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Societal objectives and their impact on the electricity system of the future

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MESW02 - Electricity systems of the future: incentives, regulation and analysis for efficient investment

Electricity is an essential to people’s well-being and the lifeblood of a modern economy. The societal objectives around electricity reflect the wider values of society, and these values precondition the way the electricity system is structured and governed, both today and in the future. The electricity system is changing rapidly, but societal values are usually more enduring, and will shape the ways in which the system develops. The challenge of the energy system of the future is use technology to meet the goal of decarbonisation, without undermining the reasonable expectations of society for an essential public service. This talk will look at these societal objectives, how they shape the electricity system of today and the risks and opportunities in the transition to a low carbon future.

This talk is part of the Isaac Newton Institute Seminar Series series.

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