The House of Lords is holding an inquiry into the ‘economics of UK policy’ and is due to hear expert evidence tomorrow on whether the government has ‘got it right’ on de-carbonisation.
The Economic Affairs Committee is exploring the present mix of policy interventions and subsidies in the energy market.
But the impact of the vote in favour of British independence from the EU-bloc is also on the table, and the extent to which the lack of a full global agreement on decarbonisation measures left the UK in an uncompetitive position in terms of industrial energy costs
Those giving evidence are Richard Green, Professor of Sustainable Energy Business at Imperial College London: Tony Lodge, Political and Energy Analyst at the Centre for Policy Studies, and Jimmy Aldridge, Associate Director for Energy, Transport and Climate at the Institute for Public Policy Research.
The Economic Affairs Committee is one of the five permanent investigative committees in the House of Lords and you can watch the session live on the internet at www.parliamentlive.tv from 3.30pm.
Meanwhile, MPs on the Commons’ Energy Committee are to examine some of the innovative technologies that could revolutionise the energy sector – such as storage – and probe the Government’s role in supporting the development of the future energy market.
Among those giving evidence at Westminster tomorrow are:
- Amanda Lyne, Chair, UK Hydrogen and Fuel Cell Association
- Dr Nina Skorupska, Chief Executive Officer, Renewable Energy Association,
- Dr Jill Cainey, Director, Electricity Storage Network
This session will explore a number of themes, including, smart meters, which innovations have the greatest potential to revolutionise energy markets, flexible demand technologies and consumer engagement in a future digital energy market.
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