Security of Power Supply

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Security of Power Supply

9 Nov |

The European Union and New Zealand share ambitious decarbonisation goals which place the power sector in a strategic pivotal role to not only carry its share of the economy wide emissions reduction effort but to also enable the transition of other sectors, such as transport.


Event Name:

Security of Power Supply

Event Date:

9th Nov 2021

Description:

Join the BusinessNZ Energy Council (BEC) and Delegation of the European Union to NZ for its webinar on the challenge of ensuring continued energy security at least cost during the transition towards net zero greenhouse gas emissions. The European Union and New Zealand share ambitious decarbonisation goals which place the power sector in a strategic pivotal role to not only carry its share of the economy wide emissions reduction effort but to also enable the transition of other sectors, such as transport. Along the road to net zero, regulatory and technological challenges to ensure security of power supply abound: increased intermittency, increased decentralisation of production and storage, two-way flows of energy, digitalisation are just some of them. Starting from a lower level of renewable energy in its power mix than New Zealand, the European Union and its Member States have over the last decades developed, tested and modified rules and technologies to adapt the sector’s security framework to a constantly evolving landscape.

This webinar will be an opportunity to hear how their experience might be relevant to New Zealand and what lessons have been learnt along the way.

Dr Stephen Batstone, Co-Founder and Director of Whiteboard Energy Limited, will provide us with a view of the New Zealand challenge and will moderate the panel session followed by a Q&A session.

Speakers include:

  • Moderator - Stephen Batstone, Co-Founder and Director of Whiteboard Energy Limited. Stephen is a specialist modeller in the field of decision making under uncertainty, including optimisation, forecasting, cost benefit and other financial analysis projects.
  • Alberto Pototschnig, Executive Deputy Director, World of Practice, Florence School of regulation will draw lessons from regulatory approaches to security of power supply so far in the EU as it decarbonises its power grid and discuss regulatory options ahead to ensure the EU power market is fit for the future.
  • Professor Tomas Kåberger, Director of the Energy Area of Advance at Chalmers University of Technology in Gothenburg and currently the Executive Board Chairman of Renewable Energy Institute in Tokyo, will present how renewable technologies can be parametered and mixed to ensure continued security of supply and will give examples of international plans and experiences in the field.
  • Vasilis Papandreou from the European Union Agency for the Cooperation of Energy Regulators will give us a view from the machine room of the European Union's power sector regulators and layout the ground work and analysis done to ensure generation adequacy and security supply across the continent's 27 integrated power markets.