Montel News - Slot 1
Regulating the unpredictable
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The UK has announced hugely ambitious plans - clean power by 2030. This will involve a massive roll-out of wind, onshore and offshore, solar as well as an expansion of grids and storage. A challenge, certainly. But not impossible, according to Jonathan Brearley, the chief executive of Ofgem, the UK's energy market regulator. The CEO also explains why the watchdog thinks zonal, rather than national pricing is the best way forward for the country.
In the first episode of Plugged In: the energy news podcast we discuss how the country can meet its targets, the obstacles that stand in the way and why the UK is not close to running out of gas. In fact, the UK will need gas in the future, albeit in a significantly less dependent way, according to Ofgem.
Host: Richard Sverrisson - Editor-in-Chief, Montel News.
Guest: Jonathan Brearley, Chief Executive Officer, Ofgem; Laurence Walker, Deputy Editor-in-Chief, Montel News.