The energy “trilemma” is a well-known cornerstone of any energy policy; energy needs to be reliable, sustainable and cost-effective. While it is clear that managing 2 out 3 of these policy pillars is rather straightforward to implement, the balance between them is very hard to manage. In this session, the costs effects of aiming towards a green and reliable energy system are discussed. Most importantly, how the end user will be charged for reaching our ideal future energy system? The cost of energy has a consequence on the competitiveness in difference countries. Moving towards a more green society or a more reliable society might benefit different regions. On a global level, the EU competitiveness is key. How can we create an EU energy policy that enhances our world-wide position.
Key discussion points:
• Where lies the balance between self-regulating liberalized markets and strongly regulated energy?
• It is easy to say that we will go for the energy trilemma, but how much can we increase the cost of energy at the expense of the other two aspects?
• To what extend can we allow the price of energy to vary in a single EU market?
• How can we reach a common and consistent energy policy in the loosely connected European energy policy climate?
Panel Members:
Mukund Bhagwat – Member, IFIEC Working Parties Electricity, Climate Change and Efficiency
Giles Dickson – Chief Executive Officer, European Wind Energy Association (EWEA)
Sylvain Lhôte – Vice President Government Affairs, Alcoa
Nikos Hatziargyriou – CEO, Distribution Network Operator (DSO), Greece
Dirk Van Evercooren – President, Association of Issuing Bodies (AIB)
This is the 3rd panel discussion from IEEE's 2015 Summit on Secure Green Energy, held in Brussels on November 2015. Topics discussed include:
• Where lies the balance between self-regulating liberalized markets and strongly regulated energy?
• It is easy to say that we will go for the energy trilemma, but how much can we increase the cost of energy at the expense of the other two aspects?
• To what extend can we allow the price of energy to vary in a single EU market?
• How can we reach a common and consistent energy policy in the loosely connected European energy policy climate?