Now in their twenty-ninth year, The Beesley Lectures were founded by Professor Michael Beesley, one of the most influential regulatory economists of his time. Held in partnership with the Institute of Economic Affairs and the Centre for Competition and Regulatory Policy at City, University of London, the series attracts the foremost thinkers in government, industry and academia.

Lecture Four: Lessons from COVID-19 in protecting consumers and supporting the NetZero transition – Thursday 26th November, 4pm

Over the peak impact of the virus in the UK, low electricity demand and much higher than usual penetration of renewables in the energy network has represented a management challenge for the network operator. This presented auseful rehearsal for the 2025 coal free target, helping to get to new protocols for energy management, pushing forward the launch of a new inertia product and preparing for the long-term high presence of renewables in the system.How can regulation ensure that the costs and benefits of transitioning to a low-carbon energy system falls fairly? What has the coronavirus taught us about balancing the intergenerational interests of consumers?

Lecturer
Jonathan Brearley, Chief Executive Officer, Ofgem

Respondent
Richard Sweet, Head of Regulation, Scottish Power

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