Power 2.0: how to build a smarter electricity system

Oct 21, 2016

Time & Date

7th November 2016

15:30  |  Registration
16:00  |  Event Starts
17:30  |  Event Ends

Venue

PLEASE NOTE OUR CHANGE OF ADDRESS

6th Floor
8-10 Great George Street
Westminster
SW1P 3AE

 

To mark the launch of a major new Policy Exchange publication “Power 2.0”, you are invited to join a discussion on how to create a smarter, more flexible electricity system in Great Britain, with:

Sir David King, Special Representative for Climate Change, Foreign and Commonwealth Office 

Richard Howard, Head of Environment and Energy, Policy Exchange

Jorge Pikunic, Managing Director – Distributed Energy and Power, Centrica

Nicola Shaw, Executive Director, National Grid

Lucy Symons, Director of Public Policy, Open Energi
The electricity system in Great Britain is undergoing a radical transformation, with a trend towards decarbonisation, decentralisation, and digitalisation. There has been a ten-fold growth in the amount of renewables capacity since 2000, whilst at the same time the fleet of conventional power stations is in decline. This is creating significant challenges for the management and operation of the power system – to ensure there is sufficient capacity and flexibility to keep the lights on, and balance demand and supply.

Power 2.0 argues that in order to decarbonise the power system and accommodate renewable energy, we will need to create a system which is smarter and more flexible. However, the report identifies that the current policy, regulatory and fiscal regime is creating barriers for clean technologies such as demand response and storage, whilst encouraging a proliferation of polluting forms of generation such as diesel engines.

The report describes how to remove these distortions and ‘level the playing field’ between technologies. It also makes the case for a longer-term reform of the electricity market to value and encourage flexibility, learning lessons from other markets.

We hope you will join us for what will be a stimulating and timely debate.

 

This event will be oversubscribed. Places will be allocated on a first come, first served basis.

To apply for a place please email events@policyexchange.org.uk

 
    This event is kindly supported by Centrica, National Grid, and Open Energi

Related Blogs

Net Zero needs a democratic mandate

Power 2.0: the Policy Exchange “Smart Power” report in 7 key charts

Smart Power: How to build a smarter, more flexible power system

Richard Howard, Policy Exchange’s Head of Environment and Energy, previews this year’s conference events on the topic of “smart power”.

Responding to Demands: how can the UK deliver a “smart power” system

Policy Exchange launches Responding to Demands, a new project which will explore how to unlock “smart power” technologies such as storage and demand response.

Related Publications

The Future of UK-EU Energy Cooperation

Since the 1980s, UK and EU energy markets have become increasingly intertwined. Brexit doesn’t have to set back the development of a secure, affordable, low-carbon energy system in the UK and the EU, but new approaches to will be needed.

In this paper, Policy Exchange explores new models for UK-EU energy cooperation based on shared interests in competitive energy markets, robust carbon pricing, and the sharing of renewable energy resources across borders.

Outbreaks and Spillovers

Zoonotic pathogens (those that originate in animals) are a growing risk to human populations. There were three times as many outbreaks in the 1990s as in the 1940s, and cases continue to rise. The majority of new infectious diseases originate in animals, including well-known diseases such as SARS, avian flu, Ebola and HIV. Whilst too early to say for sure, it is likely that SARS-CoV2 (the virus that causes COVID-19) originated in bats. Here Policy Exchange examines what is to be done to reduce the threat to human health and the global economy.

Driving down emissions: How to clean up road transport?

In this major new report — by Policy Exchange’s Head of Energy and Environment, Richard Howard, alongside Matt Rooney, Zoe Begherbi, and David Charlesworth — the case is set out that the Government must take more action now to tackle the twin problems of greenhouse gas emissions and air pollution from road transport. Amongst other key findings, the report’s analysis reveals that hitting carbon targets will leave a £9-23 billion p.a. hole in tax receipts by 2030, and that official estimates of vehicle emissions and fuel efficiency are highly misleading.

Power 2.0: Building a smarter, greener, cheaper electricity system

New Policy Exchange report sets out the economic and environmental case for creating a smarter power system, using clean technologies such as battery storage and demand response.

Stay Up To Date

Support Us

Latest Tweets

RT @Robert_WH_Ede @SeanPhillips91 has provided our assessment of this week’s GP access plan. 1️⃣The scale of the crisis is undeniable 2️⃣But we need to find a way of being guided by evidence not emotion 3️⃣In this regard, the plan contains some sensible steps forward policyexchange.org.u…