Central to the government’s target of reducing greenhouse gas emissions by 34 per cent below their 1990 levels by 2020 are the increase in the proportion of electricity generated from renewable sources, and energy efficiency measures. In Realigning UK energy policy, Arthur D. Little analyses how realistic and cost-effective some of the measures outlined for reaching this target really are:
- Wind generation – recent estimates state that 7,000 offshore turbines need to be constructed by 2020. This equates to two per day every day of this decade – even investors doubt such a level is achievable – at disproportionate cost.
- Smart meters – over 2.5 million smart meters need to be installed each year. There is currently not enough capacity to install such a number, nor is there an agreed standard.
- Consumer behaviour – policy makers implicitly assume that householders will become more energy efficient once smart meters are installed. However, there is little evidence this will occur anywhere near expected levels.
Notes for EditorsFounded in 1886, Arthur D. Little was the world’s first professional management consulting firm. Arthur D. Little is a global leader in management consultancy, linking strategy, innovation and technology with deep industry knowledge. These last years, Arthur D. Little developed partnerships with more than 70% of Fortune 100 companies. Its teams conceive and implement sustainable, innovative and operational solutions. Arthur D Little is present in over 20 countries with more than 1000 consultants. With its partners Altran Technologies, the firm has access to a network of over 17.000 professionals.
Further InformationJo Gwaspari/Joe Banks