Reactive to Secretary of State Greg Clark’s speech on the Cost of Energy Review

 

Reacting to Secretary of State Greg Clark’s speech on the Cost of Energy Review, Nick Molho, Executive Director at the Aldersgate Group said: “The Secretary of State announced some important principles today that give a better sense of the government’s long-term energy policy direction. However, if the UK is to have an affordable and low carbon power system, the government’s upcoming policy paper needs to tackle how cheap and mature forms of renewable energy can have a route to market, how interconnection links with the EU will continue to grow after Brexit, what the carbon price trajectory will look like in the 2020s and how large consumers of electricity can be rewarded for providing flexibility services to the grid [1].”

 

 

[1] UCL (2018) UK industrial electricity prices: competitiveness in a low carbon world http://www.aldersgategroup.org.uk/latest#removing-barriers-to-mature-renewables-key-to-lowering-industrial-electricity-prices