This blog, as part of the Rethinking Electricity Markets project, describes a framework methodology and metrics that can be used to estimate the full set of cost and benefits associated with a wide range of low/zero carbon technologies, including generation, storage, interconnection, demand reduction and demand response.
The government needs to get out of the way to enable innovators to accelerate the shift to a carbon-free electricity grid well before 2050, according to a new report by Energy Systems Catapult. Rethinking Electricity Markets calls for a new wave of reforms to create a zero carbon electricity grid that works for consumers.
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 welcomes the opportunity to respond to a review of the purpose and performance of CfDs alongside development of the industries involved, the challenges they face, particularly with respect to present and future market conditions.