Tim Pick MBE

Tim was appointed as the UK's first Offshore Wind Champion in April 2022, co-chairing the Offshore Wind Acceleration Taskforce (OWAT) established by the British Energy Security Strategy. His report on UK offshore wind titled “Seizing our Opportunities” was published in April 2023. Tim currently chairs the UK’s flagship offshore wind supply development organisation, the Offshore Wind Growth Partnership, and is a Vice President of the Energy Institute, as well as serving on corporate boards in the Sustainable Aviation Fuel (SAF) and wind turbine installation sectors.

Tim has more than 25 years experience in major international law firms advising on the development and financing of some of the largest and most complex energy projects in the UK, Eastern Mediterranean, Arabian Gulf, East Africa and beyond, including senior roles at Shearman & Sterling and Freshfields. Tim spent around half his legal career living and working in Abu Dhabi, supporting development of some of the Emirate’s largest projects of that time.

Session Overview

Tuesday, 5 November

10:00

Decarbonisation Conference Decarbonisation Theatre 10:00 - 11:00

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Investing in reliable grid infrastructure to deliver renewable capacity and energy efficiency commitments

Tripling renewable capacity and doubling energy efficiency by 2030 is seen as critical to achieving a sustainable and low-carbon energy future. However, this initiative faces a unique set of challenges for each goal, including the lack of investment in the grid infrastructure needed to deliver renewable energy from generation sources to end-users, as well as driving operational excellence through the adoption of efficient electric technologies like heat pumps, EVs, etc. While long-term operational costs are lower compared to traditional fuels, the initial investment can be a barrier for investors as can long ROI windows. Collaboration across all stakeholder groups including utilities, grid technology vendors, investors and others will be needed to de-risk investment and deliver a reliable grid infrastructure that will enable increased renewable capacity and energy efficiency.

Attendee insights:

Understand the significant role of investment in establishing a modernised, reliable grid infrastructure to enable renewable energy capacity.