Digitalisation in solar and across the wider European energy market could create “vast” market opportunities and entirely new business models, a new report has found.
Great Britain’s electricity networks will collaborate on new markets for flexibility services to rival the need for traditional upgrade investments, developing a national smart grid which could deliver £17 billion back to the economy by 2050.
Climate change minister Claire Perry has said she would be “personally disappointed” if the UK used ‘flexibilities’ to fill the shortfall in meeting the fourth and fifth carbon budgets identified in her own Clean Growth Strategy (CGS).
Scottish and Southern Electricity Networks, the networks arm of SSE, has outlined the principles of its transition to a Distribution Systems Operator (DSO) as it aims to get to grips with the “almost unrecognisable” emerging energy market.