Abstract
UKERC’s response provides commentary and analysis on many of the wide range of topics encompassed in the consultation. This includes the overall vision and objectives, case for change, the evaluation criteria defined by BEIS, locational pricing and local markets, lessons from other countries, changes to wholesale markets and incentives for low carbon generation, flexibility and capacity.
Our response provides detailed and evidence-based analysis on each of these complex topics, drawing on UKERC research and wider outputs. We highlight some of the complex trade-offs involved and argue for a cautious and gradualist approach that builds on the progress already made in some areas.
Our response provides detailed and evidence-based analysis on each of these complex topics, drawing on UKERC research and wider outputs. We highlight some of the complex trade-offs involved and argue for a cautious and gradualist approach that builds on the progress already made in some areas.
| Original language | English |
|---|---|
| Place of Publication | London |
| Number of pages | 38 |
| Publication status | Published - 31 Oct 2022 |
Keywords
- electricity markets
- electricity market reform
- decarbonisation of electricity system
- affordable energy
- security of electricity supply
- cost-effectiveness
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