Zonal pricing has once again become a topic of debate after a group of 11 trade groups wrote an open letter criticising the proposition, made as part of the Review of Electricity Market Arrangements (REMA).
The flagship renewable power auction, known as Contracts for Difference, has published the results of its Auction Round 5 (AR5), revealing that just 3.7GW of projects have been awarded funding.
The trade associations RenewableUK, Scottish Renewables and Solar Energy UK have warned that a radical shift in UK energy market design would increase the cost of electricity.
The energy sector has rallied to concur with the conclusion drawn by the Climate Change Committee (CCC) in its latest annual report on the UK Government’s progress in reducing carbon emissions (published 28 June) declaring that the UK is “failing in much of its [renewable energy] implementation.”
Five energy trade associations have written a joint letter to the Chancellor Jeremy Hunt, calling on him to offer a more competitive capital allowance regime in the upcoming Spring Budget to incentivise investments in the UKs renewable industry.
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.
The Association for Renewable Energy and Clean Technology (REA) and the Electrical Contractors' Association have urged the government to take greater action to tackle the energy crisis.
