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
Cambridgeshire Renewables Infrastructure
Framework
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
The Key Driver for Change
• The Climate Change Act 2008 legally bindsthe 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”.
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 BudgetsFeed-in Tariffs
The Green Investment Bank
Energy Bill
Strategy to Promote Microgeneration
The UK Energy Trilemma
Energy Security
Affordable Energy
Low carbon energy
£200 billion energy
investment required in Britain
over the next decade
(Ofgem, 2009)
Global competition for energy
Reducing supply of fossil
fuels
Global demand for energy
forecast to increase by 45%
between 2006 and 2030, (IAE 2008)
Climate Change Act 2008,
reduce CO2 emissions by
80%
by 2050 from 1990 levels
Securing alternative
energy suppliesUK
Global – Energy Demand
Page 7
The energy challenge Source: E.ON
ELECTRICITY
SUPPLY
GAP
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.
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?
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
Scope of Work
• Step 1: Identify a baseline of energy use
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
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
Public Sector - Opportunities
Zero Carbon policy could potentially increase the role of local authorities in delivering low carbon growth.
Public Sector - Opportunities
The zero carbon policy introduced the concept of allowable solutions – this creates the role for community energy funds
Community energy fund is a means of channelling developer
investment in carbon reduction into the local area
Developer CO2 reduction
obligation
Developer CO2 reduction
obligation
On-site CO2 reduction
% of target met through on-
site measures
Payment to Fund
% of target met by payment
into an Energy Fund
Fund invests in local
CO2 reduction projects
The Community Energy Fund
Developer
investments are
pooled in the Fund
Fund invests in local
low carbon projects
Potential revenue
into the Fund
0
10
20
30
40
50
60
70
20
09
20
11
20
13
20
15
20
17
20
19
20
21
20
23
20
25C
um
ula
tiv
e i
nv
est
me
nt
(£
mil
lio
n)
Allowable Solutions investment raised in Cambridgeshire
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
Who is involved?
