Supporting the whole energy system - Simon Gill
Supporting the whole energy system - Simon Gill
The objective of this paper is to review a wide range of options that could be incorporated into a reformed national market and help the government make a well-informed decision on which market structure to take forward.
Electrical interconnectors linking Britain with our neighbours will be critical in a net zero electricity system. They will enable renewable generation across the country by ensuring a market for an increasing fraction of their generation. Interconnectors will also be essential to ensure a secure supply of electricity, something that will become increasingly important as we
This project explores the question of how much capacity on the national, main transmission network is economically efficient given the likely capacity, type and spatial distribution of generation and the magnitude and location of demand in a decarbonised electricity system.
A wholesale market based on ‘locational marginal pricing’ (LMP) has long been advocated by a number of electricity sector economists and commentators as ‘the right answer’, but what is the question, and is it the right answer for the challenges we face now in decarbonising and expanding the electricity system in Britain? In this extended
As the dust settles on the second REMA (Review of Electricity Market Arrangements) consultation, this blog reviews the debate on locational signals, their importance for flexibility, and the need for a more concrete articulation of what could be improved alongside a national wholesale market. It feels like we have been debating the options for improving locational signals
“As currently proposed, we have significant concerns that consumer interests will not be sufficiently protected” Consumer Scotland (CS) in their response the consultation on Sizewell C’s RAB License I was delighted to support Consumer Scotland with their response to the recent consultation on Sizewell C’s RAB License. The draft license lays out the detail of
In 2018-19 the average cost to resolve a thermal constraint in the GB power system was £109 / MWh. In 2022-23 it was £366 / MWh. The reason for the more than three fold rise? The increased cost of turning up gas power stations to replace curtailed renewable output. It is widely accepted that our