Rethinking Electricity Markets is an Energy Systems Catapult initiative to develop proposals to reform electricity markets so that they best enable innovative, efficient, whole energy system decarbonisation.
The UK has made great progress in decarbonising electricity over the past decade. Tackling transport and heat will be next, where the potential of digitalisation will be crucial. Policymakers face a raft of challenges. Energy Systems Catapult believes the architecture of the energy system requires a rethink. Strategy and Performance Director Guy Newey explains.
The Prime Minister’s 10-point package marks the first substantial climate intervention by a PM since the start of the coalition. That matters. It gives a clear signal outside and, just as importantly, inside Government that Net Zero is a priority.
Energy Systems Catapult has today released the full technical report from the Energy Technologies Institute Nuclear Cost Drivers project. This report demonstrates a credible path for nuclear energy to become a competitive Net Zero solution alongside renewables.
The Energy Technologies Institute’s Nuclear Cost Drivers (ETI NCD) full technical report is the culmination of a project to demonstrates a credible path for nuclear energy to become a competitive Net Zero solution alongside renewable energy.
New analysis has found that committing to a further 10GW of new nuclear beyond Hinkley Point C is a low regrets option for the UK as it targets a Net Zero economy, but that costs need to fall significantly if the technology is to fulfil its long-term potential.