Ofgem and National Grid to answer Lords Committee questions on the future of the energy market
Next week the House of Lords Economic Affairs Committee will hear evidence from Ofgem, the gas and electricity market regulator, and National Grid, the UK's electricity and gas infrastructure operator.
This evidence session is part of the Committee's inquiry into ‘The Economics of UK Energy Policy'.
On Tuesday 22 November 2016 the Committee will hear from:
At 3.35pm:
- Phillip Sheppard, Director of System Operations, National Grid.
Questions the Committee is likely to ask Mr Sheppard include:
- Does the UK have enough spare capacity? What measures are in place to ensure that the lights stay on?
- How dependent is the UK on supplies from France and other countries?
- Is there a limit to the amount of intermittent renewable energy the grid can manage?
At 4.15pm:
- Dermot Nolan, Chief Executive, Ofgem.
Questions the Committee is likely to ask Mr Nolan include:
- Are you satisfied with the outcome of the Competition and Markets Authority review of the energy market?
- Should the UK support the development of an interconnector with Norway?
- Will it be possible for the UK to maintain links with the EU market post Brexit?
The Committee is exploring the present mix of policy interventions and subsidies in the energy market. The core question which it is seeking to answer is: “What are the failures, if any, in the energy market and what measures are needed to correct them?”
The evidence session will take place at 3.35pm on Tuesday 22 November 2016 in Committee Room 1 of the House of Lords.
