UK Electricity – a dysfunctional market?

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Technical lecture
21 November 2017 18:00 - 20:00
Limited Spaces
Tickets

Free to attend £0.00 Please select ticket count
Description

This lecture is based on a presentation made by the IMechE to Members of Parliament and of the House of Lords.

 The ideology that electricity prices provide adequate signals for the market to respond and result in the right outcome for UK plc has proven unrealistic and the government responses since privatisation, has proven inadequate to address Security of Supply and other issues.

 The retirement of old coal fired plants has reduced reserve capacity and uncertainties regarding nuclear new build implies a programme of new plants construction, however market uncertainties have deterred new entrants.

 It is now time to critically review our regulatory system and consider possible alternatives.

 

 

Speaker(s)

Franz Barillaro, Director AS Energy Ltd During his 35 year career in the electricity sector Franz has witnessed the last days of the CEGB, the privatisation process and the subsequent market changes in the UK and has had the opportunity to witness and compare other electricity markets worldwide.

Address

Manchester Metropolitan University
John Dalton Building
Chester street
Manchester
M1 5GD
United Kingdom

Contact Details

Simon Cathery
United Kingdom
Email: Send a message

Alternative contact Julfikar Haider

Email: Send a message

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