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Ed Davey’s contribution (on the next steps to decarbonize the UK) to a new collection of essays from the Social Liberal Forum is a tour de force in strategic thinking.
One of the great strengths of Liberal thought through the ages has been an ability to find practical, scientifically and economically-sound solutions to pressing social challenges. For an excellent example of this, from someone who has held high office, look no further than Sir Ed Davey’s essay in Four Go In Search of Big Ideas, which not only provides a wide-ranging discussion of the challenges of decarbonising the UK’s economy in line with the aims of the Paris Agreement but also presents up-to-date policy suggestions to support the deployment of cutting-edge green tech.
For the power sector, Davey suggests that “any new nuclear should be suspended until it can prove substantial cost reduction”. He is also clear both for the need to improve the incentives to supply-side innovations like renewable power with storage (the practice of equipping intermittent power sources like wind and solar PV with battery storage) and to rapidly speed up the ability of “demand-response” technologies and smart grids to respond to changes in supply and to cut overall energy demand.
In a section that reminds clean energy advocates like me of how useful it would be to have Davey back in the Council of the EU, he urges much more use to be made of interconnectors between neighbouring nations, as well as fast-tracking reforms to electricity markets to ensure, for example, that network costs are fairly shared among market participants and that barriers to new entrants like community energy groups are broken down.