The Future of Transport: Investing in Low Carbon Road Transport Infrastructure
Wednesday 1st March 2017
5.30pm to 9pm
15 Golden Square, London W1F 9JG
A recent Environmental Audit Committee report revealed that the UK faces an uphill battle to reach its 2020 renewable targets for low-carbon transport. In a packed Autumn Statement that focussed on “investing today for the economy of the future”, Chancellor Philip Hammond announced £390m of funding “to build on our competitive advantage in low-emission vehicles and the development of connected, autonomous vehicles”. The £390m will go to “future transport technology”, including driverless cars, renewable fuels and energy-efficient transport. This will include £150m to provide at least 550 new electric and hydrogen buses; reduce the emissions of 1,500 existing buses and support taxis to become zero-emissions; and £80m to install more charging points for ultra-low emission vehicles. He also confirmed that the Government will provide a 100% first-year capital allowance for the installation of electric vehicle charging infrastructure.
With most of the main car and commercial vehicle manufacturers now offering hybrid, hydrogen and/or electric models, it can be argued that what is holding back a faster take-up of low emission vehicles is now the infrastructure to support them, particularly in respect of fuel and power. The UK Carbon Plan states the Government’s vision is that by 2050 almost every car and van will be an ultra-low emission vehicle (ULEV), with the UK automotive industry remaining at the forefront of global ULEV production, delivering investment, jobs and growth. Due to the time needed for fleet turnover, this requires almost all new cars and vans sold to be near-zero emission at the tailpipe by 2040. These ULEVs could be powered by batteries, hydrogen fuel cells, sustainable biofuels, or a mix of these and other technologies.
This investor briefing will take a look at How the low carbon road infrastructure currently stands, what is likely to be developed in the near future and what is needed to achieve the targets that have been set. With electric cars being ideal for short journeys, will the charging network be focused on homes, shopping centres and car parking spaces? Hydrogen is particularly effective for longer distance haulage, so will the hydrogen network evolve at distribution centres and at motorway service stations? Will electric car battery swap arrangements become established on motorways to speed up electric car charging for longer journeys?
This briefing will be ideal for investors, financiers, technology developers, road fuel infrastructure supply chain, consultants, freight distribution and logistics organisations, advisers, intermediaries and corporate sustainability professionals.
5.30pm Registration and networking (tea and coffee)
6.00pm Opening remarks – Guy Ranawake, Investment Director, Ingenious
6.10pm Overview of current status of electric charging, hydrogen fuel and natural gas – Robert Evans, CEO, Cenex. His presentation is HERE.
6.30pm The regulatory framework, support and vision for the low carbon transport infrastructure – Natasha Robinson, Head of the Office for Low Emission Vehicles. Her presentation is HERE
6.50pm Panel discussion, with participation from:
Guy Ranawake, Investment Director, Ingenious
Graham Cooley, CEO ITM Power plc
David Martell, CEO Chargemaster plc
John Baldwin, Managing Director, CNG Services Ltd
7.45pm Networking (drinks and eats)
Who should attend?
Fund managers, venture capitalists, private equity, high net worth individuals, business angels, analysts, brokers, corporate financial advisors, corporate investors, manufacturers, technology specialists, road transport planners and consultants, hydrogen and biomethane energy developers, electric vehicle charging supply chain, financiers, consultants, businesses in the energy infrastructure supply chain, energy storage companies, smart energy companies, technology providers, advisers, corporate sustainability professionals and other followers and participants in the energy, logistics and transport sectors.
Robert Evans – Cenex
Robert is CEO of Cenex, the UK’s first Centre of Excellence for Low Carbon and Fuel Cell Technologies; a not-for-profit consultancy and research organisation with a strategic focus on supporting low carbon vehicle supply chain and market development. Since he joined Cenex in December 2005, he has overseen the development and delivery of a range of hybrid, electric, hydrogen and gas vehicles and associated recharging\refuelling infrastructure projects. He is Chair of the UK Electric Vehicle Supply Equipment Association (UK EVSE), a member of the Automotive Council Technology Group and holds non Executive Directorships with the Advanced Propulsion Centre, the Scottish Hydrogen and Fuel Cell Association (SHFCA) and the Electric Corby community energy company. Prior to joining Cenex, he worked for 18 years with Johnson Matthey, 10 of which developing international markets for energy, environmental and automotive technologies, including fuel cells and vehicle emissions control for car, bus, truck and Non Road Mobile Machinery.
Natasha Robinson – OLEV
Natasha started in her current role as Head of the Office for Low Emission Vehicles in November 2016. Over the last seven years she has previous held a number of senior roles within the Department for Transport. This has included three years in finance with overall responsibility for planning the Department’s medium and long term budgets, as part of that role she coordinated the Department’s approach to the 2013 Spending Round. She also spent three years as Principal Private Secretary to the Secretary of State for Transport, heading up the Private Offices of both Andrew Adonis and Philip Hammond when they were in the post.
Graham Cooley – ITM Power plc
Graham joined ITM Power as CEO in 2009. Before that Graham was Graham was CEO of Sensortec Ltd, founding CEO of Metalysis Ltd, a spin out of Cambridge University and founding CEO of Antenova Ltd. Before that, he was a Business Development Manager in National Power plc and spent 11 years in the power industry developing energy storage and generation technologies.
David Martell – Chargemaster plc
David Martell is the Founder and Chief Executive of Chargemaster. Passionate about cars, David came from a background in accounting before starting Trafficmaster – one of the first nationwide traffic sensing and satnav companies in 1989, which was eventually valued at £500m and floated on the stock exchange in 1994. He sold his stake in Trafficmaster after 15 years to focus on electric vehicles. He soon realised that a solid and sustainable infrastructure was going to be the key to the EV economy, and founded Chargemaster with a single aim: to provide a dependable, convenient power source for EV drivers.
John Baldwin – Managing Director, CNG Services Limited
John worked for British Gas (and successor companies from 1983-2003), including; BGE&P – Armada Project Commercial Manager, Transco – Manager, Network Development, Lattice Group/National Grid – MD, Lattice Energy Services. His company, CNG Services Limited (CSL) provides design, consultancy and project delivery services in relation to; injection of bio-methane into gas distribution networks, development of onshore gas fields, development of CNG filling stations. CNG Services (CSL) owns the UK’s largest CNG filling station, supplying CNG to major supermarkets for use as a fuel for trucks. John is a former President of the SBGI (Society of British Gas Industries) and is Chairman of the Renewable Energy Association Biogas Group.
Guy Ranawake – Ingenious Group
Guy is an Investment Director in the Infrastructure team. Having qualified as a Chartered Accountant at PWC, Guy worked in corporate finance for Evercore (2008-2015), Barclays Capital (2007-2008), Taylor-DeJongh (2003-2007) and Citi (1995-2003). During his time at Evercore, Guy advised clients predominantly in the utilities and infrastructure sector with a particular focus on power generation assets, natural resources and infrastructure. Guy’s experience includes capital raising (equity and debt), mergers and acquisitions, valuation, project finance and commercial structuring and negotiations in both developed and emerging markets.
Each delegate place costs £50 + VAT and places are strictly limited.
To register: call 020 7539 8000 OR email email@example.com