Introduction to the Electricity Industry in Great Britain

Complete overview of the electricity industry in GB including generation, networks, markets, retail and net zero


What you'll learn
Understand what electricity and gas companies do, and the overall utilities value chain
Understand the market structure, the regulatory framework and the relationship to the GB economy
Learn about the history of the industry from the origins, to nationalisation and privitisation
Explore each part of the value chain from generation, networks, markets, system operation and retail
Identify the key strategic challenges and opportunities facing utilities companies
Explore key market data and the companies operating in each sector
Understand how the energy system is changing and what the future might look like
Requirements
No requirements, this is intended for people new to the Industry, or perhaps familiar with one sector but new to others
Description
This course provides a complete introduction and overview of the electricity (and gas) industry in Great Britain. You will explore some of the basic concepts of electricity and gas and explore the overall value chain to get a strategic understanding of how everything fits together.You will learn about the history of the electricity and gas industry in Great Britain from early origins in the industrial revolution to nationalisation, privitisation and recent market developments. The course will explore the market structure today, including regulation, key market data and an introduction to companies operating in each part of the value chain.The course includes deep dives into each part of the electricity and gas value chain, including:- Generation: Where electricity and gas is produced, key market data and what the future might look like- Networks: How electricity and gas is transported, and some of the key challenges for networks- Markets & System Operation: Learn about key markets and the role of the system operator- Retail: Explore the retail market, understand a typical energy bill and understand key challengesFinally, you will explore future energy scenarios, key forecasts for the future and the strategic challenges and opportunities facing the electricity and gas industry as our energy system makes the transition to a net zero future.
Who this course is for
Typically, you are new to the Utilities industry and seeking to get a high-level overview. This could be for academic or professional purposes You might be working directly in industry, or be working in professional services, or in the supply chain or partner ecosystem Alternatively, you might be already working in one part of the industry and interested to see how it forms part of an end-to-end value chain from start to finish

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