Energy policy-making in a time of rapidly changing technologies and social preferences
From: Catherine Mitchell
Presentation to: ESRC-DECC seminar on the transition to renewables, DECC – 17th May 2016
Outline:
- The energy world is undergoing rapid change:
- Energy technologies (supply, demand and operation) are decentralising
- New means, and requirements, of system operation and integration are occurring
- Global investment patterns are moving to RE from FF
- Social preferences and ownership
- Public policy momentum around the world to ‘clean’ away from ‘dirty’
- There are considerable energy system challenges which are difficult to meet with current governance system BUT opportunities to capture as well
- There has been lots of change in some countries but needs to spread those changes to more countries, and at a quicker rate
- GB has a governance system which is not fit for purpose and has to be altered to provide value for the ‘new’ ways of doing things
- If the governance changes (institutions and the sources of value within the system) then economics and costs of transformation change and opportunities are opened up – the NY REV argument
Download the presentation: Mitchell – DECC Energy Policy Making – May 2016
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