A new report by economic consultancy firm Frontier Economics has revealed that combining the UK and EU emissions trading markets could save the UK government up to £8 billion between 2025 and 2030.
To understand more about the way that FES maps the future and what effect the pathways have on the electricity system, Current± spoke to Jonty Haynes, principal analyst at Regen.
Throughout this week, the energy regulator Ofgem made several key announcements and proposed changes to the GB energy market, which could well aid the energy industry in a number of different ways.
The sixth auction round (AR6) for the Contracts for Difference (CfD) scheme will have a budget of £1.5 billion after Ed Miliband announced a £500 million increase.
Ofgem has appointed Elexon to drive alignment between local and national flexibility markets, and launched a consultation on a proposed common Flexibility Market Asset Registration (FMAR) solution.