Industry News-UK Bosses Tip Cleantech, Technology and Media to be the Three Highest Growth Sectors by 2020

Cleantech and renewables are expected to become two of the most important sectors of the economy according to a survey of UK business leaders, commissioned by the department for Business Innovation and Skills.

The new survey questioned business leaders from across eight sectors and found that nearly half (43 per cent) of those questioned believe that cleantech will grow at the fastest pace by 2020, followed by science and technology (20 per cent) and media and entertainment (15 per cent).

The survey highlights how the current economic climate presents new opportunities for new areas of the economy to thrive.

Combined with a growing awareness to find solutions for some of society’s greatest challenges – from tackling climate change to supporting an ageing population – investing now in innovative, high-growth areas will be essential for bolstering the UK economy once recovery kicks in.

Driving the awareness, investment and skills required to power these high-growth markets is essential for Britain’s future. Britain’s chance to showcase our strength to the rest of the world, including our cleantech innovations in the run up to Copenhagen 15, and how our digital strength will enable the first digital games in 2012, is essential for the UK’s ability to meaningfully contribute to the global economy.

It is therefore essential for both government and business to properly recognise and promote the importance of these sectors.

As part of meeting this need for recognition; Science and Innovation Minister Lord Drayson and entrepreneur James Caan recently launched the iawards - the first ever Government backed-awards to celebrate achievements in science, innovation and technology.

Science and Innovation Minister Lord Drayson said:

“Cleantech and renewables will play a huge part in helping the UK economy to grow sustainably, but we need to do more to encourage innovation in these and other high tech sectors.

“And that means recognising our best innovators, those who are creating the household names of tomorrow. The iawards will do just that, this inaugural year and in years to come. Make sure to get your entries in by 16 September!”

James Caan said:

“The UK is home to some of the most innovative minds in the world and we must continue to recognise and celebrate the work of these talented individuals. The iawards are all about recognising British achievements, the visionaries behind them and showcasing new the latest developments that will make the UK a better place to live and work. In doing so, we will continue to draw investment, energy and skills to the high-growth industries that will drive our economy forward.”

Further findings:

- 73 per cent of those polled believe that business and government must work together to promote the development of skills needed to bring the UK out of recession

- One in five of those surveyed chose web 2.0 as the best technological development of the last ten years

The iawards in association with QinetiQ includes 13 categories which are open to all organisations, but all entrants must specify the British involvement in any innovation - demonstrating that innovative thinking and development came from a British organisation or team.

Siemens sponsor the ‘Next Big Thing' category and Microsoft Bizspark sponsor the best technology start up category.

The awards categories reflect the greatest challenges we face as a country where science and innovation offer the best chance of developing viable solutions. Each entry must demonstrate how its innovative qualities relate to at least one of the following challenges:

Addressing the healthcare needs of an ageing society; Increasing international security from tackling global poverty to minimising the threat of terrorism; Preserving finite natural resources in the face of population growth and climate change; and Delivering public services which make best use of new technologies.

They must also demonstrate that the innovation has an impact on one of the Government’s grand challenges for science.

Winners of the awards will be helped by UK Trade & Investment (UKTI) to meet potential business partners at key industry events such as the giant Medica trade fair in Germany and Technology World in Coventry this autumn. They will also receive public relations support from the iawards team. All shortlisted entries and the winners will also have exclusive access to the iawards logo.

Science and technology has been a driving force behind Britain’s export success. Exports for life sciences, for example, rose 19 per cent in 2008.

Innovation is also important in keeping the UK as the number one destination for inward investment in Europe.
UKTI statistics show that the number of investment projects in creative industries increased by 65 per cent in 2008/9 and in software and computer services by 36 per cent.

Client News - AWS contributes to Marine Energy Report calling for more marine energy in Scotland.

More than 12,000 jobs in marine renewables could contribute £2.5 billion to Scotland's economy by 2020, according to a report published today.

The industry-led Marine Energy Group study charts a course for wave and tidal power around Scotland, and highlights actions to build further success in the sector. Its recommendations, for Government and its partners, include:

A call for the Scottish Government to repeat its Wave and Tidal Energy Support scheme A review of grid infrastructure required to support growth A fresh look at the levels of support available under the renewables obligation Calls for the Treasury to do more to help the sector, including the release of the Fossil Fuel Levy surplus funds to help promote renewables in Scotland Cabinet Secretary for Finance and Sustainable Growth John Swinney is in Orkney today where he will visit Stromness based marine energy company Aquatera.

Mr Swinney said: "With unrivalled marine resources and a range of wave, tidal and offshore wind development already underway, Scotland leads the way in generating energy from the sea.

The £10 million Saltire Prize continues to attract global interest in the marine energy potential around our coast. We also have publicly funded world leading testing facilities here in Orkney which are hosting wave and tidal devices built with Scottish Government support.

"Marine energy will be key to Scotland's future energy mix and that's why we changed our support mechanisms to give greater assistance to wave and tidal energy in Scotland than anywhere else in the UK.

"The report, put together by industry, highlights the actions it believes we need to deliver a commercial scale industry. It confirms there could be 12,500 Scottish jobs in marine renewables by 2020, a huge boost for the economy and a long term platform for sustainable growth.

"Industry recognises, as this Government has always believed, that the Treasury should unlock Scotland's share of the Fossil Fuel Levy - currently over £150 million - to allow us to give additional support to our renewables industry, the economy and environment.

"This report is an excellent example of collaboration in the public and private sectors. The recommendations are very much industry driven and we will consider their views very carefully as we continue to build a world leading renewables sector."

The Marine Energy Group is part of Forum for Renewable Energy Development in Scotland and works to accelerate delivery of a world leading marine energy industry to provide a contribution to the sustainable economy and environment of Scotland.

Its members are:

Sian McGrath, Aquamarine Power (co-chair) Lynne Vallance, Scottish Government (co-chair)

Mike Barlow, Scottish & Southern Energy

Graham Bibby, AWS Ocean Energy

Alistair Birnie, Subsea UK

Duncan Burt, National Grid

Robin Burnett, Airtricity [from June 2009] Morna Cannon, Scottish Renewables/Scottish Government Gareth Davies, Aquatera Karen Fraser, Scottish Government Phil Gilmour, Scottish Government Neil Kermode, EMEC Audrey MacIver/Elain Cameron, Highlands & Islands Enterprise Tom Mallows, The Crown Estate Robin McGregor, Lunar Energy/Christie Griffith Alan Mortimer, ScottishPower Renewables Paul Neilson, Scottish & Southern Energy Brian Nixon, Scottish Enterprise Paul O'Brien, Scottish Development International Matthew Seed, Wavegen Robin Wallace,

Political News-Miliband takes action on queue to connect new power generation to the grid

New rules to revamp the way power plants get connected to the UK’s power grid are proposed today by Energy and Climate Secretary Ed Miliband.

The shake-up will help new projects waiting to get a date to feed electricity into the grid to get out of the queue, and will in particular help renewable energy projects such as wind farms.

There is currently over 60 GW of new generation capacity – around 200 projects – that are waiting to be connected to the grid, including around 17 GW from renewable sources.Ed Miliband announced as part of the Government’s Low Carbon Transition Plan in July that the Government would reform the previous system of projects getting a connection date on a first come, first served basis regardless of when the project would start generating energy. This meant some wind farms were given connection dates years after when they were due to start producing electricity. Today’s consultation offers industry a say on three options for how the new system will work.

The proposed scheme will also give investors confidence that projects will be given a connection date that fits in with their project development timeline.

Ed Miliband said:

“Access to the electricity grid has been one of the key barriers to the generation of renewable energy in this country. We are determined to resolve this issue. That is why we took powers to do so in the Energy Act and today we are setting out our proposals.

“We need these new projects to get hooked up to the grid as soon as they are ready – both to help tackle climate change and secure our future energy supplies.

“The government will do whatever is necessary to bring about the transition to a low carbon economy and to give investors the certainty they need so that new renewable energy generation is built.”

For the first time, the Government will be making the detailed reforms to grid access rules that are necessary to overcome the delays. Previously, reforms were proposed
by industry and then approved or rejected by the regulator, Ofgem.

There are three proposed models that DECC is consulting on from today that build on industry and Ofgem’s work over the last year.

The three models look at different ways to manage the queue and to share the cost of connecting more plants to the system that is to be expected from this system.

The models are:

1.Connect and Manage (Socialised): - costs will be shared between all users of the network.
2. Connect and Manage (Hybrid): A model that targets some, but not all, of the additional constraint costs on new entrant power stations.
3. Connect and Manage (Shared Cost and Commitment): A model that offers the choice to new and existing power stations to commit to the network (which is helpful to Grid in terms of long term management of system) in return for greater certainty over charges, or to opt out and be exposed to additional constraint costs.

Ofgem has already approved interim arrangements to help new power stations connect more quickly, and under these interim arrangements around 1 GW of renewable projects in Scotland have already been offered earlier connection dates. However this was only ever intended as an interim measure and Government is intervening to ensure enduring access arrangements are put in place by June next year. This will be essential for investor confidence that we have a long-term and sustainable framework in place.

Click Here to view the full consultation