The future of power: are we seeing greater risk from aging infrastructure?

The Old Library, Lloyd's
Thursday, 09 January 2020
1:10 pm – 1:55 pm
    • Antony Froggatt, Senior Research Fellow, Energy, Environment & Resource Governance
  • Property lecture

In this IIL property lecture Antony Froggatt will talk about the challenges of managing an aging infrastructure in the power sector in the midst of rapid systematic change.

Much of the global electricity is produced by large, often old, centralised coal and nuclear power plants. However, for economic and/or environmental reasons these are being phase out and replaced by renewables, in particular solar and wind, and/or gas fired power stations, which have different production characteristics.

The removal of fossil fuelled power plants is driven by a need to rapidly decarbonise in order to meet internationally agreed emissions reduction targets. However, decarbonisation is also affecting the transportation and heating sectors, leading to the increased use of electricity.

New mechanisms are needed to manage electricity supply loads and efficiently integrate a larger number of supply options and users. This raises new technology and regulatory challenges.

By the end of this lecture members would have gained an insight into:

  • The current status of UK and global power infrastructure, how does it function and how old is it?
  • What will power the electricity system of the future and how will it function differently
  • The regulatory and operational challenges during the transformation of the energy sector

Chair:
Simon Warren ACII, Senior Property Underwriter, AIG.

Venue
  • The Old Library, Lloyd's
  • One Lime Street
  • London
  • EC3M 7HA
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Registration & Security

IIL lectures are open to CII and PFS members
CII and PFS members must register online by 10.30am on the day of the lecture
For lectures held in The Old Library, Lloyd's pass holders may also attend and do not need to register
All attendees (at any venue) must produce photo ID - either a Lloyd's pass, driving licence with photo or valid passport

Conditions:

  • Email confirmations and photo ID must be produced to security staff at the lecture venue
  • Attendance confirmations are non-transferable to any other person or lecture
  • All venues have limited capacity and registration and/or a Lloyd's pass does not guarantee admission

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CII Accredited

This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.

3/4 hours' CPD can be claimed for this event if relevant to your learning and development needs.

It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.