Abstract:
New UKERC modelling is assessing the interactions between transmission build-rates and the possible introduction of zonal pricing in the British electricity market. It cautions that investors currently face high uncertainty, and considerable volume of sales risks, with a material impact on renewable energy auctions that are essential for meeting clean power 2030 targets. The analysis suggests that implementing zonal pricing before resolving transmission uncertainties risks exposing investors to unnecessary risks that could negate zonal pricings benefits.
Publication Year:
2025
Publisher:
UKERC
DOI:
No DOI minted
Author(s):
Blyth, W., Gross, R., Heptonstall, P., MacIver, C. and Jamieson, M.
Energy Categories
Class Name:
Subclass Name:
Category Name:
Language:
English
File Type:
application/pdf
File Size:
621000 B
Rights:
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Rights Overview:
Rights are not recorded within the edc, check the data source for details
Further information:
N/A
Region:
United Kingdom
Related Dataset(s):
No related datasets
Related Project(s):
Related Publications(s):
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Locational Signals in a Reformed National Market: A review of options
Pot-Zero 2025 Update: Reducing the Cost of Renewable Support to Consumers
Zonal Pricing, Volume Risk and the 2030 Clean Power Target with Methodology