Electricity markets, incentives and zero subsidy renewables
Energy Futures Lab launch their latest briefing paper reviewing the electricity market arrangements in the UK.
This event is invite only, please contact Neasan O’Neill if you wish to attend.
Abstract
Do Britain’s power markets and policies need to change?
The Energy Act 2013 introduced a set of arrangements known as Energy Market Reform but it was not till late 2017 that some of the key provisions of the Act began to take effect. Five years after the act only two Contract for Difference (CfD) auction rounds have been run and the first full forward purchase of capacity through the capacity market was only run for the winter of 2017/18
Energy Futures Lab’s latest briefing paper is a review of these electricity market arrangements in the UK. The paper asks whether there is a need for fundamental reform to the arrangements as a result of the rising share of variable renewables such as wind and solar power.
Format
The evening will feature a short presentation on the report followed by a panel discussion on the paper’s findings.
Panel
- Jeremy Allen, Department for Business, Energy & Industrial Strategy
- George Day, Energy Systems Catapult
- Carol Gould, MUFG Bank Ltd
- Kirsty Hamilton, Chatham House
Venue
The event is LTUG in the Imperial College Business School, building 17 on the campus map.
The room is best found by entering the College via the main entrance on Exhibition Road (near buildings 17 and 36). The entrance to the Business School is in the far right hand corner of the lobby, once inside just take the elevator to the UG floor and the lecture theatre is just outside the lift.