U.K. Urged to Keep Carbon Prices Stable to Meet Coal Target
"Carbon pricing is a “vital tool” needed to phase out coal in Britain and lowering the amount that U.K. emitters have to pay risks increasing emissions by making the dirty fuel more profitable, according to Aurora Energy Research Ltd. The U.K. introduced the so-called Carbon Price Support in 2013 in response to low prices in the system. Keeping the current support steady would result in coal being obsolete by 2021 or 2022, Aurora said in an report published Monday. Whereas cutting the level 61 percent to 7 pounds ($9.12) a ton would result in coal stations generating right up to the government phaseout deadline of 2025 and the extra emissions may risk putting the nation’s carbon targets further out of reach. “The Treasury really needs to say something on carbon pricing in the upcoming budget, as there is considerable uncertainty around this in industry at present -- in large part due to Brexit,” said Richard Howard, research director at Aurora. “It is important for power companies to have visibility on future carbon prices in order to plan investment and trading decisions.”
Report: UK plc will need three million EV charge points by 2040
"Yesterday another vote of confidence in flexible and smart charging technologies arrived in the form of a new report from Aurora Energy Research, supported by Eaton, NatWest, Lombard and the Renewable Energy Association. The paper concluded that EV charging represents a huge opportunity for the UK's commercial and industrial sector, especially if combined with energy storage, V2G, and solar installations. Up to three million commercial and industrial (C&I) charge points - installed in public car parks, motorway service stations and workplaces - are set to be needed by 2040 to enable the mass rollout of green fleets the paper calculates."
Three million EV charge points will be needed by 2040, says Aurora
"Up to three million commercial and industrial charge points may be needed in Great Britain by 2040 to supplement the mass roll-out of electric vehicles, research from Aurora has found. Dr Felix Chow-Kambitsch, head of flexible energy and battery storage at Aurora, said: “High electric vehicle deployment over the next 20 years will radically transform Great Britain’s energy system, stimulating innovation through a shift to ‘smart’, increasing flexibility and enhancing the role of renewables in the energy mix.
Commercial and Industrial ‘smart’ charging has a key role to play in meeting high levels of consumer ‘away-from-home’ EV charging demand and represents an exciting development for the whole energy industry. Additional commercial opportunities offered by V2G, solar and energy storage will help to make the system more flexible, and ‘greener’, contributing to meeting GB decarbonisation targets.”"
18 October 2018 | Zeitung für kommunale Wirtschaft
Business sites play a key role in expanding e-mobility
"According to Hanns Koenig, project leader at Aurora Energy Research, the electrification of the transport sector will fundamentally change the energy system in Germany over the next 20 years. He sees opportunities particularly in commercial and industrial sites and smart charging patterns: in combination with decentralised storage and renewable energy capacities, the system can be made more flexible and the federal government's decarbonisation goals can be achieved. Such charging patterns at times of low power demand could reduce power costs and increase grid stability."
Germany: Shift to EVs will require up to four million charging points at commercial and industrial sites by 2040
"The number of electric cars in Germany could rise to between 23 and 29 million by 2040, and building the necessary charging infrastructure will be a business worth billions of euros, according to a study conducted by Aurora Energy Research comparing the UK and Germany. Electric vehicles could require two to four million charging points at commercial and industrial sites, which will play a key role in the electrification of transport, because only around 60 percent of households have a parking space that can be equipped with the necessary infrastructure. Letting users pay for the power would offer viable business models for the necessary investment of up to eight billion euros, according to Aurora."