Industrial 2050 Roadmaps Objectives Understand decarbonisation options in the medium to long term 20202050 while remaining competitive Improve data for DECC modeling 2050 calculator Develop shared ID: 279496
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Industrial 2050 Roadmaps
Industrial 2050 RoadmapsSlide2
Objectives
Understand decarbonisation options
in the medium to long term (
2020-2050) while remaining competitive;
Improve data for DECC modeling – 2050 calculator;Develop shared evidence base between government and industry;Understand investment decision-making context;Agree on policy measures needed to achieve emissions reduction while remaining competitive, highlighting actions to be taken by industry, Government and others.
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Outputs
Develop
several modelled pathways for decarbonising each
sector;
Overview of the business environment;Build policy action plans for industry, government and others.3
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Governance
Joint project between DECC and BIS;
Consultancy consortium of Parsons Brinckerhoff and DNV·GL;
Interdisciplinary sector teams consisting of BIS and DECC officials, CPI and academic;
Involvement of academic – Professor Harald Grossman of the University of Dresden;Involvement of Confederation of European Paper Industries;Input from individual companies.4Industrial 2050 RoadmapsSlide5
Analysis
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Higher Decarbonisation Pathway
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Cross-cutting themes
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Industrial 2050 Roadmaps
1. Strategy, leadership and organisation
2. Business case barriers3. Future energy costs, energy supply security, market structure and competition4. Industrial energy policy context5. Life Cycle Accounting6. Value Chain Collaboration7. Research, Development and Deployment (RD&D)8. People and skillsSlide8
(Some of the) Policy Challenges
Public Finance
Investment decision-making
Energy Prices
Industrial StrategySkills policyCompetition PolicyAccess to EU fundingMaterial efficiencyIndustrial Clustering
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Timing
8
sectoral
roadmaps and cross-cutting summary published in March;
Familiarising Ministers with analysis and conclusions;Negotiation between trade associations and Government, facilitated by the consultants;Analysis and policy conclusions ready for Spending Review. Spending Review will end in Autumn. Budget sets the scene.9Industrial 2050 Roadmaps