Introduction CRIF_Senior Officer Event 12th October
1. Cambridgeshire Renewables Infrastructure
Framework
This project is being developed as part of the Climate Change Skills Fund. The fund is
managed by Sustainability East on behalf of Improvement East
2. Agenda
1. Welcome and Introductions by Nigel Howlett,
CHS Group
2. Cambridgeshire’s Energy Challenges - Sheryl
French, Cambridgeshire Horizons
3. Presentation by Duncan Price, Camco
4. Q & A - Nigel Howlett
5. Workshop - Camco
6. Next Steps - Sheryl French
3. The Key Driver for Change
• The Climate Change Act 2008 legally binds
the UK to deliver its commitment of 80%
reduction of CO2 emissions by 2050
• The Coalition Government has committed to
deliver the 4th carbon budget which covers
the period spanning 2023 to 2027 and
commits the UK to cut its emissions by 50%
on 1990 levels, on course for emissions cuts
of 80% by 2050.
“By making this commitment, we will position
the UK as the leading player in the global low-
carbon economy, creating significant new
industries and jobs,” said the Prime Minister.
Huhne added that the announcement will give
investors the certainty they need to invest in
clean energy”.
4. The Policy Framework
Carbon Emissions Targets for 2050
Zero Carbon Policy for New Homes
Electricity Market Reform
Presumption in Favour of Sustainable
Development
Affordable Warmth
The Green Deal
Carbon Budgets
Feed-in Tariffs
The Green Investment Bank
Energy Bill
Strategy to Promote Microgeneration
5. The UK Energy Trilemma
Affordable Energy
£200 billion energy
investment required in Britain Global competition for energy
over the next decade
(Ofgem, 2009) Reducing supply of fossil
fuels
Securing alternative
energy supplies
UK
Energy Security Low carbon energy
Global demand for energy Climate Change Act 2008,
forecast to increase by 45% reduce CO2 emissions by
between 2006 and 2030, (IAE 2008) 80%
by 2050 from 1990 levels
8. What does this mean for
Cambridgeshire?
• We need to find a way of dealing with rising fuel prices.
• We need to find a way of responding to targets – and the policy
framework it offers. If we don’t we’ll find investment and
opportunities go elsewhere.
• We need to know what options are on the table
- how much energy will we need to generate,
- how much will we have to rely on energy efficiency and
- what investment, skills and resources do we have to tackle these
problems
• CRIF is Cambridgeshire’s attempt to deal with this in an honest,
sensible and transparent way.
9. The CRIF Project
• Given that doing nothing is not an option, the
project is looking at our current and future
energy requirements and asking the following:
• What options are available to us?
• What choices make sense for us in
Cambridgeshire?
10. CRIF Aim & Objectives
• To be proactive about addressing the known energy
issues facing us in Cambridgeshire
• Identify opportunities for renewables investment by
communities, private sector and use of public sector
assets
• Make best use of the growth agenda to support
renewables and investment in existing housing stock
• Creating and supporting green jobs
• Involving stakeholders in developing the CRIF
12. Scope of Work
• Steps 2+3: Three pathways for community, commercial
and public sector investment
• Identifying a supporting policy framework
• Developing a coordinating plan for investment
• Identifying how the community can benefit
13. What will the CRIF give us?
• An evidence base on which informed decisions
can be taken
• A menu of technology options from which
Cambridgeshire will need to choose how to
move forward
• A view from stakeholders on how they can invest
and deliver in Cambridgeshire to support the low
carbon economy
14. Public Sector - Opportunities
Zero Carbon policy could potentially increase the role of local authorities in delivering low carbon growth.
15. Public Sector - Opportunities
The zero carbon policy introduced the concept of allowable
solutions – this creates the role for community energy
funds
16. Community energy fund is a means of channelling developer
investment in carbon reduction into the local area
Allowable Solutions investment raised in Cambridgeshire
Developer CO2 reduction
Cumulative investment (£ million)
70
obligation
60
50
Payment to Fund 40
On-site CO2 reduction % of target met by payment
30
% of target met through on- into an Energy Fund 20
site measures 10
0
2009
2011
2013
2015
2017
2019
2021
2023
2025
The Community Energy Fund
Developer Fund invests in local
Fund invests in local
investments are
COlow carbon projects
2 reduction
pooled in the Fund
Potential revenue
into the Fund
17. Public Sector - Opportunities
• An asset base of £3 billion
• Prudential borrowing to invest in new schemes
and bring financial returns to support services
• Investing and keeping financial benefits local
• Policy certainty?
• Creating local jobs