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MI3-MI-2020-Solutions.Pdf SECTION 01 | ENERGY MI 2020 SOLUTIONS 3 RD MI MINISTERIAL 2018 1 Highlighting innovative solutions emerging from Mission Innovation member investments that have the greatest potential to significantly accelerate the delivery of clean and affordable energy by 2020 CONTENTS Foreword 04 Innovation Challenges 06 SECTION 01 Smart grids & energy storage 08 SECTION 02 Renewable Energy 26 SECTION 03 Fuels 44 SECTION 04 Transportation 60 SECTION 05 Buildings 70 SECTION 06 Industry 82 SECTION 07 Innovative financing 94 Delivering this transformation requires This publication global partnerships of governments highlights some of and the private sector, and Mission these success stories Innovation is one of the international from across the globe: the innovative community’s most important vehicles for HYBRIT project from Sweden, which is driving this forward. The UK is delighted using hydrogen to reduce CO2 emissions to be part of Mission Innovation and to from ironmaking to zero, and India’s be collaborating with partners around unique Micro Solar Dome device are just the world in pursuit of our common goal: two of the great examples that should accelerating the clean energy revolution. inspire us all. Mission Innovation is also about But there is more work for us to do. coming together to celebrate our We must harness the ingenuity and FOREWORD successes. I am proud to say that since determination of scientists and engineers 1990 the UK has reduced emissions by in universities and industry across over forty per cent while growing our the globe, to continue to drive the economy by over seventy per cent, phenomenal progress made to date, outperforming the rest of the G7. This and to succeed in delivering a clean This is an The launch of Mission Innovation shows that a low carbon transition goes growth revolution. at the signing of the Paris hand in hand with economic success, extraordinary moment Climate Agreement was a critical proof that clean growth is not only for international moment in building this global possible, but the best game in town. climate collaboration. movement. It acknowledged This success is underpinned by that to decarbonise successfully innovation and I am delighted that at The global community has we need to unlock a huge wave the 3rd Mission Innovation Ministerial Rt Hon Claire Perry MP come together to tackle the of innovation to fundamentally in Malmö, Sweden we can shine a Minister of State for Energy and Clean challenge of man-made climate transform the way we generate light on some of the most significant Growth, UK Department for Business, change and to safeguard our and consume energy. breakthroughs emerging from other Energy and Industrial Strategy planet for future generations. MI members’ investments. SECTION 01 | ENERGY SECTION 01 | ENERGY INNOVATION CHALLENGES Many of the solutions highlighted in this booklet are contributing to the MI Innovation Challenges. Innovation Challenges are global calls to action aimed at accelerating research, development and demonstration (RD&D) in technology areas where Mission Innovation members believe increased international attention can make a significant impact in our shared fight against climate change. 01 02 05 06 SMART GRIDS OFF-GRID ACCESS CONVERTING CLEAN ENERGY MATERIALS SUNLIGHT Enabling future grids Developing systems that Accelerating the exploration, that are powered by enable off-grid households Discovering affordable discovery, and use of new affordable, reliable, and communities to access ways to convert sunlight high-performance, low-cost decentralised renewable affordable and reliable into storable solar fuels clean energy materials electricity systems renewable electricity 03 04 07 08 CARBON CAPTURE SUSTAINABLE BIOFUELS AFFORDABLE HEATING HYDROGEN AND COOLING OF Enabling near-zero CO2 Developing ways to Accelerating development of BUILDINGS emissions from power produce, at scale, widely a global hydrogen market by plants and carbon affordable, advanced Making low-carbon identifying and overcoming intensive industries biofuels for transportation heating and cooling key barriers to the production, and industrial applications affordable for everyone distribution, storage, and use of hydrogen at gigawatt scale 6 7 SECTION 1 SMART GRIDS & ENERGY STORAGE 05 Korea 08 Korea Development of Organic-Inorganic Development and Demonstration Hybrid Solid Electrolytes for of an IoT-Based Campus Microgrid Medium-Large-Sized Semi-Solid at Seoul National University Lithium Rechargeable Batteries 01 UK 03 EC 06 UK 09 Germany Piclo Peer-to-peer Energy BroadBit Upside Energy Cloud Based Die Stadt als Speicher Trading Platform Smart Grid Platform (City as Storage) 02 Australia 04 Japan 07 Germany 10 India Power Ledger High-power all-solid-state Silicon-air battery reaches a Establishment of pilot project batteries using sulfide duration of over 1000 hours for on Grid scale Battery Energy superionic conductors the first time Storage Systems (BESS) of different technologies 8 9 SECTION 01 SMART GRIDS & ENERGY STORAGE 01 PICLO PEER-TO-PEER ENERGY TRADING PLATFORM CHALLENGE enables the distribution network operators (DNOs) to participate by Piclo is a revolutionary online placing bids for “demand flexibility” energy marketplace that UK in congested parts of their network NL, IT is democratising access to and reward customers accordingly. © Open Utility Ltd local energy markets. Piclo is The electricity system is very lowering barriers for individuals, complex with multiple different communities and businesses with Edoardio Raffinerie Garrone (ERG) in This technology has the potential to actors and needs; Piclo helps with solar panels and batteries to Italy and Essent in Netherlands. disrupt centralised and manual market simplify and standardise all local mechanisms designed for traditional trade peer-to-peer and provide The second phase of the project was trading opportunities whether they energy companies and traders, and balancing services to the local initiated in 2017 through a further are peer-to-peer or directly with replace it with distributed and algorithmic electricity grid. As a result, Piclo is £412,000 UK government grant. It the DNO. trading mechanisms that unlock direct helping solve one of the biggest involved engaging with local DNOs to participation from customers. barriers facing the global energy ACTION unlock the financial benefits of local system today: how to connect trading. Piclo is working with these The $2.2 trillion global electricity system Piclo launched in 2015 and more renewables and electric operators to set up flexible capacity is going through a transformation and was delivered in partnership vehicles to the grid without contracts for customers with batteries, peer-to-peer trading will underpin all with electricity supplier Good sacrificing cost, efficiency or demand response technology or electric energy exchange in the future: helping Energy. It was supported by a resilience. vehicles, so they can manage grid propel us towards a fully renewable and £310,000 Energy Entrepreneurs congestion more effectively. decentralised energy economy. INNOVATION Fund grant from the UK government’s Department of Piclo is a match-making service POTENTIAL Energy and Climate Change. for local energy markets. Just Peer-to-peer marketplace technology Following a successful regional as Airbnb matches customers removes barriers to a decarbonised and USEFUL LINKS: trial in Cornwall, the service with the most relevant short-term decentralised energy system. It provides Peer-to-peer network charging white was commercialised and rolled rentals, Piclo matches customers a scalable means to connect everything paper: bit.ly/local-grid-charging out across the UK. Further with the energy produced by their to the grid without compromising on international roll-outs followed neighbour’s solar panels. Piclo also cost, reward or resilience. 10 11 SECTION 01 SMART GRIDS & ENERGY STORAGE system will be managed using this ACTION POTENTIAL technology and data analytics. Power Ledger will create and maintain Trading in embedded networks breaks 02 This will demonstrate how a blockchain platform which enables the nexus between renewables blockchain works with assets that POWER LEDGER electricity metering, big data acquisition, generation ownership and energy are either co-located or located in rapid micro transactions and grid consumption, meaning value can be different locations, such as an off- management at an unprecedented derived from an investment in distributed site solar farm planned for South granular scale. energy resources even when the investor Fremantle. is absent or doesn’t consume all the CHALLENGE The Australian Government will provide In April 2018, Power Ledger energy they generate. The challenges of integrating 2.57 million AUD in direct funding and announced a trial partnership with distributed energy production another 5.68 million AUD will be provided AUSTRALIA Japan’s second largest energy and alignment with demand could by project partners including Curtin retailer KEPCO. The trial will help be addressed through blockchain University, Murdoch University, Curtin USEFUL LINKS: renewable energy customers technology and data analytics. Institute of Computation, LandCorp, the powerledger.io better monetise their investments, Commonwealth Scientific and Industrial and help KEPCO develop virtual INNOVATION Research Organisation (CSIRO)/Data energy power plants to better Power Ledger is trialling the 61 and Cisco. use of blockchain-powered support the demands
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