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An event from the APPG on Electric and Automated Vehicles

Plunge Tariffs and Price Caps: how will data and new technology allow for new models of electricity supply in the age of EVs.

Over the course of 2018 two Bills have moved through Parliament which both fundamentally challenge the way energy is traded and sold in the UK.

While there has been much discussion on the Energy Price Cap as included in the Tariff Cap Bill, the Automated and Electric Vehicles Bill also poses significant questions about how energy suppliers will shift their business models as charging becomes ‘smarter.’ Debate in 2018 has focused on the upper end of what can be charged by energy suppliers.

But is smart charging of electric vehicles and other appliances, the introduction of solar and storage tech into homes and workplaces, and the aggregation of these technologies a fundamental change to the sector?

In this panel discussion, followed by an open Q&A with attendees from industry, the civil service, and parliament, participants will hear from an innovative electricity supplier who has recently launched a ‘plunge tariff’ which promises to pay users for their electricity consumption, and an EV tariff that allows for 5p/kWh charging overnight.

Participants will hear from Dr Hall of Leeds University who has modelled how smart meters will open up such new business models, and from Cornwall Energy Insights whose recent paper ‘Driven to Disruption’ investigates three electricity supply business models and puts forward proposals for policymakers to move the UK towards a ‘Full Service’ model. 

The question to panellists will be: how will new business models around EVs save customers money and challenge our assumptions about energy supply policy?

Speakers:

• Clem Cowton, Director of External Affairs, Octopus Energy (confirmed)
• Ed Reed Head of Research, Cornwall Energy (confirmed)
• Dr Stephen Hall, EPSRC Fellow, Leeds University & Author of the Smart Energy GB report The smart route to electric vehicles (confirmed)
• Viktoria Pelka, Senior Policy Researcher, Citizens Advice (confirmed)
• Panel chair: The Rt Hon Dame Cheryl Gillan MP (Con), Chair of the APPG on Electric and Automated Vehicles (confirmed)

 

~ ~ This event has been postponed ~ ~