Richard Green is Professor of Sustainable Energy Business at Imperial College, London. He was previously Professor of Energy Economics and Director of the Institute for Energy Research and Policy at the University of Birmingham. His research interests include energy policy and the economics and regulation of the electricity industry. The main focus of his recent work has been on the impact of low-carbon generation (nuclear and renewables) on the electricity market, and the business and policy implications of this. He started his career at the Department of Applied Economics and Fitzwilliam College, Cambridge and also worked at the University of Hull. He has held visiting positions at the Office of Electricity Regulation, the World Bank, University of California Energy Institute, and the Massachusetts Institute of Technology. Richard is a member of the Supergen Flexnet Consortium and an Associate of the Electricity Policy Research Group at the Faculty of Economics and Judge Business School, University of Cambridge. He is also an Associate with Oxera (one of Europe’s foremost independent economics consultancies) and a Fellow of the Energy Institute.