House of Lords Select Committee on Economic Affairs, 2nd Report of Session 2016-17. The Price of Power: Reforming the Electricity Market. Ordered to be printed 8 February 2017 and published 24 February 2017. HL Paper 113. Dr Geoffrey Wood – Written evidence (UEM0062): Wider Discussion of the Issues of the EAC Inquiry pp.1022-1026

Citation

Wood G (2016) House of Lords Select Committee on Economic Affairs, 2nd Report of Session 2016-17. The Price of Power: Reforming the Electricity Market. Ordered to be printed 8 February 2017 and published 24 February 2017. HL Paper 113. Dr Geoffrey Wood – Written evidence (UEM0062): Wider Discussion of the Issues of the EAC Inquiry pp.1022-1026. London: House of Lords Select Committee on Economic Affairs. https://www.parliament.uk/documents/lords-committees/economic-affairs/The-Economics-of-UK-Energy-Policy/The-Economics-of-UK-Energy-Policy-FINAL.pdf

Abstract
Energy is an incredibly complex issue, indeed it is one of the ‘Wicked Problems’ that humanity faces that is difficult or impossible to solve for as many as four reasons: incomplete or contradictory knowledge, the number of people and opinions involved, the large economic burden, and the interconnected nature of these problems with other problems.