Global Need for Energy Storage Sir David King UK Foreign Secretary’s Special Representative for Climate Change Chair, Future Cities Catapult Trilateral Energy Storage Workshop UK Ambassador’s Residence, Paris Wednesday 19 th November 2015
Global Need for Energy Storage
Sir David King UK Foreign Secretary’s Special Representative for Climate
ChangeChair, Future Cities Catapult
Trilateral Energy Storage WorkshopUK Ambassador’s Residence, Paris
Wednesday 19th November 2015
Total Population of the World in Billions
Source: IIASA
Middle Class*
*Middle class here defined as daily per capita spending of between $10 and $100 in PPP terms
Risk of fatal heat stress
Risk of Crop Failure (Rice)
Probability of exceeding 4°C
Probability of exceeding 7°C
• Climate Change Risk: looming catastrophe to be avoided, with benefits including:
• Energy Security• Health• Prosperity
• UK commitment: 80% CO2 emissions reduction compared with 1990; 52% by 2028.
• Long term CO2 neutrality target needed for about 2060
EU Energy Policy 2030 Targets
Delivery aided by European Energy Union.
1.) At least 40% reduction in GHG emissions compared to 1990.
2.) More than 27% Renewable Energy installed
3.) About 27% Energy Savings.
EU Energy Investment Needs 2010 - 2020
Power Generation – 500 bn euro(Renewables 350 bn euro)
Transmission and Distribution – 600 bn euro(Distrib – 400 bn euro; Transm – 200 bn euro).
TOTAL: 1 trillion eur
The engine of energy demand growth moves to South Asia
Primary energy demand, 2035 (Mtoe)
China is the main driver of increasing energy demand in the current decade, but India takes over in the 2020s as the principal source of growth
4%
65%
10%
8%
8%5%
OECD
Non-OECDAsia
MiddleEast
Africa
Latin America
Eurasia
Share of global growth2012-2035
480
Brazil 1 540
India
1 000 SoutheastAsia
4 060China
1 030
Africa
2 240UnitedStates 440
Japan1 710
Europe1 370
Eurasia
1 050MiddleEast
Trilateral Energy Storage Working Group
• To accelerate innovation and deployment of energy storage technologies
• To facilitate development of policy mechanisms & market structure conducive for commercial utilisation
• To support the EC, national govts, innovation agencies and industry towards EU leadership in commercial deployment.
Multi-vector, multi-scalar scope for energy storage A range of new energy storage technologies needed for a range of applications:
• Small scale for distributed systems, eg for off-grid villages, kW hr to MW hr
• Large scale for country-wide grids, GW hr to tens of GW hr.• Different time scales, from 14 hour day-night to inter-seasonal.• Cost target: < $100 per kW hr.
G7 Heads of Government meeting, June 2015
• Commitment to “decarbonise the global economy over the course of this century.”
• “ We will work together and with other interested countries to raise the overall coordination and transparency of clean energy research, development and demonstration, highlighting the importance of renewable energy and other low-carbon technologies. We ask Energy Ministers to take forward this initiative and report back to us in 2016.”
Functionality:
VariaLift Airship
Long-term commitment to sea level rise
• In 2014 more renewable energy was installed worldwide than fossil fuel.
• In UK: 11,500 companies employing 460,000 people are involved in the new low carbon economy.
• Annual turnover in 2013: £44 bn.
• This is twice the turnover of our auto-manufacturing industry.
• Annual gross value = the food and drinks industry.