Energy Network Innovation for Green Transition: Economic Issues and Regulatory Options

Tooraj Jamasb, Manuel Llorca, Leonardo Meeus, Tim Schittekatte

Publikation: Bidrag til bog/antologi/rapportBidrag til bog/antologiForskning

Abstrakt

In this age of low-cost capital and stimulus packages, is it the best time to heavily invest in tomorrow’s energy networks and research infrastructure? In the academic literature it is widely acknowledged that innovation is key to decarbonising the energy sector and fostering sustainable develop ment. However, post liberalisation has been struggling to promote R&D and innovation. Is this a case of business, regulatory, or policy failure, or are there other factors involved? In this paper, we discuss the reasons for slow uptake of new technologies in energy networks and propose some remedies for the European context, where innovation in the area of energy networks is crucial for the implementation of the Green Transition. The solutions to address this shortfall need to be considered in an overarching manner. The specific points raised here are based on incentive regulation, the establishment of competitive funding models like Ofgem’s Low Carbon Network Fund, and a large European collaborative research hub.
OriginalsprogEngelsk
TitelEnergy Regulation in the Green Transition
RedaktørerBirgitte Egelund Olsen, Henrik Lund, Tooraj Jamasb, Peter Møllgaard, Carsten Smidt
Antal sider8
UdgivelsesstedKøbenhavn
ForlagDanish Utility Regulator
Publikationsdato2021
Sider14-21
Kapitel1
StatusUdgivet - 2021

Emneord

  • Energy network infrastructure
  • European Green Deal
  • Innovation
  • Research and development

Citationsformater