We can now all see positive headlines about how the price of
renewable energy is dropping, and how much more we're generating,
in the UK and all around the world.
But frustratingly, we also hear how our persistently high UK
energy bills are still being set by gas, using the marginal price
system, and so subject to geopolitical shocks.
Why is this, and what can we do about it?
On Wednesday 24 June the Committee turns to oral evidence on the
Government's decision last year to proceed with reforming the
system of national electricity pricing, rather than moving to a
system based on locational marginal prices.
- Can a reformed national system send the right signals for
siting infrastructure and matching supply with demand?
- Will it be fit for purpose to drive the transition to
renewable energy?
- Is the current direction of reform to the existing system
sufficient to deliver meaningful change by 2030?
- Are current policy levers, like network charges and grid
connections reform, enough to drive efficient siting
decisions by the market - or do we need a bigger role for central
planning?
On Wednesday 24 June at
915am
- Chris Matson, Partner at LCP Delta
- Tom Luff, Energy Strategy and Policy Expert at Energy Systems
Catapult
- Katrina Salmon, Research Fellow at UCL Centre for Net Zero
Market Design
At approximately 10:15am
- Jason Mann, Senior Managing Director at FTI Consulting
- Helen White, Head of Commercial Asset Management at Ocean
Winds UK
- Rob Gross, Director at UK Energy Research Centre (UKERC)
