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A Sustainable Energy Future Structuring the Energy Market Douglas McIldoon Chairman NIAER Chief Executive OFREG
Shaping the Debate The liberalisers The environmentalists The traditionalists
The Liberalisers Competitive markets Driving down costs A competitive economy The environment? Not our problem
The Environmentalists Reducing C0 2 is paramount Regulation is how to do it
Environmentalists and Liberalisers set the agenda Different languages Different value systems Different policy objectives
Today: Policy Confusion Tomorrow: Is policy coherence possible?
Can Markets deliver sustainability ? Market design Market failure Pre-market design intervention
Convergence of Liberalisation and Environmentalism UK White Paper EU Emissions Trading Region Renewable Obligation Will they work in a small market?
Let’s look at NI
Change Drivers in Northern Ireland New technology Regulation Lowering the cost of capital Competition
Northern Ireland C0 2 Emissions A story with: A Beginning A Middle An End
Environmental Change Drivers
Delivering Sustainability Technology: CCGTs Domestic CHP Energy efficient appliances Time of day metering Renewables
Delivering Sustainability Incentive Regulation: NIE’s T&D price control NIE’s Supply price control
Delivering Sustainability Cost of Capital: Measures reducing cost of new investment
Delivering Sustainability Competition: Emissions Trading Renewable Certificates
Conclusion Environmental objectives are determined outside the market Should be delivered at least cost to customers Incentive Regulation and New Technology have hitherto delivered more than competition in Northern Ireland
National Home Energy Conference All Change for Climate Change Bournemouth, May 2005 The Pace and the Climate: B oth Are Getting Hotter John Chesshire.
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1 COMPETITION LAW FORUM Paris 21 June 2006 Competitiveness versus Competition Presentation by Humbert DRABBE Director for Cohesion and Competitiveness,
Changing the way Europe provides heat and electricity for a sustainable future COGEN Europe Date: 30 May Page: 1 Gas Industry Micro.
[Legislative] [Scottish Policy] Non Fossil Fuel Obligation (NFFO) - Equivalent to SRO in Scotland -Subsidies for renewable energy plants -Funded by Fossil.
The 2006 Energy Review Regional Stakeholder Seminar: Fuel Poverty and Energy Efficiency 31 January 2006 Carl McCamish Deputy Head of Energy Review Team.
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Energy Market Reform in Great Britain The evolution of a market.
The cement - EU ETS Kaleidoscope Holcim Group Support Bruno Vanderborght Vice President Environmental Strategy Holcim Group Paris, 05 September 2006.
Climate Change and Renewable Energy Policy in the EU and Canada Ottawa, October 1 st 2015 Comparing EU Climate and Renewables Governance 2008 and 2014.
UK experience of and plans for reducing emissions of greenhouse gases David Warrilow UK Department of Energy and Climate Change COP16, Cancun, 30 November.
Creating a Single Electricity Market Across Borders: Pitfalls, Constraints, and Opportunities Paul K Gorecki Economic & Social Research Institute & Trinity.
1 Cohesion Policy support for Sustainable Energy Energy efficiency investments in buildings European Roundtable on Financing Energy Efficiency in European.
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The Carbon Trust Taking Action on Cutting Carbon Emissions Dr Kathryn Vardy 9 th November 2007.
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The RPA Renewables Routemap RPA\Events\030520GlobePraseg 1 The RPA Renewables Routemap Philip Wolfe Jeremy Leggett David McDonald Renewable Power Association.
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