UK Renewable Energy Presentation 2006

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Presentation I delivered in the UK in 2006 on the UK\'s Climate Change & Renewable Energy policy.

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  • UK Renewable Energy Presentation 2006

    1. 1. Renewable Energy Name: Dermot Duncan Position: Australian Qualified Lawyer Date: 3 May 2006
    2. 2. Climate Change <ul><li>The Earth is Warming </li></ul><ul><li>Greenhouse Gases </li></ul><ul><ul><li>Carbon Dioxide </li></ul></ul><ul><ul><li>Methane </li></ul></ul><ul><ul><li>Nitrous Oxide </li></ul></ul><ul><ul><li>Ozone </li></ul></ul><ul><ul><li>Water Vapour </li></ul></ul><ul><ul><li>Halocarbons </li></ul></ul>
    3. 3. Climate Change cont. <ul><li>Global Warming </li></ul><ul><ul><li>Estimated that temperature rise by 5.8C higher by the end of the Century; </li></ul></ul><ul><ul><li>Sea levels rise by 4 feet by end of the Century. </li></ul></ul><ul><ul><li>10 warmest years globally since instrument records began in 1861 have been since 1994. 1998 and 2005 were the warmest years. </li></ul></ul><ul><li>Reduce Greenhouse Gases </li></ul><ul><li>Too late to prevent Global Warming </li></ul>
    4. 4. What is Renewable Energy? <ul><li>Energy Flows that occur naturally and continuously in the Environment, such as energy from Wind, Sun, Waves and Tides. </li></ul><ul><li>Renewable Energy is Inexhaustible. </li></ul><ul><li>It is estimated that we will run out of Fossil Fuels within 200 years. </li></ul>
    5. 5. What are the different Renewable Technologies? <ul><li>Wind </li></ul><ul><ul><li>On/Off Shore </li></ul></ul><ul><li>Solar </li></ul><ul><ul><li>Passive Solar Design </li></ul></ul><ul><ul><li>Active Solar Water Heating </li></ul></ul><ul><ul><li>Solar Photovoltaic </li></ul></ul><ul><li>Biomass </li></ul><ul><ul><li>Dependent Resources </li></ul></ul><ul><ul><li>Dedicated Energy Crops </li></ul></ul><ul><ul><li>Multi-Function Crops </li></ul></ul>
    6. 6. What are the different Renewable Technologies? <ul><ul><li>Woody Biomass </li></ul></ul><ul><ul><ul><li>Forest Products, Waste Wood and Straw </li></ul></ul></ul><ul><ul><li>Biogas </li></ul></ul><ul><ul><li>Landfill Gas </li></ul></ul><ul><ul><ul><li>Landfilled Waste </li></ul></ul></ul><ul><ul><li>Coal Mine Methane </li></ul></ul><ul><ul><li>Anaerobic Digestion (without air) </li></ul></ul>
    7. 7. Renewable Technologies cont. <ul><li>Wave </li></ul><ul><ul><li>Oscillating Water Column </li></ul></ul><ul><ul><li>Buoyant Moored Device </li></ul></ul><ul><ul><li>Hinged Contour Device </li></ul></ul><ul><li>Tidal </li></ul><ul><li>Hydrogen </li></ul><ul><ul><li>Fuel Cells </li></ul></ul><ul><li>Hydroelectric </li></ul>
    8. 8. Renewable Energy Policy <ul><li>The 1997 Kyoto Protocol </li></ul><ul><ul><li>To reduce emissions of greenhouse gases by 12.5% below 1990 levels by 2008-12. </li></ul></ul><ul><li>Non-Fossil Fuel Obligation (NFFO). </li></ul><ul><li>Energy White Paper, ‘Our Energy Future – creating a low carbon economy’ (Feb 2003) (more challenging domestic targets) </li></ul><ul><ul><li>60% reduction in CO2 Emissions by 2050 </li></ul></ul><ul><ul><li>20% reduction in CO2 Emissions of 1990 levels in 2010 (now re-assessed as 15-18%) </li></ul></ul><ul><ul><li>10% of Electricity Generation from Renewables by 2010 </li></ul></ul><ul><ul><li>20% of Electricity Generation from Renewables by 2020 </li></ul></ul>
    9. 9. Renewable Energy Policy cont. <ul><ul><li>Eliminate Fuel Poverty by 2016-18 </li></ul></ul><ul><ul><li>Decline in Indigenous UK Energy Supplies </li></ul></ul><ul><ul><li>Low Carbon Economy </li></ul></ul><ul><ul><li>Less Pollution </li></ul></ul><ul><li>Climate Change - The UK Programme 2006 </li></ul><ul><li>Higher Living Standards </li></ul><ul><li>Technical Expertise </li></ul><ul><li>New Businesses/Jobs </li></ul>
    10. 10. Renewable Energy Policy Cont. <ul><li>Energy Act 2004 </li></ul><ul><li>NETA </li></ul><ul><li>Utilities Act </li></ul>
    11. 11. Renewable Energy Policy Cont. <ul><li>Renewable Obligation </li></ul><ul><ul><li>Each Megawatt Hour of Renewable Electricity generated = Renewable Obligation Certificate (ROC) by Ofgem who administers the scheme </li></ul></ul><ul><ul><li>Suppliers can meet their obligation by either acquiring ROCs or by paying a buy-out price set at £32.33 megawatt hour in 2004/05 </li></ul></ul><ul><li>Climate Change Levy. </li></ul><ul><li>EU Emissions Trading Scheme. </li></ul><ul><li>Building Regulations and the Energy Performance of Buildings Directive (EPBD) </li></ul>
    12. 12. Renewable Energy Policy Cont. <ul><li>Compulsory Metering </li></ul><ul><li>Carbon Trust </li></ul><ul><li>International Energy Strategy </li></ul><ul><li>Climate Change Projects Office </li></ul>
    13. 13. Financing Renewable Energy Projects <ul><li>Technology Risk </li></ul><ul><ul><li>Off Shore (wind, tidal, wave) </li></ul></ul><ul><ul><li>Pyrolysis/Gasification </li></ul></ul><ul><ul><li>Photovotaics (Solar Chimney) </li></ul></ul><ul><ul><li>Wave </li></ul></ul><ul><ul><li>Tidal </li></ul></ul><ul><li>Renewable Obligations Certificates (ROCs) </li></ul><ul><li>Planning Risk </li></ul><ul><li>Climate Change Levy (CCL) </li></ul>
    14. 14. Financing Renewable Energy Projects <ul><li>Off-Shore Renewables (wind, tidal, wave) – Connection to the Grid </li></ul><ul><li>Catastrophic Bonds (Cat Bonds) </li></ul><ul><li>LATS </li></ul>

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