Winning Business with the UK’s Energy Transition
25 - 26 Sep 2018
The UK has committed to the reduction of CO2 emissions, with consequent constraints to its energy policy. The long term reduction goal for carbon emissions is 80 percent decrease by the year 2050, working towards a 60% reduction in carbon dioxide emissions by 2050, and identified business opportunities in so doing: "cleaner, smarter energy".
Under the Renewables Obligation, renewable energy should supply 10% of electricity generation by 2010, an 'aspiration' to achieve 20% by 2020 and is it envisaged that the efficiency of 7 million homes will have been upgraded, with over 1.5 million of them generating renewable energy.
Government climate change targets are to produce 30% of electricity from renewable sources by 2020. The UK Government's goal for renewable energy production is to produce 20% of electricity in the UK by the year 2020.
Subsequently, the Low Carbon Transition Plan of 2009 made clear that by 2020 the UK would need to produce 30% of its electricity, 12% of its heat and 10% of its fuels from renewable sources.
The technological development is playing an important role in the energy revolution bringing new capacity in the form of energy storage and a new generation of batteries. The future wave of electric vehicles which will have a great impact in the form of increased demand, as well as the subsidy-free market and the uncertainty in how Brexit will affect the energy market in the UK, are the main factors on the changing energy market's landscape.
The transition from DNOs to DSOs is another big topic we will be discussing during the forthcoming Future Power Networks 2018. The change from a Distribution Network Operator (DNO) to a Distribution System Operator (DSO) essential to driving performance and efficiency from UK's network and to ensure it can meet the future energy demands as well to adapt to the customers and their new necessities and flexibility in their consumption.
Solar Media is delighted to announce the launch of its new Future Power Networks 2018 conference, which will be held on 25th and 26th September 2018 in London.
This conference will discuss the UK’s energy transition, the impact of EU and Gov legislation around energy and carbon as a key driver for the strategy to contribute to the CO2 reduction and decentralised energy and therefore, new and changing models of business. The new intermittent sources of generation (solar, wind, etc.) and the retirement of old power projects (coal in particular).
Why integrating renewables into the generation of new types of portfolios, the examination of the business case for storage as part of the generating portfolio and why investing in the right infrastructure technology is crucial for the UK’s future, will meet their answers during this Future Power Networks 2018.
A high-level audience will address ways to accelerate and mainstream the UK's energy transition through real cases studies and proactive sessions and how to benefit and create opportunities from these challenges.