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Can social and smart tariffs improve energy affordability and drive economic growth?

Research output: Digital or non-textual outputs › Blog Post

Abstract

This blog explores the key questions, challenges and insights on improving energy affordability and equity and driving economic growth from our initial research work on social tariffs and smart tariffs under the Distributional and Economy-Wide Impacts of Social and Flexible Tariffs project, as part of UK Energy Centre (UKERC) 2024-2029. This project builds from ongoing research by the Centre for Energy Policy (CEP) at the University of Strathclyde, where we use economy-wide modelling to understand the distributional and wider economic impacts of different tariff structures. An initial review of the existing literature highlighted a series of complex trade-offs when it comes to balancing the needs of vulnerable households, promoting equitable access to energy, and sustaining economic growth throughout the UK’s energy transition.
Original languageEnglish
Place of Publicationwebsite
Media of outputOnline
Publication statusPublished - 9 Apr 2025

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 7 - Affordable and Clean Energy
    SDG 7 Affordable and Clean Energy
  2. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • net zero transition
  • energy transition
  • social tariffs

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