From gas exposure to system resilience: The real impact of Clean Power 2030
Energy transition Power markets Power insights Net zero Upcoming webinar
Event Details
Speakers
George
Martin
Principal - Power System Modelling
Oliver
Minchin
Associate Consultant - Power System Modelling
Iris
Shrestha
Associate Consultant - Power System Modelling
Two years after the launch of Clean Power 2030, is Great Britain on track to deliver a clean, resilient and affordable power system?
Join LCP Delta as we share the findings from our latest GB Power Market Outlook, assessing progress towards Clean Power 2030 and what it means for the future of the GB electricity market, including that:
- By 2030, gas will set the wholesale electricity price in fewer than 50% of hours, down from 80% today.
- A near-clean power system could limit the bill impact of a major gas price shock to just 4%, compared to 24% without CfD-backed renewables on the system.
- Under an accelerated build scenario, the full Clean Power target is achievable by 2032, two years later than planned, but well within reach.
Our experts will explore the delivery challenge, the role of networks and flexibility, the impact on consumer bills, and how a cleaner power system can provide greater protection from gas price volatility.
