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The Low Carbon Economy Ltd

13 Jul 2011 11:07:06

Chris Huhne lays out electricity market reforms



Chris Huhne lays out electricity market reforms
Energy and climate change secretary Chris Huhne has laid out the government's plans for reforming the electricity market, intended to incentivise low carbon power.

In an oral statement, Mr Huhne highlighted the £110 billion investment needed in the UK's energy infrastructure in the next decade, noting that the country also has an obligation to meet its carbon reduction and renewable energy targets.

"To achieve our goals, we need to take decisive action now to increase low carbon electricity generation – including nuclear, renewable energy, and carbon capture and storage," Mr Huhne said.

He went on to say that reducing energy usage is a more cost effective way of ensuring supply meets demand than building more power stations, noting that it complements government initiatives on energy efficiency.

Carbon capture and storage technology was described as a "key part" of the plan to decarbonise the UK's electricity network, stating it is the "only technology that can potentially reduce emissions from fossil fuel-fired power stations by as much as 90 percent".

The UK is aiming to slash CO2 emissions by 34 percent and generate 15 percent of power from renewable sources by 2020.  ADNFCR-1235-ID-800620164-ADNFCR


Discussion Thread  

Eldwick wrote:

15 Jul 2011

There are a number of ways that we can prevent the need to build more power stations.
1) Do not waste money on carbon capture, rather invest in grants for domestic installation of boilers such as the CERES Power CHP unit which produces electricity and heat from gas without burning. Check out www.cerespower.com/ProductOverview/Residential CHP/. According to Ceres this should save about 25% of total domestic energy needs. Also plant millions of trees in moorland areas. That is natural and cheap carbon capture.
2) Stop building gas powered stations and preferably those already in existence be converted to clean coal technology. I am sure that Lord Marshall, formerly of CEGB, would not have sanctioned a high grade fuel such as gas for generating electricity at 30% efficiency plus all the losses in the distribution network.
3) Extend domestic solar PV and wind turbine applications. VAWT is probably the most practical and acceptable for domestic use and probably around a 5kW rating.

4) Minimise our domestic TV surge demand by installing dedicated 'trickle charge' kettle power supplies in almost every home.

5) Gradually develop a hydrogen/ammonia fuel economy utilising marine energy which could be much more substantial than wind energy. We could have hydrogen generating stations at many sites around our shores which might be unsuitable for maximised electricity generation. ITM Power in Sheffield have a well developed hydrogen facility, see www.itm-power,com.
6) Energy storage is the 'Holy Grail' of power systems and is easily achieved by hydrogen and/or ammonia storage rather than having to inefficiently pump water uphill.
John Menmuir 15/07/2011


R Annett wrote:

17 Jul 2011

John,
Totally agree. Add to that a supergrid so that we can use other generating resources around Europe and make better use of wind and hydro.

The scary thing about Hulne is what deals he has done with the power suppliers.

I am probably a bit niave, but why not fine generating companies out of profits if the lights go out? Why have the electricity price reform bill? Tying the public into future price guarentees is hardly free market reform. More like a noose.

In the end if prices go up too much people will just get off the grid. When they do, the remainder will have to pay more for their electricity. So a few more leave the grid, etc.




Discussion Thread  

 


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