£0 – £16.73

The next energy revolution: Glorious or bumpy? Winners or losers?

Event Information

Share this event

Date and Time

Location

Location

The School of Economic Science

11-13 Mandeville Place

London

W1U 3AJ

United Kingdom

View Map

Refund Policy

Refund Policy

No Refunds

Event description

Description

Is the next energy revolution going to be 'glorious' or a very bumpy ride in an already turbulent world?

The future green energy revolution is often pictured as a glorious combination of economic growth, employment and a solution to climate change. However the signs look more ominous.

Oil companies, the main stay of pension funds and western economies, have failed to turn themselves from extraction companies into energy companies. Their profitability is down or non-existent as energy returns on investment shrink and their debts are rising. Renewable energy is almost paying for itself, but solar is dominated by China and energy returns on investment anyway are an order of magnitude lower than Oil had in its hay day. Solutions to renewable energy intermittency still seem elusive. How might this all play out in a world plagued by debt overhang and international trade and political tensions?

Professor Tim Foxon has looked at past revolutions in his new book "Energy and Economic Growth: Why we need a new pathway to prosperity" and they weren't pretty. He will talk about what we can learn from them and what this might mean for a future revolution. Ingrid Holmes, Director at E3G, will give her perspective based on her extensive knowledge of energy and finance and broad experience of green energy politics.

How do you see the future unfolding? Come and join the discussion. Following the event, we will have a wine reception.

To find out about becoming a member of PEP including free or discounted tickets to monthly events plus a free subscription to The Mint Magazine, go here.



Tim Foxon is Professor of Sustainability Transitions at SPRU (Science Policy Research Unit). His research explores technological and social factors relating to the innovation of new energy technologies, the co-evolution of technologies and institutions for a transition to a sustainable low carbon economy, and relations and interdependencies between energy use and economic growth. His current research focuses on low carbon industrial strategy, reorienting invesments and divesting from fossil fuels, examining business models for local low carbon infrastructure, and the relations between energy use and economic growth.

He was previously a Reader in Sustainability and Innovation at the University of Leeds, and Research Associate/Lecturer at Imperial College London and the University of Cambridge. He is a member of the Board of the European Society for Ecological Economics and one of the coordinators of the Environment-Economy Interactions Research Area of the European Association for Evolutionary Political Economy.

His new book "Energy and Economic Growth: Why we need a new pathway to prosperity" was published by Routledge in 2017.



Ingrid Holmes is a Director at E3G. She leads E3G’s work on climate finance and investment. Her team focuses on the UK, EU, Latin America and the G20.
Ingrid has previously been an Adviser to the Prime Minister’s Special Representative on Energy Security (2009), Sherpa to the Green Investment Bank Commission (2010/2011) and Member of the UK Green Finance Initiative (ongoing). She has also been appointed to the European Commission’s High Level Expert Group on Sustainable Finance and is a Board Member of the EU Alliance to Save Energy.

Ingrid’s professional experience includes working for asset manager Climate Change Capital as well as the UK Parliament; and the UK Department for Environment. Prior to that she spent several years in science publishing and journalism. She has a BSc in Biological Sciences from the University of Edinburgh, an MSc in Environmental Technology from Imperial College London and a CfHE in Macroeconomics from Birkbeck University of London.

Share with friends

Date and Time

Location

The School of Economic Science

11-13 Mandeville Place

London

W1U 3AJ

United Kingdom

View Map

Refund Policy

No Refunds

Save This Event

Event Saved