A new study conducted by Energy Systems Catapult demonstrates that replacing the UK’s current national approach to wholesale power prices with a localised model “could be the foundation of a net zero system”.
Without reform of the market, the UK will miss its 2035 electricity decarbonisation target according to a new report from centre-right think tank Onward.
Protecting investor momentum must be key to the government’s recently announced Review of the Electricity Market Arrangements (REMA), Cornwall Insight has said.
