Innovation and Governance of the GB Energy System: implications of decentralisation, decarbonisation, digitalisation and flexibility needs
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.
Date: 5 June 2018, 17:00 (Tuesday, 7th week, Trinity 2018)
Venue: School of Geography and the Environment, Gottman Room, First Floor
Speaker: Professor Catherine Mitchell (University of Exeter)
Organising department: Environmental Change Institute
Organisers: Anne L Ryan (ECI, University of Oxford), Oxford Energy Network
Organiser contact email address: anne.ryan@ouce.ox.ac.uk
Hosts: Professor Nick Eyre (University of Oxford), Dr Phil Grunewald (University of Oxford)
Part of: Energy Colloquia Series
Booking required?: Not required
Booking url: https://www.energy.ox.ac.uk/wordpress/events/event/innovation-and-governance-of-the-gb-energy-system-implications-of-decentralisation-decarbonisation-digitalisation-and-flexibility-needs/
Audience: Public
Editor: Anne Ryan