LONDON’S GLOBAL UNIVERSITY Revealed preferences for energy efficiency in the shipping markets Prepared for Carbon War Room August 2016 Authors Vishnu Prakash, UCL Energy Institute Dr Tristan Smith, UCL Energy Institute Dr Nishatabbas Rehmatulla, UCL Energy Institute James Mitchell, Carbon War Room Professor Roar Adland, Department of Economics, Norwegian School of Economics (NHH) Contact If you have any queries related to this report, please get in touch. James Mitchell +44 1865 514214 Carbon War Room
[email protected] Dr Tristan Smith UCL Energy Institute +44 203 108 5984
[email protected] About UCL Energy Institute UCL Energy Institute delivers world-leading learning, research, and policy support on the challenges of climate change and energy security. Its approach blends expertise from across UCL, to make a truly interdisciplinary contribution to the development of a globally sustainable energy system. The shipping group at UCL Energy Institute consists of researchers and PhD students, involved in a number of on-going projects funded through a mixture of research grants and consultancy vehicles (UMAS). The group undertakes research using models of the shipping system (GloTraM), shipping big data (including satellite Automatic Identification System data), and qualitative and social science analysis of the policy and commercial structure of the shipping system. The shipping group’s research activity is centred on understanding patterns of energy demand in shipping and how this knowledge can be applied to help shipping transition to a low carbon future. The group is world leading on two key areas: using big data to understand trends and drivers of shipping energy demand or emissions and using models to explore what-ifs for future markets and policies.