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.
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
Authors: Simon Gill and Keith Bell. The full blog post is available on the UKERC website Development of low carbon electricity generation capacity on a level never seen before is required over the next two decades both to decrease the emissions intensity of electricity production and meet growing demand. Although a fair amount of new
Authors: Simon Gill, Keith Bell and Callum MacIver Extended Blog post: Available on the UKERC website Report document, including executive summary, full report and stakeholder engagement summary available via the University of Srtathclyde. Along with Keith Bell and Callum MacIver I’ve spent much of the past six months trying to understand the workings ofLMP. We’ve