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Title: 2050 Costs: Technical Manual

Content: Welcome to the 2050 Pathways Wiki. This resource will allow you to submit comments, evidence and data to help build our understanding of the costs involved in meeting the UK's 2050 emissions reduction targets. 

| *Sector Costs*                                                             | *Costs Methodology*                                                               | *Web Interface*                 |
|
| Give feedback on technology costs now and in 2050.                         | Give feedback on the methodology used in calculating and comparing cost pathways. | How should costs be presented?  |
| See the sectors in the calculator and note that we have some missing costs | Read the methodology                                                              | How user friendly is this wiki? |

h1 What are we looking for?

As part of a wider analysis on the transition to a low carbon UK, the Department of Energy and Climate Change is exploring technology costs across the energy system and how these may develop from now until 2050. 

h2 Technology Costs

We are asking for expert input to establish cost ranges for some of the key technologies that may play a role in a low-carbon UK. We are not looking for commercially sensitive data, but do aim to compile a range of evidence from within industry and academia. If you have sectoral expertise and can provide evidence on the costs of a technology you can add this to the relevant sector costs page. 

h2 Method and Presentation

Feedback is also sought on calculating, projecting and presenting  costs from now until 2050. You can find out more about this by clicking the links above. 

h2 General comments

If you have comments of a general nature you will find space at the end of each wiki page where these can be added.

h1 How to add Cost Data

To quickly add a sector cost click 'add a cost' on the top right of the screen. Please fill in as much of the submission form as possible as this will help us allocate your costs appropriately. 

h1 Help & FAQ

Please see FAQs to view frequently asked questions on the 2050 Costs work and add any questions you may have. We will try to respond to these as quickly as possible.

For help using the tool, general questions, including on methodology please email: 2050pathways@decc.gsi.gov.uk 

For Technical problems with the wiki please email: tom.counsell@decc.gsi.gov.uk or call 0300 068 6817.

h1 Sector Contacts

* Bioenergy, waste and agriculture - Bryony Butland(bryony.butland@decc.gsi.gov.uk)
* Transport – Neil Fleming & Dan Lord (neil.fleming@decc.gsi.gov.uk and daniel.lord@decc.gsi.gov.uk)
* Power – Michael Clark & Joe Downie (michael.clark@decc.gsi.gov.uk and joseph.downie@decc.gsi.gov.uk)
* Industry – Jan Kiso & Nazmiye Ozkan (jan.kiso@decc.gsi.gov.uk and nazmiye.ozkan@decc.gsi.gov.uk)
* Heat – Rees Howell (rees.howell@decc.gsi.gov.uk)
* Geosequestration - Jan Kiso (jan.kiso@decc.gsi.gov.uk)
* Methodology and presentation – Sophie Hartfield (sophie.hartfield@decc.gsi.gov.uk), Tom Counsell (tom.counsell@decc.gsi.gov.uk), Michael Clark, Neil Fleming, Nazmiye Ozkan



User: Daniel Lord

Picture updated at: 

Signed off by: 

Signed off at:
Title: 2050 Costs: Technical Manual

Content: Welcome to the 2050 Pathways Wiki. This resource will allow you to submit comments, evidence and data to help build our understanding of the costs involved in meeting the UK's 2050 emissions reduction targets. 

| *Sector Costs*                                                             | *Costs Methodology*                                                               | *Web Interface*                 |
|
| Give feedback on technology costs now and in 2050.                         | Give feedback on the methodology used in calculating and comparing cost pathways. | How should costs be presented?  |
| See the sectors in the calculator and note that we have some missing costs | Read the methodology                                                              | How user friendly is this wiki? |

h1 What are we looking for?

As part of a wider analysis on the transition to a low carbon UK, the Department of Energy and Climate Change is exploring technology costs across the energy system and how these may develop from now until 2050. 

h2 Technology Costs

We are asking for expert input to establish cost ranges for some of the key technologies that may play a role in a low-carbon UK. We are not looking for commercially sensitive data, but do aim to compile a range of evidence from within industry and academia. If you have sectoral expertise and can provide evidence on the costs of a technology you can add this to the relevant sector costs page. 

RENEWABLES ONLY With Renewable Power Generation, the end user faces  at present the cost of the electricity paid via the Renewables Obligation - 1ROC for onshore wind power in approx terms £100/MWh and 2 ROCs or £150/MWh for Offshore wind, Biomass and 3 or 4ROCs for solar PV and wave, and tidal stream etc., , NOT FOAK/NOAK MML/Ove Arup/E&Y cost estimates, which were/are used to judge the banding levels of ROC payments every 3 or 4 years (Comment - this should be shorter as technology and practice is moving fast. mk.) 

If the Electricity Market Review brings about an auction process with Contracts for Diefferences this should bring costs down more into line with estimates or lower as the technology and critical mass improve. 

As indicated by DECC Katie Gillingham, reducing the cost of investment is a key objective of the EMR, CfDs reduce risk and uncertainty for developers and so should also reduce the cost of capital. Therefore, all other things being equal, a lower level of support should required to deliver a given investment. 

Under the RO transitional arrangements outlined in the White Paper the RO will remain open to new accreditations until 31 March 2017 and between the introduction of the CfD mechanism and the closure of the RO to new accreditations, generators will have a choice between the two mechanisms.(Comment - why should there be a choice if reducing the cost of investment is a key objective of the EMR? mk)After 31 March 2017 the RO will be vintaged so that schemes accredited under the RO can continue to be supported by that scheme for the remainder of their support lifetime i.e., 20 years or with FITs and RHIs 25 years. 

h2 Method and Presentation

Feedback is also sought on calculating, projecting and presenting  costs from now until 2050. You can find out more about this by clicking the links above. 

h2 General comments

If you have comments of a general nature you will find space at the end of each wiki page where these can be added.

h1 How to add Cost Data

To quickly add a sector cost click 'add a cost' on the top right of the screen. Please fill in as much of the submission form as possible as this will help us allocate your costs appropriately. 

h1 Help & FAQ

Please see FAQs to view frequently asked questions on the 2050 Costs work and add any questions you may have. We will try to respond to these as quickly as possible.

For help using the tool, general questions, including on methodology please email: 2050pathways@decc.gsi.gov.uk 

For Technical problems with the wiki please email: tom.counsell@decc.gsi.gov.uk or call 0300 068 6817.

h1 Sector Contacts

* Bioenergy, waste and agriculture - Bryony Butland(bryony.butland@decc.gsi.gov.uk)
* Transport – Neil Fleming & Dan Lord (neil.fleming@decc.gsi.gov.uk and daniel.lord@decc.gsi.gov.uk)
* Power – Michael Clark & Joe Downie (michael.clark@decc.gsi.gov.uk and joseph.downie@decc.gsi.gov.uk)
* Industry – Jan Kiso & Nazmiye Ozkan (jan.kiso@decc.gsi.gov.uk and nazmiye.ozkan@decc.gsi.gov.uk)
* Heat – Rees Howell (rees.howell@decc.gsi.gov.uk)
* Geosequestration - Jan Kiso (jan.kiso@decc.gsi.gov.uk)
* Methodology and presentation – Sophie Hartfield (sophie.hartfield@decc.gsi.gov.uk), Tom Counsell (tom.counsell@decc.gsi.gov.uk), Michael Clark, Neil Fleming, Nazmiye Ozkan



User: Knowlesmichael2

Picture updated at: 

Signed off by: 

Signed off at: