Former National Grid boss Steve Holliday: Britain is undergoing a chaotic energy revolution

Former National Grid boss Steve Holliday has championed the role that businesses and innovators have played in igniting a "chaotic revolution" in the energy sector, by accelerating demand for renewable energy and battery storage installations.


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Kicking off the day at edie’s SPARK! Energy Leaders Club event in Birmingham last week, the Energy Institute’s new president-elect and former National Grid chief executive Holliday delivered a rousing keynote speech on the current business energy trends in the UK – and how the industry has changed over the past six decades.

Holliday, who led National Grid from 2007 to 2016, noted that a change of pace in the sector has seen the country switch away from a focus on the scale of energy systems to “reversing” that approach and placing more power into the hands of individual energy users.

He went on to state that the new energy movement is something of a “chaotic revolution”, and not just a “step-by-step transformation”.

Arguing that a shift towards decarbonised, decentralised, digitalised and democratised energy had brought about “seismic” change from a supply-side industry to a demand-side industry, Holliday said: “It’s almost as if we are reversing where we were in the 1950s, when everything was conglomerating in the global economy and businesses were merging together.”

Sign of the times 

Holliday championed the role of solar and wind in driving a change in how users interacted and consumed energy. Almost 30% of the UK’s electricity in 2017 was generated from renewables, nearly a 5% increase on the previous year, as increased solar and wind installations continue to decarbonise the UK’s energy and electricity mix.

He also praised the role that Government policy – notably the Climate Change Act (CCA) – has played in creating an enabling economic environment for renewables, despite recent cuts to legislation mechanisms including Feed-in Tariffs (FiTs). Holliday was one of 10 industry figures who recently provided their insights into the positive impacts of the CCA, 10 years after the legislation’s passing. 

Finally, Holliday claimed that businesses, organisations, start-ups and innovators had revolutionised how commercial energy users consume energy, noting the importance of battery storage in supporting businesses in decarbonising electricity mixes. BAcking up this claim, new research by trade bodies RenewableUK and the Solar Trade Association (STA) found that planning permission applications to install energy storage facilities in the UK have quadrupled since 2016, with a massive increase in capacity expected in the next few years.

Matt Mace

© Faversham House Ltd 2022 edie news articles may be copied or forwarded for individual use only. No other reproduction or distribution is permitted without prior written consent.

Comments (1)

  1. JAMIL ABDULLAH DURRANI says:

    Here in Pakistan, as you must be well aware, that there has been energy crises and shortfall in both electricity generation, and consumption.
    Recently, the we came across a working wikipedia paper in respect of carbon capture, storage and conversion into fuel, which could be very beneficial to production of energy, which will be absolutely carbon free, and very very helpful as climate change.

    Pakistan, is hacked by its industries, in coal power generation units, local industries which emits huge quantities of C02, causing pollution, and thus its majority population both in cities and rural area are exposed to health hazards.

    We had contacted the company Messrs. Carbon Engineering company which has opted to manufacture production units for capture of Co2 and conversion into Fuel, and has established such unit at Squamish city in British Columbia, Canada, and are awaiting their response.

    We happened to see your credential, as an authority in renewable energy, and wonder if you would be interested to help Pakistan in its revolution to over its energy crises, and further advise, whether these plants to capture Co2 and its conversion into fuel, can be of assistance for us.

    We can discuss our further plans, incase of your interests, and in the meanwhile, assuring you of our best attention, at all time.

    Regards.
    Egr. J.A.Durrani
    Consultant.
    Karachi-Pakistan

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