The Energy Technologies Institute (ETI) has welcomed a trio of reports issued today by the Low Carbon Innovation Co-ordination Group (LCICG). The ETI is a founding member of the LCICG.
The three Technology Innovation Needs Assessment (TINA) reports on Carbon Capture & Storage (CCS), Marine Energy and Electricity Networks & Storage (EN&S) explore the commercial potential, key economic benefits and challenges for investment of these technologies to the UK.
Andrew Haslett , Director of Strategy , ETI , said:
“The ETI welcomes the opportunity to work collaboratively with the other members of the LCICG on the development of these reports.
“Tackling the challenge of affordability, sustainability and security relies on taking a pragmatic approach to energy technologies. We must focus on what is practical and that means finding solutions that work for both end users and investors.
“These reports complement our own modelling and research, which provide the context for the ETI’s own focus on achieving significant cost reductions and enhanced reliability energy technologies.”
The TINAs have been developed by the Low Carbon Innovation Coordination Group (LCICG), which is made up of a range of different bodies including the Department of Energy and Climate Change (DECC), the Department for Business, Innovation and Skills (BIS), the Carbon Trust, the Energy Technologies Institute (ETI), the Technology Strategy Board (TSB), the Scottish Government, Scottish Enterprise, the Engineering and Physical Sciences Research Council (EPSRC), and other organisations with significant low carbon innovation interests.
The LCICG issued its first TINA in February focused on offshore wind. Further TINAs are due to be issued in the coming months ahead.
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Offshore WIND staff, August 16, 2012; Image: Energy Technologies Institute