ENERGY MARKET REFORM – a perspective from the OECD Nuclear Energy Agency

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ENERGY MARKET REFORM – a perspective from the OECD Nuclear Energy Agency

By Energy Policy Institute of Australia

Date and time

Thu, 28 Feb 2019 5:00 PM - 7:00 PM AEDT

Location

Piper Alderman

Level 23, Governor Macquarie Tower 1 Farrer Place Sydney, NSW 2000 Australia

Description

An invitation to EPIA Members and friends to a late-afternoon Roundtable:

Energy Market Reform - a perspective from the OECD Nuclear Energy Agency

With Guest Speaker: William Magwood, Director General, OECD Nuclear Energy Agency (NEA)


William Magwood, Director General of the OECD Nuclear Energy Agency (NEA), told delegates at the World Nuclear Association Symposium 2018 held in London in Septemberthat “if countries are serious about combatting climate change, then they will reform their electricity markets”.

During this roundtable Magwood will highlight three necessary changes required to our electricity market:

  1. A level playing field for all clean-energy sources of electricity.
  2. Harmonising regulatory processes
  3. Establishing an effective safety paradigm.

"We have to start looking at the technology a bit differently. The answer might be SMRs, the answer might be Gen-IV technologies,” he said. “But if we are aiming to avoid a certain technology in Country A, and another in Country B and a third in Country C, then we’re doomed. We have to build technologies for the whole market. If we don’t do that, we’ll never be cost-effective and we’ll never see the type of nuclear construction we need to meet the low-carbon and energy security goals.”

Magwood has led the NEA since September 2014. He was appointed a Commissioner at the US Nuclear Regulatory Commission in 2010 after previous roles including director of nuclear energy at the Department of Energy. He is recognised as a strong advocate of international technology cooperation, having served as chairman of both the Generation-IV International Forum and the OECD's steering committee on Nuclear Energy.


Date and Time: Thursday 28 February 2019^ at 5pm until 6.30 pm followed by refreshments

Venue: Piper Alderman, Level 23 Governor Macquarie Tower, 1 Farrer Place, Sydney

Registration fee: $50.00 per EPIA member attendee or $75 for non-members.

The number of attendees will be limited to 50.


Please join EPIA for this roundtable and participate in this topical debate. Register early to avoid missing out.


Please note: There will be no refunds but substitutes will be welcome.

^If date changes, delegates will be offered a refund if the new date is not convenient to them.

Organised by

The Institute is an apolitical, not-for-profit, energy policy body.

It provides a mechanism by which all stakeholders in Australian energy may collaborate on risks and concerns impacting on energy finance, production, supply and export, where those risks may not have been fully addressed by existing industry organisations.

It acknowledges all environmental concerns as well as the paramount interest of the public in having access to affordable, clean and secure energy. 

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