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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)
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
A low carbon economy?

•   Why do this?
•   What is our long term objective?
•   How will we deliver it?
•   Where will the resources come from?
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
The European Solar Market
Solar Thermal                           UK   Solar Photovoltaic




                                                             UK




         Source: Energy Savings Trust
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
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
Marine energy

• Double rotor tidal array - visualisation




       Source: RenewableUK
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
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
Priority 1 – New Low Carbon & Green
Technology

• Exploiting research into renewable energy
  locally – tidal power
• Cleaning technologies that significantly
  reduce water use.
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
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.
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
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
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.
Thank you



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

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A Solent Low Carbon Economy

  • 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

Notas del editor

  1. 2007/8 figures UK 11th in Europe with 2% of the market