Laura Sandys at Energy Systems Catapult says policy makers today are too focussed on rewarding clean energy generation, in other words supplying as much energy as possible. With that comes a focus on reducing the cost of the energy generated. But how about reducing demand? Demand optimisation should be equally rewarded: efficiency, non-generation demand management (even at the household level: think EVs and heat pumps), and any assets that minimises whole system costs and emissions. Sandys describes modelling that has developed new metrics that cost our whole energy system as it gets more complex and interdependent. The guiding principle should be “the cost per additional MW added to the system”. By establishing these metrics, better decisions can be made. The standard LCOE (levelised cost of electricity) used for generation assets is not able to reflect the overall cost and value to the system. The new metrics will enable a new market where optimised demand and optimised supply compete with one another. Sandys ends with three recommendations on how to make that change, and invites others to take this modelling further. It will open the door to new services, new value streams and lower costs appropriate to our new energy world.
Energy Post 23rd July 2021 read more »
National Residential Landlords Association claims private rental sector is most fuel poor segment of housing market, yet lacks financial support from government. Landlords have called on the government to launch a dedicated energy efficiency support scheme for the private rental sector, warning the sector has received just a small fraction of public green home retrofit support to date, despite being the most fuel poor segment of the housing market. Analysis carried out by the National Residential Landlords Association (NRLA) this morning reveals that 62 per cent of private rented homes have an energy efficiency rating of D or worse, and that more than a third of all fuel poor households in England are private renters.
Business Green 26th July 2021 read more »