Centre of energy expertise Regen has released a new report signalling that a strategic and planned approach to network investment could help deliver transformational value.
Data from Cornwall Insight’s independent research paper, Integrate to Net Zero, has shown that the widespread use of integrated energy solutions could save the UK’s wholesale energy market over £13 billion a year by 2035 - a 25% total cost reduction.
Regen's Merlin Hyman and Aurora's Tom Smout shared their predictions for what 2023 has in store for the energy sector in the latest edition in our Current± Predicts series.
Regen, on behalf of six trade bodies, has called on the Department for Business, Energy and Industrial Strategy (BEIS) Secretary Grant Shapps to address network constraints with many facing connectivity delays of up to 15 years.
Balancing offshore wind farm construction between the east and west coasts of the UK would strengthen the consistency of energy supply and help reduce reliance on balancing actions using fossil-fuelled dispatchable generation, said Regen in a new report.
Although the introduction of the Energy Price Guarantee is a broadly welcome and required intervention by the UK Government, there are number key clarifications needed.