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Open Source Energy re-designing Northern Ireland’s energy architecture

The Energy Future

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Page 1: The Energy Future

Open Source Energyre-designing Northern Ireland’s energy architecture

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Programme• The five pillar plan• The role of solar• Enabling an orderly transition

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Pillar #1 – build the foundation

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Pillar #1

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Pillar #1

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Pillar #2 – max-out

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Pillar #2

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Pillar #2

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Pillar #2

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Pillar #2

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Pillar #2

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Pillar #2

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Pillar #3 – integrate the storage network

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Pillar #3

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Pillar #3

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Pillar #3

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Pillar #3

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Pillar #4 – inter-connect micro-generators

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Pillar #4

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Pillar #4

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Pillar #5 – electrify transport

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Pillar #5

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Pillar #5

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When energy and communication platforms converge...

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The role of solar

CLEANPROVENRELIABLEPREDICTABLESCALABLEAFFORDABLE

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Northern Ireland solar: a concise retrospective

2003: NIHE demonstration 48kWpUniversity of Ulster, Jordanstown 11.5kWp facade

2005: Solar 21 programme, 60kWp across 12 local councils

2006: MDP programme providing 50% capital grant supportLisneal College, 31kWpFivemiletown College, 28kWp

2007: Tesco Newtownbreda, 21kWpBIH retro-fit 20kWp C21e tiles

2008: EREF: PV & solar thermal across government buildingsLCBP Phase 2, approx 180kWp across public sectorSwitched On Schools, 243kWp across 43 rural schoolsThe Green House, first zero-carbon houseCode for Sustainable Homes drives deployment

Today: 4 ROC’s drives deployment across homes, farms, SME’s, business and public sector...

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Challenges

• The communication crisis• Funding the transition• Power shift

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Where should the money be spent?$6 trillion over 10 years is ear-marked to extract assumed, albeit diminishing fossil fuel reserves

In 2012, the global fossil fuel industry received over $580 billion in government subsidies

There should be no shortage of capital that could redirected to:

• Clean energy• Energy efficiency• Education and awareness

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Where should the money be spent?“You can not believe two things simultaneosly... You can NOT believe that we can hold +2degs, even a 50:50 chance AND that hydrocarbon companies are any where near valued at the right price. You just can’t believe those two things simultaneously.”Prof. Lord Stern, Chair of the Grantham Inst. On Climate Change & The Environment

“Up to 80% of stated reserves are likely to be un-burnable, or non-monetisable.” Paul Spedding, Oil & Gas Analyst (HSBC)

“These reserves are not assets, they are liabilities that have yet to be priced in to fund valuations. We have adjusted our investment strategy accordingly.”Howard Pearce, Head of Pension Fund Management, Environment Agency

“The Bank of England are responsible for regulating stability in the capital markets, right now they are allowing the carbon bubble to keep on inflating. That has got to change.”Dr Jeremy Leggett, Chair Carbon Tracker, founder and Chair Solarcentury & Solar Aid

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Challenges

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CommentsNorthern Ireland can not drive the mega-trend, we MUST develop our own strategic plan in order to ride the slip-stream:

• Co-ordinated mobilisation through stable market enablement• Honest and transparent communications strategy• Robust UK, EU & US supply chain & experience partnering• Community-level engagement, reconstruction and future-proofing

• Aim for leadership status• Do NOT under-estimate the challenge• ...or the scale and scope of the prize

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Irish News – 29th August 1993

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T: 028 2075 1095 M: 07793 208 564 W: planet-solar.co.uk E: [email protected] @PlanetSolarNI