All electric vehicle (EV) charge points sold in the UK will have to be ‘smart’ and able to interact with the grid to help manage the increased demand for electricity expected to arrive alongside higher take-up.
Regulators will need to evolve and adapt new approaches if they are to best protect consumers as the power market continues to pivot, a new report has warned.
Ofgem chief executive Dermot Nolan has warned traditional utilities that they could be made “redundant” in a future power market typified by change and new market entrants.
The controversial roll-out of smart meters for consumers has the potential to be the “next universal credit” if it is poorly managed, Labour MP Caroline Flint has warned.
Energy storage investors will need to have their projects in the ground by June next year at the latest if they are to take advantage of the lucrative new ancillary services market set to be implemented by National Grid, according to Sungrow’s European managing director.
Large incumbents such as the ‘Big Six’ utilities have a dominant and undue influence over UK energy policy, potentially holding back a clean power transition, a new report has claimed.