Utility Week

Utility Week 16th June 2017

Utility Week - authoritative, impartial and essential reading for senior people within utilities, regulators and government

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Page 14 of 31

UTILITY WEEK | 16TH - 22ND JUNE 2017 | 15 Policy & Regulation Phil Sheppard, Director of SO Operations, National Grid "Regulation will play a part but it is incum- bent on those in the market to collaborate to co-create and co- develop services that are necessary for the market and us as the SO to operate the sys- tem effectively, effi- ciently and securely." Views from the speakers: Keith Anderson, chief corporate officer, Scottish Power, and chief executive, Scottish Power Renewables "The new government in their policies and Brexit negotiations need to be seen to be creating opportunities not threats." 1. Long-term energy vision in the UK The likely implications of Brexit for UK energy and climate change policy; how affordability can be balanced with decarbonisation and security of supply; and how targets can be met while maintaining good value for consumers. 2. Delivering a smart, flexible and integrated energy system Discussion will centre on the energy revolution and future challenges for UK energy and climate change policy; unlocking the potential of energy storage and demand- side response; and bringing electricity, heat and transport into one strategy. 3. The role of renewables How will the UK meet its 2050 carbon reduction tar- gets? Unlocking the potential of wind, solar and tidal power will be discussed, alongside the future of biomass. 4. Innovation and investment Delegates will consider what innovation is needed for the UK to meet its carbon reduc- tion targets; and how markets, investment and regulations can drive sustainable energy; as well as how to maintain investor confidence. 5. Ensuring security of supply in the short to medium term Presentations will cover the challenges of achieving a balanced energy portfolio and ensuring security of supply in the short to medium term – including the role of unconven- tional resources (such as shale gas) in the future energy mix. TALKING POINTS Keith MacLean, chair, UK Energy Research Centre "Any remaining doubts that short term political time- scales are not well matched to the long- term nature of the energy business have been confirmed by the election." David Cockshott, chief commercial officer, Inenco "In this period of uncertainty it is important to have continuity. We appreciate that after the election result, there are some huge strategic priorities for the government to address, but energy must remain a focus." Felix Lerch, country chairman, UK, Uniper "We would like to see continuity with respect to govern- ment policies and the implementation of measures that remove market distortions." Hugh McNeal, chief executive, Renewable UK "To maintain our world-beating offshore, onshore and wave and tidal sectors, we urge government to ensure a stable policy frame- work. With relatively simple support, in these unprecedented political times, renew- able energy stands ready to deliver."

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