Power Markets, Carbon Caps, and Energy Efficiency Policies
In a session on regulation related to fuel poverty and the role of utilities, RAP Associate Sarah Keay-Bright spoke at the “Reframing Fuel Poverty in Europe” Conference held in Dublin on March 11th and 12th. The well-attended conference drew European policymakers, regulators, energy companies, health experts, practitioners, and academics working in the field. Ms. Keay-Bright explored how energy efficiency affects the price of electricity for consumers, and the case and benefits for recycling revenues from the EU Emissions Trading Scheme into energy efficiency programmes. She emphasized the importance of energy efficiency in reducing electricity bills and the need to combine tighter CO2 emission caps with energy efficiency in order to keep electricity bills lower. She also highlighted the need to deliver a decarbonised electricity system not only at least cost, but also at an affordable cost to consumers.