Please join us for a special joint
Innovation, economics and policy in the energy revolution:
Insights from the UK electricity transition and wider implications
Summary:
This talk will outline both theory and practice of energy transition and decarbonisation, drawing on long experience in the UK which has been a battleground between different approaches to electricity regulation and the implications of decarbonisation – culminating in halving CO2 emissions from the sector from the levels in 1990.
Innovation in both policy and technology has been fundamental to this. Drawing on the book (joint with Profs Jean-Charles Hourcade and Karsten Neuhoff) Planetary Economics: Energy, Climate Change and The Three Domains of Sustainable Development, the talk will explain a broadened theoretical framework and show how this can reshape our view of both the economic and political dimensions of effective policy, including (but not confined to) to the energy transition. The author will also present recent work on some implications of the approach for modelling of climate mitigation and the economic case for policy mixes.
For more on Professor Grubb:, click here.
Professor of Energy and Climate Change
UCL — Institute for Sustainable Resources
Central House | 14 Upper Woburn Place London | WC1H 0NN