IEEE Green Energy Summit 2015, Panel 3: Green, yes! Reliable, yes! But who pays?

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#Energy #renewables #energy trilemma #security of supply #energy transition #energy prices #consumers #CO2 emissions.

The energy “trilemma” is a well-known cornerstone of any energy policy; energy needs to be reliable, sustainable and cost-effective. While it is clear that managing 2 out 3 of these policy pillars is rather straightforward to implement, the balance between them is very hard to manage. In this session, the costs effects of aiming towards a green and reliable energy system are discussed. Most importantly, how the end user will be charged for reaching our ideal future energy system? The cost of energy has a consequence on the competitiveness in difference countries. Moving towards a more green society or a more reliable society might benefit different regions. On a global level, the EU competitiveness is key. How can we create an EU energy policy that enhances our world-wide position.

Key discussion points:

• Where lies the balance between self-regulating liberalized markets and strongly regulated energy?

• It is easy to say that we will go for the energy trilemma, but how much can we increase the cost of energy at the expense of the other two aspects?

• To what extend can we allow the price of energy to vary in a single EU market?

• How can we reach a common and consistent energy policy in the loosely connected European energy policy climate?

 

Panel Members:

Mukund Bhagwat – Member, IFIEC Working Parties Electricity, Climate Change and Efficiency

Giles Dickson – Chief Executive Officer, European Wind Energy Association (EWEA)

Sylvain Lhôte – Vice President Government Affairs, Alcoa

Nikos Hatziargyriou – CEO, Distribution Network Operator (DSO), Greece

Dirk Van Evercooren – President, Association of Issuing Bodies (AIB)

This is the 3rd panel discussion from IEEE's 2015 Summit on Secure Green Energy, held in Brussels on November 2015. Topics discussed include:

• Where lies the balance between self-regulating liberalized markets and strongly regulated energy?

• It is easy to say that we will go for the energy trilemma, but how much can we increase the cost of energy at the expense of the other two aspects?

• To what extend can we allow the price of energy to vary in a single EU market?

• How can we reach a common and consistent energy policy in the loosely connected European energy policy climate?

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