Procuring local net zero investment: A UK case study.

IF 3.2 4区 工程技术 Q3 ENERGY & FUELS
Energy Efficiency Pub Date : 2025-01-01 Epub Date: 2025-07-01 DOI:10.1007/s12053-025-10346-w
Colin Nolden, Sean Fox, Emilia Melville, Katherine Sugar, Tedd Moya Mose, Caroline Bird, Jack Nicholls
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引用次数: 0

Abstract

Following over a decade and a half of austerity measures, and with costs of delivering statutory duties soaring, UK local authorities' resources and capabilities to deliver net zero are diminishing. Decarbonisation funding provided by central government, meanwhile, is awarded competitively. To secure long-term, place-based net zero investments under these unfavourable circumstances, UK local authorities are increasingly turning to public procurement. A prominent example is Bristol City Leap, a Joint Venture Company procured by Bristol City Council between 2018 and 2022 to deliver around £1bn of investment in energy infrastructure and service delivery over 20 years through a concession agreement. Drawing on workshops and interviews with key stakeholders and experts, this paper examines the risks and opportunities of procurement and early-stage delivery of this public-private-partnership model. Using insights from transaction cost economics, it finds that this agreement has significantly increased net zero investment in return for increased risk and transaction costs. To ensure successful, just, and equitable delivery of promised place-based net zero investments, significant procurement capabilities, careful due diligence procedures, continuing institutional oversight, and independent measurement and verification are required.

获得本地净零投资:一个英国案例研究。
经过15年多的紧缩措施,加上履行法定义务的成本飙升,英国地方政府实现零排放的资源和能力正在减少。与此同时,中央政府提供的脱碳资金是竞争性的。在这些不利的环境下,为了确保长期的、基于地方的净零投资,英国地方当局越来越多地转向公共采购。一个突出的例子是布里斯托尔城市飞跃公司,这是一家由布里斯托尔市议会在2018年至2022年间收购的合资公司,通过特许协议在20年内为能源基础设施和服务提供约10亿英镑的投资。通过研讨会和对主要利益攸关方和专家的访谈,本文考察了这种公私伙伴关系模式的采购和早期交付的风险和机遇。利用交易成本经济学的见解,它发现该协议显著增加了净零投资,以换取风险和交易成本的增加。为了确保成功、公正和公平地交付承诺的基于地方的净零投资,需要强大的采购能力、谨慎的尽职调查程序、持续的机构监督以及独立的衡量和验证。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
Energy Efficiency
Energy Efficiency ENERGY & FUELS-ENERGY & FUELS
CiteScore
5.80
自引率
6.50%
发文量
59
审稿时长
>12 weeks
期刊介绍: The journal Energy Efficiency covers wide-ranging aspects of energy efficiency in the residential, tertiary, industrial and transport sectors. Coverage includes a number of different topics and disciplines including energy efficiency policies at local, regional, national and international levels; long term impact of energy efficiency; technologies to improve energy efficiency; consumer behavior and the dynamics of consumption; socio-economic impacts of energy efficiency measures; energy efficiency as a virtual utility; transportation issues; building issues; energy management systems and energy services; energy planning and risk assessment; energy efficiency in developing countries and economies in transition; non-energy benefits of energy efficiency and opportunities for policy integration; energy education and training, and emerging technologies. See Aims and Scope for more details.
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