Event Date/Time: Jun 28, 2006 End Date/Time: Jun 28, 2006
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Description

Greenhouse gas reduction targets are set in the Kyoto Accord that formally came into effect on February 16, 2005. Climate Change is high on the agenda for Tony Blair’s term as leader of the G8 group of industrialized nations and he has identified that Science and Technology must play a major role in addressing this issue. The varying incentives/measures designed to reduce greenhouse gas emissions from the power sector (ROCs, ETS, CCL, etc.) are intended to encourage efficient solutions – but are disjointed. The DTI’s public consultation of the Renewable Obligations (RO) scheme is underway and resultant changes are expected to be implemented by the end of March 2006.

The second stage of the European Trading Scheme (ETS) may also become clearer in this timescale. These incentives are currently expected to deliver Kyoto targets, but not the larger UK CO2 reduction targets for 2010 and subsequent targets. Consideration of new (replacement) nuclear and/or clean coal with carbon capture has recently come to the fore. The regulatory regime for offshore transmission (and hence related costs) will also likely become clearer over this timescale.

This Seminar will bring together stakeholders in the electricity industry ranging from generation (renewables, CHP, gas, coal, nuclear), transmission system and electricity supply (demand side management/metering) plus customer representatives (Energy watch, Large Users, etc.).

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