Innovation and Governance of the GB Energy System: implications of decentralisation, decarbonisation, digitalisation and flexibility needs | University of Oxford

Innovation and Governance of the GB Energy System: implications of decentralisation, decarbonisation, digitalisation and flexibility needs

Speaker
Catherine Mitchell is Professor of Energy Policy at the University of Exeter
Event date
Event time
17:00 - 18:30
Venue
ECI, School of Geography and the Environment
Oxford University Centre for the Environment
Dyson Perrins Building, South Parks Road
Oxford
Oxfordshire
OX1 3QY
Venue details

Lecture Theatre, School of Geography and the Environment

Event type
Lectures and seminars
Event cost
Free
Disabled access?
Yes
Booking required
Not required

Momentum within the current energy system is towards decentralisation, decarbonisation and digitalisation (D3) and this requires a more flexible system operation. Together this is having an impact on market design, network regulation, regulatory mechanisms (ie a move to more performance based outcomes), business models, retail offerings and customer propositions. Whereas in the conventional energy system the links between, for example, market design and network regulation were fairly minimal, there is now an increasing integration between all these rules and values – leading to business plans based on stacked revenues rather than one basic source of revenue. This has implications across the board for innovation and this presentation will discuss this topic.