000 02109nab a2200205 4500
005 20260520000811.0
008 260224s2008 xxu
100 1 _aJamasb, Tooraj
_940087
100 1 _aNuttall, William J.
_940634
100 1 _aPollitt, Michael
_940628
245 0 0 _aThe case for a new energy research, development and promotion policy for the UK
260 _cdic. 2008
270 _a25/03/2009 ; 25/03/2009
300 _a4 p. ; 4610-4614
520 _aTranscripción del resúmen publicado por el autor: This paper is a critical assessment of the current balance of efforts towards energy research and development (R&D) and the promotion of low-carbon electricity technologies in the UK. We review the UK's main technological options and their estimated cost ranges in the medium term. We contrast the energy R&D spending with the current and expected future cost of renewable promotion policies and point out the high cost of carbon saving through existing renewable promotion arrangements. We also note that liberalisation of the electricity sector has had significant implications for the landscape of energy R&D in the UK. We argue that there is a need for reappraisal of the soundness and balance of the energy R&D and renewable capacity deployment efforts towards new energy technologies. We suggest that the cost-effectiveness of UK deployment policies needs to be more closely analysed as associated costs are non-trivial and expected to rise. We also make a case for considering increasing the current low level of energy R&D expenditure. Much of energy R&D is a public good and we should consider whether the current organisation of R&D effort is fit for purpose. We argue that it is important to build and maintain the research capability in the UK in order to absorb spillovers of technological progress elsewhere in the world. Against this background, the recent signs that an energy R&D renaissance could be underway are therefore positive and welcome.
581 _a12
773 0 _tEnergy Policy
_g36
942 _cARTICULO
999 _c169341
_d169341