1. Creating a Solent Low Carbon
Economy
Using a low carbon, green
economy to generate growth and
prosperity
Bill Clark
Solent Low Carbon Economy Development
manager (Solent LEP and PUSH)
2. Introduction
• Developing a low carbon economy for
South Hampshire is a joint initiative of:
• The Solent Local Enterprise Partnership
(LEP)
• Partnership for Urban South Hampshire
(PUSH)
• Hampshire Chambers of Commerce
3. A low carbon economy?
• Why do this?
• What is our long term objective?
• How will we deliver it?
• Where will the resources come from?
4. Why? - Energy
• In 2004/05, - UK became net
importer of oil and gas.
• China’s energy demand will
increase 75% between 2008 and
2035, when it will account for
22% of world demand.
• Resulting in rising energy costs
for UK households and
businesses
• Oil and gas are found in politically
unstable and unpredictable
regions (e.g. Middle East)
• 96% of Solent energy sourced
from outside of the area
Sources: International Energy Agency, Chief Scientific Advisor, DECC; Centre for Climate Change
5. The European Solar Market
Solar Thermal UK Solar Photovoltaic
UK
Source: Energy Savings Trust
6. Why? – Green Economy Growth
•£122 billion • One-third
•£3.3 trillion • £5 billion
•8% • 55,000
•5% per annum • 940,000
•£20 billion
Sources: CBI; DECC
9. Summary
• Carbon pricing, regulatory penalties, reduced
competitive advantage
Risks and • New markets for innovative companies such as
Opportunities smart technology, bio-based materials
• Local strengths and potential
• Cities & regions that move early can
Winners encourage green economic growth, inward
investment and jobs through smart
technologies and new markets
Losers • Laggards could face out-dated infrastructure,
potential regulatory and carbon-price burdens
and stagnant growth
10. The Strategy
Reshaping the economy so the green economy is a
stimulus of economic growth not an inhibitor of growth with
double benefits of lower carbon and more jobs.
Priority 1 – New Low Carbon & Green Technology
Priority 2 – Resource Efficiency in homes & businesses
Priority 3 – Generation of Secure, Renewable & Low
Carbon Energy in the Solent
“Good green policy has to be good industrial policy too. In
everything we do, we have to look at how we maximise
economic growth”
– John Cridland, CBI Director-General, July 2012
11. Priority 1 – New Low Carbon & Green
Technology
• Exploiting research into renewable energy
locally – tidal power
• Cleaning technologies that significantly
reduce water use.
12. Priority 2 – Resource Efficiency in
homes & businesses
• Upgrading existing workforce skills
through low carbon skills training
• Peer supported Solent business energy
efficiency network and accreditation
scheme
13. Priority 3 – Generation of Secure,
Renewable & Low Carbon Energy in the
Solent
• Solent ‘Smart’ grid development- IT
management of local energy
generation/demand
• Solent Low Carbon Zones Development-
encouragement and incentivisation of low
carbon developments.
14. How will it be delivered?
• Programme Board-business led
– Geographically representative
– Businesses, Universities, Local Authorities
– Facilitating collaboration rather than ‘doing’
• Prioritised Projects and Actions
• Secure Resources to deliver
• Manage Performance of the Programme
15. Resources - sources
• Government
- Regional Growth Fund
- City Deal
- Green Deal, FITS, RHI, and CERT
• European Union – Interreg, ELENA, EEEF,FP7, IEE,
Jessica, Urbact
• Funding Mechanisms
- Solent Green Fund
- Solent Investment Bank
- Business rate retention
- Bond financing
16. Resourcing-requirements
• Match funding/resourcing is always
required for National/EU funding pots
• Pooling of skills and expertise
• Commitment and support for taking
projects forward to completion
• Engagement with the LEP board.
17. Thank you
For more information contact me on:-
Bill.clark@eastleigh.gov.uk
Hinweis der Redaktion
2007/8 figures UK 11th in Europe with 2% of the market
