Energy models are a vital tool to help predict what the future energy system could look like. Conventionally, such models are based on business-as-usual scenarios – points of reference informed by historical norms. However, the energy transition is already underway: basing future energy models on such scenarios could be highly risky. Following an energy modelling workshop with academics, industry leaders and policymakers, research postgraduates Jonathan … Continue reading What does business-as-usual mean today?
Professor Yufeng Yang from the Energy Research Institute (ERI) of the National Development and Reform Commission (NDRC) of China, joined the Grantham Institute as a Research Fellow in June 2017. For the next few months, he will be working here on global energy governance and energy storage, in close collaboration with Neil Hirst, Senior Policy Fellow for Energy and Mitigation. In this blog, he considers the … Continue reading China is entering a new era of climate change mitigation and environmental protection
Well-established solar heat technologies could be playing a key role in creating a sustainable future energy system and meeting an increasing global demand for energy, according to our latest briefing paper. “Solar-thermal and hybrid photovoltaic-thermal systems for renewable heating” looks at the continuing potential of this technology and what stands in the way. Dr Alexander Mellor, Research Associate in the Department of Physics and co-author of … Continue reading Could solar-thermal be the solution for low-carbon heating?
The Sustainable Gas Institute, an international research hub based at Imperial College London, recently launched a new white paper entitled ‘A Greener Gas Grid: What Are The Options?’. The paper examines the gas grid and explores the ‘low-carbon’ alternatives for these extensive networks. Erin Johnson, a research postgraduate in the Department of Chemical Engineering and an expert in ‘green gas’, discusses the paper’s findings and … Continue reading 5 ways to green the gas grid
Neil Hirst is a Senior Policy Fellow for Energy and Mitigation at the Grantham Institute. Over the next few months, he will be working with Professor Yufeng Yang, from the Energy Research Institute (ERI) of National Development and Reform Commission (NDRC) of China, who recently joined the institute funded by a Grantham Research Fellowship. Here, Neil explains two of the topics they will be working on: reforming energy governance, … Continue reading Why we need global leadership on pressing energy challenges, and why China has such an important role to play
Last year, Dr Jeffrey Hardy took a career break from his role as Head of Sustainable Energy Futures at Ofgem and joined the Grantham Institute as a Senior Research Fellow. He has been imagining a future where your relationship with your energy company is different to the present, and why new business models must put customers in the driving seat of the low-carbon transformation. Here he … Continue reading Energy Utopia: What stands in the way of smart, clean, affordable, customer-led energy?
Nick Spooner and Sarah Clements, Grantham Institute and Imperial College Business School Master’s students studying Climate Change, Management and Finance, dive into the question of responsible financial investments, and ask whether it’s time to make some changes? Significant progress has been made since writing our previous piece on responsible investment at Imperial. Last week we launched our Responsible Investment Club by co-hosting an event with the Grantham Institute, which discussed … Continue reading Building the case for sustainable finance
What do a company’s carbon emissions tell you about its long term prospects? Grantham Institute Director of Innovation Prof Richard Templer takes a first look at ET Index’s ranking of businesses according to their climate change credentials. Christmas is more usually associated with giving rather than investing, and the New Year with minimising our waistlines rather than diminishing our carbon footprints. But if, like me, … Continue reading Green investment: Put your money where the carbon isn’t
On 25 November the Grantham Institute’s Moritz Köhme and Dr Jeff Hardy attended the Reinventing Energy Summit hosted by New Scientist and RE•WORK. Jeff is a Senior Research Fellow at the Institute and was one of the presenters at the event, speaking about ‘Sustainable energy transformations: Where are we at and where are we going?’. In this blog, Jeff and Moritz share five interesting messages … Continue reading Five ways to reinvent energy
Alyssa Gilbert, Head of Policy and Translation at the Grantham Institute, explores how disclosing information on companies’ strategic and practical approaches to climate risks could help engage investors in greener investments. The role of green investments in building a low-carbon future was a hot topic at the UN climate change conference in Marrakech (COP22), which finished last week. And within the financial sector, awareness of … Continue reading Climate disclosures – why should we care?