By Jonatan Pinkse, Professor of Strategy, Innovation and Entrepreneurship, Alliance Manchester Business School
Last week a new milestone was reached in the UK when renewable energy generated more electricity than gas and coal for first time.
National Grid reported that, on Wednesday lunchtime (7 June 2017), power from wind, solar, hydro and bio mass supplied 50.7% of UK electricity.
Symbolically this is important news, as although the proportion generated was only point seven per cent over half, the election has showed us just how influential small margins can be.
It transpired that the reason why this happened was a little bit down to chance – it happened to be a windy and sunny day. Although this landmark has been seen as a positive one and a step in the right direction, we must also be cautious when looking at this. With so much electricity being produced there are technological problems that arise such as where and how the electricity can be stored. Too much energy in the grid can ultimately disrupt the whole system and lead to wastage.
So we know that this is largely good news but again noting the election where green energy was understandably lower on the agenda following recent events, infrastructure comes down to policy and investment. Who will pay for new infrastructure such as smart grids and can those who provide it make any money from it?
Upgrading systems has sped up and slowed down over the years – wind farms were once rare but are now becoming a more common sight. However the UK still trails some other European countries when it comes to utilising wind energy. Again, policy usually dictates this but other factors play a part; consideration must be given to those who live near coasts, valleys, reservoirs and the like; while nuclear power is a whole different topic with global politics, public resistance and stereotypes playing a part, it is now seen as playing a key role in stabilising renewables.
The future of renewable energy is - similar to the future of the UK outside of the European Union – uncertain. Brexit will and is playing a big part in this as the country is already trying to be a low carbon leader but still wants to do more. The UK leaving the EU could be seen as an opportunity to build its own approach to tackling climate change and secure more renewable energy sources, or destabilise the work that has already happened, in part, through EU laws. Only time will tell.
Friday, August 11, 2017
The NHS Leadership Academy has appointed Alliance Manchester Business School as one of seven higher education institutions (HEIs) to deliver the NHS Masters in Business Administration (MBA) programme.
Friday, August 4, 2017
Paul Wood, Executive Principal at YK Pao School Secondary Division in Shanghai, recently started his fourth University of Manchester degree at Alliance MBS.
Wednesday, August 2, 2017
Why is it that employees who witness bullying in the workplace are often reluctant to intervene? And what role could they actually play in helping to improve the wider culture of a business? These are among the key questions that a team of academics from Alliance MBS are investigating as part of a project into the role that third parties play in workplace bullying.
Wednesday, August 2, 2017
Austerity is not just a consequence of the global financial crisis but is here to stay as states grapple with the wider impacts of globalisation and the difficulty of increasing state spending. These are among the key messages from an ongoing multi-national academic study into the ‘foundational economy’ – namely those parts of the economy which provide the very basic goods and services that are at the foundation of civilised life.
Friday, July 28, 2017
Randa Bessiso, Founding Director of our Middle East Centre, has been named amongst the Forbes Middle East 100 Most Powerful Arab Businesswomen for 2017. Randa was previously recognised by Forbes in the 2014, 2015 and 2016 lists.
Alliance Manchester Business School and Bruntwood celebrate significant step in campus redevelopment
Wednesday, July 19, 2017
MANCHESTER, 19 JULY, 2017 – Luminaries and leadership figures from Alliance Manchester Business School, Bruntwood and partners gathered on site at the hugely improved campus last night to celebrate a significant step forward in its redevelopment.
Alliance Manchester Business School and The University of Birmingham award 1000th MSc in Healthcare Leadership on behalf of NHS Leadership Academy
Friday, July 14, 2017
1,000th Masters in Healthcare Leadership is awarded on its flagship Elizabeth Garrett Anderson (EGA) programme.
Monday, July 10, 2017
Alliance Manchester Business School has been awarded £9.7 million by HEFCE
Monday, July 3, 2017
Calls for private arbitration to avoid delays to transport projects