UK Power Generation Market

Monday, 17 March 2014

5.30pm to 9pm

Hosted by

15 Fetter Lane, London, EC4A 1JP

With risks of blackouts looming from 2015, shale gas potential being touted as the UK energy market saviour, Electricity Market Reform, renewable energy technologies achieving 11% of the total market and seemingly litle progress being made on carbon capture and storage and nuclear, it is timely to take a look at the current state of the UK Energy Market.

Ambitious targets have been set to achieve a decarbonised power generation system with major contributions from renewable energy, nuclear and carbon capture and storage. Where are we on that decarbonising journey, how close to cost parity are the various renewable energy technologies when compared with the legacy fossil-fueled infrastructure and how much more regulation and subsidy will be needed?

This event will take a close look at the current energy market, the constituent technologies and fuel sources, the regulatory position and the energy trader’s perspective. We will then take a look forward to where the market is heading in the short to medium term and then surmise how the targets can be achieved and what it will take from our current position.

Agenda for the evening

5.30pm Registration

6.00pm Introduction – Andrew Renton, Bird & Bird

6.05pm Welcome - Clive Hall, Rushlight Events

6.10pm UK Energy Market Commentary – Craig Edgar, Head of Growth and Strategy, Atkins Power. His presentation is HERE

6.30pm The regulatory position and outlook - Charles Hargreaves, Associate Director, Ofgem. His presentation is HERE

6.45pm The energy trader’s perspective - Jonathan Lydiard-Wilson, CEO International Division, EnergyQuote JHA. His presentation is HERE

7.00pm Panel and Q&A, augmented by

Jonas Persson, Director, Lloyds Bank

Edgar Goddard, Director Energy Services, Network Rail

John Rhys, Senior Research Fellow, Oxford Institute for Energy Studies

8.00pm Networking

9.00pm Close

Who should attend?

This briefing is relevant for anyone who is interested or involved in any aspect of the UK power industry. In particular, attendees will be developers, technology suppliers, financiers, investors, planners, analysts, economists, energy hosts or major energy users, consultants, advisers or other renewable energy and fossil-fuel energy sector followers.

Register

To register for this event click HERE.

There is a small service fee levied by the registration and payment system that we use. If you are having any problems with this system (please make sure that your email address and the email address associated with the credit card you are using tally, otherwise the system will assume the transaction is fraudulent and refuse it) or you wish to avoid the service fee, then please email [email protected] your details and we will invoice you directly.

Speakers

Jonathan Lydiard-Wilson

Jonathan is a leading energy strategist and is currently CEO of the International Division of EnergyQuote JHA which is one of Europe’s largest energy and carbon specialists delivering solutions to the B2B market. Recent projects have included working with Sustainable Development Technology Canada (SDTC), the Canadian Government’s cleantech fund, providing consultancy to global Aerospace, Defence and Security (ADS) companies in their transition into energy markets, negotiated the brokerage of a 20 year fixed price deal with the UK Government (£350m) and worked with Bristol City as one of the UK’s nominated Smart Cities. He is also a Director (Trustee) of The Centre for Alternative Technology (CAT).

Craig Edgar

Craig is Head of Growth and Strategy for Atkins Power. His role is to provide a focal point within the Power business to drive the strategic direction of the business to achieve profitable growth – both into new geographies and enhanced service provision. Prior to taking up this role last year, Craig has spent most of his working life delivering new build power generation projects and retains a keen interest and technical involvement in the new build power sector.

Charles Hargreaves

As Ofgem’s the Associate Director of Renewable Electricity, Charles is responsible for the oversight of the government’s existing environmental obligations aimed at promoting electricity generation from renewable sources. Charles has been in his current position since the autumn of 2013. Prior to his current role, he was the Associate Director for Environmental Programmes with the responsibility for managing the energy suppliers’ compliance with the range of environmental schemes including Energy Efficiency commitments. Throughout his time in with Ofgem Charles has worked extensively with Government on the development and monitoring of the environmental programmes. Before joining Ofgem, Charles worked in economic consulting and in academia, predominantly on the forecasting of UK energy demand and the consequent carbon dioxide and sulphur dioxide emissions. These forecasts were produced for a range of clients including government, utilities and NGOs.

Edgar Goddard

Edgar is Director, Energy Services at Network Rail and has recently joined to bring together and lead the energy and electric power community in Network Rail as part of a major programme of work to electrify and deliver power to Britain’s rail network. Previously he held senior roles within National Grid as Head of Information Services for National Grid’s Transmission business and leading National Grid’s UK electricity asset management; developing and delivering all National Grid’s UK transmission system investments totalling some €1.3bn a year and the ongoing maintenance and health of National Grid’s €7bn of existing assets. He has also led National Grid’s Electricity National Control Centre where the Great Britain transmission system is managed and real time energy balancing is undertaken and was Commercial Manager for National Grid’s UK Transmission business during a period of significant electricity market reform.

John Rhys

John Rhys joined the Institute as a Senior Research Fellow in March 2010, after a period as one of its senior research advisors. He obtained his first degree in Mathematics at Oxford University, and went on to obtain an M.Sc. and PhD in economics at the London School of Economics. He is a former Chief Economist of the Electricity Council, and a former Managing Director of NERA UK Economic Consulting. There he was intimately involved in UK energy sector reforms, and also worked extensively on energy sector projects worldwide with the World Bank, other development agencies and national governments.

Jonas Persson

Jonas has more than 12 years experience in the Power industry. He joined Lloyds in Aug 2008, with the mandate to develop the bank’s Utilities and Power business, focusing on the larger vertically integrated companies as well as the independent power producers. The bank has since established trusted relationships with close to 30 leading utility clients in Europe and the US, spanning core product areas such as acquisition and project financing, debt capital markets and financial markets. Since the beginning of 2009, Jonas has lead about 20 different Bond issuances for Utilities and Infrastructure clients, including multi deals for key relationships such as EDF, Iberdrola, Centrica, and SSE. He has also lead the funding of clients’ Project Financing, including off shore wind farms, networks, stand alone power plants, airports, and street lighting projects. Prior to joining Lloyds, Jonas spent 11 years at BNP Paribas where he was heading up the bank’s UK utility business, building out its commodities trading and leading its investment into the now well established WBS structures for the UK regulated networks.