UK government rejects zonal pricing for electricity, supports renewables

View profile for Victoria Parrett

Public Affairs Manager for RenewableUK & vocL Voices Leader

Really pleased to see the government rule out zonal pricing for the GB electricity system. This is the best news for billpayers, the transition and for the UK's renewable energy industry and supply chain. A stable market with reforms is the best route to delivering the Government's goals for Clean Power 2030, while protecting consumers from market instability and any unfair postcode pricing which proved unpopular. There's still a lot of work to be done across industry and government to move faster with buildout and passing the savings from renewables onto billpayers (primarily a hefty amount of grid buildout) but it's good for everyone that we can move on from the zonal debate and get on with building a renewable-based electricity system across the UK. The transition can only happen while there's a healthy and investable renewable energy sector to transition into, and the announcement today helps secure jobs across the UK for the future. RenewableUK https://lnkd.in/eyM6tXYZ

To view or add a comment, sign in

Explore content categories