the huge investment needed to secure electricity supplies and reduce greenhouse gas emissions will ultimately be passed on to consumers and business. The new market mechanisms proposed in the draft Energy Bill are designed to help address the challenges.

Energy Security Strategy

Energy Security Strategy PDF Author: Great Britain: Department of Energy and Climate Change
Publisher: The Stationery Office
ISBN: 9780101846622
Category : Political Science
Languages : en
Pages : 78

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Book Description
Dated November 2012

The Geopolitics of the Global Energy Transition

The Geopolitics of the Global Energy Transition PDF Author: Manfred Hafner
Publisher: Springer Nature
ISBN: 3030390667
Category : Political Science
Languages : en
Pages : 398

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Book Description
The world is currently undergoing an historic energy transition, driven by increasingly stringent decarbonisation policies and rapid advances in low-carbon technologies. The large-scale shift to low-carbon energy is disrupting the global energy system, impacting whole economies, and changing the political dynamics within and between countries. This open access book, written by leading energy scholars, examines the economic and geopolitical implications of the global energy transition, from both regional and thematic perspectives. The first part of the book addresses the geopolitical implications in the world’s main energy-producing and energy-consuming regions, while the second presents in-depth case studies on selected issues, ranging from the geopolitics of renewable energy, to the mineral foundations of the global energy transformation, to governance issues in connection with the changing global energy order. Given its scope, the book will appeal to researchers in energy, climate change and international relations, as well as to professionals working in the energy industry.

East Midlands Regional Plan

East Midlands Regional Plan PDF Author: Great Britain. Government Office for the East Midlands
Publisher: The Stationery Office
ISBN: 9780117540026
Category : Architecture
Languages : en
Pages : 202

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Book Description
The East Midlands regional plan comprises the regional spatial strategy (RSS) for the period up to 2026. It provides a broad development strategy, identifies the scale and distribution of provision for new housing and priorities for the envrionment, transport, infrastructure, economic development, agriculture, energy, minsreals. waste treatment and disposal. The strategy also provides the longer term planning framework for the Regional Economic Strategy (RES) prepared by the East Midlands Development Agency. The regional plan is divided into four sections: core strategy; spatial strategy; topic based priorities; sub-regional strategies. This document replaces the Regional spatial strategy for the East Midlands (RSS8) (2005, ISBN 9780117539419) except for paragraphs 1-70 of section 6 comprising Part A of the Milton Keynes and South Midlands Sub-Regional Strategy, which remains extant. It also replaces all policies in adopted structure plans except for the Northamptronshire Structure Plan policy SDA1 which remains extant.

Energy Markets Outlook Report

Energy Markets Outlook Report PDF Author: Great Britain. Department of Energy and Climate Change
Publisher: The Stationery Office
ISBN: 9780102958256
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
This report presented by the Department of Energy and Climate Change on (Energy Markets Outlook, HCP 81, session 2008-09, ISBN 9780102958256), sets out the nature and potential available to the UK energy market, in meeting three long-term challenges: (i) ensuring affordable, secure and sustainable energy; (ii) bringing about the transition to a low-carbon Britain; (iii) achieving an international agreement at Copenhagen in December 2009. This is the second Energy Markets Outlook report, (the first report was published on the web (http://www.berr.gov.uk/files/file41995.pdf)), and seeks to facilitate and inform debate and decision making by market participants and other energy market stakeholders with a factual background to the development of the Government's approach to the above challenges. This publication also complements the original White Paper on the subject of energy, (Meeting the Energy Challenge, Cm. 7124, ISBN 9780101712422). The publication comprises 10 chapters, and looks at the following areas, including: the security of supply in a competitive energy market; electricity, gas, coal, oil, nuclear fuel, renewable energy and carbon.

Planning our electric future

Planning our electric future PDF Author: Great Britain: Department of Energy and Climate Change
Publisher: The Stationery Office
ISBN: 9780101809924
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
This white paper sets the Government's proposals for reform of the UK's electricity system to ensure that the UK electricity supply is secure, low-carbon and affordable. This is especially crucial as we face a number of unprecedented challenges in the coming decades including the threat to security of supply as existing plant closes; the necessity to decarbonise electricity generation; the likelihood for a rise in electricity demand and electricity prices are also expected to rise. Broadly the strategy's approach consists of four parts: long term contracts for both low-carbon energy and capacity; institutional arrangements to support this contracting approach; continued grandfathering, supporting the principle of no retrospective change to low-carbon policy incentives, within a clear and rational planning cycle; and ensuring a liquid market that allows existing energy companies and new entrants to compete on fair terms

Overarching national policy statement for energy (EN-1)

Overarching national policy statement for energy (EN-1) PDF Author: Great Britain: Department of Energy and Climate Change
Publisher: The Stationery Office
ISBN: 9780108510779
Category : Business & Economics
Languages : en
Pages : 124

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Book Description
This national policy statement (NPS) sets out national policy for the energy infrastructure. A further five technology-specific NPSs for the energy sector cover: fossil fuel electricity generation (EN-2) (ISBN 9780108510786); renewable electricity generation (both onshore and offshore) (EN-3) (ISBN 9780108510793); gas supply infrastructure and gas and oil pipelines (EN-4) (ISBN 9780108510809); the electricity transmission and distribution network (EN-5) (ISBN 9780108510816); and nuclear power generation (EN-6) (ISBN 9780108510823). An Impact assessment is also available (ISBN 9780108510830). The NPSs have effect on the decisions by the Infrastructure Planning Commission on application for energy developments. This statement outlines the Government's objectives for the power sector in order to meet its energy and climate change strategy. It sets out the need for new energy infrastructure and the assessment principles and generic impacts.

Mission Zero

Mission Zero PDF Author: Chris Skidmore
Publisher: Biteback Publishing
ISBN: 1785908480
Category : Political Science
Languages : en
Pages : 437

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Book Description
Mission Zero is a landmark independent report into the delivery of the UK's commitment to net zero carbon dioxide emissions by 2050. Chaired by Chris Skidmore, the UK's former Energy Minister who was responsible for signing net zero into law, its conclusions set out, for the very first time, a new economic narrative for climate policy, demonstrating the vast financial opportunity that net zero can deliver. This timely and crucial report acts as a template for how all countries can map out future challenges and opportunities and, above all, deliver their own pathway to net zero while also creating new jobs, industries and investment for the future. Commissioned by the UK's Prime Minister in September 2022, Mission Zero is the largest engagement exercise on net zero conducted to date and has been widely recognised as the most informative and detailed document on the topic, covering every sector and aspect of society. This important book is a vital piece of work and an indispensable must-read for anyone interested in energy, climate and sustainability policy.

Budget 2013

Budget 2013 PDF Author: Great Britain. Treasury
Publisher: The Stationery Office
ISBN: 9780102982275
Category : Business & Economics
Languages : en
Pages : 118

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Book Description
Budget 2013 announces further detail on the Government's deficit reduction plans, new steps to ensure monetary policy continues to support the economy (including a new remit for the Monetary Policy Committee), and further measures to ease the long-term pressure on the public finances. Central government departmental expenditure limits will be reduced by £1.1 billion in 2013-14 and £1.2 billion in 2014-15, with the funds used to support housing. Schools and health budgets remain unchanged. Public sector pay awards will be limited to an average of 1 per cent. Budget 2013 is fiscally neutral. Action to promote growth includes: a reduction in corporation tax by 1 per cent in April 2015; from April 2014 giving businesses and charities an entitlement to a £2000 employment allowance per year towards their employer National Insurance contributions, designed particularly to help small businesses; capital spending increase by £3 billion a year; providing £1.6 funding to support strategies in 11 key sectors; creation of a Single Local Growth Fund; introduce a new housing scheme, Help to Buy comprising an extension of the First Buy scheme and mortgage guarantee for lenders who offer mortgages to people with a deposit of between 5 and 20 per cent on homes with a value up to £600,000; reducing the qualifying period for Right to Buy; doubling the existing affordable homes guarantee programme, to support a further 15,000 affordable homes in England by 2015. Other measures include: first £10,000 of income to be tax free in 2014-15; cancellation of planned fuel duty increases; a new tax-free Childcare Scheme and increased child support in Universal Credit; implement the £72,000 cap on reasonable social care costs; reduce beer duty by 2 per cent; crackdown on tax avoidance, with the Isle of Man, Guernsey and Jersey entering into tax information exchange agreements.

Politics, Markets and EU Gas Supply Security

Politics, Markets and EU Gas Supply Security PDF Author: Sandu-Daniel Kopp
Publisher: Springer
ISBN: 3658083247
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
Sandu-Daniel Kopp investigates whether carbon reduction targets are compatible with market-driven competition in gas (and power) industries, and whether security of supply is compatible with competitive markets. He examines the policy trade-offs which need to be made between the three different elements, and whether these policy judgements should be economically or politically based. The analysis shows the need for a complex set of politically determined options to protect (competitive) markets from price risks and emergency events and demonstrates that this has thus far failed the policy test. Overall, the author argues that the three major elements of EU energy policy are incompatible in important respects and thereby challenges much of the conventional wisdom of EU and Member State policies of the past decade.