March 2016
Price: £95 PLUS VAT
Format: DOWNLOADABLE PDF
This seminar provided a timely opportunity to assess initiatives and policy priorities for security of energy supply - labelled ‘the number one priority’ by Amber Rudd in her ‘policy reset’ speech. Delegates considered the future mix of electricity and gas generation sources for the UK, including the roles that unconventional gas and nuclear power will play alongside traditional fossil fuels following the announcement of a £1bn Shale Wealth Fund in the Autumn Statement.
Timed to discuss the inquiry into security of energy supply conducted by the Energy and Climate Change Select Committee and newly-announced Capacity Market reforms, this conference also assessed the contribution of renewable energy in light of the closure of the £1bn Carbon Capture and Storage (CCS) commercialisation competition. Sessions brought out the latest thinking on policy priorities after the expected publication of a wider review of subsidy schemes, following publication of the Select Committee’s report into investor confidence in the energy sector.
Further areas for discussion included priorities for securing gas supplies for the UK as the Oil and Gas Authority transitions into a fully independent regulator, as well as the development of energy storage technology; managing transmission networks to ensure market flexibility after the second round of Capacity Market auctions; strategies to reduce demand pressures for gas and electricity supply and the next steps for regulation.