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

Catherine Mitchell, Professor of Energy Policy at the University of Exeter
Catherine Mitchell, Professor of Energy Policy at the University of Exeter

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 andnetwork 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.

Speaker

Catherine Mitchell is Professor of Energy Policy at the University of Exeter. Previous to that, she worked at the Universities of Warwick, Sussex and California, Berkeley. Catherine currently holds an Established Career Fellowship with the EPSRC on Innovation and Governance.

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