Morning, Tuesday, 8th October 2024
Online
This conference focuses on next steps for the Contracts for Difference scheme in the UK.
With the recent increase in budget for the upcoming Allocation Round 6 (AR6) by £530m, it is bringing stakeholders and policymakers together to discuss AR6 priorities and to consider proposed changes to AR7 and future rounds.
Delegates will assess implications for energy decarbonisation and security of further policy ambitions laid out in the Planning and Infrastructure Bill, as well as for transition and costs, and private sector investment in renewables, alongside the development of the National Wealth Fund and Great British Energy.
Delegates will assess latest thinking on configuring CfDs to enable cost reduction and investment in renewables, and budgetary considerations for future allocation rounds to meet offshore capacity targets by 2030. Areas for discussion include the expansion of phased CfD policy for onshore wind, floating offshore wind and solar projects, as well as the optimisation of the auction process for enabling rapid learning between allocation rounds.
We expect discussion on options for incentives and further support for investor confidence in renewables and other forms of green energy, and for the future of industry collaboration with government and national agencies, including on the creation of a UK innovation hub.
Further sessions will examine what more can be done to overcome existing barriers in stimulating renewable energy deployment, and the role of CfDs more generally in decarbonising the electricity system by 2030. Delegates will assess alternative renewable support mechanisms, as well as what can be learnt from international best practice and benchmarks in the global shift towards decarbonisation.
We are pleased to be able to include keynote sessions with: Sulaiman Ilyas-Jarrett, Head, Policy and Strategy, Renewable Delivery, DESNZ; James King, Director, Scheme Delivery, Low Carbon Contracts Company; Esin Serin, UK Policy Fellow, Grantham Research Institute on Climate Change and the Environment, LSE; and Rebecca Yang, Head, EMR Delivery, National Grid ESO.
All delegates will be able to contribute, alongside key policy officials, to the output of the conference, which will be shared with parliamentary, ministerial, departmental and regulatory offices. This includes the full proceedings and additional articles submitted by delegates. Those due to attend include officials from the DESNZ; DBT; DfT; MMO; NAO; HM Treasury; UK Infrastructure Bank; Environment Agency; Great British Nuclear; ONS; DECC, ROI; Department for the Economy, NI; The Scottish Government; and the Welsh Government - as well as parliamentary pass holders from the House of Commons.
