The UK energy sector is in a period of uncertainty that is stifling investment and preventing major projects from moving forwards. As politicians attempt to unravel the implications of leaving the EU, the energy sector continues to battle with tight reserve margins and low investor confidence. But there is no doubt that investment is needed in both generating capacity and new revolutionary approaches to transmission and system management. At this full day seminar the Major Projects Association considers the measures that could be implemented to ensure that the UK moves forward on new energy investments and maintains a leading technical position in a world that is heading towards a digital energy revolution.
The likely topics to be covered:
– Policy – The impact of new Department for Business, Energy and Industry.
– Political overview – The impact of Brexit upon the single market; Renewables policy.
– Generation – What is the optimum approach for the UK nuclear power projects? Potential and barriers to the use of SMRs? What can be done to support the sector and ensure that hydropower, wind and solar schemes can come to fruition?
– Smart Power* – The impact of Virtual energy storage and Network development.
– Finance – How can (and should) the UK plug the energy investment gap to get much needed finance for generation and distribution? Which projects and sectors are in most need of financial incentives?
* Delegates may wish to read the NIC’s recent report on Smart Power which can be found via this link: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/505218/IC_Energy_Report_web.pdf