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National Grid could lose electricity system operator role under new BEIS and Ofgem plans
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Government minister fascinated by visit to iconic Cruachan Power Station
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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 of the taskforce include refocussing the energy sector on the challenge and opportunities of digitalisation as a core component of transformation, not just an enabler.
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 model could be a suitable alternative.
Highlighted barriers included the relatively short length of contracts for capital intensive projects and a ‘salami sliced’ procurement of services.
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 strategy to a White Paper brings the proposals set out by BEIS one step closer to future legislation.
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