The keynote investigates the evolving landscape of energy policy, from the initial push for renewables to the current focus on affordability and supply security.
It covers crucial topics including the Electricity Market Design (EMD) reform, its objectives, and implementation. It addresses current market challenges such as zero or negative pricing and increasing grid congestion. The speaker outlines key principles for designing markets suitable for a Net Zero future, emphasising the importance of real-time markets, the need for flexibility in energy systems, and the significance of implementing effective locational pricing signals.
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#EU #electricitymarket #netzero
00:00 - Intro
00:28 - Discussion on decarbonisation and energy policy
02:30 - Explanation of Electricity Market Design (EMD) reform
04:40 - Challenges of decarbonisation
06:00 - Principles for Net Zero Market design
08:30 - British market reform (REMA) overview
10:27 - Closing thoughts on consumer
