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Figure 13: Recommendations for policy makers A range of tools are available to policy makers seeking to support TES development: Policy and planning Invest in research and development activities and in demonstration projects can help to overcome technical challenges, build market awareness of the unique capacities of TES systems and reduce the perceived risk of deploying them. Market structure Support the development of technology neutral market structures so that TES can compete with other sources Planning and regulatory framework Ensure coherence of energy policy making, for example introduce carbon pricing systems, remove fossil fuel subsidies, introduce building codes to shift heating systems away from fossil fuels. Research and innovation Take a whole systems approach to energy systems planning and strategy, to ensure heating, cooling and industrial energy use are accounted for in Policy makers can also address sector-specific challenges with targeted interventions Power Industry Cold chain Buildings District heating and cooling Provide subsidies or other technology push interventions to improve financial value propositions and increase consumer awareness and acceptance for novel technologies Develop industry supply chain and skills Employ market pull mechanisms such as cap and trade schemes to improve the financial proposition of onsite renewables and thermal storage compared to fossil fuels Introduce certification schemes, media campaigns and demonstration projects to increase awareness and build trust in new technologies Address systemic barriers to energy storage in regulatory frameworks, as part of holistic energy policy Provide price signals for flexibility, to improve the value proposition for storage technologies Increase funding for R&D and demonstration projects that look specifically at TES Investment support mechanisms and command and control mechanisms, e.g. public procurement can accelerate development of renewably powered district heating/cooling schemes Provide clear guidlines and regulations for planning, building standards and environmetal protection Increase funding for R&D and demonstrations to help accelerate technology development Encourage consumers uptake through media campaigns and price support mechanisms for TES or enabling infrastructure such as heat pumps Introduce mandatory building codes to shift away from fossil powered heating systems 36 INNOVATION OUTLOOKPDF Image | THERMAL ENERGY STORAGE Outlook
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