INNOPATHS holds a workshop for European policymakers

How might Europe achieve deep decarbonisation? The INNOPATHS project is using a process of stakeholder engagement and co-design to develop decarbonisation pathways for Europe to 2050 – each of which explores a different route to deep decarbonisation. On Tuesday 9th July the project brought together policymakers from across Europe to think through how decarbonisation

Will incumbent industries and infrastructures (like gas networks) play a big role in shaping technology choices, or will upstart newcomers disrupt and reshape the business landscape for energy? Will populist movements cause some countries to fall behind, while others press ahead towards net-zero, leading to a Europe with “two speeds” of decarbonisation? How might a “circular” or “sharing” economy change patterns of energy demand?  These are important issues for long-term energy strategy, and are explored through the narrative scenarios being developed within the INNOPATHS project. Each narrative highlights knowledge gaps, where more research might help, and each one highlights challenges for policymakers.

The workshop discussions helped the INNOPATHS team to further develop the narrative scenarios. The key aspects of these narratives will then be quantified using the project’s suite of integrated assessment and energy modelling tools, and then made available to explore via an interactive decarbonisation simulator. The final narratives—and associated modelling—will be completed in March 2020. Watch this space!

INNOPATHS holds Stakeholder Event: “Towards carbon neutrality, the perspective of investors”

On the 15th of May 2019, INNOPATHS held a large stakeholder event hosted by E3-Modelling in Athens, designed to examine the investment opportunities emerging from the transition towards a low- or zero-carbon economy.

The INNOPATHS project aims to understand the challenges of decarbonisation and the innovation needed to address them and present a detailed assessment of low-carbon technologies, their uncertainties, future prospects and system characteristics. The project also aims at creating new, co-designed deep decarbonisation pathways with novel policy and innovation processes and it puts emphasis on the societal, economic and environmental dimensions of the low-carbon transition and how they can be managed.

The project was presented by Professor Laura Diaz Anadon (University of Cambridge), Elena Verdolini (Senior Scientist, CMCC) and Professor Paul Ekins (UCL, INNOPATHS coordinator). The INNOPATHS online tools were presented in the conference; in particular the “Technology Matrix” tool which includes historic and projected characteristics, and associated uncertainty, of key low-carbon technologies and can be utilized to calculate the future costs of low carbon transition, and the “Policy Evaluation Tool” which presents key evidence-based characteristics of policy instruments and mixes to encourage the low-carbon transition. Professor Ekins presented the key findings of the High Level Panel on Decarbonisation pathways that proposes priority research to achieve deep decarbonisation in all economic sectors. He also pointed out the major innovative approaches of the INNOPATHS project. Professor Pantelis Capros (NTUA) presented the model-based analysis on EU low-emission pathways that fed into the European Commission strategy “A Clean Planet for all”. He showed that deep decarbonisation of the EU energy and economic system can be achieved through the upscaling of “no-regret” options (including renewable energy, energy efficiency, advanced biofuels, electrification of mobility) but it will also require the introduction of disruptive technologies, energy carriers and business models (including hydrogen, power-to-gas, power-to-liquids, use and storage of CO2, circular economy).

Professor Laura Diaz Anadon and Dr Elena Verdolini

In the second session of the conference, chaired by IENE’s head of Energy Efficiency committee, Costas Theofylaktos, a number of Greek energy market experts and company executives participated in a round table discussion on the current and future challenges of the energy sector. There, Mr. Polymenopoulos representing HELESCO highlighted the role of ESCOs in the improvement of energy efficiency of buildings. Mr. Polychroniou representing “DEPA, gas industry and renewable gas” analyzed the prospects of decarbonised and renewable gas in the deep decarbonisation context. Mr. Papastamatiou representing “ENTEKA wind energy”, one of Greece’s pioneering wind companies, addressed the licensing boundaries in RES projects noting the low success rate of wind projects, which affects indirectly electricity prices for consumers. He referred to the key market requirements for the acceleration of the energy transition, notably the development of coherent policies, the implementation of large-scale RES projects, the capacity increase of local and international interconnections and development of large-scale storage systems. Dr. Sotiris Kapellos, representing HELPE Renewables, and HELAPCO, the Hellenic Association of Photovoltaic Companies, addressed the issue of PV investments in Greece and called for the simplification of licensing procedures and a full implementation of EU guidelines for electricity market liberalization (Target model, Balancing of RES etc.). Dr. George Ayeridis (CRES, Electromobility) presented the prospects of electrification in the transport sector with high EV deployment combined with RES-based electricity. He also stated that EVs should be seen both as a market product and as a key part of the energy transition.

Professor Benjamin K. Sovacool authors Visions of Energy Futures: Imagining and Innovating Low-Carbon Transitions

INNOPATHS consortium member, Professor Benjamin K. Sovacool has authored a recent book entitled, Visions of Energy Futures: Imagining and Innovating Low-Carbon Transitions, that uses INNOPATHS initial work and findings.

This book examines the visions, fantasies, frames, discourses, imaginaries, and expectations associated with six state-of-the-art energy systems—nuclear power, hydrogen fuel cells, shale gas, clean coal, smart meters, and electric vehicles—playing a key role in current deliberations about low-carbon energy supply and use.

Visions of Energy Futures: Imagining and Innovating Low-Carbon Transitions unveils what the future of energy systems could look like, and how their meanings are produced, often alongside moments of contestation.

Read more about it here.

INNOPATHS initial findings presented at the 24th Conference of the Parties

Dr Elena Verdolini from the RFF-CMCC European Institute on Economics and the Environment and INNOPATHS Work Package Leader, presented initial results from the INNOPATHS project, explaining how this project aims to work with key economic and societal actors to generate new, state-of-the-art low-carbon pathways for the European Union. This presentation was part of a side event on ‘energy decarbonisation & coal phase out: financial, technological and policy drivers’ at the COP24 in conjunction with Carbon Tracker, WWF Poland and CEE Bankwatch Network.

This presentation was structured around three key INNOPATHS outputs. First, the “Technology Matrix”, an online database presenting information on the cost of low-carbon technologies and their performance, including both historic and current data, and future estimates. The key feature of this database is the collection of a wide variety of data from different data sources, and the computation of metrics to measure the uncertainty around values. The matrix will thus contribute to mapping technological improvements (and associated uncertainty) in key economic sectors, including energy, buildings and industry. It will show that many low-carbon technologies options are available in certain sectors, but also the specific technological gaps characterizing many hard-to-decarbonize sectors, including aviation, or energy-intensive manufacturing sectors such as chemicals and heavy metals. For these technologies, additional and dedicated Research, Development, Demonstration and Deployment funding will need to be a priority.

The second key output is the “Policy Evaluation Tool”; an online repository of evidence on the effect of policy interventions against key metrics, such as environmental impact (i.e. emission reductions), labour market and competitiveness outcomes. The tool will become a repository of evidence on what approaches and policy instruments work, or do not work, helping policy makers to understand how best to achieve various goals related to the energy transition.

The third key output are insights from INNOPATHS researchers focusing on the financing of the decarbonization process. First, similarly to the process of industrial production, financing costs benefit from “learning-by-financing”, as lenders develop in-house abilities and experience in the selection of renewable energy projects. Second, researchers focus on the importance that public investments can play in signaling change and promoting a shift of investments away from fossil and towards low- and zero-carbon technologies. In this respect, public banks are crucial actors, which can act as catalysts for private investments.

Find out more about the conference here.

Dr Elena Verdolini explains decarbonising the energy sector

CMCC and EIEE senior researcher Elena Verdolini explains how the energy sector, the largest producer of greenhouse gases, is surprisingly one of the easiest areas to decarbonise.

Electrification is growing fast as it becomes increasingly low-carbon or carbon-free entirely. Dr Verdolini explains how variability is a major obstacle to increasing the use of renewables and goes on to talk about the best ways to tackle the increasingly difficult obstacles this sector faces.

Read the full article here.

 

INNOPATHS consortium holds second all-partner meeting

The second all-partner meeting of the INNOPATHS consortium was held on 3rd – 5th September, hosted by the University of Cambridge. The meeting brought together representatives from all project partners from 8 European countries for three days of intensive, constructive discussions on progress within the project so far, and the future direction of the research. This included a review and demonstration of prototypes of the four original ‘interactive online tools’ – the Technology Matrix, the Policy Evaluation Tool, Interactive Decarbonisation Simulator, and Low Carbon Pathways Platform – each of which will channel different collections of results from the project research, and will seek to serve different purposes for their intended users.

 

In order to ensure that the research and the online tools (along with other research and their associated outputs) will best serve the needs of policy makers, civil servants, business and civil society, the second meeting of both the INNOPATHS External Advisory Board and the INNOPATHS Innovation and Exploitation Advisory Group also took place. Members of these respective bodies, drawn from the spectrum of stakeholder groups, provided insightful advice and guidance to the research team to maintain momentum and maximise policy relevance and we head towards the second half of the INNOPATHS research programme.

INNOPATHS takes part in European Commission’s High Level Workshop

The Council has invited the Commission to come up with a proposal for a strategy for a long term EU GHG emissions reduction, in accordance with the Paris Agreement. The intention of the Commission is to present a proposal before the COP24 to be held in Katowice in December.

On June 28th, the European Commission organized a High Level workshop in Brussels on the topic “R&I contribution to the strategy for long term EU greenhouse gas emissions.” The workshop aimed at identifying the lessons or conclusions which can be drawn from some key EU-funded R&I projects and activities. The objective was therefore to identify such lessons or conclusions and discuss them with members of DG Research, the EPSC, DG CLIMA, DG ENER, and the other Commission Services involved.

Elena Verdolini was asked to focus on the topic of decarbonization innovation, and two provide insights with respect to two key questions: what can we expect from decarbonization innovation? How can we ensure that it will come about? Three main messages emerged from the presentation. First, public policies should be designed to provide incentives for the development of a portfolio of low-carbon technologies rather than picking winners. Second, there is the need to manage the transitional costs associated with the process of decarbonization, especially for what concerns competitiveness and trade dynamics. Third, successful policy mixes are those which are tailored to the capability of a each country. For more details, please have a look at the presentation below, or feel free to send an email to: elena.verdolini@cmcc.it

180628_EV_Decarbonization_Innovation download

 

Professor Benjamin Sovacool and Jessica Jewell write piece for The Conversation

On Thursday 8 March 2018, Professor Benjamin Sovacool and Jessical Jewell’s study ‘Fossil fuel subsidies need to go – but what about the poorer people who rely on cheap energy?’ was published in The Conversation.

Professor Benjamin Sovacool is Professor of Energy Policy at the Science Policy Research Unit (SPRU) at the School of Business, Management, and Economics, part of the University of Sussex.  There he serves as Director of the Sussex Energy Group and Director of the Centre on Innovation and Energy Demand.

Drawing from a review he did for Ecological Economics, Benjamin has teamed up with Jessica Jewell from the International Institute for Applied Systems Analysis to write a piece about energy subsidies for The Conversation.

Read full publication here

 

Latest papers published by INNOPATHS

INNOPATHS is a four year EU funded research project that aims to work with key economic and societal actors to generate new, state-of-the-art low-carbon pathways for the European Union. Below is a round-up of the latest research to come from INNOPATHS.

Anadón, L.D., Baker, E., Bosetti, V. (2017) Integrating uncertainty into public energy research and development decisions, Nature 2, Article number: 17071 Free access

Geddes, A., Schmidt, T., Steffen, B. (2018) The multiple roles of state investment banks in low-carbon energy finance: An analysis of Australia, the UK and Germany, Energy Policy 115, 158–170 Free access

Steffen, B. (2018). The importance of project finance for renewable energy projects, Energy Economics 69, 280-294 post-print manuscript

Verdolini, E, Anadon, LD, Baker, ED, Bosetti, V, Reis, L. (2018) The future of energy technologies: an overview of expert elicitations.’ Review of Environmental Economics and Policy Free access

Professor Laura Diaz Anadon invited to speak at the SET Plan – The 10th Year Anniversary  in conjunction with the Central European Energy Conference in Bratislava

On Thursday 30 November, Professor Laura Diaz Anadon was invited to chair a session at the Strategic Energy Technologies (SET) Plan – CEEC 2017 Conference  in Bratislava. The conference was held under the auspices of the Estonian Presidency of the Council of the EU and was conjoined with the 10th Anniversary of the EU Strategic Energy ET Plan conference.

Professor Anadon chaired and presented at the session on the Global dimension of the Energy R&I and Patrick Child, Deputy Director General, DG RTD, European Commission gave the keynote speech.

Watch the full session here