Decarbonisation: Has the Government got it right?
On Tuesday 11 October 2016, Professor Richard Green, Tony Lodge and Jimmy Aldridge will give evidence to the House of Lords Economic Affairs Committee's inquiry into ‘The Economics of UK Energy Policy'.
Professor Green is a Professor of Sustainable Energy Business at Imperial College London. Tony Lodge is a Political and Energy Analyst at the Centre for Policy Studies. Jimmy Aldridge is the Associate Director for Energy, Transport and Climate at the Institute for Public Policy Research.
They will be asked for their views on the current Government's energy policy and in particular decarbonisation.
Questions the Committee is likely to ask include:
- Does current Government energy policy strike the right balance?
- Why have heating and transportation made less progress than electricity generation in decarbonising?
- To what extent has the lack of a full global agreement on decarbonisation measures left the UK in an uncompetitive position in terms of industrial energy costs?
- With the costs of alternative forms of power supply falling, is the UK's commitment to nuclear power viable?
- How will leaving the EU affect the UK's policy on decarbonisation?
- To what extent have contracts for difference encouraged innovation and cost reduction in electricity generation?
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 11 October 2016 in Committee Room 1 of the House of Lords.