aurora energy research

Analysis from Aurora Energy Research has emphasised that flexible power demand is essential if the UK is to gain any substantial benefit from its goal of having 50-60GW of offshore wind capacity online by 2030.

New research by the trade association RenewableUK has shown that offshore wind will dominate the lowest-cost electricity system in 2035.

In this episode, Net Zero by Current± is joined by Tom Smout, senior associate with the GB research team at Aurora Energy Research, to discuss the opening of the second consultation for the Review of Electricity Market Arrangements (REMA) and the potential consequences thereof.

In this guest blog, Tom Smout, senior associate at Aurora Energy Research, discusses the opening of the second REMA consultation and weighs the impact of Locational Marginal Pricing.

“Delivering all of the planned upgrades would cause cumulative steel demand for the transmission system to rise by 450% between 2025 and 2035,” argues Aurora Energy Research.

Energy market analytics company Aurora says that Britain is not on track to meet the government’s renewables targets without innovation. 

The T-4 Capacity Market auction has cleared in its third round at a record high of £63/kW/year, more than double last  record high price.

Hydrogen could play a vitally important role in the decarbonisation of the UK power system by providing flexibility services as a cheaper alternative to gas-fired flexible generation, Aurora Energy Research said.

The T-4 Capacity Market auction has cleared at a record high of £30.59/kW/year, due largely to the decommissioning of old assets and higher capacity needs.

​Deploying large quantities of long duration electricity storage (LDES) could reduce system costs and reliance on gas, but greater policy support is needed to enable this, Aurora Energy Research has found.