Upload
oecd-directorate-for-financial-and-enterprise-affairs
View
3.238
Download
0
Embed Size (px)
Citation preview
RADICAL INNOVATION IN THE
ELECTRICITY SECTOR:
SETTING THE SCENE
Chris Pike Competition Committee Working Party No. 2 19th June 2017
Capacity & Consumption
Source: IEA, Electricity Information, 2016
Production
Source: IEA, Electricity Information, 2016
Future Demand Projections
Future Generation projections
Subsidies
Source: IEA (Financial Times Graphic)
Challenge of intermittent renewables
Battery costs
Super-grids
Significant Grid Investment required
Source: IEA, Energy Technology Perspectives 2017
Electricity Prices: USD/unit (2015)
0
50
100
150
200
250
300
350
400
electricity for industry electricity for households
Source: IEA, Key World Energy Statistics, 2016
Future Generation projections (2)
Challenge of intermittent renewables (2)
Reducing CO2: renewables and efficiency