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Events

Energy Bill - UKWEC workshop

19 March 2013
10.30 - 14.00
Venue
CMS Cameron McKenna (CMCK)
Address
Mitre House, 160 Aldersgate Street, London EC1A 4DD
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Summary

The Energy Bill currently being considered by Parliament contemplates the biggest transformation of the UK electricity markets since privatisation. Our speakers are Peter Lilley MP; Jonathan Brearley, Director of Energy Strategy and Futures, Department for Energy and Climate Change (DECC); and Ronan O'Regan, PwC Director, PriceWaterhouseCoopers

The changes are intended to stimulate major new investments in  generating capacity to deliver security of supply, and to ensure that investors have the confidence and ability to proceed in particular with low carbon sources of generation.  The measures include contracts for differences, a capacity mechanism, carbon price support, and an emissions performance standard. 

The debate in the country has considered whether such measures will achieve their policy objectives, whether or not they are overcomplicated, whether or not they give government rather than the market control of the major decisions, and whether there exist better options. 

The UKWEC discussion will focus on the passage of the Energy Bill, its likely outcomes, and especially on ideas on whether it should be modified before Royal Assent

Confirmed Speakers:
Jonathan Brearley, Director of Energy Strategy and Futures, Department for Energy and Climate Change (DECC)
Ronan O’Regan, PwC Director, PriceWaterhouseCoopers
Peter Lilley MP, Commons Energy and Climate Change Committee

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