Delivering the Catapult Vision

Transcript

1. Delivering the Catapult Vision Tim German Chair Partnership Development Manager Energy Systems Catapult
2. Paul Jordan Head of Strategy Development & Business Planning Energy Systems Catapult
3. The status quo is: • safe • stressed • cheap • ageing And, the future could be: • multi-vector • whole system • distributed • flexible • smart But, change is upon us: • climate change act • society • technology • digital Which Direction? Communities, Data, People, Society, Information Policy & Regulation Electricity or multi- vector? National / Local? Top Down or Bottom Up? Our energy system is changing
4. Sector transformation gives rise to many new opportunities UK sector structure creates huge potential for new businesses that can enjoy material export growth up to £46bn of UK GDP impact* US $7tn needed for Global Transmission & Distribution alone up to £27bn in efficiency savings* *Sources: Low Carbon Innovation Coordination Group (LCICG) TINA (Technology Innovation Needs Assessment) Reports, IEA World Energy Outlook 2014, NIC 2016 report “Smart Power” UK recognised leader in energy innovation investment Existing Supply Chain Large supply chain multinationals, institutional investors, National Grid, local authority planning, regulation New Markets Peer-to-peer trading, new tariffs, arbitration, community energy, option pricing, demand side management New Technology IoT, Advanced control, Energy Storage, Heat pumps, EV charging, data & comms, University Spin-Outs New Services Distribution Service Operators, Energy Service Providers, gaming, building retrofit services and solutions Nationalised and centrally planned…...................... Privatised, unbundled and effective market
5. The sector is ripe for change but faces significant challenges • Short term, incremental market development • Inadequate internalisation of transition costs • High policy risk • Lack of technology neutral, stable, adaptive regulatory framework • Confused energy landscape • Difficult to access information and partners • Procurement barriers for SMEs • Incentives only promote incremental change • Un-differentiated consumer offers • No multi-vector systems view of architecture requirements or standards • Little investor confidence • Under-developed supply chain • Information asymmetry • Split incentives Catapult Response Whole System Analysis Catapult Response Accelerate Commercialisation Catapult Response Test & Demonstration Platform
6. Helping SMEs accelerate commercialisation Innovation Knowledge Exchange & Collaboration User-accessible platform (EKX - Energy Knowledge Exchange) and partnerships (e.g. EIC, IET) Consumer Insights Methodologies and tools to allow end-user requirements factored into product development Targeted SME support Insurance products, procurement support, sub-letting of test facility time Demonstration
7. ESC will enable development & demonstration of innovations within a whole system environment • Support technical development • Maximise SME influence in facilities development • Broker alliances for multi-vector capabilities • Preferential rates for SMEs for access to key facilities Convening relationships and preferential rates for innovators with component level UK test facilities • Enabling value capture from new business models • Reduced risk for investors from ‘blind alleyways’ • Reduced time to market • Early market feedback • Evidence based policy • Realistic pricing of risk • Consumer insights Designing a reference architecture for system integration of innovation into multi-vector value chains Holistic real-world large-scale demonstration environments
8. The Catapult's new home: Cannon House, Birmingham • Connectedness, innovation & collaboration.