NEW REPORT: The New Economics of Innovation and Transition: Evaluating Opportunities and Risks
The Economics of Energy Innovation and System Transition is a University of Exeter led project which develops cutting edge complexity-based modelling solutions to support government decision making around low-carbon innovation and technological change, aiming to facilitate a rapid low-carbon transition.
We are currently focused on modelling the transitions to clean technologies in heavy road transport, steel, and hydrogen production. We use a dynamic model to simulate the effects of alternative policy options. We have also studied tipping points in the transitions towards solar power and storage, electric vehicles, green hydrogen, heat pumps, and alternative proteins, and the potential for policy to activate a cascade of positive tipping points across sectors.
In its earlier phase, the EEIST project produced reports on decision-making frameworks, principles for policymaking, and modelling for the low carbon transition, as well as a range of policy briefs. These materials were created in partnership between researchers in the UK, China, India, and Brazil, and are all available from this website.
Or be introduced to the work undertaken by all partners in our first phase of EEIST by reading the short summary report below:
EEIST Project funders and partners