This morning (04 July) saw National Grid ESO (ESO) present its conclusions on investment policy for net zero as part of the organisation's Net Zero Market Reform project.
In response to yesterday’s announcement, the energy sector has united in a call for stronger support for UK households struggling to pay their energy bills.
An independent review based on research by the University of Strathclyde has advised caution on Britain ‘rushing’ into a major wholesale electricity market reform based on locational marginal pricing (LMP).
The UK’s energy storage owners and operators must be “ruthlessly entrepreneurial” to navigate current Energy Market Reform conversations and prepare for the rapid growth expected in the near future.