Private Preview: Examining Policy Options to Reduce Electricity Bills in Great Britain
Join us for the virtual launch of a new report examining the policy options available to reduce electricity bills in Great Britain at a moment of renewed energy price volatility.
This event is organised by the UCL Institute for Innovation and Public Purpose (UCL IIPP). Explore more IIPP events here.
Please RSVP to this event by contacting andrew.pendleton@sunriseproject.org
About this talk:
Join us for the virtual launch of a new report examining the policy options available to reduce electricity bills in Great Britain at a moment of renewed energy price volatility.
With global tensions in the Middle East once again pushing up gas prices and raising the prospect of another energy price shock, the question of how to shield households from volatile electricity costs has become increasingly urgent. The UK’s electricity market remains closely tied to gas prices, leaving consumers exposed to global fossil fuel shocks even as the power system rapidly decarbonises.
This report brings together more than twenty proposals currently circulating in policy debates—from wholesale market reform to financing changes and retail market interventions—and assesses their potential to reduce bills and improve energy system resilience. The event will discuss the findings of the report, explore the scale of potential savings for households, and consider what policy changes could help protect consumers while accelerating the transition to a clean electricity system.
Meet the panel:
- Chair: Susie Elks | Senior Policy Advisor leading E3G
- Dr Donal Brown | Senior Honorary Fellow IIPP, Senior Research Fellow, SPRU, Sussex
- Professor Matthew Lockwood | Professor of Energy and Climate Policy, Director of Sussex Energy Group, SPRU, Sussex
Donal Brown supports IIPP’s work on decarbonisation and green industrial policy, including the Homes Don’t Cost the Earth (HDCE) project. Donal is holder of the prestigious UKRI Future Leaders Fellowship working on the political economy of the green transition. He is one of the UK’s foremost experts on the home energy retrofit delivery challenge and writes on the Political Economy of Net Zero.
Her work focuses on forging coalitions and conducting research to help us accelerate the transition to a low carbon electricity system and capture the benefits for the UK. She works across the policy and politics, considering this challenge in the round, including areas such as market design, the interactions with consumers and system governance. Susie has over 5 years’ experience working on the low carbon energy transition.
Professor of Energy and Climate Policy (SPRU - Science Policy Research Unit)
University of Sussex Business SchoolProfessor of Energy and Climate Policy at SPRU, Co-Director of the Sussex Energy Group and Co-Director of the Energy and Climate Policy MSc. Between 2012 and 2018 was a Senior Research Fellow at the Energy Policy Group at the University of Exeter, working on innovation and governance in the UK energy system. Between 1996 and 2011 worked in a variety of senior policy roles in the third sector and in UK national and London government.