Renewable Energy:

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(No Transcript)
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Renewable Energy DTIs Role John
Thorpe Renewable Energy Industry
Development Eastern Region Renewable Energy
Conference, 5 June 2003
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Background

• The 4 pillars of UK Energy Policy
• Cut emissions
• Maintain reliability of supplies
• Competitive markets
• Ending fuel poverty

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Carbon Savings

• 2050 target of 60 reduction
• By 2020, cuts 15-25 MtC of which
• MtC
• Energy efficiency 8-12
• Renewables 3- 5
• Transport 2- 4
• EU carbon trading 2- 4

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Energy efficiency

• Best way to meet our objectives is to use less
• Helps all our 4 policy objectives
• Since 1970, GDP doubled, energy use up by 15
• But we still use more than we need

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Renewables Targets

• 2010 10 of electricity generated from
  renewable sources
• Doubled by 2020
• National targets backed up by regional targets

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Where we are now

• Renewables contribution 3
• Renewables eligible for the obligation 1.8
• Target is ambitious
• Requires step change in level of activity

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How do we get there

• Address the barriers
• Hearts and minds
• Practical steps
• Renewables Obligations
• Capital Grants
• R D

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Renewables Obligation

• Introduced 2002
• Progressively higher levels of renewables
• Long term support 25 years
• Review in 2005/06
• By 2010, save 2.5 MtC

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Renewables Funding

• Current spending review 250m
• 2002 Spending Review additional 38m
• Announced in EWP additional 60m
• TOTAL 348m

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Hearts and Minds

• To increase Renewables we need
• engage communities
• improve planning procedures
• strategic partnerships at regional level
• involvement of all

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The greatest journey starts with a single step