气候变化领域集成服务门户(CCPortal): Trouble on the horizon: Securing the decommissioning of offshore renewable energy installations in UK waters

CCPortal

DOI	10.1016/j.enpol.2021.112479
	Trouble on the horizon: Securing the decommissioning of offshore renewable energy installations in UK waters
	Mackie C.; Velenturf A.P.M.
发表日期	2021
ISSN	03014215
卷号	157
英文摘要	This article elucidates the principal causes of risk to taxpayers created by the manner in which ‘security requirements’ are currently deployed by regulators in relation to the decommissioning of offshore renewable energy installations (OREIs) in English, Welsh and Scottish waters. It does so to inform policy development pertaining to their more efficacious utilization. In this context, security requirements are a regulatory tool which necessitate that developers/owners evidence their ability to finance decommissioning. Their deployment within the framework that governs the decommissioning of OREIs across the UK has not previously been ‘stress tested’ in the literature. Four causes are identified: excessive regulatory discretion; a flawed focus on financial strength; the dangers of gradual accrual; and uncertainty in decommissioning costing. A series of high-level policy recommendations are presented, several of which may be germane to other sectors and jurisdictions, as to how security requirements may be used more efficaciously to ensure decommissioning is performed. © 2021 The Authors
关键词	Energy transition Financial security Offshore renewable energy installations Offshore wind OREIs Polluter-pays principle
英文关键词	Offshore oil well production; Public policy; Taxation; Energy transitions; Financial security; Offshore renewable energies; Offshore renewable energy installation; Offshore winds; Policy development; Polluter-pay principle; Renewable energy installations; Security requirements; Cryptography; alternative energy; decommissioning; environmental legislation; finance; installation; offshore structure; wind turbine; United Kingdom
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205237
作者单位	Associate Professor in Business Law, School of Law, University of LeedsUK, United States; Senior Research Fellow in Circular Economy, School of Civil Engineering, University of LeedsUK, United States
推荐引用方式 GB/T 7714	Mackie C.,Velenturf A.P.M.. Trouble on the horizon: Securing the decommissioning of offshore renewable energy installations in UK waters[J],2021,157.
APA	Mackie C.,&Velenturf A.P.M..(2021).Trouble on the horizon: Securing the decommissioning of offshore renewable energy installations in UK waters.Energy Policy,157.
MLA	Mackie C.,et al."Trouble on the horizon: Securing the decommissioning of offshore renewable energy installations in UK waters".Energy Policy 157(2021).