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The UK Department for Business Energy and Industrial Strategy (BEIS) has launched an Energy Digitalisation Taskforce (EDiT) in partnership with Ofgem and Innovate UK. Its aim is to continue the UK Government’s focus on modernising the energy system to unlock flexibility and drive clean growth towards net zero emissions by 2050. EDiT will consider the market design, digital architecture and governance of a modern digitalised energy system and follows the Energy Data Taskforce, which initiated a wave of energy data activity across government, the regulator and industry. The key objectives o...

Otherwise, future longer-duration energy storage needs will be left unmet without significant change, the report found.  The 'Longer-Duration Energy Storage: The missing piece to a Net Zero, reliable and low-cost energy future' report estimates that the UK will need at least 30GW of longer-duration energy storage by 2050. The report concludes that this target is currently undeliverable based on the present market and regulatory framework. REA’s analysis found that an Income Floor would be the best market mechanism for supporting this category of storage, but that a Regulated Asset Base mo...

The much-anticipated Energy White Paper was published by the Department for Business, Energy and Industrial Strategy (" BEIS") on 14 December 2020, setting out its strategy for the UK's energy transition over the next decade. The Energy White Paper focuses on strategy in six key areas: consumers, power, the energy system, buildings, industrial energy and oil & gas. Much of what has been set out in the Energy White Paper is not new. For one, the Energy White Paper builds on the UK government's Ten Point Plan for a Green Industrial Revolution (the " Ten Point Plan"). However, committing this st...

Net Zero Nature brings together global experts, business leaders, NGO’s and innovators to explore why protecting and restoring nature is fundamental to global economic prosperity, investigate the transformative changes businesses must make now to avoid extinction, and consider best practices and latest developments. Register now to secure your place for a unique day of learning, leadership and practical insight. Date: 27 May 2021

A LEADING energy company has warned that Scotland will not be able to scale up wind farms to meet climate targets without an overhaul of charging…