Posted: 21 July 2014

FES insights

2014 UK Future Energy Scenarios, insights, perspectives, energy issues, affordability, sustainability, future energy landscape.
We have increased the number of scenarios we produce to four: Gone Green, Slow Progression, No Progression and Low Carbon Life, exploring the dynamics of affordability and sustainability and the impact they may have on our future energy landscape.

Joining the debate: the Future Energy Scenarios 2014 are just one of the ways that National Grid is engaging with the UK industry about the future energy challenge.

 

The 250 or so delegates attending the 2014 UK Future Energy Scenarios event each brought different perspectives and insights. So, what did people make of what they heard on the day and why are the scenarios themselves important?

Martyn James, Business Development Manager, Murphy Group

“I come to the event because I want to gain a deeper understanding of National Grid’s views on some of the key energy issues and also because it is a good opportunity for networking. The scenarios are very useful in terms of understanding what might happen but my message would be directed more at Government, which needs to start making some clearly defined decisions on energy policy – a lot of our potential clients are holding back on investment while they await greater clarity.”

Angus Paxton, Principal Consultant, Pöyry

“Understanding these scenarios is very important because they represent the benchmark for UK industry. I thought there were some interesting perspectives, particularly the two presentations relating to affordability, but I wasn’t quite clear how they fitted into the scenarios themselves. I think National Grid is really spearheading the idea of engaging with the wider industry in the UK and it would be great to see similar initiatives at a European level because at the moment there is nothing on this scale.”

Ann Eggington, London Energy Consulting

“I work in the energy policy arena and so the focus on the trilemma and what it means for the future of UK energy was very relevant to me. However, while the introductory presentations by external speakers provided some interesting scene-setting points,I found it rather difficult to see how, in general, they would usefully feed into NGC’s scenario development. Nevertheless, from a wider perspective, I did think that the [National Energy Action] presentation really brought to life what energy affordability issues mean for real people. For example, we are placing a lot of our hopes for improved energy efficiency on people investing in new appliances, but large numbers of people cannot afford to make those purchases and fuel poverty is clearly a major issue.”

Roddy Monroe, Head of Regulatory Affairs, Centrica Storage

“A lot of my work involves lobbying and when working with Government and other stakeholders it’s vital to have reliable and robust sources of data, as well as being aware of the most up-to-date thinking. The scenarios provide that insight. In terms of improving the value of the day, it would have been really good to have speakers from DECC and also OFGEM because they are at the heart of this debate.”

Sonia Youd, Halite Energy Group

“It’s always a good event and I find it very useful to see how the scenarios are changing. I would be interested to understand more about how National Grid plans to deal with uncertainty around import dependency, for example, and how it can build a system to cope with so many disparate scenarios that could unfold over time. In terms of the Gone Green scenario and being able to meet the 2020 targets, although consents might be in place [for wind projects], the big issue remains financing because partners are needed to be able to deliver those projects. I think that’s an area that could be explored more.”

Read more:

Richard Smith, Head of Energy Strategy and Policy, National Grid, offers his perspective on the UK Future Energy Scenarios 2014.

Ten things you need to know about National Grid’s Future Energy Scenarios 2014.

Alice Etheridge, National Grid’s Strategy Development Manager, explains what each scenario might mean for the UK as a whole and for consumers.

Gas innovation in full flow
"I think National Grid is really spearheading the idea of engaging with the wider industry in the UK and it would be great to see similar initiatives at a European level..."

Angus Paxton, Principal Consultant, Pöyry