The UK’s transition towards a net zero economy requires a complete overhaul of our power sector. We don’t just need electricity generation that has been decarbonised, but a huge amount more of it as we switch away from heating our homes with gas and powering our cars with petrol. This will require a huge step up in investment - we must raise wind turbines, build nuclear power stations and expand the national grid. And that investment will need to be paid for.
How big is the investment required to decarbonise our energy systems? What will it cost - and how will that cost vary depending on the choices we make and the interest rates markets charge? How big is the impact on household bills likely to be? And what will it take to ensure the costs and benefits are spread fairly across society?
The Resolution Foundation is hosting an in-person and interactive webinar to debate and answer these questions. Following a presentation of the key highlights from new research on how the power sector can be decarbonised in a fair and efficacious way, we will hear from leading experts on how they think the UK can rise to this challenge.
The event will be open for people to physically attend, alongside being broadcast via KZfaq and the Resolution Foundation website. Viewers will be able to submit questions to the panel before and during the event via Slido.
Speakers:
Neil Kenward, Director of Strategy, Economics, Research and Net Zero at Ofgem
Emma Pinchbeck, Chief Executive of Energy UK
Jonathan Marshall, Senior Economist at the Resolution Foundation
Torsten Bell, Chief Executive of the Resolution Foundation (Chair)