Ensuring the adequacy of future energy systems
Seminar Room 1, Newton Institute
Since liberalisation in the early 1990s, Great Britain's energy market structure has been successful in delivering an appropriate level of security of supply. However, we will need to move in the future to alternative sources of supply and to reduce carbon emissions. It is far less certain that market mechanisms alone will be sufficient to effect the necessary step changes, in particular to deliver the required new capacity. This presentation will discuss how the market structure might evolve to meet this key challenge.