The UK Energy Market: Navigating Risk & the Road to 2030

The UK energy market is undergoing one of the most significant periods of change in recent decades, shaped by evolving market fundamentals, government policy, geopolitical developments, infrastructure investment and the transition towards a lower-carbon energy system. This seminar will provide an informative and balanced overview of where the market is heading and what these changes could mean for UK organisations towards 2030 and beyond.

Liam Clough will explore key market themes including backwardation, forward energy pricing and the fundamental factors influencing wholesale electricity and gas markets. The session will consider how global events can translate into movements in UK energy prices, examining the relevance of geopolitical tensions, international gas and supply security and wider global economic developments.

The seminar will also examine UK energy policy and regulatory change, including the direction of travel towards the Government’s 2030 clean power ambitions and the wider transition to Net Zero. Attendees will gain insight into the future of renewable generation in the UK, the changing generation mix, increasing electricity demand and the substantial network and infrastructure investment required to support this transition.

Alongside wholesale markets, the session will consider the changing composition of the energy bill, including non-commodity and network costs, and why understanding these areas is becoming increasingly important when considering future energy expenditure.

A key theme throughout will be risk management and long-term budget protection. Rather than attempting to predict the market, the seminar will explore how organisations can better understand their exposure to volatility, assess different procurement approaches and consider market, policy and geopolitical risk when planning future budgets.

The objective is to raise awareness and provide greater clarity around an increasingly complex energy landscape, giving attendees the knowledge and context to better understand the forces shaping UK energy costs and make informed decisions in an industry undergoing fundamental change.