December 2017
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Bringing together stakeholders with key policymakers, this seminar discussed policy priorities, and regulatory challenges, for establishing a smart electricity network in the UK.
Delegates examined the Government’s Smart Systems and Flexibility Plan, including its proposals to reduce barriers to increasing energy storage capacity, and to put homes and businesses in greater control of energy usage - with the aim of reducing overall costs. They also considered the Government’s recent announcement - in the Clean Growth Strategy - to invest £265 million into smart systems between 2015 and 2021.
Delegates further considered the role of Ofgem to establish, enable and regulate a more flexible network; as well as looking at the key priorities for electricity transmission, and the future role of the system operator.
The seminar assessed the technical challenges and opportunities at grid-level; such as asset management and innovation; developing smart systems; how to commercialise energy storage and integrate them into the network; and the opportunities to decarbonise the grid through renewable energy.
Discussion also took place on the prospects for the supply chain with the integration of smarter control and management systems in the distribution and transmission network.