Morning, Thursday, 26th April 2018
THIS EVENT IS CPD CERTIFIED
This seminar will discuss the Government’s proposed plans to reduce the cost of energy bills and ensure the market works in the interests of customers.
It follows the publication of the Draft Domestic Gas and Electricity (Tariffs Cap) Bill that will place a temporary cap on energy prices, and the BEIS Select Committee’s report urging this be introduced before the end of the year. The seminar will also address the release of Professor Dieter Helm’s independent review into energy affordability and ways in which the energy industry, government and regulators can keep the cost of electricity as low as possible, while ensuring the UK meets its domestic and international climate targets.
Discussion is also expected on the regulatory environment for the energy market, in light of the launch of a consultation on data-sharing, the introduction of a prepayment price cap through the use of ‘safeguard tariffs’, new CMA measures to help 700,000 restricted meter customers, and plans to make switching more convenient and transparent.
Further sessions are expected to discuss the range of technology options available to manage energy and reduce usage including the wider use of smart-meters that continue to be rolled out, as well as other methods such as the reduction of network access charging and a wider assessment of how the UK energy market operates and conducts business in the consumer interest.