UKERC Energy Strategy Under Uncertainties: Financing the Power Sector - Is the Money Available?
Citation |
Blyth, W., McCarthy, R. and Gross, R. UKERC Energy Strategy Under Uncertainties: Financing the Power Sector - Is the Money Available?. UKERC. 2014. |
Author(s) |
Blyth, W., McCarthy, R. and Gross, R. |
Publisher |
UKERC |
Download |
Financing_the_Power_Sector_-_Is_the_Money_Available.pdf  |
UKERC Report Number |
UKERC/WP/FG/2014/004 |
Abstract |
The electricity sector faces a level of investment in the coming two decades far higher than the past two decades. It needs to renew its ageing generation fleet, and shift towards capital-intensive low-carbon forms of generation. Over the past few years, various organisations and commentators have suggested that the sector may be unable to deliver, questioning whether there will be a sufficient flow of money into the sector to finance these investments.
This report examines the evidence for these claims, looking at three key issues:
- The size of the gap between required and current levels of investment,
- The ability of energy companies to scale up their capital expenditures,
- The ability of financial institutions to provide the necessary funds, and the mechanisms by which they might do so.
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