This chapter sets out our approach to innovation in the renewable energy sector. It discusses how we can most effectively encourage innovation in renewable technologies including regulatory and market-based measures, as well as direct funding for technology development
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The development of new and emerging renewable energy technologies will be important for meeting our 2020 target and vital for our longer term climate change goals. Innovation can make improvements to existing renewable technologies and reduce costs, as well as create new technologies. The Government has many ways of supporting innovation – including regulatory and market-based measures, as well as direct funding for research, development and demonstration of new technologies.
We would like to hear your views about how we can most effectively encourage innovation in renewable technologies, including technologies such as electricity storage and smart metering which can help support increased renewable deployment. In particular: