31/10/2024
14:30 - 18:00 UK Time
Deloitte, 1 New Street Square London, EC4A 3HQ, UK
Non-Member: £60.00 (excl. VAT)
Member: £45.00 (excl. VAT)
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Explore key challenges and potential solutions on the road to net zero.Governments and companies worldwide have pledged ambitions to play their part in achieving net zero emissions, and in many cases have developed and initiated transition plans. This is certainly the case in the energy sector, which has a key role given the historical impact of fossil fuels, the significant innovation capability within the energy sector, and the engineering expertise and experience on hand. Governments and climate activists have frequently targeted the energy sector with protests and ever-higher tax revenues, but consumer behaviours are yet to change in ways that will be needed.
Many organisations are now several years into transition plans and are starting to encounter obstacles and roadblocks that were not foreseen when the plans were implemented. Energy security has become a higher priority for governments since the beginning of the Russian war in Ukraine, with gas price spikes in Europe leading to rampant inflation, and a cost-of-living crisis. Gas is increasingly attractive in supplementing baseload power, where nuclear projects have suffered from delays and cost overruns. Uncertain project economics have also beset offshore wind projects, particularly in the US. Electric vehicle and heat pump adoption has been slower than could otherwise have been, with consumer anxieties not yet addressed by technological advances. And trade barriers and protectionism have prevented the lowest-cost products from reaching all markets.
WPC Energy UK National Committee has brought together industry experts to consider some of the key challenges that have arisen, how these are being solved or how they might be resolved, and what impact this will have on the world’s desire to move away from the use of hydrocarbons as the primary source of energy production.
Timings:
- 14.30 Registration and networking
- 15.00 Introduction from the Chair
David Holtam, Deloitte/WPC Energy UK National Committee - 15.05 Welcome
Pedro Miras, President, WPC Energy - 15.10 The road to Net Zero – where are we now?
- 15.35 Potential solutions – the role of an energy company
- 16.00 Refreshment break
- 16.30 Group Debate
Moderator: Andrea Stauber, King & Spalding
Charles Craven, Investec - 17.15 Closing remarks from the chair
- 17.30 Drinks reception and networking