About Nesta

Nesta is an innovation foundation. For us, innovation means turning bold ideas into reality and changing lives for the better. We use our expertise, skills and funding in areas where there are big challenges facing society.

This event took place on Tuesday 30 April. You can watch the recording below.

The UK’s current energy retail model has been around for 30 years and is based on the supplier hub model, where suppliers act as the single link between customers and the wholesale energy market.

We debated and discussed five alternative models that we think could accelerate household decarbonisation, and could form the basis of a future retail market.

We hosted a hybrid event to delve into findings from our new report on the future of energy retail, exploring how the electricity retail market could be designed to better support the delivery of net zero.

Why you should watch the recording

This recording is for anyone interested in the future of the energy system and home decarbonisation - whether you work in government and policy, in the energy industry, in regulation, or in the academic-research space.

The opinions expressed in this event recording are those of the speakers. For more information, view our full statement on external contributors.

Speakers

Sian Jones Biography April 2024

Sian Jones

Sian is Chief Executive Officer and founder of Correla Limited, a SaaS and technology managed services company. Correla is a leading provider of energy sector SaaS products, helping companies better manage their data, workflows and decisions as they undertake the complex task of decarbonising the energy sector and beyond. And Correla manages some of the energy sectors largest technology and business process outsource contracts, proudly underpinned and evidenced year after year by our promise to improve the satisfaction of our clients’ end users, during every outsource contract period.

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Andrew Chittenden

He/Him

Andrew Chittenden is a non-executive director of BIT. He has had a 30 year career in consultancy, focussed in both wholesale and retail energy markets. Firstly with Accenture and then for 20 years as a founding Partner with Baringa Partners LLP, an award winning international management consultancy and certified BCorp, which he helped grow from a standing start to a team of over 1000 professionals. Andrew now works as an independent advisor in the Energy Sector, and has provided advice to UK Government as well as HMT and DESNZ on a range of strategy, policy and commercial matters relating to the energy transition.

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Alexander Belsham-Harris

He/Him

Alex leads Citizens Advice's work on energy affordability and retail market reform, advocating for policies which will drive better outcomes for all energy consumers. Before working at Citizens Advice, Alex worked at Ofgem on sustainable energy policy.

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Daniel Portis

Daniel is Deputy Director for Customers policy at Energy UK, covering policy and regulation across domestic and non-domestic retail markets. Previously he was Head of Net Zero at the Tony Blair Institute for Global Change and spent 12 years in energy policy for Government, most recently as Deputy Director for Heat and Buildings Strategy.