The document outlines a strategy to develop a low carbon economy in South Hampshire through a joint initiative between the Solent Local Enterprise Partnership, Partnership for Urban South Hampshire, and Hampshire Chambers of Commerce. It discusses the reasons for pursuing a low carbon economy, including rising energy costs, dependence on unstable foreign energy sources, and economic growth opportunities in the green technology sector. The strategy has three priorities: developing new low carbon and green technologies exploiting local strengths; improving resource efficiency in homes and businesses; and increasing secure, renewable and low carbon energy generation in the Solent region. It will be delivered through collaboration between businesses, universities, and local authorities, and will require securing funding from various national, European, and local sources.

1. Creating a Solent Low Carbon
Economy
Using a low carbon, green
economy to generate growth and
prosperity
Bill Clark
Solent Low Carbon Economy Development
manager (Solent LEP and PUSH)

2. Introduction
• Developing a low carbon economy for
South Hampshire is a joint initiative of:
• The Solent Local Enterprise Partnership
(LEP)
• Partnership for Urban South Hampshire
(PUSH)
• Hampshire Chambers of Commerce

3. A low carbon economy?
• Why do this?
• What is our long term objective?
• How will we deliver it?
• Where will the resources come from?

4. Why? - Energy
• In 2004/05, - UK became net
importer of oil and gas.
• China’s energy demand will
increase 75% between 2008 and
2035, when it will account for
22% of world demand.
• Resulting in rising energy costs
for UK households and
businesses
• Oil and gas are found in politically
unstable and unpredictable
regions (e.g. Middle East)
• 96% of Solent energy sourced
from outside of the area
Sources: International Energy Agency, Chief Scientific Advisor, DECC; Centre for Climate Change

5. The European Solar Market
Solar Thermal UK Solar Photovoltaic
UK
Source: Energy Savings Trust

6. Why? – Green Economy Growth
•£122 billion • One-third
•£3.3 trillion • £5 billion
•8% • 55,000
•5% per annum • 940,000
•£20 billion
Sources: CBI; DECC

7. Why? – Local Strengths
•World Class institutions – ground breaking
R&D
•Strong complimentary sectors –
Engineering, Marine, IT, Defence
•Natural resources – wind, tidal, wave,
biomass
•Exemplars – geothermal energy

8. Marine energy
• Double rotor tidal array - visualisation
Source: RenewableUK

9. Summary
• Carbon pricing, regulatory penalties, reduced
competitive advantage
Risks and • New markets for innovative companies such as
Opportunities smart technology, bio-based materials
• Local strengths and potential
• Cities & regions that move early can
Winners encourage green economic growth, inward
investment and jobs through smart
technologies and new markets
Losers • Laggards could face out-dated infrastructure,
potential regulatory and carbon-price burdens
and stagnant growth

10. The Strategy
Reshaping the economy so the green economy is a
stimulus of economic growth not an inhibitor of growth with
double benefits of lower carbon and more jobs.
Priority 1 – New Low Carbon & Green Technology
Priority 2 – Resource Efficiency in homes & businesses
Priority 3 – Generation of Secure, Renewable & Low
Carbon Energy in the Solent
“Good green policy has to be good industrial policy too. In
everything we do, we have to look at how we maximise
economic growth”
– John Cridland, CBI Director-General, July 2012

11. Priority 1 – New Low Carbon & Green
Technology
• Exploiting research into renewable energy
locally – tidal power
• Cleaning technologies that significantly
reduce water use.

12. Priority 2 – Resource Efficiency in
homes & businesses
• Upgrading existing workforce skills
through low carbon skills training
• Peer supported Solent business energy
efficiency network and accreditation
scheme

13. Priority 3 – Generation of Secure,
Renewable & Low Carbon Energy in the
Solent
• Solent ‘Smart’ grid development- IT
management of local energy
generation/demand
• Solent Low Carbon Zones Development-
encouragement and incentivisation of low
carbon developments.

14. How will it be delivered?
• Programme Board-business led
– Geographically representative
– Businesses, Universities, Local Authorities
– Facilitating collaboration rather than ‘doing’
• Prioritised Projects and Actions
• Secure Resources to deliver
• Manage Performance of the Programme

15. Resources - sources
• Government
- Regional Growth Fund
- City Deal
- Green Deal, FITS, RHI, and CERT
• European Union – Interreg, ELENA, EEEF,FP7, IEE,
Jessica, Urbact
• Funding Mechanisms
- Solent Green Fund
- Solent Investment Bank
- Business rate retention
- Bond financing

16. Resourcing-requirements
• Match funding/resourcing is always
required for National/EU funding pots
• Pooling of skills and expertise
• Commitment and support for taking
projects forward to completion
• Engagement with the LEP board.

17. Thank you
For more information contact me on:-
Bill.clark@eastleigh.gov.uk