British energy policy (and its institutions) is way too complacent about the health of the GB energy industry, and its future. IGov argues for greater linkage between the CCC – which sets out in broad terms the GHG emission reduction needed by a certain time – and energy policy and the energy industry. It seems to us that there is a major mitigation-size gap in the current institutional framework – no one institution actually seems to take responsibility for energy practice change that will meet the challenges of climate change. Yes, GB has a climate change policy – but policies are cheap. GB needs a framework which leads to practice change capable of meeting GB goals, and it needs an institutional process to ensure that. GB has a number of challenges that its energy system has to meet: it has to deliver a more or less 100% renewable electricity system by 2030 in order to be on track for an overall GHG emission reduction of 80% by 2050; it has to ensure its energy infrastructure enables more variable renewables and ‘smarter’ customer interactions; it has to attract investment for the low carbon resources which have to become the basis of our energy system; and it has to do this as cheaply as possible.
IGov 31st May 2016 read more »